The Wayback Machine - https://web.archive.org/all/20070114141908/http://fxtrade.oanda.com:80/about/about_fxtrade.shtml

Why Trade with OANDA?

OANDA's FXTrade Platform comes from 15+ years of foreign exchange market research and analysis. By incorporating patented market-making and risk management technologies, OANDA is able to offer you the most innovative and revolutionary online FX trading platform in the market today.

The 'Big' List

  • 100% automated - from market-making through trade execution
  • Real-time executable pricing - transparent pricing
  • Instant settlement, deal confirmation
  • Continuous interest payments on a second by second basis
  • Tight spreads (as low as 1.5 pips) on all major currencies offered - regardless of transaction size ( Review recent spreads on FXTrade)
  • Smallest transaction sizes available on the Web - no trade minimum: Trade as little as $1 and receive tight spreads
  • Multi-currency accounts: US dollar or Euro
  • No minimum initial deposit required
  • No monthly fees / No startup costs
  • No commission*OANDA earns only from the spreads
  • No charges for stop or limit orders
  • Free access to proprietary, quantitative research tools
  • Truly Internet-based, no software to download
  • User-friendly, intuitive trading interface
  • All the major's and many exotic currency pairs
  • Margin-trading - up to 2% (or 50:1 levarage)
  • Real-time trade blotter
  • Real-time account management
  • Real-time profit and loss analysis
  • Dynamic exchange rate graphs
  • Free currency news

OANDA's Role

Our proprietary FXTrade Platform is a fully automated trading platform in which we play the role of market-maker. Our platform is not an auctioning system in which a trader must request a price from a pricing source and then make a buy/sell decision based on the quote offered. Nor is it a matching engine where a trade is executed only if both sides of the trade can be filled at the time of the buy/sell request.

Fxtrade View
Click to Enlarge
OANDA is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
OANDA's NFA number is 0325821

* OANDA earns only from the spreads
Get Started

It's a 3 step application to start trading.

FXGame replicates our real trading platform. Use it at no cost for as long as you like and test your trading skills.

Over 178,324,214 FXTrade transactions executed so far!