LONDON, January 20, 2014 /PRNewswire/ --
Respondents to the 2013 U.K. Leveraged Trading Survey rate OANDA as the No. 1 Forex broker for "Value for Money", "Customer Service", and tops for trade execution speed, and commissions in forex trading
OANDA, a global provider of innovative foreign exchange trading services, has been named by U.K.-based forex traders as providing its clients with the best "Value for Money" and "Customer Service", in the 2013 U.K. Leveraged Trading Report compiled annually by multi-national financial services market research firm, Investment Trends. OANDA is also honoured to be voted as the top forex broker in the trade execution speed and commissions categories in a survey of 13,185 investors and traders.
"We are truly grateful that our clients have rated us the top forex brokerage in these four categories. These honours are important to us and they confirm that providing excellent customer service and speed of execution are critical to forex traders' overall satisfaction," said Paul Hayward, Head of Sales, OANDA Europe Limited. "As a technology-driven company, OANDA remains laser-focused on delighting our clients with the fxTrade platform's reliability, usability, and a low total cost to trade."
Looking to 2014, OANDA's industry-leading native mobile application for iPhone, iPad, and Android devices, fxTrade Mobile, continues to be a significant driver of growth for the award-winning company. As highlighted in the Investment Trends report, 70% of traders used a smartphone or tablet for trading in 2013 (up from 58% in 2012), and another 14% intend to start trading via mobile device this year.
"Investment Trends research shows that mobile trading will increasingly become the norm," said Hayward. "At a minimum, forex brokers need to replicate the desktop experience on their mobile platforms. OANDA has shown consistently strong efforts to go beyond that requirement with fxTrade Mobile by offering advanced technical analysis features, push notifications for news and price alerts, multi-language support, and the ability for traders to identify support and resistance levels on currencies and financial instruments on a smartphone or tablet."
OANDA Corporation transformed the business of foreign exchange through an innovative approach to forex trading. The company's industry 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 2013, OANDA was honoured with nearly a dozen awards, including Best Trade Execution Provider, Best Retail Trading Platform and Best Mobile Trading Platform by International Finance Magazine; as well as Best Value for Money by Investment Trends in each the U.S., UK, Singapore and Australian markets.
OANDA was the first online provider of comprehensive currency exchange information, and today the company's OANDA Rate® data provides 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).
OANDA Europe Limited is a company registered in England number 7110087 limited by shares with its registered office at 25 Watling Street, London, EC4M 9BR and is authorised and regulated by the Financial Conduct Authority, No: 542574.
About Investment Trends
Investment Trends is the leading researcher in the retail CFD, FX and Online Broking Markets globally. The Investment Trends team combines analytical rigour and strategic thinking with the most advanced research and statistical techniques to help clients gain competitive advantage. Over 10 years experience in researching the Australian retail wealth management and global broking markets underpin Investment Trends' insights and provision of decision-making support to over 200 leading financial service businesses globally. Investment trends' clients include a number of global banking organisations, all major CFD providers and online brokers as well as industry regulators, investment platform providers, industry associations and financial planning software providers.
For media inquiries, please contact:
Cognito for OANDA Europe
Paul Bowhay/ Bryony Scragg
Global PR Manager, OANDA Corporation
+1-416-593-9436, ext. 386