Breaking: OANDA Experiencing Technical Issues

Just under two hours before the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term vote in the UK Parliament, OANDA is experiencing technical issues. Clients of the company have reached out to Finance Magnates and confirmed that they couldn’t log in to their trading accounts.

Contacting the company’s support team appears to be very difficult right now, and there is no clarity as to how severe the technical difficulties of the brokerage are. The firm’s login page in the EU displays a warning stating: “Currently experiences issues - we are investigating.”

Users in the Telegram channel of ForexLive are reporting that the login issues are on and off. The company’s Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term is reported to have been mundane throughout the day. Finance Magnates has reached out for comment to the company and will update our readers as we find out more.

The issue appears to be affecting both the desktop and the mobile platforms of the brokerage company. OANDA is one of the oldest brokers in the industry. The outage is occurring just minutes before the key Brexit vote in the UK Parliament.

@OANDA Would you be keen to comment on the technical issues you guys are experiencing right now?

— Victor Golovtchenko (@GolovtchenkoV) January 15, 2019

Update: As of 06:30 PM GMT (11:30 AM ET) the company's website is functioning normally. The company still hasn't posted an update about the reason for the outage.