What are Oanda real-time rates?

OANDA real-time rates (also known as “spot” and “live” rates) are available through a new version of the company’s Exchange Rates API. A true reflection of the forex market, these spot rates are updated every 5 seconds, so businesses are always equipped with a continuous flow of up-to-date FX data. every 5 seconds.

Why should you use live forex rates?

View live forex rates at a glance and be well placed to enter or exit a trade. You’ll find real-time rates on currencies, commodities, indices and cryptocurrencies, keeping you informed on price action and enabling consistent trading. Find out more about the major currency pairs and what impacts price movements.

How often are forex spot rates updated?

A true reflection of the forex market, these spot rates are updated every 5 seconds, so businesses are always equipped with a continuous flow of up-to-date FX data. every 5 seconds. In addition to providing live rates, the new API also offers 96 fixing rates daily – more than any other known currency data feed on the market.

What is the forex market?

The forex market, or foreign exchange market, allows banks, funds, and individuals to buy, sell or exchange currencies.