FXGame - Currency Trading Practice Platform

We're shaking up the Currency Market for you, the Smart Trader.

As a forex market maker, OANDA's mission is to create an efficient, transparent, and fair forex marketplace so you can make the trades you want, when you want.

• We are committed to having among the tightest spreads of any broker
• We openly publish our order book and client position
• We calculate and pay interest by the second, with no rollover cost

Except for residual amounts, OANDA fully hedges our clients' positions. All the time. So there is no conflict of interest. We benefit most when our clients are profitable and we have nothing to gain when they are unprofitable.

Trade Smarter. Trade with FXTrade.

• Learn More about Currency Trading with OANDA

OANDA's proprietary FXTrade Platform was developed with the benefit of more than 15 years of foreign exchange research and analysis.

• No dealing desk to mess with your trading - our web-based platform is 100% automated from market-making through trade execution
• Receive real-time, executable and transparent pricing
• No minimum trade size - you can trade $1!

FXTrade is a fully automated platform in which OANDA plays 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.

Traders are encouraged to use FXGame as a testing ground for trading strategies. Technically savvy users can automate their trading activity with our FXTrade API.

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 maintains all customer funds strictly separate from operational funds in accounts at highly reputable banks such as JPMorgan Chase, Citibank, UBS, Deutsche Bank and Royal Bank of Canada. Funds are withdrawn from these accounts only as a direct result of customers' trading-related activities or withdrawal requests.

OANDA is required by law to meet specific financial requirements, file financial reports, retain qualified professional accountants to audit its financial records, and to file reports with the NFA and the CFTC. OANDA compiles and submits financial data on a daily, weekly and monthly basis to ensure strict compliance with these requirements. OANDA's net capital exceeds regulatory guidelines many times over.

• Learn More about FXTrade Accounts