OANDA Opens Global Online Marketplace for Retail FX Investors
Featuring products developed by the broker and its partners, the OANDA Marketplace provides fxTrade clients with vetted tools and services
NEW YORK CITY – April 17, 2014
OANDA, a global provider of innovative foreign exchange trading services, is pleased to introduce the OANDA Marketplace – an online directory of tools, software, and products for self-directed investors to augment their trading strategies and to grow their knowledge of FX trading.
Featuring products developed by OANDA’s engineers as well as the company’s trusted partners; the OANDA Marketplace features risk management tools, charting and technical analysis resources, mobile apps, MetaTrader 4 plugins, copy-trading Trade Leaders, browser extensions, FX trading books, and educational videos.
“For new and experienced traders, it can be cumbersome wading through all the technologies available to clearly understand what tools may truly add value to their trading strategies. The OANDA Marketplace will help our clients quickly find the tools they need from a trusted source,” said Trevor Young, Vice President, Product Management, OANDA. “The online store concept ecosystem that you see happening across all industries worldwide has proven to be successful. As we continue to expand our partner program, we believe our focused approach to providing our clients with a dedicated online store containing the tools and services needed to improve their trading strategies will prove equally successful.”
All of the products listed in the OANDA Marketplace are vetted to ensure they meet OANDA’s standards of excellence. While anyone can browse the Marketplace, some tools and services are specifically designed to work on OANDA’s award-winning fxTrade platform.
“The OANDA Marketplace is an important distribution channel for partners to showcase their world-class tools and services, like our Cross Connected Virtual Private Server services,” said Gordon McArthur, CEO, BeeksFX. “Building on our partnership with OANDA, the Marketplace gives BeeksFX the visibility and opportunity to offer our robust, fully managed, and low-latency services to OANDA’s clients to help them achieve their trading goals.”
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).