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How To Use The Oanda FXTrade Java Trading Platform

Learn how to use the Java version of the Oanda trading platform. Get tips, tricks and other useful shortcuts.

Home / Trading Software Tutorials / How To Use The Oanda FXTrade Java Trading Platform

By Hugh Kimura

As you probably know, I really like Oanda and they are the only broker I use at this point.  The best things about Oanda is that they have excellent execution, good spreads and they are a solid company.

The downside is that sometimes their tech takes a little while to catch up to the rest of the industry.  A recent example is their iPad app.  My app kept on crashing and was totally unusable until only a couple of months ago.

How to use the Oanda Java platform
Getting started with FXTrade

It also took them awhile to get on the Metatrader bandwagon and for awhile, the only option was their FXTrade platform that runs on Java.  Metatrader is great for charting and indicators, but there are still some reasons to use the FXTrade platform:

  • Faster execution – If you are a day trader or scalper
  • Super customizeable lot size – You can still trade down to 1 currency unit on the FXTrade platform
  • Available on all computers with Java – You don't have to worry about having Windows to trade.  You could set it up on a Ubuntu (free operating system) computer and would be good to go.

But the FXTrade platform can be a little confusing when you are first starting out.  It seems like they pick the worst settings and ugliest colors as the default.

So let's learn how to fix that and make the platform a joy to use, instead of a chore.  Yes, it can be fun…

SEE ALSO: The Trading Books That Changed My Life

In this video, I go through all of the settings in the platform and how you can make it look and behave the way you want.  I wish that I had something like this when I was first starting out.

 

SEE ALSO: Learn the RSI Divergence trading strategy that works

Is there anything that you would add to this tutorial?  What do you think about the FXTrade platform?  Leave a comment below and let us know.

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Category: Trading Software Tutorials

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I help traders develop their trading psychology and trading strategies. Learn more about me here.

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First posted: February 21, 2013
Last updated: May 16, 2020

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CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

 

 

 

 

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