Can I transfer my account to another broker?
Mar 26, 2014 at 12:03
824 Views
6 Replies
Biedrs kopš
167 ieraksti
Mar 26, 2014 at 12:03
I have an account with THINKFOREX. I want to transfer it to OANDA. Is there a way to do a broker to broker transfer? Or do I need to withdraw the cash and then deposit it to OANDA?
Biedrs kopš
4862 ieraksti
Mar 26, 2014 at 13:45
Hi,
yes you can. Usually you have to fill in form that is provided by your new broker, verify your identity and wait for money transfer.
As far as I know ThinkForex is good reputable broker who won't do any difficulties.
On the other hand why go to Oanda with their lack of MT4 and leverage?
yes you can. Usually you have to fill in form that is provided by your new broker, verify your identity and wait for money transfer.
As far as I know ThinkForex is good reputable broker who won't do any difficulties.
On the other hand why go to Oanda with their lack of MT4 and leverage?
Biedrs kopš
69 ieraksti
Mar 26, 2014 at 18:01
Oanda does have an MT4 offering, but MT4 is falling apart. With every new update more bloat is added and more code is broken.
The market will go up, failing which, it will go down.
Biedrs kopš
4862 ieraksti
Mar 26, 2014 at 22:10
wlk1 posted:
Oanda does have an MT4 offering, but MT4 is falling apart. With every new update more bloat is added and more code is broken.
Oh common you can still trade via old mt4
What about the leverage?
Biedrs kopš
167 ieraksti
Mar 27, 2014 at 07:05
I was thinking of doing it but I changed my mind now, I did not realize OANDA has low leverage. thanks!
Biedrs kopš
69 ieraksti
Mar 27, 2014 at 07:51
@togr : the unannounced update broke most of my scripts and indicators. Now I'm not sure if the numbers being reported are correct :( I can still trade, just that everything has to be confirmed manually.
@raviluke : By low leverage, I suppose you mean 50:1.
@raviluke : By low leverage, I suppose you mean 50:1.
The market will go up, failing which, it will go down.
Biedrs kopš
4862 ieraksti
Mar 27, 2014 at 08:16
Well as I said you can still trade with old MT4 build 509.
Just renew the MT4 from you backup:)
Low lvrg is 1:50 yes.
Just renew the MT4 from you backup:)
Low lvrg is 1:50 yes.
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