Founded in 1996 by Dr. Michael Stumm and Dr. Richard Olsen, OANDA began by providing free exchange rate data on the Internet, revolutionizing access to currency information. In 2001, the company launched its fxTrade platform, becoming a pioneer in web-based currency trading. Over the years, OANDA has expanded its offerings to include a wide range of financial products such as forex, CFDs, and cryptocurrencies, catering to both retail and corporate clients. The company operates globally with regulated entities in major financial markets, including the United States, United Kingdom, Canada, Australia, and Singapore. In 2025, OANDA was acquired by FTMO, a global leader in modern prop trading, signaling a significant expansion in its services and market reach. This acquisition positions OANDA as a comprehensive trading powerhouse, offering a diverse array of financial services to a global clientele.
