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OANDA Revolutionizes Mobile Trading with fxTrade Mobile 4.0
|By Business Wire
|July 23, 2014 06:01 AM EDT
OANDA, a global provider of innovative forex
trading services, is pleased to announce the first phase of its
Mobile trading application. Beginning with new, industry-first
features to its proprietary application for the Apple iPad, OANDA is
moving away from a “one-size-fits-all” approach to mobile trading.
Available now for free download in the App
Store, OANDA’s fxTrade Mobile 4.0 for iPad features unlimited
charts, the ability for individual traders to arrange charts however
they wish, and the ability to view charts in full-screen mode.
“We're redefining the way investors are trading on mobile, moving toward
customization based on each trader's experience and trading strategies.
We started with the iPad, as it’s the tablet with the highest market
penetration and the most screen real estate,” said Reuben Piryatinsky,
Mobile Product Manager, OANDA Corporation. “We're confident this new
approach to trading will help us maintain our industry-leading position
in the mobile space.”
OANDA’s mobile team will continue to release more customizable features,
specific to individual trading styles, in the coming months. New
elements in fxTrade Mobile will add to its existing advanced charting
functionality with multiple chart types and more than 40 technical
analysis indicators, overlays, and drawing capabilities, streaming news
feeds, and push notifications for limit orders, stop-loss and
take-profit actions, margin notifications, and price alerts.
“We were the first broker to release a tablet trading app and so much
has changed in four years. At the time, our goal was to match the
desktop feature set but we’ve already eclipsed that and have more rich
features available for mobile," said Trevor Young, Vice President of
Product Management, OANDA Corporation. “We are also seeing increased
volumes coming through mobile: in 2010, it accounted for two or three
percent of total volume and today it is closer to 20 percent.”
Today, more than 50 percent of OANDA’s clients log-in to their accounts
via fxTrade Mobile. Like OANDA’s MetaTrader 4 mobile applications for iPhone
smartphones and tablets, and OANDA’s Currency Converter for iPhone,
touch, and Android
devices, fxTrade Mobile is available to download for free.
For more information, please visit www.oanda.com.
You can follow OANDA on Twitter,
OANDA Corporation transformed the business of foreign exchange through
an innovative approach to FX
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. The company’s many awards attest to
the power and flexibility of its trading platform. In 2013, OANDA was
honored with nearly a dozen awards, including Best Trade Execution
Provider, Best Retail Trading Platform, and Best Mobile Trading Platform
by International Finance Magazine; as well as Best Value for Money by
Investment Trends in each the U.S., U.K., and Asia-Pacific markets.
OANDA was the first online provider of comprehensive currency
exchange information, and today the company’s OANDA Exchange Rates®
data provides benchmark rates for corporations, auditing firms, and
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).
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