OANDA Acquires Forex Copy Trading Platform

Foreign exchange trading services provider OANDA has acquired Boston-based Currensee, which provides a forex copy trading platform.

Currensee’s platform allows traders to mirror the trading behavior of other forex investors, and allows investors and financial institutions to share trading information. The technical process of making Currensee’s platform to OANDA clients is still underway.

“With the acquisition of Currensee’s award-winning copy trading platform, OANDA’s clients will benefit from the collective experience of Currensee’s extensive community of traders,” says K Duker, CEO, OANDA Corporation. “Like OANDA, Currensee has a strong business vision coupled with an expert engineering pedigree. We are committed to continue serving the needs of all Currensee customers, Trade Leaders, and partners and look forward to making OANDA’s competitive spreads and superior execution available to this new group of traders.”

“The Currensee team is excited to join forces with OANDA, a company that shares our commitment to transparency and customer success,” says Dave Lemont, CEO, Currensee. “Our clients and partners will continue to receive best-in-class service from Currensee, and can expect even more as we work closely with OANDA to deliver an even better Trade Leaders Investment Program around the world.”