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OANDA launches an Online Marketplace for forex traders

OANDA announces the launch of an online marketplace which consists of trading strategies, tools and other products for the online retail forex trader.

OANDA recently adopted an open approach to technology. For more on the marketplace, here is the official press release:

LONDON – April 17, 2014 – OANDA, a global provider of innovative foreign exchange trading services, is pleased to introduce the OANDA Marketplace – an online directory of tools, software, and products for self-directed investors to augment their trading strategies and to grow their knowledge of FX trading.

Featuring products developed by OANDA’s engineers as well as the company’s trusted partners; the OANDA Marketplace features risk management tools, charting and technical analysis resources, mobile apps, MetaTrader 4 plugins, copy-trading Trade Leaders, browser extensions, FX trading books, and educational videos.

“For new and experienced traders, it can be cumbersome wading through all the technologies available to clearly understand what tools may truly add value to their trading strategies. The OANDA Marketplace will help our clients quickly find the tools they need from a trusted source,” said Trevor Young, Vice President, Product Management, OANDA. “The online store concept ecosystem that you see happening across all industries worldwide has proven to be successful. As we continue to expand our partner program, we believe our focused approach to providing our clients with a dedicated online store containing the tools and services needed to improve their trading strategies will prove equally successful.”

All of the products listed in the OANDA Marketplace are vetted to ensure they meet OANDA’s standards of excellence. While anyone can browse the Marketplace, some tools and services are specifically designed to work on OANDA’s award-winning fxTrade platform.

“The OANDA Marketplace is an important distribution channel for partners to showcase their world-class tools and services, like our Cross Connected Virtual Private Server services,” said Gordon McArthur, CEO, BeeksFX. “Building on our partnership with OANDA, the Marketplace gives BeeksFX the visibility and opportunity to offer our robust, fully managed, and low-latency services to OANDA’s clients to help them achieve their trading goals.”

Further reading:  How to trade forex like Jim Rogers

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.