Originally Posted by
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Three things about Oanda.
1. They do take the other side of your trades. They aren't an ECN, they've never claimed to be. They may pass off trades and hedge their positions, but they're taking the other side of all. The thing that makes them a bit different is that they do not screw around TOO much, but they've had their moments in the not too distant past.
2. They are reliable for over 100k. And for people who say you must be trading futures simply because of account size, '' I say, get a clue. It is a stupid thing to say.
3. Oanda's maximum leverage TO OPEN a position is 50:1. Once it is opened, it then goes to 100:1 to keep the position. I never ceased to be amazed after 4 years of reading about Oanda's leverage to observe that overlooked. How the hell does one forget this?