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OANDA pricing changes #478561
11/09/19 11:01
11/09/19 11:01
Joined: Jul 2019
Posts: 22
Köln
S
StefanCGN Offline OP
Newbie
StefanCGN  Offline OP
Newbie
S

Joined: Jul 2019
Posts: 22
Köln
Hi all, I got the following email about upcoming changes in the pricing of OANDA:

"On 9th December 2019 we will be changing our financing costs on our Indices, Forex and Metals (excluding copper) CFDs. Our current second-by-second cost structure will be replaced with a new daily cost structure. Under this structure, you will only be charged, or credited, if you hold a position at the close of trading each day, 5pm New York time, rather than the current structure whereby you could incur charges on intraday trades."

As a newbie I want to have your opinion. Will this have drastical impact on my implemented strategies? Or is this something, that changes only a little? I want to get a feeling if I have to act...

Re: OANDA pricing changes [Re: StefanCGN] #478570
11/10/19 10:46
11/10/19 10:46
Joined: Apr 2008
Posts: 256
Austria
Petra Offline
Member
Petra  Offline
Member

Joined: Apr 2008
Posts: 256
Austria
I got the same email. But most forex brokers charge overnight, FXCM for example, so if the fee does not rise by this I think its ok.

Re: OANDA pricing changes [Re: Petra] #478571
11/10/19 10:55
11/10/19 10:55
Joined: Jul 2019
Posts: 22
Köln
S
StefanCGN Offline OP
Newbie
StefanCGN  Offline OP
Newbie
S

Joined: Jul 2019
Posts: 22
Köln
Thanks, but does it mean that I need to switch to what is called "rollover" in the asset list?

Re: OANDA pricing changes [Re: StefanCGN] #478576
11/11/19 02:25
11/11/19 02:25
Joined: Feb 2017
Posts: 816
Chicago
AndrewAMD Online
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AndrewAMD  Online
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Joined: Feb 2017
Posts: 816
Chicago
You speak as if we know whether or not your asset list was correct in the first place.

The manual is your friend:
https://manual.zorro-project.com/account.htm


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