OANDA stops supporting Best Forex Trade of the Day in fxLabs

OANDA has announced that it is no longer supporting the Best Forex Trades of the Day in fxLabs as of November 24, 2015.

The broker explained that it regularly evaluates capabilities of its lab tools to ensure that it is providing the utmost value to customers. After careful consideration, and due to low trader interest, the company has decided to focus its efforts and investments on delivering capabilities on tools that will bring more value to its customers.

Traders will still be able to access price volatility using the OANDA Currency Volatility tool.

The Currency Volatility Chart lets traders see the currency pairs with the most significant price fluctuations. A set of graphs provide a simplified overview of recent price activity for different currency pairs and commodities. The Price Movement graph, for instance, displays the extent and direction of price movement since the start of selected time period until current time, whereas the High-Low Movement graph shows the extent of price fluctuation between the high and low prices during the same time period.

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To view the announcement from OANDA, click here.

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