Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, January 26 2021 - 08:00
AsiaNet
OANDA launches Pro Trading account with 100:1 leverage
SYDNEY, Jan. 26, 2021 /PRNewswire-AsiaNet/ --

A global leader in online multi-asset trading services, 
OANDA[https://www.oanda.com/sg-en/ ] has introduced a new Professional Trading 
account in Australia that enables clients to trade forex and CFDs with higher 
leverage ratios, margin relief and volume rebates. The OANDA Professional 
Trading 
account[https://www.oanda.com/au-en/trading/au-professional-trading-account/ ] 
is open only to long-term traders with a proven knowledge of the markets and 
the inherent risks.

Anthony Griffin, Managing Director of the firm's Australian operation 
explained, "We're delighted to introduce our new Professional Trading account, 
which will allow experienced clients to access a range of features including 
100:1 leverage, margin relief when they place a guaranteed stop-loss order, and 
attractive volume rebates. However, this account is not for everyone. Traders 
must meet stringent criteria in order to qualify as a wholesale client or 
sophisticated investor before they can upgrade to the Professional Trading 
account." 

Griffin continued, "Over the course of our 25-year history, OANDA has earned a 
reputation for combining cutting-edge trading technology and 
institutional-grade execution, continuously striving to introduce new products 
that meet the ever-changing needs of traders. We believe our new Professional 
Trading account clearly demonstrates the firm's ongoing commitment to helping 
our clients become successful self-directed traders while also ensuring we 
continue to meet our regulatory responsibilities."

Governed by the Corporations Act, wholesale client status is determined on 
financial qualifiers, financial literacy and product knowledge, while 
sophisticated investor status is determined on trading history, market 
experience and product knowledge. 

Clients should also note, by upgrading to a Pro Trading account, they agree to 
waive certain protections. For more information about OANDA's Professional 
Trading account, please click 
here[https://www.oanda.com/au-en/trading/au-professional-trading-account/ ].

About OANDA

Founded in 1996, OANDA was the first company to share exchange rate data free 
of charge on the Internet, launching an FX trading platform that helped pioneer 
the development of web-based currency trading five years later. Today, the 
group provides online multi-asset trading, currency data and analytics to 
retail and corporate clients, demonstrating an unrivalled expertise in foreign 
exchange. With regulated entities in eight of the world's most active financial 
markets, OANDA remains dedicated to transforming the business of foreign 
exchange. For more information, please visit 
oanda.com[https://www.oanda.com/sg-en/ ] or follow us on 
Twitter[https://twitter.com/OANDA ], Facebook[https://www.facebook.com/OANDAfx 
] or YouTube[https://www.youtube.com/user/oanda ].

Source OANDA