OANDA Boosts Advanced Technical Analysis Features in fxTrade Mobile
In a world that’s increasingly going mobile, forex traders can now draw trend lines, chart patterns, and identify support and resistance levels on currencies and financial instruments while they’re on the go
NEW YORK – August 20, 2013
OANDA, a pioneering global provider of innovative foreign exchange trading services, today announced enhancements to the advanced technical analysis features built-in to the industry-leading fxTrade Mobile applications for iPhone, iPad, and Android smartphones and tablets.
With these new features added to fxTrade Mobile 3.2, OANDA’s clients can now draw trend lines, mark chart patterns, and identify support and resistance levels on currencies and financial instruments anywhere they go, at any time.
“With the release of fxTrade Mobile 3.2 not only is OANDA maintaining its leadership in mobile forex trading capabilities, we’re bringing traders even closer to the full desktop version of our award-winning fxTrade platform on a mobile device,” said Trevor Young, Vice President of Product Management, OANDA. “We know from the feedback we’ve received from OANDA’s clients, and from their mobile trading behavior, that they want a robust platform at their fingertips. They want to be able to do more than merely check on their positions or to take a peek at the latest currency pair spreads. By providing our clients with superior technical analysis functionality, we’re responding to that demand.”
Furthermore, fxTrade Mobile 3.2 provides traders with the ability to draw more advanced things such as Fibonacci Fans, Arcs, and Pivot Points. The latest version of the app also features Japanese language support.
This update builds on recent enhancements to the app released in July that included the addition of several new chart types, indicators, and the Ichimoku overlay designed to help traders identify trends in the market.
OANDA Corporation has transformed the business of foreign exchange through an innovative approach to forex trading. The company’s leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. The company’s many awards attest to the power and flexibility of its trading platform. In 2012, OANDA was named “Best Forex Provider” by the Financial Times and by Investors Chronicle; “Best FX Broker” by Forex Magnates; and was recognized by Investment Trends Singapore as providing “Best Value for Money” and “Highest Overall Client Satisfaction”.
OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Rate® data are the benchmark rates for corporations, auditing firms, and global banks.
OANDA has five offices worldwide, in Chicago, London, Singapore, Tokyo, and Toronto. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), and the Japanese Financial Services Agency (FSA).