FTMO Expands with ETFs in OANDA’s Latest Launch

FTMO expands with ETFs in OANDA’s latest launch, offering EU clients broader, cost-effective investment choices. OANDA, a global provider of online multi-asset trading and investment services, has expanded its investment product suite for European clients by launching access to Exchange-Traded Funds (ETFs), the company revealed this week. OANDA makes its first significant product release since FTMO acquired the company nearly three months ago.

With this rollout, OANDA clients across the European Union can now trade more than 350 ETFs, encompassing a broad range of international markets, sectors, commodities, and indices. The firm highlighted that this new feature supports investors in achieving greater portfolio diversification through passive investment strategies, offering an efficient and cost-effective alternative to investing in single assets or conventional mutual funds.

FTMO Expands with ETFs to Broaden European Market Reach

OANDA offers a compelling cost incentive in its new ETF trading structure: it gives clients the first 10 ETF transactions per month commission-free, as long as their total monthly trading volume stays below €100,000. After surpassing this threshold, it charges a minimal commission of 0.1% per transaction or €1, whichever is higher.

“The introduction of ETFs to our offering is another step towards providing investors with a full spectrum of modern and effective tools for building a diversified portfolio,” stated Marcin Niewiadomski, Managing Director for Europe at OANDA.

“ETFs are the most popular instrument for passive investing and an alternative, cheaper solution compared to standard investment funds. This way, we offer our clients access to global markets in a simple and cost-effective manner.”

This development follows OANDA’s acquisition by FTMO, which was first reported in February. The report detailed that CVC Asia Fund IV, which previously held a 98.5% stake in OANDA following its 2018 purchase valued at $160 million, had agreed to sell the brokerage to the FTMO Group. That acquisition valued OANDA at roughly $175 million, based on its previous year’s earnings of $35 million EBITA.

FTMO, a well-known name in proprietary trading, reported CZK 1.94 billion (over $81.5 million) in cash reserves at the end of 2023, marking a substantial 275% year-on-year increase. The firm underscored its intention to maintain OANDA’s brand identity and trading autonomy post-acquisition.

FTMO unveils trading update

As part of this commitment, FTMO confirmed that OANDA’s proprietary trading platform, OANDA Prop Trader, will continue to operate independently. This pledge was further emphasized by the launch of a Community + Loyalty Program aimed at strengthening user engagement.

In addition to ETF access, OANDA continues to offer clients an extensive range of more than 4,000 financial instruments. These include a wide variety of Contracts for Difference (CFDs), single stocks, forex pairs, and other assets. The brokerage also facilitates trading in over 2,200 real stocks globally.

Furthermore, new OANDA clients are being offered an attractive onboarding incentive: up to 7% annualized interest on unused cash balances for the first 90 days after account registration, subject to the broker’s standard terms and conditions.

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