Owners of v20 accounts may now also see estimated trade value and margin used fields when opening new trades.
Online trading services provider OANDA Corp launched the v20 trading engine about a year ago, and, ever since, it has been introducing v20-related enhancements to its products and services. A recent example is provided by the OANDA fxTrade mobile application for iOS-based devices.
Version 5.4.10 of the application, released earlier this month, allows owners of v20 accounts to also see estimated trade value and margin used fields when opening new trades. This offers more clarity on the financial (and hence, risk) exposure of a trader.
This enhancement comes on top of a range of other improvements that OANDA has introduced recently to owners of v20 accounts. For instance, in June this year, FinanceFeeds reported of OANDA launching a new feature called Price Signal on its mobile apps for the v20 clients. The feature was first launched on iOS devices and was shortly thereafter introduced on Android devices too.
The Price Signal feature is a replacement of OANDA’s old Price Alert feature available on Legacy accounts. It was rolled out in response to client requests. Via the new feature, v20 users can turn any Vector or Horizontal Line drawing tools into a Price Signal, which triggers a push notification when the market crosses that line. The Signal toggle can be found in the drawing tool configuration bar visible when the tool is selected.
There have been other v20-related enhancements that OANDA has introduced to users of its mobile applications. In May this year, the mobile solution for Android devices made all Trade Default types available on v20 accounts, as well as on older accounts.
Also, concerning v20, let’s recall that the version of the MultiCharts platform released in June introduced OANDA V20 REST API support. The OANDA v20 REST API provides programmatic access to OANDA’s next generation v20 trading engine. Anyone with a V20 trading account may use this API. The Trading Interface is selected in OANDA data feed settings in MultiCharts’ tool for database management QuoteManager. It is global and affects the data feed and all existing OANDA broker profiles.