OANDA

USCFTCUSNFAGBFCAFinancial Conduct AuthorityAUASICAustralian Securities and Investments CommissionCACIROSGMASMonetary Authority of SingaporeJPJFSA

OANDA is a global multi-asset trading and currency-data group founded in 1996. Products, leverage, pricing, funding and client protection depend on the contracting entity, residence and customer classification.

Last verified: Aug 1, 2026Sources and audit trail

Overview

OANDA is a global multi-asset trading and currency-data group founded in 1996. Products, leverage, pricing, funding and client protection depend on the contracting entity, residence and customer classification.

TraderVote user rating
0.0/10
Trader reviews
0
Regulation
Regulated (Tier-1)
Main regulators
USCFTCUSNFAGBFCA
Main strengths
Main risks
Not enough reviews to assess risk themes
Live collectionUpdated Aug 27, 2026

AI web composite score

Five web-reputation dimensions plus one objective regulatory dimension for OANDA

Web reputation 75% 6.0Regulation 25% 9.7
6.9/ 10Average
Data confidence95% · High

Trading environment

Slippage, stability, execution and pricing anomalies

Public review signals
6.5Weight 22%
304 related mentionsPositive 62%

Deposits & withdrawals

Funding speed, withdrawals, checks and payment methods

Public review signals
4.8Weight 18%
86 related mentionsPositive 41%

Customer service

Response time, expertise and complaint handling

Public review signals
6.2Weight 13%
113 related mentionsPositive 61%

Trading costs

Spreads, commissions, swaps and hidden charges

Public review signals
6.0Weight 18%
79 related mentionsPositive 58%

Sales conduct

Promotion terms, sales pressure and return claims

Public review signals
7.1Weight 4%
28 related mentionsPositive 69%

Regulation & compliance

Scoring rulesReview sentiment is excluded. Licence quality accounts for 60%, jurisdiction coverage 25%, and Tier-1 diversification 15%. Additional licences have diminishing returns, while enforcement actions or licence suspensions may reduce the score.View full methodology →

Licence quality, jurisdiction breadth and regulatory diversification

Objective regulatory facts
9.7Weight 25%
7 verified regulators6 jurisdictions

Sales conduct is the strongest review-based dimension; Deposits & withdrawals is the weakest. Regulation & compliance is scored independently from verified licence facts.

821Review signals
625Unique experiences
365.1Effective sample
4Sources
View calculation and source mix

The AI composite combines web reputation at 75% and regulation at 25%. Review weights are trading environment 22%, deposits and withdrawals 18%, customer service 13%, trading costs 18%, and sales conduct 4%. Regulation ignores review sentiment and uses verified licence quality 60%, distinct jurisdiction breadth 25%, and Tier-1 diversification 15%, with diminishing returns for additional licences.

AI web composite score
DimensionScorerelated mentions
Trading environment6.5304
Deposits & withdrawals4.886
Customer service6.2113
Trading costs6.079
Sales conduct7.128
Regulation & compliance9.77

Products

  • Spot foreign exchange in the United States and selected regions
  • Foreign exchange and precious-metal CFDs
  • Index, commodity and bond CFDs
  • Share and ETF CFDs in supported regions
  • Spread betting for eligible UK and Irish clients
  • Cryptocurrency products through region-specific entities or partners

Accounts

  • Personal retail account
  • Joint or corporate account in supported divisions
  • Professional account for qualifying clients
  • Standard, Premium and Premium Plus tiers under OANDA Global Markets

Platforms and tools

  • OANDA Web and OANDA Mobile provide proprietary order entry, charting and account tools.
  • MT4 and MT5 support automated strategies and platform-specific product ranges.
  • TradingView can connect directly to eligible OANDA accounts for chart-based trading.

Common account currencies

USDEURGBPCADAUDSGDJPY

Support and availability

OANDA Europe support is available by web chat, WhatsApp, Facebook Messenger, SMS and email from Sunday 9 p.m. to Friday 11 p.m. UK time, subject to daylight-saving changes. Other entities publish separate channels and hours.

The contracting division is selected by residence. Product range, account type, leverage and funding methods differ materially across the United States, United Kingdom, Australia, Canada, Singapore, Japan and other supported regions.

Regulation

Regulators

OANDA Corporation

United States · CFTC

Active
Regulators
CFTC
Licence / registration number
NFA ID 0325821

Client protection

US retail forex accounts are subject to CFTC and NFA capital, disclosure and conduct rules. No general statutory compensation scheme for ordinary trading losses was verified.

View protection details

US retail forex accounts are subject to CFTC and NFA capital, disclosure and conduct rules. No general statutory compensation scheme for ordinary trading losses was verified.

Registered as a Futures Commission Merchant and Retail Foreign Exchange Dealer and an NFA member. US residents receive a product set that differs from CFD markets.

Official record ↗

OANDA Corporation

United States · NFA

Active
Regulators
NFA
Licence / registration number
0325821

Client protection

NFA membership provides regulatory supervision and access to official membership and disciplinary records. It does not compensate normal market losses.

View protection details

NFA membership provides regulatory supervision and access to official membership and disciplinary records. It does not compensate normal market losses.

Official record ↗

OANDA Europe Limited

United Kingdom · FCA

Active
Regulators
FCA
Licence / registration number
542574

Client protection

Client money is segregated and held in trust under FCA client-asset rules. Eligible claims may fall within FSCS rules and current limits; market losses are not covered.

View protection details

Client money is segregated and held in trust under FCA client-asset rules. Eligible claims may fall within FSCS rules and current limits; market losses are not covered.

