Forex Magnates learned that OANDA.com was offline, due to an apparent technical disruption with their Network Service Provider, affecting access to their MT4 platform (server) and something they are trying to fix ASAP.
[UPDATE: Website is back online, as of 4:35GMT, and company statement at bottom of article provided post-publication - around 6:00 GMT to Forex Magnates]
Oanda.com is back up after being off-line for over an hour due to an unexpected disruption in their internet connectivity that was said to be the fault of their Network Service Provider, Forex Magnates confirmed, and just over an hour after the site was down online connectivity was restored.
This was a developing situation that the company was trying to resolve ASAP, as their main website OANDA.com was down due to an issue with their Network Service Provider (or Internet Service Provider), as described above, and as explained to Forex Magnates' reporters by people familiar with the outage that started a little over an hour ago.
The company was fast to update its social media accounts as a means to communicate with clients via any available medium, and connectivity to the MT4 Trading Platform was also said to be affected, as told to Forex Magnates by sources, as well as all their other offered platforms which are dependent on internet connectivity.
On Facebook, an official page for OANDA was updated with the following:
"Hi Traders! We are aware of the issues with the website and platform and are working diligently to resolve them as soon as possible. We apologize for the inconvenience and we will you keep updated."
"Update - the issue we are experiencing is related to our network service provider. They are working closely with us to resolve the current outage."
The firm updated via its @OANDA twitter handle, in a <140 character update: "We are currently experiencing issues with our network service provider. We are working with them to resolve this matter ASAP"
At about 26 minutes after that update - service was restored - with another update that said: "We are back and running. We appreciate your patience and sincerely apologize for this frustrating situation. We will have more updates soon"
A company spokesperson told Forex Magnates that it was their number one priority to get the site online again right now, and elaborated on interim means taken to accommodate clients, such as extra manpower in their call center and already in place processes to rectify any affected clients, on a case-by-case basis.
Forex Magnates is monitoring the situation and will update this post accordingly, clients with open trades were able to call OANDA on U.S +1 212 858 7690 or
Following the developments, and after the site went back online, an official statement on the downtime was issued by OANDA:
On February 27th, OANDA's primary Internet Service Provider (ISP) experienced an outage and as a result our platform lost internet connectivity. We want to assure our clients that at no time was any confidential information breached.
At this time, we would like to report that through the outage our clients were protected in several ways:
- The platform continued to function throughout the network outage and executed stored client orders (Take Profit, Stop Loss, Margin Calls, etc.)
- Client orders triggered on these prices
We take this matter very seriously and are working with our network providers to add additional resiliency to our network connections, to ensure our clients have uninterrupted access to fxTrade. We are also working with our ISPs to evaluate their existing infrastructure as several of their other customers were also affected by this outage.
To our clients, if you have specific concerns about your account(s), please contact our Client Experience teams at frontdesk@oanda.com or toll-free 1-877-OANDAFX.
[UPDATE: Website is back online, as of 4:35GMT, and company statement at bottom of article provided post-publication - around 6:00 GMT to Forex Magnates]
Oanda.com is back up after being off-line for over an hour due to an unexpected disruption in their internet connectivity that was said to be the fault of their Network Service Provider, Forex Magnates confirmed, and just over an hour after the site was down online connectivity was restored.
This was a developing situation that the company was trying to resolve ASAP, as their main website OANDA.com was down due to an issue with their Network Service Provider (or Internet Service Provider), as described above, and as explained to Forex Magnates' reporters by people familiar with the outage that started a little over an hour ago.
The company was fast to update its social media accounts as a means to communicate with clients via any available medium, and connectivity to the MT4 Trading Platform was also said to be affected, as told to Forex Magnates by sources, as well as all their other offered platforms which are dependent on internet connectivity.
On Facebook, an official page for OANDA was updated with the following:
"Hi Traders! We are aware of the issues with the website and platform and are working diligently to resolve them as soon as possible. We apologize for the inconvenience and we will you keep updated."
"Update - the issue we are experiencing is related to our network service provider. They are working closely with us to resolve the current outage."
The firm updated via its @OANDA twitter handle, in a <140 character update: "We are currently experiencing issues with our network service provider. We are working with them to resolve this matter ASAP"
At about 26 minutes after that update - service was restored - with another update that said: "We are back and running. We appreciate your patience and sincerely apologize for this frustrating situation. We will have more updates soon"
A company spokesperson told Forex Magnates that it was their number one priority to get the site online again right now, and elaborated on interim means taken to accommodate clients, such as extra manpower in their call center and already in place processes to rectify any affected clients, on a case-by-case basis.
Forex Magnates is monitoring the situation and will update this post accordingly, clients with open trades were able to call OANDA on U.S +1 212 858 7690 or
Following the developments, and after the site went back online, an official statement on the downtime was issued by OANDA:
On February 27th, OANDA's primary Internet Service Provider (ISP) experienced an outage and as a result our platform lost internet connectivity. We want to assure our clients that at no time was any confidential information breached.
At this time, we would like to report that through the outage our clients were protected in several ways:
- The platform continued to function throughout the network outage and executed stored client orders (Take Profit, Stop Loss, Margin Calls, etc.)
- Client orders triggered on these prices
We take this matter very seriously and are working with our network providers to add additional resiliency to our network connections, to ensure our clients have uninterrupted access to fxTrade. We are also working with our ISPs to evaluate their existing infrastructure as several of their other customers were also affected by this outage.
To our clients, if you have specific concerns about your account(s), please contact our Client Experience teams at frontdesk@oanda.com or toll-free 1-877-OANDAFX.
Interactive Brokers Expands Offerings with Daily Options on French Stocks
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
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▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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