Oanda Platform

[Henry]

I am contemplating to move to a non MT4 broker and I opened an Oanda demo to learn the platform. I entered a trade, but something does not make sense in this picture. I am up 52 pips on 10 lots. That is $5200, but the account summary does not reflect that.


Am I reading this wrong or what? Can an Oanda expert please assist?

Thanks in advance.

Edit: I got it figured out. They do not work with lots, but with units. Thus 1 lot = 100 000 units. Nice trades gone to ashes. LOL

[manus168]

Henry did you allready Check in Tools/Setting/User Preference/Trading/Default Order Size ?

Let i give you an example;

Try to change to 6% its equal in every open Position you enter eith 1:3 Leverage(Because Oanda have a 1:50 Leverage); so the units is automatic set up for you.

Or if you want to put 1:10 Leverage you just put 20% ( I thing it is big enough for your Open Position) so the Units can automatically set up for you Buddy.

Try use the PIP/PROFIT Calculator for more clearer your Objective Goals at Tools-PIP/Profit Calculators

[manus168]

Just FYI: I cannot seeing your Screenshoot please you upload again from here :

http://img27.imageshack.us/

After you finished Uploaded, try to put the URL Link at the Pictures Icon (Mountain) at the toolbox or alternatif you can do it manual by give a tag like this :

[img]xxxxxxx.com[/img]

See you Pal

[fxquantum]

Henry...If you would like to try a non MT4 plattform.....Why you not try GFTForex.com (USA) or GFTUK.com (FX and CFDs)?

Oanda looks very reliable but takes lot resources form your PC due Java plattform.

Regards

[flogger]

What is the obvious difference between an MT4 platform and GFTForex.com?