England and Wales company number 07110087.

Official record ↗

OANDA Australia Pty Ltd

Australia · ASIC

Active
Regulators
ASIC
Licence / registration number
AFSL 412981

Client protection

Australian financial-services, client-money, disclosure and product-intervention rules apply. No fixed statutory compensation for ordinary CFD losses was verified.

View protection details

Australian financial-services, client-money, disclosure and product-intervention rules apply. No fixed statutory compensation for ordinary CFD losses was verified.

ABN 26 152 088 349.

Official record ↗

OANDA (Canada) Corporation ULC

Canada · CIRO

Active
Regulators
CIRO

Client protection

Eligible customer property may be protected by the Canadian Investor Protection Fund up to CAD 1,000,000 for combined general accounts, subject to CIPF rules and separate account categories.

View protection details

Eligible customer property may be protected by the Canadian Investor Protection Fund up to CAD 1,000,000 for combined general accounts, subject to CIPF rules and separate account categories.

CIRO sets margin rates for Canadian accounts.

Official record ↗

OANDA Asia Pacific Pte. Ltd.

Singapore · MAS

Active
Regulators
MAS
Licence / registration number
200704926K

Client protection

MAS lists the entity as a Capital Markets Services licensee for over-the-counter derivatives and an Exempt Financial Adviser. No universal fixed compensation amount was verified for trading claims.

View protection details

MAS lists the entity as a Capital Markets Services licensee for over-the-counter derivatives and an Exempt Financial Adviser. No universal fixed compensation amount was verified for trading claims.

The number shown is the Singapore company registration number, not a licence number.

Official record ↗

OANDA Japan Inc.

Japan · JFSA

Active
Regulators
JFSA
Licence / registration number
2137

Client protection

Japanese financial-instruments, commodity-derivatives, margin-trust and dispute-resolution rules apply. Coverage does not include ordinary market losses.

View protection details

Japanese financial-instruments, commodity-derivatives, margin-trust and dispute-resolution rules apply. Coverage does not include ordinary market losses.

Member of the Financial Futures Association of Japan, Japan Securities Dealers Association and Commodity Futures Association of Japan.

Official record ↗

Trading conditions

Spreads from
0.6 pips
Max leverage
1:200
Execution
OANDA derives prices from liquidity providers and relevant refe…
Commission
Not available
Platforms
OANDA Web · OANDA Mobile · MT4 · MT5 · TradingView
Minimum deposit
No minimum deposit or minimum balance is required for a UK account or a Standard OANDA Global Markets account. Premium tiers and some regional products have separate qualification thresholds.
Spreads
The UK pricing page publishes EUR/USD spreads from 0.6 pips. Spreads are variable and depend on instrument, trade size, market liquidity, platform and entity.
Commissions and other charges
Most UK FX and index CFD costs use spreads plus overnight financing and possible currency conversion. UK share and ETF CFDs charge 0.06% of notional on opening and 0.06% on closing. Other entities and account tiers differ.
Execution and pricing
OANDA derives prices from liquidity providers and relevant reference markets, applies product-specific adjustments, and fills orders at its best available price. Slippage and market gaps remain possible.
Maximum verified leverage
Up to 1:200 for qualifying Australian professional clients and selected tier-one positions under OANDA Global Markets. UK retail major-FX leverage is capped at 1:30. Actual leverage is entity-, product-, size- and classification-specific.
Margin close-out
The verified UK and OANDA Global Markets rules use a 50% maintenance threshold, but liquidation differs by sub-account. V20 may close all open positions, while OANDA One and OANDA Global Markets generally close the largest losing positions first.

Leveraged FX and CFDs can cause rapid losses. On the verification date, OANDA Europe disclosed that 76.6% of retail CFD accounts lost money. The figure and protections are entity-specific and may change.

Payments

Deposits

2 methods
MethodMinimumProcessingFee
Visa or Mastercard debit and credit cards for eligible UK accountsGBP · EUR · USDNo minimumUsually immediateOANDA charges no deposit fee
Faster Payments, BACS, CHAPS, SWIFT or SEPA transferGBP · EUR · USDNo minimum2 business daysOANDA charges no incoming transfer fee

Withdrawals

2 methods
MethodMinimumProcessingFee
Refund to the original cardGBP · EUR · USDNo minimumProcessed automaticallyOANDA charges no card withdrawal fee
Transfer to a verified same-name bank accountGBP · EUR · USDNo minimum2 business daysOANDA charges no bank-withdrawal fee

Accounts or cards must be in the client’s name. Availability, limits and checks depend on the contracting entity.

Promotions

Active offers and promotions from OANDA

No verified active promotions.

Sources and audit trail

Last verified: Aug 1, 2026

  1. OANDA Group history and officesAug 1, 2026
  2. OANDA division and entity guideAug 1, 2026
  3. NFA BASIC search and OANDA regulatory recordAug 1, 2026
  4. MAS directory: OANDA Asia PacificAug 1, 2026
  5. OANDA Japan company and licence detailsAug 1, 2026
  6. OANDA UK pricing and executionAug 1, 2026
  7. OANDA UK charges and commissionsAug 1, 2026
  8. OANDA UK platform comparisonAug 1, 2026
  9. OANDA UK margin and close-out rulesAug 1, 2026
  10. OANDA Australia account types and leverageAug 1, 2026
  11. OANDA Europe deposit methodsAug 1, 2026
  12. OANDA Europe withdrawal methodsAug 1, 2026
  13. OANDA Europe client-money protectionAug 1, 2026
  14. OANDA Canada client-money and CIPF protectionAug 1, 2026

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