OANDA introduces spreads from 0.5 on key indices

New York, 13 February 2018

A global leader in online multi-asset trading services, OANDA has introduced a new pricing model for several key indices that enables clients to access spreads as low as 0.5 when they trade the Australia 200, UK 100, Germany 30, US NAS 100 and the US Wall St 30. Designed to reduce the cost of trading indices, the new tighter spreads are available to any client trading on the OANDA V20 platform during local market hours. Clients who are currently trading on OANDA’s legacy platform should open a V20 sub account in order to access the tighter spreads:


Australia 200
Spread as low as 0.8 during local market hours
Monday to Friday
17:10 - 7:00, 9:50 - 16:30 daylight savings time
17:10 - 8:00, 9:50 -16:30 rest of the year


Germany 30
Spread as low as 0.9 during local market hours
Monday to Friday
08:00 - 22:00


US Wall St 30
Spreads as low as 1.6 during local market hours
Sunday to Friday
18:00 - 17:00
Note: trading halted from 16:15 - 16:30


UK 100
Spread as low as 0.8 during local market hours
Monday to Friday
01:00 - 21:00


US NAS 100
Spread as low as 0.5 during local market hours
Sunday to Friday
18:00 - 17:00
Note: trading halted from 16:15 - 16:30


“At OANDA, we take pride in helping our clients become successful self-directed traders, whether through enhancements to our institutional-grade trading platform, cutting-edge trading tools, advanced charting solutions or award-winning educational material. Over the course of our 23-year history, we’ve worked hard to meet the needs of our clients, who have increasingly expressed an interest in tighter spreads on indices. As a result, we’ve moved to offer tighter spreads during cash hours, which will enable clients to reduce the cost of trading on our V20 platform while continuing to benefit from our fully-automated execution and transparent pricing,” said Vatsa Narasimha, President and Chief Executive Officer, OANDA Global Corporation.
 

Media Contact:
UK, Europe
Emilie Rowe
Aspectus PR
emilie.rowe@aspectuspr.com
+44 7706 429058

Asia and Australia
Melinda Earsdon
OANDA
mearsdon@oanda.com
+65 9109 4944

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