About OANDA®
OANDA uses innovative computer and financial technology to
provide Internet-based forex trading and currency information services
to everyone, from individuals to large corporations, from portfolio
managers to financial institutions. OANDA is a market maker and a
trusted source for currency data. It has access to one of the world's
largest historical, high frequency, filtered currency databases.
Provides Forex Trading, exchange rates, money transfers, currency hedging and live rates
fxTrade—A fair, transparent, low-cost and flexible forex trading platform for traders, investment managers, financial institutions, and corporations. With a free unlimited-use practice platform, APIs for automated trading, and fxTrade Client Manager, a trading interface for multi-client trade execution and reporting.
fxGlobalTransfer—A convenient, secure and completely online foreign currency transfer service. Clients can take advantage of the same exchange rates that professional traders receive on major currencies.
fxConsulting for Corporations—A professional consulting service to help companies create cost certainty and revenue certainty by managing their exposure to foreign currencies. fxConsulting develops tailored, practical currency hedging solutions utilizing OANDA’s Best Forex Practices framework for large and small companies.
Forex Blog—RSS feeds and daily market reports from our resident currency analysts.
OANDA Middle East Corporation Ltd. (Dubai)
OANDA (Canada) Corporation ULC (Canada)
OANDA Europe Limited (United Kingdom)
OANDA Japan Inc. (Japan)
Provides Forex Trading, exchange rates, money transfers, currency hedging and live rates
OANDA Services
OANDA.com—Currency information, tools, and resources for investors, businesses, and travelers.fxTrade—A fair, transparent, low-cost and flexible forex trading platform for traders, investment managers, financial institutions, and corporations. With a free unlimited-use practice platform, APIs for automated trading, and fxTrade Client Manager, a trading interface for multi-client trade execution and reporting.
fxGlobalTransfer—A convenient, secure and completely online foreign currency transfer service. Clients can take advantage of the same exchange rates that professional traders receive on major currencies.
fxConsulting for Corporations—A professional consulting service to help companies create cost certainty and revenue certainty by managing their exposure to foreign currencies. fxConsulting develops tailored, practical currency hedging solutions utilizing OANDA’s Best Forex Practices framework for large and small companies.
Forex Blog—RSS feeds and daily market reports from our resident currency analysts.
OANDA Subsidiaries
OANDA Asia Pacific Pte. Ltd. (Singapore)OANDA Middle East Corporation Ltd. (Dubai)
OANDA (Canada) Corporation ULC (Canada)
OANDA Europe Limited (United Kingdom)
OANDA Japan Inc. (Japan)
A Brief History
OANDA was founded on the belief that technology and the
Internet would globalize the marketplace, creating an unprecedented need
for currency-related products and services. Today, the global forex
market trades over $3 trillion/day (30 times larger than NASDAQ and NYSE
combined), with online retail trading a rapidly growing part of that
market. We estimate that over 20% of the world's online spot forex
transactions take place on OANDA's servers.
Possessing one of the world's largest and most accurate databases of currency rates, OANDA was the first in 1995 to offer a broad range of currency exchange-rate information free of charge over the Web. Today, it handles more than a million queries a day. In 1997 OANDA became an Internet-based business-to-business application service provider (ASP) and currently services over 75,000 ASP clients around the world.
With its launch of fxTrade in 2001, OANDA was one of the first companies to offer fully automated online currency trading. The OANDA fxTrade system provides retail and institutional clients a state-of-the-art platform that enables competitive, real-time access to the foreign exchange market.
In 2008 OANDA used the same rationale to launch a fully automated, online funds transfer service, fxGlobalTransfer. With its 24/7 availability, low, variable spreads, price transparency, and security, this OANDA innovation was designed to offer clients a low-cost, convenient, and secure method of sending funds globally at any time from any computer connected to the Internet.
OANDA was co-founded by Dr. Michael Stumm, a professor of Computer Engineering at the University of Toronto, and Dr. Richard Olsen of The Olsen Ltd., a leading econometric research and development firm. The company was incorporated in the state of Delaware in 1996.
Possessing one of the world's largest and most accurate databases of currency rates, OANDA was the first in 1995 to offer a broad range of currency exchange-rate information free of charge over the Web. Today, it handles more than a million queries a day. In 1997 OANDA became an Internet-based business-to-business application service provider (ASP) and currently services over 75,000 ASP clients around the world.
With its launch of fxTrade in 2001, OANDA was one of the first companies to offer fully automated online currency trading. The OANDA fxTrade system provides retail and institutional clients a state-of-the-art platform that enables competitive, real-time access to the foreign exchange market.
In 2008 OANDA used the same rationale to launch a fully automated, online funds transfer service, fxGlobalTransfer. With its 24/7 availability, low, variable spreads, price transparency, and security, this OANDA innovation was designed to offer clients a low-cost, convenient, and secure method of sending funds globally at any time from any computer connected to the Internet.
OANDA was co-founded by Dr. Michael Stumm, a professor of Computer Engineering at the University of Toronto, and Dr. Richard Olsen of The Olsen Ltd., a leading econometric research and development firm. The company was incorporated in the state of Delaware in 1996.