Global forex broker OANDA officially joined the Australian CFD forum that calls for regulatory standards to protect investors and retail traders. OANDA opened its offices in Australia earlier this year. For more on joining the forum, here is the official press release: SYDNEY – September 25, 2014 – OANDA, a global provider of innovative foreign exchange (forex) and contract for difference (CFD) trading services, has officially joined the Australian CFD Forum, an industry body that is committed to enhancing the efficient operation, transparency, and overall investor understanding and confidence in the Australian CFD and forex markets. By joining the CFD Forum, OANDA adds its support and influence to campaign for stronger government-mandated regulations to ensure the proper segregation of client funds industry-wide. Currently, Australia and Cyprus are the only countries that allow CFD providers to use client funds for operational needs. “We take regulations seriously and we are a strong advocate of high regulatory standards,” said Louis Cooper, Managing Director, OANDA Australia. “As a company with a global presence and operations, we adhere to the strictest regulatory frameworks in all countries and jurisdictions where we operate, and we want to see the same global standards implemented here in Australia to protect retail investors.” Since its inception, OANDA’s business model has ensured its clients’ funds are completely segregated from its own operating funds. Moreover, the broker has an impeccable compliance record with the regulatory authorities in all of the global regions it serves. “While Forum members do ensure the full segregation of client moneys, the existing Australian regulation leaves some loopholes when it comes to the use of those funds for other purposes,” said Cooper. “I know this issue has been extensively examined by regulators and the government, and we hope that there is legislative action in the near future to safeguard investors. We must ensure Australia’s CFD and forex markets and trading activities are underpinned by a strong regulatory base and the highest level of retail trader protection.” OANDA’s CFD Forum membership Is effective immediately. “I am pleased to welcome Louis Cooper and look forward to his thoughtful contributions,” said Tamas Szabo, Chairman of the Australian CFD Forum. “We welcome OANDA to the Forum, and are currently in discussions with additional brokers. Together, we are working to transform trader’s rights in Australia.” 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. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next EUR/JPY: Extends Corrective Pullbacks FX Tech Strategy 8 years Global forex broker OANDA officially joined the Australian CFD forum that calls for regulatory standards to protect investors and retail traders. OANDA opened its offices in Australia earlier this year. For more on joining the forum, here is the official press release: SYDNEY - September 25, 2014 - OANDA, a global provider of innovative foreign exchange (forex) and contract for difference (CFD) trading services, has officially joined the Australian CFD Forum, an industry body that is committed to enhancing the efficient operation, transparency, and overall investor understanding and confidence in the Australian CFD and forex markets. By joining the CFD… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.