Why Corporations Use OANDA FXTrade

CFOs, treasurers and risk managers don't speculate. They manage risk. Because it's a multi-currency world. Because payment flows in and out with far-flung customers, partners, distributors, suppliers, vendors and subsidiaries create real risk.

CFOs, treasurers and risk managers have a choice: pay up to manage forex risk, or pay much less for the same protection.

Corporations use FXTrade because it eliminates currency exposure at the lowest possible cost. But there's more:

1. Tailor your position to what you need: At FXTrade you hedge the exact amount you require. No rounding up or down. The exact amount (i.e., if it's $1,236,883 then it's not $1M or $1.5M). Other solutions and other brokers, market makers and banks will force you to round.
2. Simplify your life and save time: You can hedge any time—24 hours a day, 365 days a year. No need to worry about other countries' holidays. With the click of a button, you're hedged. And with FXTrade's immediate settlement, what you see is what you have. You always know your precise position, and you can modify it at any time.
3. Stop spending more than you have to: Hedging currency exposure using spot FX typically costs less than buying futures or optionsbespecially when you use it in tandem with FXTrade's position flexibility. Your total cost is the amount of the spread: no commissions, no mysterious charges, no ongoing fees. And FXTrade's spreads are among the tightest in the industry.

You have lots of them. Your bank or broker will, of course, be happy to make forex risk go away. But read the fine print. After they have explained the intricacies of forwards, futures and options, ask how much it will cost. And after all that, how much exposure do you still have?

Meanwhile, your business isn't standing still. How much time can you afford to spend speculating on forex while your payables are wandering up and down the rate charts?

It takes more than a little work to find out what your current hedging strategy is really costing you. Commissions and charges will be spelled out and may seem reasonable. But what about hidden costs such as spreads on conversions and lost interest? Most transaction providers will claim that their rates are competitive, but don't be fooled.

Understand your options,
and before you commit to one solution,
make sure you understand
your total cost.

• Hedge exact amounts

  At FXTrade you can hedge any amount from $1.00 to $10 million.

• Hedge anytime

  Place your order 24 hours a day, 365 days a year—never mind when other countries have holidays.

• Hedge from anywhere

  The FXTrade interface runs on any Internet-connected browser, with no software to install or maintain. And it's easy to use.

• Set up multi-currency accounts

  Keep your funds in the currency of your choice, or have multiple accounts in different currencies; whichever you choose, you'll have ready access to your funds and enjoy the same tight FXTrade spreads.

• Know your position and history

  FXTrade's position and trade blotter is easy to understand, and it updates in real time.

• Get immediate settlement

  What you see is what you have.

• Keep your record secure

  FXTrade provides an auditor's read-only user interface.

• Automate your transactions

  Sophisticated businesses automate hedging with FXTrade's API.