Last year, Anda OANDA successfully entered the cryptocurrency field by acquiring Coinpass Limited, a UK cryptocurrency trading platform. Now, this multi asset online trading leader has announced the launch of a new trading project - OANDA Labs Trader, with profit sharing as the core, moving towards the self operated trading market.
According to OANDA, the goal of Labs Trader is to provide trading opportunities for private investors and independent traders with a certain level of expertise, so that they can become signal providers for OANDA's proprietary trading business while gaining profit sharing. This project is open to residents of countries/regions served by its Global Markets division, while OANDA Global Markets is regulated by regulatory authorities in the British Virgin Islands.
The company stated that traders interested in participating in the project need to first test their trading strategies and skills using virtual funds in a demonstration environment, and evaluate them by participating in the OANDA trading challenge.
Kurt von Scheidt, Chief Operating Officer of OANDA, commented: Our goal is to provide customers with more intelligent trading services. By launching this project, capable traders can more conveniently enter the global financial trading market. In addition to profiting from virtual funds, traders will also receive educational resources, exclusive data-driven features, and widgets to support their trading success. We look forward to incorporating valuable signals into our trading through Labs Trader "Model to develop proprietary trading business."
More and more financial market participants are paying attention to proprietary trading opportunities. Last week, global holding company Hantec Group announced the launch of its proprietary trading company, Hantec Trader. Brokeree Solutions, a well-known trading solution provider, has also launched a new solution called Prop Pulse designed specifically for proprietary trading, aimed at helping brokers enter the proprietary trading field more quickly.