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ODL Securities

Average Customer Rating: (based on 7 reviews)

(2.3 stars vs. 3.3 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
1 of 1
100%
Intermediate Trader
2 of 4
50%
Expert Trader
0 of 2
0%
All Traders 3 of 7 43%

Recommendations by Usage Length:

A month or less
0 of 2
0%
1 - 3 months
0 of 1
0%
3 - 6 months
2 of 3
67%
6+ months
1 of 1
100%
All Traders 3 of 7 43%

Characteristics:

Pros:
Low spreads, Solid trading platform
Cons:
Spread widens frequently

Description:

Forex Trading Firm

Single Review: (view all 7 reviews)

DennisScott
DennisScott

Intermediate Trader

Worst Broker - Never will use ODL again.

7/8/2009

0 of 0 customers found this helpful (0%)

Pros:
None
Cons:
None
Bottom Line:
No, I would not recommend this to a friend
Quote:
I wont be using ODL securities again.

I am in trading for many years, and i have learnt from lots of books and experienced myself in trading floor.
What i found in ODL is they show fixed spreads, but it doesnt really oftens match the real market pricing, its 2-3 pip up or down.
This is real bad ! It will kick you out from your profitable trades.
They have a very slow customer support, i used to email them, and after 2 days i get a response. I phone them, they keep on hold for few minutes, and than they mention, the manager will call me back or email me.
I have immidiately taken my money out from ODL.
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