Company Name: OANDA Europe Limited
Address and Contact Details: 2nd Floor, 48-54 Moorgate
Phone: 0845 686 1950
Introducing the new OANDA fxTrade Mobile App
International Business Times, FX Traders’ Choice Awards 2010
World Finance, Forex Awards 2009, “Best Trading Platform”
Treasury Today, Adam Smith Awards 2009, “The One to Watch”
Euromoney, 2008 Award for Excellence, Best Global Foreign Exchange House (finalist)
OANDA was established in 1996 by Dr. Michael Stumm and and Dr. Richard Olsen. The company provides an excellent spirited exchange rate, large technology, and an excellent service.
The Financial Services Authority (FSA) serves as the regulatory authority of the company. The company facilitates trading in Sydney, Toronto, and London. Traders can also trade in world indices, bonds, commodities and foreign currencies. Over the past few years, the company has won many prizes for its outstanding achievement. The company believes in using the technology and the Internet to globalize the marketplace. ONADA boasts to conduct over 20% of the world’s online spot forex transactions through its platform.
In 1995, OANDA became the first company to offer a broad range of currency exchange-rate information on the web for free. In 1997 OANDA started offering B2B application services over internet. Today, ONADA offers services to over 75,000 ASP clients across the globe.
In 2001, the company launched fxTrade, a fully automated currency trading platform on the web. In 2008, OANDA started its fully automated funds transfer facility through internet called fxGlobalTransfer.
Brokering Features and Fees
Minimum stock commission: 1% commission for United Kingdom share CFDs, with a minimum charge of only $7.50
Minimum funds to open account: The minimum fund to open account is 2000 EURO. The minimum deposit essential to open a minimum account with Forex is US$500. The minimum business size for a minimum account is US$10,000, and with a minimum border deposit of $500.
The FX Trade offers up to date FX trading platform such as web-based trading Java applet or Chart pattern displays. FX trade also provides long or short positions to capture market movements. Forex market has packed with institutional-quality trading technology to facilitate CFD trading.
FX Trade offers platform tools like currency converter, mobile tools, and Historical rate tools. These platform tools are free to use.
ONANDA FX Trade offers free access to multiple sub-accounts so that customers can perform money transfer between various currencies. The customer can access the Forex display tools including exchange rate ticker.
One can trade on numerous platforms through a mobile device or any internet browser interface. They also provide API trading.
The customer can pursue trading without worrying about the increasing prices. They can perform any trade without any change in pricing. The customer can conveniently access their Forex trading and CFD from any PC.
Foreign exchange rated can vary in response to real time political and economical events. It provides a great chance for traders to make profits in the Forex market.
The FX trade Charts provide with pointers featuring such as RSI, MACD, and Stochastic.
FX trade provides mobile trading with iPhone, Blackberry curve, Nokia N97 and etc. The FX trade offers a cell phone trading application that enables customers to trade all the currencies and commodities at any time across the world.
They provide CFC trading and foreign exchange without any risk, and also include Index, Forex, commodity markets, reliable trade executions and tight spreads.
FX trade provides secure and reliable method to send cash overseas for business or family. Companies and individuals can use the FX International Transfer to send and exchange cash in foreign bank accounts for any purpose. It provides low exchange rates without flat fee. There are no account maintenance fees and sign up fees and no commissions.
Deposits and Withdrawals
The customer can deposit their money in any of seven currencies such as US dollars, Euros, Japanese Yen, British Pounds, Singapore Dollars, Swiss Francs, Hong Kong Dollar, Canadian Dollars or Australian Dollars. The customer can exchange cash to various currencies and transfer to any bank account across the globe.
The money transfer methods are via telephone and online. Withdraw money using BACS and electronic Bank transfer.
FX trade provides secure and easy way to perform quick online withdrawals. It provides withdrawal in multiple currencies and through a number of withdrawal methods such as PayPal, credit/debit cards, and online money transfer etc.