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Forex Options

FXBoxOption - Exotic Options Made Simple

The OANDA FXTrade platform includes a form of options trading called FXBoxOption. This feature lets OANDA clients trade options through a simple, well-understood graphical user interface. Now the everyday trader can buy and sell a complex structured options product that used to be available only to the sophisticated institutional investor.

The OANDA FXBoxOption feature empowers traders to define their own options in real-time:

  • Option strategies enable the trader to cap the risk (unlike margin-based trading, where the trader has to take potentially unlimited risk to participate on the upside). The ability to carefully control risk makes intra-day options trading attractive to short-term traders.
  • FXBoxOptions can be used to trade intra-day options with time horizons as short as 5 minutes (Unlike traditional options, which are typically only available for time horizons of one or more days).

Free practice forex trading account

fxTrade Practice (formerly FXGame) is a real-time practice version of OANDA's foreign exchange trading platform, FXTrade.

Are you new to forex trading and want hands-on learning with no pressure? Or are you an experienced trader needing to test forex strategies in a risk-free environment? Whatever your reason, an fxTrade Practice account is a risk-free alternative. Discover how it can make a difference to your trading style.

  • It's free to use
  • Your demo account never expires
  • Use a fully functioning, real-time version of the FXTrade platform
  • Start trading with 100,000 units of virtual currency.  Reset this amount at any time
  • Access news, analysis tools, technical charts and much more.
  • It's hassle-free. No pressure, no spam, no phone calls.