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Score
United States
Regulated in Australia
Market Maker (MM)
MT4 Full License
Global Business
High potential risk
Benchmark
Capital Ratio
Influence
Add brokers
Comparison
Quantity 110
Exposure
Score
Regulatory Index9.52
Business Index9.27
Risk Management Index0.00
Software Index9.92
License Index9.51
Single Core
1G
40G
Sanction
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Company Name
OANDA Corporation
Company Abbreviation
OANDA
Platform registered country and region
United States
Number of employees
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Capital
Higher than 90% Japanese brokers $3,604,651(USD)
OANDA Broker Overview | |
Feature | Details |
Founded | 1996 |
Registered Country/Region | United States |
Regulation | ASIC, FCA, FSA, NFA, CIRO, MAS |
Market Instruments | Forex, Cryptocurrencies, Commodities, Indices |
Demo Account | Available |
Leverage | Up to 50:1 for Forex, No leverage for Cryptos |
Spread | From 0.1 pips (depending on account type) |
Trading Platforms | OANDA Web Platform, MetaTrader 4, TradingView, Mobile Apps |
Minimum Deposit | No minimum deposit (Premium account requires USD 20,000 minimum) |
Customer Support | Office: 17 State Street, Suite 300, New York, NY 10004-1501 |
OANDA is a global online trading platform that was established in 2001 and is registered in the United States. It is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). OANDA provides trading services in a variety of markets, including Forex, cryptocurrencies, commodities, and indices.
The platform is widely recognized for its low spreads, user-friendly tools, and robust educational resources. These features make it suitable for both beginner and experienced traders. OANDA also offers demo accounts, allowing users to practice trading with virtual funds before trading with real money.
For Forex trading, OANDA provides flexible leverage options. Traders can access the platform through MetaTrader 4 (MT4), TradingView, or its own proprietary OANDA trading platform, giving them multiple options to execute their trades.
OANDA is a well-regulated broker with oversight from several major financial regulatory bodies. Here's a summary of OANDA's regulatory information:
Regulatory Agency | Status | License Type | Regulatory Jurisdiction | License Number | Licensed Entity |
Australian Securities and Investments Commission (ASIC) | Regulated | Market Maker (MM) | Australia | 412981 | OANDA AUSTRALIA PTY LTD |
Financial Conduct Authority (FCA) | Regulated | Market Maker (MM) | United Kingdom | 542574 | OANDA Europe Limited |
Financial Services Agency (FSA) | Regulated | Retail Forex License | Japan | 関東財務局長(金商)第2137号 | OANDA証券株式会社 |
National Futures Association (NFA) | Regulated | Market Maker (MM) | United States | 325821 | OANDA CORPORATION |
Canadian Investment Regulatory Organization (CIRO) | Regulated | Market Maker (MM) | Canada | Unreleased | OANDA (Canada) Corporation ULC |
Monetary Authority of Singapore (MAS) | Regulated | Retail Forex License | Singapore | Unreleased | OANDA ASIA PACIFIC PTE. LTD. |
OANDA offers a variety of tradable instruments, including:
Market Instrument | Available? |
Forex | ✅ |
Cryptocurrencies | ✅ |
Commodities | ✅ |
Indices | ✅ |
Stocks | ❌ |
ETFs | ❌ |
Options | ❌ |
OANDA provides several account types tailored to different needs:
Account Type | Minimum Deposit | Leverage | Spreads | Commission |
Standard Account | No minimum | Up to 50:1 (Forex) | From 0.1 pips | None |
Premium Account | USD 20,000+ | Up to 50:1 (Forex) | From 0.1 pips | Discounts on Spreads |
Demo Account | None | None | Virtual funds | None |
OANDA supports multiple trading platforms to cater to various user preferences:
Platform | Device | Target Audience |
OANDA Web Platform | Web (Desktop, Mobile) | Beginner to Advanced Traders |
MetaTrader 4 (MT4) | Desktop, Mobile, Tablet | Advanced Traders (Automated Trading) |
TradingView | Web (Desktop, Mobile) | Chart Enthusiasts, Advanced Traders |
OANDA Mobile App | Mobile | On-the-Go Traders |
OANDA supports a variety of deposit and withdrawal methods:
Deposit Method | Fees | Processing Time |
Bank Wire Transfer | No fees from OANDA | 1-3 business days |
Debit Card (Visa/Mastercard) | No fees from OANDA | Immediate |
ACH Transfer | No fees from OANDA | Immediate (for Instant ACH) |
Risk Disclaimer: Trading involves significant risk, and it is not suitable for everyone. You should only trade with money that you can afford to lose. Please ensure you understand the risks involved and seek independent advice if necessary. OANDA offers leverage on Forex, but be aware that leverage can magnify both gains and losses. Always trade responsibly.
Ready to start trading with OANDA? Open an account today and take advantage of their competitive spreads and advanced trading tools.
OANDA is a global forex and CFD broker with many years of presence and multiple regulatory licences. Yet, despite its regulated image, it has attracted a significant number of complaints from traders.
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OANDA Japan will implement mandatory 2FA using Google Authenticator in 2025 to boost trading platform security, protecting against phishing and SIM swap attacks.
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