OANDA
Founded Year
1996Stage
Acq - Fin | AliveTotal Raised
$117MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-105 points in the past 30 days
About OANDA
OANDA specializes in the online foreign exchange (forex) and cryptocurrency trading sectors. The company offers platforms for trading a variety of currency pairs and cryptocurrencies, as well as tools and resources for building trading strategies. OANDA primarily serves individual traders and institutions with a suite of products including technical analysis tools, mobile trading applications, and educational resources. It was founded in 1996 and is based in New York, New York.
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Expert Collections containing OANDA
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OANDA is included in 4 Expert Collections, including Blockchain.
Blockchain
9,256 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Capital Markets Tech
997 items
Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.
Fintech
9,294 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
OANDA Patents
OANDA has filed 2 patents.
The 3 most popular patent topics include:
- computer security
- computer security exploits
- graphical user interface elements
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
12/4/2006 | 3/5/2013 | Payment service providers, Foreign exchange market, Digital currency exchange, Financial markets, Online payments | Grant |
Application Date | 12/4/2006 |
---|---|
Grant Date | 3/5/2013 |
Title | |
Related Topics | Payment service providers, Foreign exchange market, Digital currency exchange, Financial markets, Online payments |
Status | Grant |
Latest OANDA News
Sep 19, 2024
Share this news: United States - September 19, 2024 — Prop trading firms are increasingly gaining attention among traders who want access to large amounts of capital without risking their own funds. As the demand for these firms rises, it has become essential for traders to evaluate their options carefully. With 2024 approaching, three prominent prop trading firms stand out: OANDA, IC Funded, and Funded Trading Plus (FTP). Prop Trading Firms Explained Prop trading firms, also known as proprietary trading firms, offer traders the opportunity to trade with the firm’s capital rather than their own. To gain access to this capital, traders must pass a two-phase evaluation challenge. These challenges typically involve meeting specific profit targets while adhering to strict loss limits. Traders who succeed can access a funded account and retain a significant share of their profits. However, each firm has its unique approach, with differences in evaluation phases, profit targets, maximum allowable losses, and audition fees. Below is a closer look at three of the top prop trading firms to consider in 2024. OANDA Prop Trader OANDA, a trusted name in the trading industry, now offers a prop trading program featuring two types of challenges: the Classic Challenge and the Boost Challenge. Classic Challenge: Designed for beginner traders, it has lower fees and offers an 80% profit split. Boost Challenge: This option is geared towards experienced traders, with a 90% profit split, though it comes with higher fees. Account sizes range from $10,000 to $500,000. Audition fees start at $169. Profit targets: 8% for Phase 1 and 5% for Phase 2, with a 5% maximum daily loss and a 10% total loss limit. OANDA also refunds the audition fee after the first profit split, making it a cost-effective option for successful traders. IC Funded IC Funded, backed by the well-established IC Markets, offers a structured challenge with seven evaluation levels. Account sizes range from $5,000 to $500,000, and the profit split begins at 75%, increasing to 80% after the first month. Audition fees start from $49, making it a competitive option for traders on a budget. Profit targets: 10% for Phase 1 and 5% for Phase 2. IC Funded also offers a refund of the audition fee after the first profit payout. This firm provides a reliable, cost-effective option for traders, with a wide range of account sizes and a flexible pricing model. Funded Trading Plus (FTP) Funded Trading Plus provides flexible and straightforward approach. FTP imposes fewer rules and restrictions on traders, offering more freedom in achieving profit targets. Importantly, there are no time limits for passing the challenge, allowing traders to progress at their own pace. Account sizes range from $25,000 to $200,000. Audition fees start at $155. Profit targets: 8% for Phase 1 and 5% for Phase 2. FTP provides an 80% profit split from the outset, making it an appealing option for those seeking a more relaxed evaluation process. Choosing the Right Prop Firm Selecting the best prop trading firm will depend on a trader’s specific needs and style. OANDA’s offering is ideal for those seeking the support of a well-known name in the industry. IC Funded stands out with flexible account sizes and low entry fees, while FTP caters to traders who prefer fewer restrictions and no time pressure during evaluations. Each of these firms provides access to substantial capital without risking personal funds. However, it is crucial for traders to fully understand each firm’s challenge rules and requirements before committing. For further information on prop trading firms, visit the recently launched prop-firms.com , where the latest trends, tips, and success stories are shared. Or for further insights and discussions about prop trading firms, traders can also join the conversation on the Reddit thread r/PropTradingFirms , where experiences and tips are shared by the prop trading community. Contact Info:
OANDA Frequently Asked Questions (FAQ)
When was OANDA founded?
OANDA was founded in 1996.
Where is OANDA's headquarters?
OANDA's headquarters is located at 17 State Street, New York.
What is OANDA's latest funding round?
OANDA's latest funding round is Acq - Fin.
How much did OANDA raise?
OANDA raised a total of $117M.
Who are the investors of OANDA?
Investors of OANDA include CVC Capital Partners, Index Ventures, T. Rowe Price, Legg Mason, New Enterprise Associates and 5 more.
Who are OANDA's competitors?
Competitors of OANDA include Saxo Bank, E*TRADE, TD Ameritrade, Pepperstone, AVA Trade and 7 more.
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