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OANDA Corporation is a financial services provider of currency conversion, online retail foreign exchange (forex) trading, online foreign currency transfers, and forex information. It is one of the largest non-bank Futures Commission Merchants (FCMs) that specializes solely in spot forex trading. OANDA is a registered FCM with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
The name OANDA is short for "Olsen And Associates" named after the founder.