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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.

Your source for the latest news from OANDA. Get access to our official announcements, blog posts, news updates, media assets and more.

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OANDA has announced the impending shutdown of its Tokyo-based MT4 server

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 ... 

(MT5) and OANDA’s proprietary platforms will continue.

Thursday 26 September, 2024

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Oanda updated Order Book indicator on MetaTrader platform

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 ... 

participants' positions. This helps identify potential support and resistance areas or key price levels. The update includes an improved user interface and the ability to track historical changes in the order book, giving traders a clearer picture of evolving market conditions. This feature can be used alongside other MetaTrader tools to create more comprehensive trading strategies. The upgrade is particularly beneficial for retail traders by offering deeper market transparency.

Saturday 14 September, 2024

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OANDA Japan has announced an increase in marginal rates on certain FX pairs

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 ... 

(NZD), and Mexican peso (MXN). These adjustments aim to protect clients from potential losses due to market instability, particularly as the yen faces volatility amid Japan's monetary policy challenges. OANDA advises traders to reduce their positions or ensure sufficient account funds ahead of the changes, as orders may hit stop-loss thresholds due to the new margin rates. The higher rates will require traders to deposit more funds to maintain positions, reducing leverage but also mitigating risks during market swings.

Tuesday 13 August, 2024

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OANDA’s Prop Trading Platform Allows Buying Challenges with Crypto

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 ... 

payment method in response to rising global demand. This move opens new doors for tech-driven consumers who want to leverage the digital economy in prop trading.”

Tuesday 16 July, 2024

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OANDA put up for sale by CVC Capital

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, ... 

according to Sky News. While official updates are pending, the deal's terms and financial details remain undisclosed.

Monday 15 July, 2024

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