OANDA admits to platform outage caused by ‘internal network issue’

Retail Forex broker OANDA has admitted on its Twitter feed to a ‘platform issue’ which occurred at around 4:00pm GMT Thursday, leaving a number of OANDA clients unable to access their accounts or effect trades.

Given that earlier in the day OANDA rival FXCM Inc (NYSE:FXCM) openly admitted that its systems had been successfully hacked, some worry had arisen that OANDA was also the target of hackers trying to bring it down.

At around 5:30pm GMT, OANDA tweeted that all technical issues were resolved, and that the outage was not caused by hackers but rather by an internal network issue, with all customer data and financial records fully secure.

A screenshot of the OANDA Twitter feed today follows:

OANDA twitter feed network outage

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