OANDA

Licences in the UK, Australia, Singapore and the British Virgin Islands were confirmed on the regulators’ registers, and the US company’s NFA membership in an NFA decision. OANDA also discloses licences in Canada, Poland and Japan.

• StrengthOANDA Europe Limited has been authorised by the FCA since 17 May 2011 (FRN 542574) and may hold client money.
• StrengthOANDA Australia Pty Ltd holds ASIC licence AFSL 412981, and OANDA Asia Pacific Pte. Ltd. is a Capital Markets Services licensee for over-the-counter derivatives in the MAS directory.
• StrengthOANDA Corporation is an NFA member, futures commission merchant and retail foreign exchange dealer (NFA ID 0325821), a member of NFA since March 2003.
• StrengthOANDA TMS Brokers S.A. in Poland holds a KNF authorisation of 26 April 2004 as disclosed by OANDA; the Maltese regulator’s register lists its EU passport into Malta as authorised, and the KNF raised no objection to its acquisition by Oanda Malta Holdings Ltd in March 2021.
• MediumThe group also operates OANDA Global Markets Ltd, which the BVI Financial Services Commission lists as a currently regulated entity, outside the main retail protection regimes. It operates OANDA’s international site, offered in languages including Bahasa Indonesia, Thai, Vietnamese, Spanish, Portuguese and Chinese.
• ObservationThe licences of the Canadian and Japanese companies are taken from the firm’s own disclosures.

The group is privately held. FTMO completed its purchase of OANDA Global Corporation from CVC Asia Fund IV on 1 December 2025, and FTMO’s two founders are registered as persons with significant control of the UK company. The UK company files full accounts at Companies House.

• StrengthOANDA published FTMO’s announcement that it completed the acquisition of OANDA Global Corporation from CVC Asia Fund IV on 1 December 2025 after approvals from five regulators; the price was not disclosed.
• StrengthThe UK Companies House register lists Otakar Šuffner and Marek Vašíček, each holding more than 25% but not more than 50%, as persons with significant control of OANDA Europe Limited from 1 December 2025.
• ObservationOANDA Europe Limited filed full accounts for 2025 at Companies House on 29 September 2026. Consolidated accounts for the group were not found in the public domain.

UK clients are covered by the FSCS and UK retail clients have negative balance protection, and OANDA states that Canadian accounts are covered by the Canadian Investor Protection Fund. Clients of the BVI company have no compensation scheme and are liable for negative balances.

• StrengthOANDA Europe Limited’s terms state that client money is held in segregated accounts under the FCA’s client money rules, that the company is covered by the FSCS, and that retail clients’ liability is limited to the funds in their account.
• MediumOANDA Global Markets Ltd’s retail terms state that client money is held in a segregated account but that “All negative balances are payable”; no compensation scheme applies.
• ObservationOANDA states that forex accounts with OANDA Corporation in the US are not protected by SIPC and receive no preference in a bankruptcy under the CFTC’s rules.

Not assessed in a desk audit. Spreads, slippage and fill quality can only be measured with live accounts.

The NFA fined OANDA Corporation $600,000 in May 2025 and required restitution to customers, after a 2021 settlement with a $200,000 fine. No enforcement against the group’s other companies was found.

• HighOn 29 May 2025 the NFA’s Business Conduct Committee accepted a settlement from OANDA Corporation, which neither admitted nor denied the allegations, and fined it $600,000. The committee found violations of NFA financial requirements on net capital and security deposits, and of its rules on fair dealing, promotional material and supervision, including a pricing display problem on a third-party platform that caused monetary harm to some customers. OANDA agreed to make a good faith effort to pay restitution of up to $428,592.26.
• MediumOn 1 April 2021 the NFA fined OANDA Corporation $200,000 on a settlement, finding that it failed to submit accurate daily forex reports to the NFA and failed to supervise.
• ObservationOANDA Global Markets Ltd offers 200:1 leverage and a “Double Welcome Bonus” of up to $888 per bonus to new clients, and OANDA’s US site advertises a welcome bonus. Under our methodology offshore incentives are recorded but not scored where lawful.

Not assessed in a desk audit. Uptime, incident history and security controls require evidence from the firm or live monitoring.

No Great Place to Work certification and no community programme were found in public sources.

• ObservationNo Great Place to Work certification or community programme was found in public sources.