OANDA is one of the early pioneers of online forex brokers, established in the mid-1990s. The company is said to be founded by Dr. Michael Stumm and Dr. Richard Olsen. When the online trading platform FXTrade was launched in 2001, it was the first fully automated forex trading platform.
OANDA has announced it will shut down its Tokyo-based MT4 server in November 2024, affecting forex traders in Japan using the MetaTrader 4 platform. Key dates include October 18, 2024, when new orders will no longer be accepted, and December 13, 2024, when the server will be fully decommissioned. OANDA urges clients to transition to other servers or platforms before the shutdown to avoid disruptions. While the MT4 server will close, trading on MetaTrader 5 ... [show/hide]
Thursday 26 September, 2024
Oanda has updated its Order Book Indicator on the MetaTrader 4/5 platforms, providing traders with enhanced insights into market sentiment. The tool now offers a real-time view of pending buy and sell orders, allowing users to see other market ... [show/hide]
Saturday 14 September, 2024
OANDA Japan has announced an increase in margin rates for certain forex pairs, effective August 19, 2024, in response to heightened market volatility. The affected pairs include the Japanese yen (JPY), Canadian dollar (CAD), New Zealand dollar ... [show/hide]
Tuesday 13 August, 2024
OANDA’s proprietary trading platform, OANDA Prop Trader, has introduced cryptocurrency payments for its trading challenges. Traders can now use about two dozen cryptocurrencies, including major ones like Bitcoin, Ethereum, Litecoin, Binance Coin, and stablecoins such as TUSD, USDC, and USDT. Additionally, meme coins like DOGE and SHIB are accepted. Lucian Laureman, Head of Digital Assets and Deputy COO at OANDA, stated, “We're adding crypto as a ... [show/hide]
Tuesday 16 July, 2024
OANDA, a significant player in the forex and CFDs brokerage industry, is reportedly up for sale. The Amsterdam-listed buyout firm CVC Capital Partners, which acquired OANDA in 2018, has hired bankers at Nomura and Santander to market the sale, ... [show/hide]
Monday 15 July, 2024
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