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OANDA named world’s Best Retail FX Platform

Announcement posted by de2 Communications 28 Jul 2016

Sydney – 28 July 2016: OANDA has been named the world’s Best Retail FX Platform at the prestigious e-FX awards by leading industry publication FX Week, beating out a host of competitors and knocking last year’s winner off the top spot. 

A global leader in online multi-asset trading services, OANDA combines cutting-edge trading technology and exceptional execution across a wide range of asset classes, enabling clients to trade global market indices, commodities, treasuries, precious metals and currencies both on their institutional-grade OANDA trading platform and the ever popular MT4.  

Ed Eger, President & CEO of OANDA Corporation, says, “We are truly honoured to receive this distinguished award, especially given the competition was so fierce this year. As a FinTech firm, we continually strive to improve our technologies in order to better serve clients and enhance their trading experience. This year alone we’ve already launched an all-new advanced charting html 5 package, introduced multiple mobile enhancements and begun the global rollout of our new stateof-the-art platform featuring institutional-grade execution speeds. As such, this award represents the very essence of the 20-year transformation OANDA has undertaken.” 

Now in its 13th year, the 2016 e-FX Awards recognise excellence, innovation and superior customer service in foreign exchange, focusing on quality rather than quantity and traded volumes. The winners were decided by a panel of industry experts, each of whom spent time exploring the platform and speaking with clients from every brokerage before ultimately determining the winner.

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NOTES FOR EDITORS 

About OANDA 

OANDA transformed the business of foreign exchange through an innovative approach to forex trading. The company’s industry 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. Over the years, the company has been presented with a host of international awards, which attest to the power and flexibility of its world-class trading platform.

According to the 2015 Australia Foreign Exchange Report conducted by Investment Trends, Australian traders voted OANDA the industry leader for education, value for money, consistency of filling trades at the quoted price, commissions, research tools and ease of platform use.

OANDA was also the first online provider of comprehensive currency exchange information, and today the company is trusted by some of the world’s leading audit firms, taxation authorities and corporates, all of whom turn to OANDA Rates® as the globally recognised standard for accurate exchange rates data. The firm counts global brands including Deloitte, KPMG, PWC, Twitter, Tesla, Expedia and Airbnb among its clients. 

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). For more information, please visit oanda.com or follow us on Twitter, Facebook or YouTube.

About FX WEEK Published since 1990, FX Week is the industry's exclusive newsletter for foreign exchange and money market professionals working within commercial banks, investment banks, central banks, brokerages, institutional investors, multinational corporations and vendor companies serving the banks and financial institutions. The FX Week editorial team operates out of London, the heart of the foreign exchange market, with support from editorial offices in New York and Hong Kong. FX Week provides daily news updates and 50 print issues a year, including quarterly supplements covering CLS, emerging markets, e-FX, currency derivatives, white labelling and retail FX. The e-FX Awards is an annual awards platform that acknowledges the leaders in the field.