OANDA – Lawyers Write the Bets. Bankers Sell the Bets.

June 10, 2025July 28, 2025

Binary options: The dollar continued its weakening against the euro.

I bought a contract on the NADEX betting that the EUR/USD would close above 1.1360 earlier this afternoon at 3 pm. I would not have been surprised had the EUR/USD closed above 1.1380 but lately I have been hedging my bets by 17 to 25 pips. Honestly other than ascertaining the broker spread based on … Continue reading Binary options: The dollar continued its weakening against the euro.

May 29, 2025

NFA orders New York, N.Y. retail foreign exchange dealer OANDA Corporation to pay a $600,000 fine

May 29, Chicago—NFA has ordered OANDA Corporation (OANDA), an NFA Member retail foreign exchange (forex) dealer and futures commission merchant headquartered in New York, N.Y., to pay a $600,000 fine. The Decision, issued by NFA’s Business Conduct Committee (BCC), is based on a Complaint issued by the BCC and a settlement offer submitted by OANDA, in which the firm neither … Continue reading NFA orders New York, N.Y. retail foreign exchange dealer OANDA Corporation to pay a $600,000 fine