Forex Trading API for FXTrade

FXTrade API Libraries

Use the OANDA FXTrade API libraries to build secure, automated forex trading into your software systems. You can automate forex trading actions such as the following:

• Trade requests
• Stop-loss, take-profit or entry orders
• Access to past trading transactions
• Access to current and historical FXTrade market rates and candlesticks
• Risk-free testing on OANDA’s FXGame platform.

Available for Java, C++, .NET and the FIX protocol.

Who Uses Forex Trading APIs?

• Corporations, brokers, hedge funds and money managers requiring always-on, real-time forex trading capabilities
• Companies integrating forex trading into their treasury systems
• Brokers hedging the exchange rate exposure of their equity positions
• Customers creating customized user interfaces to OANDA's FXTrade system
• Retail customers developing proprietary trading models.

Why Use FXTrade?

The OANDA FXTrade system offers a long list of benefits to foreign exchange traders: 24/7 availability, tight spreads, immediate execution with full price transparency, flexible any-size trades, continuous interest and multi-currency accounts.

How FXTrade APIs Work

An API library implementing the FXTrade protocol is dynamically linked to your computer system, allowing it to communicate directly with OANDA's FXTrade servers over secure, authenticated Internet sessions with fully encrypted communication channels.

The APIs do not require the FXTrade user interface to be up and running, although you can use the interface to monitor the real-time system actions taken by the API.

Versions

The OANDA FXTrade API Library is available in the following versions:

Requirements

To use the FXTrade APIs, you must:

• Enter into a license agreement with OANDA.
• Maintain sufficient funding in your FXTrade account.
• Have access to programmers with the expertise to design and implement complex computer programs in the supported programming languages.

Pricing

OANDA charges an initial licensing fee of USD $600, which entitles the customer to two free months of access to one API library for testing and implementation. After these two months, a monthly fee applies. The monthly fee is USD $600, discounted by USD $50 for every USD $1M in monthly volume of currency traded from the account.

Note that customers with accounts exceeding USD $12M in volume in a month are entitled to free usage of the API for the next month.

Limitations

The license is available to only one FXTrade account and its associated sub-accounts, as well as one FXGame account to be used for testing. Support is provided for one FXTrade API library only (but you can change this library if you need to).

Sign Up

1. Ensure your FXTrade account has a minimum balance of USD $600
2. Review, complete in full and sign the API Legal Agreement. Please complete all of Schedule A.
3. Fax the agreement to +65 6557 2969, or email a scanned copy to .

OANDA will email you the API client library and enable your FXGame test account for API access after we verify your account funds and agreement. We will enable your FXTrade account for API access after you implement and test your API programs.

Please contact an OANDA representative should you need further assistance.