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Private equity firm CVC Capital Partners, via its CVC Asia Fund IV, has announced that it has entered into an agreement for the sale of Retail FX and CFDs broker OANDA Global Corporation to prop trading firm FTMO group. The terms of the transaction, which is subject to customary regulatory approvals, were not disclosed. We had reported in mid 2024 that CVC was putting OANDA up for sale, and had engaged banks to find a buyer and help negotiate as sale of the company. CVC acquired OANDA in 2018, at a reported value of $175 million. Headquartered in the Czech Republic, FTMO is a retail prop trading firm – or more ... (full story)
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- #1
- Quote
- Feb 3, 2025 6:09pm Feb 3, 2025 6:09pm
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loriflori
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| Joined May 2007 |Status: Trader| 163 Comments
I am not happy about this....
- #2
- Quote
- Feb 3, 2025 7:50pm Feb 3, 2025 7:50pm
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OnlineAddict
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Joined May 2014 |Status: From1toMillion| 3299 Comments
Wow, I knew FTMO is big, but didn't know they are SO big.
Everyone can see the chart, but only a few can actually read it.
- #3
- Quote
- Feb 3, 2025 8:25pm Feb 3, 2025 8:25pm
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waynewesson
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| Joined Nov 2024 |Status: Trader| 2 Comments
As long as we're able to cash out when it's time. NO PROBLEM!!
- #4
- Quote
- Feb 3, 2025 9:58pm Feb 3, 2025 9:58pm
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Trader#A819
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| Status: Unregistered Trader
Will US traders finally be able to trade CFD's with Oanda?
- #5
- Quote
- Feb 4, 2025 2:33am Feb 4, 2025 2:33am
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capitalist88
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Joined Oct 2006 |Status: Trader| 46 Comments
And the hits just keep on comin'....
- #6
- Quote
- Feb 4, 2025 4:17am Feb 4, 2025 4:17am
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anik550
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| Joined Oct 2024 |Status: Trader| 1 Comment
For how much ?
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Posted: Feb 3, 2025 5:52pm
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Submitted by:
Newsstand
Category: Forex Industry News
Comments: 6 / Views: 24,025
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