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Oanda Desperate - Forex / CFD Trading Dying Out?
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Oanda Desperate - Forex / CFD Trading Dying Out?

  #1 (permalink)
Live Your Bliss
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Oanda Desperate - Forex / CFD Trading Dying Out?

Just received an offer from Oanda. Deposit $2000, place a trade of any size, and we give you $250. WHOA! Is Forex / CFD trading really dying out?? I haven't seen the latest Forex / bucketshop numbers, but I suspect they must be way way down....

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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  #3 (permalink)
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Anagami View Post
Just received an offer from Oanda. Deposit $2000, place a trade of any size, and we give you $250. WHOA! Is Forex / CFD trading really dying out?? I haven't seen the latest Forex / bucketshop numbers, but I suspect they must be way way down....

Way down, yes perhaps.

But also maybe they make much more than 10% off their customers capital investments. I'll leave it to you to figure out how...

Mike

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  #4 (permalink)
Live Your Bliss
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Big Mike View Post
Way down, yes perhaps.

But also maybe they make much more than 10% off their customers capital investments. I'll leave it to you to figure out how...

Mike

I thought that maybe they had me pegged as a habitual whale, and therefore the offer, but I cashed out with profits many, many times, so I don't think that's the case.

Not sure if they made the offer to all customers. In any case, easy and risk-free $250.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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  #5 (permalink)
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Big Mike View Post
Way down, yes perhaps.

But also maybe they make much more than 10% off their customers capital investments. I'll leave it to you to figure out how...

Mike

"Bonuses" are not new to the FX world, but it comes with a set of strict conditions and typically its capital to trade with under certain rules. It's not a gift.

Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #6 (permalink)
Live Your Bliss
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mattz View Post
"Bonuses" are not new to the FX world, but it comes with a set of strict conditions and typically its capital to trade with under certain rules. It's not a gift.

Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

It would be greatly appreciated if you would take pushing your own agenda to another thread.

The only condition is making a single trade of any size, hardly a 'strict condition'. And my decade of experience with OANDA tells me that they stand behind their words.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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  #7 (permalink)
Market Wizard
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Anagami View Post
It would be greatly appreciated if you would take pushing your own agenda to another thread.

The only condition is making a single trade of any size, hardly a 'strict condition'. And my decade of experience with OANDA tells me that they stand behind their words.

I am sorry you feel this way. I heard good things of Oanda and my reflection of the "bonuses" was not to criticize them as a company, their execution or operation. However, if you read the entire terms and conditions you would see that first you need to qualify, then do one trade and you are not allowed to take the funds for 30 days. I am sure that statistically speaking, during those 30 days people do trade with these funds, so companies would not offer bonuses unless it resulted in a positive ROI. My post was simply to inform people to do further due diligence for any type of offer. This was my entire "agenda".

Having said all that, I am rather surprised that a customer of Oanada with such strong sentiment towards them would choose a title for a thread that starts with "Oanda Desperate", let alone mention "Forex / bucketshop numbers".

I am sorry you found my comments offensive, and I will not post on this thread further.

Thanks,
Matt Z
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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