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OANDA Thought Legacy Was Enough; Now It's FTMO's Latest Trophy
The recent acquisition of OANDA by FTMO marks a significant shift in the retail trading industry. It highlights how traditional brokers who fail to innovate risk losing market dominance. This unprecedented move represents the first instance of a prop trading firm acquiring a major retail broker, inverting the usual industry pattern. OANDA, once a powerhouse in the retail trading space due to its strong regulatory standing across seven Tier-1 jurisdictions, gradually lost market momentum under CVC's ownership. Despite maintaining high trust among retail traders, the broker struggled to keep pace with evolving market ... (full story)