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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

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spreads
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    Ethan
    wrote on global: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 global: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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      • DeanD offline
        DeanD offline
        Dean
        wrote on global: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 global:last-edited-by,
          #4

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

          demo for now

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          • coldvisionC offline
            coldvisionC offline
            coldvision
            wrote on global: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.

            test small first

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            • O offline
              O offline
              Oliver
              wrote on global:last-edited-by, Admin
              #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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              • fadedlightsF offline
                fadedlightsF offline
                fadedlights
                wrote on global:last-edited-by,
                #7

                tickmill pro. done.

                mostly lurking

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                • A offline
                  A offline
                  aaronm
                  wrote on global:last-edited-by,
                  #8

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

                  journal it

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