OANDA Targets Chinese in Australasia via Strategic Partnership with an Education Provider

ACY FX, a Sydney-based 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 education provider, has just announced that it has developed a strategic partnership with forex (FX) and Contracts For Difference (CFD) broker, OANDA Australia. Together, the companies will deliver education services for Chinese speaking traders in Australia and New Zealand in their native language.

Australasia has several large immigrant communities of Chinese natives, both Cantonese and Mandarin speakers, who are the focus of many brokers both in Australia and New Zealand. With this deal, OANDA Australia will be able to utilise ACY FX’s Chinese language resources to provide professional education services, including FX workshops, FX market analysis, live market updates and one-on-one training to its existing and potential Chinese customers living in the region.

Louis Cooper, Managing Director of OANDA Australia, said: “ACY FX has exactly what we are looking for in a strategic partner. I am confident they will provide professional educational tools, maintain a high level of service, and help our Chinese clients be successful in FX trading. Furthermore, their management team has very strong Chinese market development experience; I am excited to build a great partnership between our companies.”

Winson Cao, Director of ACY FX, added: “We would like to assist OANDA in expanding the Chinese market in Australia and New Zealand. OANDA has a very strong reputation in the global FX market place and their 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 and execution is outstanding. We are proud to be their exclusive partner for Chinese education services. As FX trading is becoming increasingly popular amongst Chinese traders, we see there is much more potential for growth.”