OANDA is an Open Book
We believe market data and costs should be visible to all
Most banks and forex market makers don't share their data on client positions and pending orders with traders and if they do, they only share it with a select few. They are equally opaque about their costs.
At OANDA, our aim is to give you the information you need to make smarter trades. We work to eliminate hidden processes in pricing and execution, and we provide open forums where our traders can communicate freely with each other.
It's only fair to offer clients:
- Clearly visible current spreads
- Easy access to an archive of past spreads published in plain view
- Current and past interest rates
- Compliments and complaints posted on an open forum, for all to see
- A public snapshot of open orders and positions on major pairs to share information on market sentiment
Get a snapshot of market sentiment
OANDA provides information on current open positions and open orders in our market. We publish it openly, free of charge. This information lets you interpret current trading activity of thousands of traders in our market, including the client price expectations that are contributing to natural resistance and support levels.
We are one of the few market makers to share this data openly; most others give it only to select clients—for a fee—or keep it to themselves.
5. We make an open, transparent market.
8. We support our customers with resources that help them trade better.
Please refer to our more detailed Risk Warning, and NFA's FOREX INVESTOR ALERT.