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  4. tickmill or oanda for serious forex - spread quality opinion needed

tickmill or oanda for serious forex - spread quality opinion needed

Scheduled Pinned Locked Moved Forex Brokers
spreads
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  • E Offline
    E Offline
    Ethan
    wrote on last edited by
    #1

    looking to consolidate to 1 broker. currently split between 3 because i kept opening accounts every time someone in a thread said theyre 'the best'.

    narrowed it to tickmill pro and oanda core. spreads quoted as roughly similar on majors. tickmill commission is higher per lot but their raw feed seems cleaner in my casual testing. oanda has zero commission but spreads widen more on news.

    for someone trading mostly EU/asian session, which one will save me more long term?

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    • D Offline
      D Offline
      dreamchaser
      wrote on last edited by
      #2

      tickmill pro hands down for london/asian sessions. oanda is built for retail trader convenience, their api is great for systematic but raw execution quality during ny open is bottom tier. tested over 18 months.

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      • D Offline
        D Offline
        Dean
        wrote on last edited by
        #3

        disagree on oanda being bad. their core account is rough for scalping but for swing/position trading their stability is unmatched. depends entirely on your strategy.

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        • D Offline
          D Offline
          deepnorth
          wrote on last edited by
          #4

          whats the deal with commission vs no commission? doesnt no commission mean cheaper?

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          • C Offline
            C Offline
            coldvision
            wrote on last edited by Admin
            #5

            no. zero commission means the broker bakes their cut into a wider spread. its often more expensive than a tight spread + transparent commission, especially on majors. always compare total cost per trade not just commission.

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            • O Offline
              O Offline
              Oliver
              wrote on last edited by
              #6

              if youre dollar averaging both, log 100 trades of each side by side on a small size. its the only honest comparison. tickmill won for me on EU session, oanda won on asian (lower commissions on micro lots help there).

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              • F Offline
                F Offline
                fadedlights
                wrote on last edited by
                #7

                tickmill pro. done.

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                • A Offline
                  A Offline
                  aaronm
                  wrote last edited by
                  #8

                  i love oanda just for their charts and historical data download honestly 📊 the trading side is meh but their dev tools are 10/10

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