Thanks for showing the chart. My explanation does not do justice, but when someone has a visual it removes and doubt that this is just bizarre. And if you look at any other Broker's chart, you will see nothing. So this was exclusively Oanda. But it proves they have the ability to manipulate price as a single Broker and effect only their OANDA clients. I wish I could let the world see what happened, but not sure where to go.

I kept a copy of the transcript. All the rep said was;

""Yes there is a spike that happened on GBP pairs. This has been report to our back end team and they are investigating this matter as we speak.....They will give an update via email as soon as they finished their investigation."

But as I said, nobody had the courtesy to reach out and let the customers know what happened. So I dont yet know what will happen.

I was stopped out of four separate trades, all at 1.89289. Which is weird because although I had orders in place, they were sooooo far away I had not put in stops. Someone decided to close all four out at the 1.89ish price.

The only good news (if this is good news) is I was sitting at the desk watching this spike happen in real time, and jumped back in with two market orders entered at 1.8915. So, I am up about 50 bucks. But will I get to keep it?

What pair? If you're trading something relatively mainstream like pound, euro, yen, I highly recommend futures. They have micro contracts (M6E for EUR/USD for example) with pretty good liquidity for smaller accounts. Spread is 1 pip. The bigger contract (6E for EUR/USD) has 0.5 pip spread. The biggest risk with forex, cryptos, and the rest of the unregulated wild west of the financial world is exactly this type of nonsense. You take on counterparty risk. With futures, there is no counterparty risk. You see an actual order book, actual liquidity, and none of this garbage.

Thank you for the suggestions. I've been thinking about forex futures lately, as the spot forex market is actually made up by various brokers and each can have its own quote to screw people. The forex futures market is a centralized trading place. Is that right?
Do you know if it trades on the same 24/5 basis? Does it have cross pairs like EUR/JPY?

Hope I can give my 2 cents. He is right. I think you will find the Currency Futures are a much better choice. I have begun transitioning from Forex to Futures and I finally made some money. (I have a long way to go) But, I have noticed I do not get stopped out nearly as much as with Forex pairs.

I "get it" that Forex can be like a spouse and you just dont want to leave, but Futures is better in the long run emotionally and financially because Currency futures are centralized. That alone is enough to get a sane person out of Forex.

I am sure some will disagree, but from my experience, the bulk of people making money on Forex pairs, are either selling education or indicators. You cannot trade the pairs, i.e. EUR/JPY, but instead you trade the individual Currency. You can use TradingView simulation to watch your trades play out.

Can someone answer a question on Forex Pairs? Why would a Broker send the price up ONLY on their Brokerage, (and I was stopped out immediately) but no other Brokerage had the same spike of almost 1000 pips? Do I have a complaint to pursue?

I am not looking for trouble. I would just like to know if this was justified or Forex Broker shenanigans.

You'll never find a straight answer and it will vary on who the broker is and how they are set up.

No, they reimbursed me for the issue. If you look at other Brokers same date same time, they had no spike. This made me think manipulation. But I already know Forex is manipulated, bless their hearts. .

Uh Can you list the brokers who didn't have the spike if you don't want to name your broker?

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No, they reimbursed me for the issue. If you look at other Brokers same date same time, they had no spike. This made me think manipulation. But I already know Forex is manipulated, bless their hearts. .

Uh Can you list the brokers who didn't have the spike if you don't want to name your broker?