Jessica Beckstead has embarked on a new professional journey at OANDA where she is now taking on the mantle of Head of FX Data Services, in addition to her current role as the CEO of OANDA US.

Decades of Financial Expertise

With over two decades of experience in the financial services industry, Beckstead brings a wealth of knowledge and leadership to her new position.

Prior to her tenure at OANDA, she served at FXCM for 18 years, holding various key positions including Managing Director & Global Head, CEO of FXCM Australia, and Managing Director of Emerging Markets.

Commenting on her expanded responsibilities, Beckstead expressed enthusiasm about the opportunity to lead OANDA's FX Data Services division. She emphasized the importance of data-driven insights in today's dynamic financial landscape and affirmed OANDA's commitment to delivering top-tier services to clients worldwide.

With her background in financial services and a track record of strategic leadership, she is well-positioned to drive innovation and growth in this pivotal role.

Gavin Bambury, the Chief Executive Officer of OANDA, said: “We’re delighted to welcome Beckstead to the OANDA team. Beckstead brings with her significant knowledge of the financial services industry and is an excellent choice to drive our expansion in the Americas. Her extensive experience growing a retail business, as well as proven operational and strategic expertise, will enable us to identify and implement new strategies to strengthen our reputation, increase market growth, and propel the business forward.”

OANDA Ventures into Proprietary Trading

OANDA has ventured into proprietary trading with OANDA Labs Trader, as reported by Finance Magnates. Traders, eligible through its Global Markets division in the British Virgin Islands, can earn up to 75% profits. To qualify, they must pass an assessment, with fees ranging from $249 to $2,400. Challenges offer funding from $25,000 to $500,000, requiring a 10% profit target in Phase 1 and 5% in Phase 2, with a daily loss limit of 5% and a max drawdown of 10%. According to OANDA, it aims to empower traders while adhering to regulatory standards.