OANDA announced in a press release today that:
It has acquired Boston-based Currensee Global Inc., a leader in forex market copy trading within a proprietary social trading network. Together, the integration of the two leading technology platforms from OANDA and Currensee will provide traders with a unique offering.
Filed under Brokers by 
Waiting for me in my inbox this morning was an email from OANDA informing me that:
The OANDA team is pleased to announce the launch of Contract for Difference (CFD) trading on the OANDA platform.
That was sufficient to persuade me to fire up fxTrade, which duly invited me to add some new symbols to my list. Having done so, this is what my quote window now looks like:
Filed under Brokers by
The OANDA version of MetaTrader 4 has been in beta testing for a while now. It sounds as though that testing is now finished, because today OANDA have announced that it is now possible to use MetaTrader 4 on a live fxTrade account. I can't find an online version of the press release, so here it is in full:
Filed under Brokers by
Yesterday we took our first look at the beta version of OANDA MetaTrader 4, and did a little bit of experimental trading. Today we're going to go behind the scenes and take a look at what OANDA's fxTrade platform makes of those same trades, as well as highlighting some important differences between the two platforms.
Filed under Trading Platforms by
In an announcement on their FXMessage forum forex broker OANDA revealed yesterday that:
You will soon be able to access OANDA’s tight spreads from MT4’s popular graphing, automation, customization, and community-based features.
Here at the Trading Gurus we've been beta testing OANDA's MetaTrader 4 implementation for a while, since amongst other things this announcement opens up the prospect of automated forex trading at OANDA without having to pay their current API fees. Here's our brief overview of what you can look forward to if you're a MetaTrader 4 user wondering if OANDA's "tight spreads" are worth looking at in more detail, or if you're currently an fxTrade user wondering what the recent MetaTrader fuss is all about.
More on OANDA Announce the "Imminent" Arrival of MetaTrader 4
Filed under Trading Platforms by
At long last August 2nd has been and gone, and the dust has settled slightly. We'll cover what still works and what doesn't in a forthcoming post, but for today we're going to concentrate on who said what, and when. We'll do that by working our way down the list of retail forex brokers included in the CFTC report on the financial strength of Futures Commission Merchants. For some reason it seems the better capitalised a broker is the less it has to say about the FIFO fiasco!
Filed under Brokers by
The Commodity Futures Trading Commission recently released its latest report on financial data for Futures Commission Merchants. This contains the numbers as of May 31st 2009, "from reports filed by June 30th 2009". This report is particularly interesting because on May 16th the NFA's minimum net capital requirement for Forex Dealer Members increased from $10,000,000 to $20,000,000. The CFTC helpfully allow you to download monthly data going back to 2002 too. It's interesting to discover which brokers have fallen by the wayside over recent months as successive increases in regulatory capital requirements have weeded out the weaker players.
Filed under Regulation by
