One of the well-known brokers from the US, OANDA, opened its branch office in Australia on May 15, 2014. Before establishing the branch office, OANDA was awarded the Best Customer Service and the Highest Overall Client Satisfaction categories in the Asia Pacific (APAC) region. The new office in Sydney is expected to facilitate services for clients in Asia-Pacific, especially clients in the world's smallest continent.
"OANDA has a strong instinct for innovation and will always look for ways to hit the market," said Louis Cooper, Managing Director, OANDA Australia. Cooper added that the OANDA broker is a broker that focuses on developing technology to support its clients' trading.
With the establishment of an office in Australia, OANDA aims to serve traders there and help them set trading strategies in the long term. There are thousands of active OANDA traders in Australia, so Cooper wants OANDA's stock market to double in 2014.
OANDA's marketing strategy has been planned for building offices in the Asia Pacific region since 2013. Even though the forex market in Australia and Singapore is experiencing a decline, OANDA remains confident that the company will grow steadily from year to year in Asia.