OANDA’s Commitment to U.S. Market Rewarded by Retail FX Traders
Global forex broker awarded with Highest Overall Client Satisfaction and Best Value for Money by U.S.-based investors
NEW YORK CITY – July 30, 2014
OANDA, a global provider of innovative forex trading services, is pleased to announce it has been awarded the coveted “Highest Overall Client Satisfaction” and “Best Value for Money” by U.S.-based retail forex traders in Investment Trends’ 2014 USA FX Report. OANDA is also honored to be rated as the top forex broker in the executing trades at rate quoted category in the survey of 12,291 American investors.
“OANDA’s focus from day one was to democratize forex trading. To be recognized with the Highest Overall Client Satisfaction award by U.S. FX traders is especially meaningful for us, as it validates our transparent business practices, and our guiding principle to do the right thing for our clients,” said Natasha Lala, Chief of Staff, OANDA Corporation. “As a technology-driven company, OANDA remains laser-focused on delighting our clients with the fxTrade platform’s speed, reliability, usability, and a low total cost to trade.”
Boasting near millisecond trade execution, competitive spreads and a business practice of no rejections or re-quotes, OANDA is equally proud to win the “Best Value for Money” award, and to be recognized as the No. 1 broker in the executing trades at rate quoted category.
“Our company is fully committed to the U.S. retail FX market and our teams work tirelessly to ensure we provide investors a fair marketplace with the best platforms, products, and services in the industry,” said Ed Eger, President and CEO, OANDA Corporation. “I’m also pleased to note that in the second quarter our clients enjoyed the highest profitability in the market. These industry accolades are testament to the fact that OANDA provides its clients with the technology, tools, and educational resources they need to trade wisely as they strive to reach their investment 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 2013, OANDA was honored with nearly a dozen awards, including Best Trade Execution Provider, Best Retail Trading Platform and Best Mobile Trading Platform by International Finance Magazine; as well as Best Value for Money by Investment Trends in each the U.S., U.K., and Asia-Pacific markets.
OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Exchange Rates® data provides benchmark rates for corporations, auditing firms, and global banks.
OANDA has eight offices worldwide, in Toronto, Chicago, New York, Boston, London, Singapore, Tokyo, and Sydney. 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), the Japanese Financial Services Agency (FSA), and the Australian Securities and Investments Commission (ASIC).