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Summaries and Short Reviews

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www.oanda.com

Website Review by: leopall    


OANDA is a currency Site for
 forex traders, businesses and travelers to access foreign
exchange data and services.
For Forex traders Oanda is the best online currency exchange site.
If you don''t know how exchange currency and would like to learn, there is the FXGame.You get a fictional $100,000
account that you can play with and learn the basics of FX trading. If you are an experienced trader you can sign up for FXTrade and start trading real money, the application is easy and comes in individual or corporate so you can trade yours or other people.
Oanda offers the following for individual as well as institutional traders:
·  Low spreads
·  100% automated—immediate settlement, fast execution
·  Transparent real-time executable pricing
·  Trade any amount you want—as little as $1 !!!
·  Continuous interest payments, second by second
FX Tools
FXAnalysis: Java based technical analysis tool for the FX Investors. Graphs such as relative, absolute, candle stick and historical rates allow FX Investors to study the currency market.
FXMap: color coded world map displays strength of a currency compared to the rest of the world.
FXGraph: Graphical display of historical and current currency rate
FXCommerce® : localize your online store or auction site in minutes
FXCommerce allows online businesses and merchants to show prices in their customers'' preferred currency without the need to setup, download and use complicated currency exchange databases and/or interfaces
FXConverter: 164 currency Converter is the Web''s most popular and free currency converter. You can also customize the converter to have the same look and feel as your own Web site in minutes.
FXCheatSheet: currency cheat sheet for Travelers is the most useful tool you can take with you on your next trip. Just print the FXCheatSheet for your next destination, it''s small enough to fit in your Wallet and help you figure out the prices in your home currency.
FXDaily: daily one-to-many currency table allows you to view multiple currency exchange rates with one click.
FXHistory: historical currency exchange rates for over 164 currencies with an easy to use interface.
FXPense: calculate your international, multi currency expenses online. Just enter the amount of foreign expense and FXPense will calculate the exchange rate for the day of the purchase. Then print or export the expenses in MS® Excel.
FXAverage: A multi-lingual currency exchange converter that calculates the weekly, monthly, quarterly, or yearly average exchange rates for any user specified time horizon.
My favorite as an FX Trader is the Platform, completely web based, web-based platform is 100% automated from market-making through trade execution. Nothing to download, trade anytime, anywhere you want. In a café, library, convent, in the valleys of Grand Canyon or in the Sahara desert. With FXTrade, our objective was to create a platform that makes forex trading significantly more convenient and transparent. They got the tightest spreads of any dealer and trade execution is world class and fast; so are the settlement.
Published: April 12, 2008
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