When I saw this couple hours ago I thought I made mistake but I knew something wasn't right. Decided to go through one star rating on trustpilot with "news" as key word and saw they did this to others.

Today they marked Governor Bailey speech as red in their calendar (btw I can't even see this on forex factory at all).

I heard of many shady stuff but this is wild.

Of course I breached the account🙃

Im surprised they have such high ratings. Idk about other accounts but I believe Zero Instant was created to fail you from the very beginning.

Anything other than making 💰

Hey y'all! Veteran trader but new to OANDA (I'm back in Forex after a long absence). I took the position opening option with a set stop and a 3K amount at risk (seems neat -- VT Trader never had anything like that), and OANDA opened the position at 23,879 units (USD). I opened my position at 157.857 with a deep stop at 137.150. Doing the math, if (137.150/157.857)*x = 3000, I would have expected the position to be sized at (157.857/137.150)*3000 = 3452. Instead I see 23,879. Can any help my obviously flawed math skills here? I don't see how this gives me a 23K position size. What's the right way to do the math for this kind of position?

One loss can make a perfectly reasonable rule feel broken. Before changing anything, check whether the trade actually followed your plan. If it did, the loss may just be part of the strategy. If it didn’t, fix the execution instead of rewriting the setup. I find it more useful to review several similar trades together and look for a repeated problem before making a change. Otherwise, you can keep adjusting your rules around every recent result until there’s no consistent strategy left to test. How many trades do you review before deciding a rule needs to change?

five numbers about your own account you should be able to recite before your first live trade. here’s the format, filled in

Written for people starting out. None of this is strategy, it’s all stuff I didn’t know for years and then had to learn expensively.

Every one of these is in your account spec or your contract spec and takes a minute to find. I’m filling in mine as an example of what the answers look like, not as a recommendation, and yours will differ.

1. Your maximum leverage, and why it’s that number

Mine is 30:1 on majors. That’s the regulatory cap for retail clients on ASIC and FCA entities, not a choice my broker made.

Offshore entities often offer 500:1 and that sounds like an upgrade. What it changes isn’t the size of one trade, it’s how many you can hold at once before margin bites, which is where accounts actually die. I’d rather have the cap.

1. Your round trip cost, all in

Mine is about 0.8 pips, raw spread plus commission both legs.

Work out your own from your statement, not from the website. Then do this: divide it by your average stop in pips. That’s your cost in R, and it’s the only form of the number that means anything. At a 15 pip stop, 0.8 pips is 0.053R per trade. At a 90 pip stop it’s 0.009R and you can stop thinking about it.

1. Your stops level

The minimum distance from price at which the server will accept a stop. Mine is zero, so I can place one as tight as I want. If yours is 20 and your strategy wants a 15 pip stop, your strategy doesn’t exist on that account and you’d have spent months not understanding why.

Symbol specification dialog, right click the symbol.

1. Your margin call and stop out levels

Mine are 100% and 50%. These are percentages of margin level, meaning equity divided by used margin, not percentages of your balance. That confused me for a long time. 50% closes you earlier than brokers who run 20%, which I used to read as stingy and now read as being handed less rope.

1. Whether you have negative balance protection

Mine applies, retail client on an ASIC entity. It means my worst case is zero rather than owing money after a gap.

That’s an entity question, not a brand question, and professional classification usually trades it away for higher leverage. All of that is on the ASIC entity at Axi. The useful exercise isn’t comparing to my numbers, it’s being able to produce yours, because the gap between knowing them and not is where most expensive surprises live.

Anything you’d add to the five?

sold gbpusd. days to wait

Well long story short is that I made a bet, the market doesn’t seem to be heading in that direction but the trade hasn’t hit any SL yet. Then rn I’m just waiting until the market goes up again. It’s been a couple of weeks now and wanted to know how long anyone else has held onto a position?