OANDA Teams Up with QuantConnect to Launch New Algo Trading Portal
- OANDA’s clients will be able to build, backtest, and trade using QuantConnect’s algorithmic trading module

The London Summit 2017 is coming, get involved!
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The new partnership will help allow OANDA’s trading clientele to build, backtest, and trade using QuantConnect’s algorithmic trading module, directly from the OANDA platform. Clients will thus be able to access OANDA Algo Lab, which will represent the new destination for the freshly assimilated capabilities of QuantConnect’s engine. The service will be free for OANDA clients and will provide traders with access to a focused community of both algorithmic and quantitative traders, as well as series of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Read this Term tutorials.
Targeted Focus
As such, the development will cater specifically towards targeting OANDA clients who have an idea about the financial markets and want to test and automate that idea. These typically include engineers, programmers, scientists, mathematicians and quants, but is not limited to these groups.

"We were always attracted to OANDA due to its well designed, open source API technology. This made integrating to OANDA in the QuantConnect/ LEAN open source project simple so we were able to quickly offer their brokerage to our clients. Over time we grew our OANDA Brokerage client base and reached out to see if there were better ways we could work together," explained QuantConnect’s CEO Jared Broad in an exclusive statement to Finance Magnates.
"We’re excited to be launching the white label integration to allow OANDA clients to design strategies in a more familiar environment, for free. Over the coming months we’ll be launching features to make this easier to use to reach a broader market. In addition to the white-label integration QuantConnect provides access to OANDA financial data for free download," he added.
According to Alex Case, Director of Product Management, Trading Platforms at OANDA, in a statement on the integration, “At OANDA, we are firmly committed to partnering with clients on their journey towards becoming a successful self-directed trader, offering award-winning education resources, up-to-the-minute market commentary and state-of-the-art trading tools that arm our clients with the necessary insights to help them identify trading opportunities while protecting their portfolio from risk.”
The London Summit 2017 is coming, get involved!
[gptAdvertisement]
The new partnership will help allow OANDA’s trading clientele to build, backtest, and trade using QuantConnect’s algorithmic trading module, directly from the OANDA platform. Clients will thus be able to access OANDA Algo Lab, which will represent the new destination for the freshly assimilated capabilities of QuantConnect’s engine. The service will be free for OANDA clients and will provide traders with access to a focused community of both algorithmic and quantitative traders, as well as series of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Read this Term tutorials.
Targeted Focus
As such, the development will cater specifically towards targeting OANDA clients who have an idea about the financial markets and want to test and automate that idea. These typically include engineers, programmers, scientists, mathematicians and quants, but is not limited to these groups.

"We were always attracted to OANDA due to its well designed, open source API technology. This made integrating to OANDA in the QuantConnect/ LEAN open source project simple so we were able to quickly offer their brokerage to our clients. Over time we grew our OANDA Brokerage client base and reached out to see if there were better ways we could work together," explained QuantConnect’s CEO Jared Broad in an exclusive statement to Finance Magnates.
"We’re excited to be launching the white label integration to allow OANDA clients to design strategies in a more familiar environment, for free. Over the coming months we’ll be launching features to make this easier to use to reach a broader market. In addition to the white-label integration QuantConnect provides access to OANDA financial data for free download," he added.
According to Alex Case, Director of Product Management, Trading Platforms at OANDA, in a statement on the integration, “At OANDA, we are firmly committed to partnering with clients on their journey towards becoming a successful self-directed trader, offering award-winning education resources, up-to-the-minute market commentary and state-of-the-art trading tools that arm our clients with the necessary insights to help them identify trading opportunities while protecting their portfolio from risk.”