OANDA, a global provider of innovative foreign exchange trading services, has partnered with FinGraphs to provide currency traders who use technical analysis in their trading strategies an automated application that provides real-time analysis of multiple financial instruments including forex and precious metals.
The FinGraphs for OANDA (fg4o.com) technical analysis application spans investment horizons ranging from several years to intraday or intra-hours. The web-based application provides automated price trend identification viewable in three time frequencies (“Markets in 3D”: short-, medium-, and long-term) with a focus on defining investment horizons, identifying possible trends, price targets, and potential market stress.
Designed specifically for OANDA’s retail forex traders, FinGraphs for OANDA is available to all fxTrade clients worldwide for a free seven-day trial. Thereafter, OANDA’s clients will be offered the service on a monthly subscription basis. Moreover, OANDA’s clients can trade directly from the FinGraphs analysis screen without navigating away from the page by using the innovative fxTradeNOW bookmarklet.
“Trading forex is difficult and there are many risks. An automated technical analysis solution such as FinGraphs for OANDA assists investors by providing them with an important tool that will help them identify emerging trends,” said George Nassar, Product Management, OANDA Corporation. “This solution offers OANDA’s trading clients an integrated, scalable, and adaptable way to stay atop the volatile forex market.”
The FinGraphs for OANDA solution is part of OANDA’s burgeoning industry partnership program.
“We are proud and excited to partner with an award-winning forex broker like OANDA and to see our FinGraphs application offered to OANDA’s clients,” said Jean-François Owczarczak, Director of Management Joint Trust SA, the Switzerland-based firm that launched FinGraphs. “The FinGraphs for OANDA solution deploys an automated methodology that will provide investors with a unique decision-making tool.”
OANDA Corporation (oanda.com) has transformed the business of foreign exchange through an innovative approach to forex trading. The company’s leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. The company’s many awards attest to the power and flexibility of its trading platform. In 2012, OANDA was named “Best Forex Provider” by the Financial Times and by Investors Chronicle; “Best FX Broker” by Forex Magnates; and was recognized by Investment Trends Singapore as providing “Best Value for Money” and “Highest Overall Client Satisfaction”.
OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Rate® data are the benchmark rates for corporations, auditing firms, and global banks.
OANDA has five offices worldwide, in Chicago, London, Singapore, Tokyo, and Toronto. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), and the Japanese Financial Services Agency (FSA).