What happened to OANDA?
I heard about OANDA recently and I'm curious about what exactly transpired. Could someone provide me with a brief overview or summary of the events that led to the current situation with OANDA?
What is OANDA known for?
OANDA is known for being a leading provider of foreign exchange and CFD trading services, offering competitive pricing, advanced trading platforms, and a wide range of educational resources for traders.
Is OANDA acquired by CVC Capital Partners?
There were reports in 2018 that CVC Capital Partners Asia Fund IV had agreed to acquire OANDA, a global leader in online retail trading and data analysis. However, recent reports in 2024 suggest that CVC Capital Partners has sold OANDA, although the details of the transaction are not yet known.
Where does OANDA get its rates from?
OANDA obtains its rates from various sources, including but not limited to, financial markets, currency exchanges, and interbank trading platforms. These sources provide real-time and accurate data that OANDA utilizes to offer the latest exchange rates to its clients.
Is my money safe with OANDA?
I'm considering using OANDA for financial transactions, but I'm concerned about the safety of my funds. I would like to know if my money will be secure with them.