OANDA Takes Web Trading One Step Further With Chrome Extension Release

In a new move for the industry, OANDA has just announced the launch of fxTradeNOW, aChrome browser extension that allows for trading directly on any web page. Unlike current Web Trader technologies, that work with a tab of a web browser, as a Chrome extension, the trading interface is embedded within the browser’s overall makeup. After the increase of usage of mobile and tablet based apps, interest in being able to trade wherever and however one wants has increased. Therefore, fxTradeNOW appears as a natural extension of this trend.

OANDA LAUNCHES fxTradeNOW, THE FIRST CHROME APPLICATION THAT ENABLES LIVE CURRENCY TRADING FROM ANY WEBPAGE - Innovative solution from leading Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker allows traders to react quickly to news that influences currency market movements NEW YORK – OCTOBER 10, 2012 — OANDA, a provider of innovative foreign exchange trading services, has launched fxTradeNOW, the first Chrome browser extension that allows users to trade live forex rates from any webpage. A “lite” version of OANDA’s award-winning forex Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, fxTradeNOW puts trading capability on the same page as the news. Once installed, the browser extension gives users direct access to their OANDA trading accounts so they can enter trades without the need to navigate away from the page to launch the full fxTrade platform. OANDA fxTradeNOW functionality includes real-time quotes, charting in four different timeframes, and the ability to enter take profit, stop loss, or trailing stop orders. The extension’s smart scanning technology automatically searches website text for mentions of currencies and pre-loads current price information. If more than one currency is referenced in a news story or blog post, a dropdown menu allows users to select which pair to trade. According to Courtney Gibson, Vice President of Trading at OANDA, fxTradeNOW is an ideal tool for forex traders considering the ever-changing nature of the marketplace. “In today’s fast-moving market, trading opportunities can come and go in a matter of seconds,” Gibson said. “Our Chrome browser extension puts the trade on the same page as the news, allowing traders to act on their ideas faster and stay ahead of the competition. This is another example of OANDA’s dedication to innovation and providing the best trading experience in foreign exchange.” The fxTradeNOW application is now available as a free download in the Chrome Web Store. OANDA plans future releases that will include the ability to modify and close trades, set trade defaults, and support for other browsers.