Oanda Live With Retail FX Trading
TECHNOLOGY NEWS
ZURICH -- Currency forecasting and analysis service Oanda last week launched online FX trading for retail investors.
The internet trading service offers live FX trading for nine major currency pairs with a $1 minimum trade with no commission or charges. Clients pay via a spread of 0.02%.
Richard Olsen, chairman of Zurich-based parent Olsen Group, told FX Week the launch would open the market to retail investors, who have previously been prevented from trading FX by poor retail spreads and high
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