What We Do | Understanding More About Us | OANDA (2024)

© 1996 - 2024 OANDA Corporation. All rights reserved. "OANDA", "fxTrade" and OANDA's "fx" family of trademarks are owned by OANDA Corporation. All other trademarks appearing on this website are the property of their respective owners.

Financial spread betting is only available to OANDA Europe Ltd customers who reside in the UK or Republic of Ireland. CFDs, MT4 hedging capabilities and leverage ratios exceeding 50:1 are not available to US residents. The information on this site is not directed at residents of countries where its distribution, or use by any person, would be contrary to local law or regulation.

OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. No: 0325821. Please refer to the NFA's FOREX INVESTOR ALERT where appropriate. OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.

Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA’s regulatory oversight and examinations.

OANDA (Canada) Corporation ULC accounts are available to anyone with a Canadian bank account. OANDA (Canada) Corporation ULC is regulated by the Investment Industry Regulatory Organization of Canada (IIROC), which includes IIROC's online advisor check database (IIROC AdvisorReport), and customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.

OANDA Europe Limited is a company registered in England number 7110087, and has its registered office at Dashwood House, 69 Old Broad Street, London EC2M 1QS. It is authorised and regulated by the Financial Conduct Authority, No: 542574.

OANDA Asia Pacific Pte Ltd (Co. Reg. No 200704926K) holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore.

OANDA Australia Pty Ltd is regulated by the Australian Securities and Investments Commission ASIC (ABN 26 152 088 349, AFSL No. 412981) and is the issuer of the products and/or services on this website. It's important for you to consider the current Financial Service Guide (FSG), Product Disclosure Statement ('PDS'), Account Terms and any other relevant OANDA documents before making any financial investment decisions.

OANDA Japan Co. Ltd. Type I Financial Instruments Business (Director-General of Kanto Local Financial Bureau (Kinsho) Registration No. 2137)/ Commodity Futures Trading Dealers.

OANDA Global Markets Ltd is a company registered in BVI number 2026433, and has its registered office at Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands. It is authorised and regulated by the BVI Financial Services Commission, number: SIBA/L/20/1130.

OANDA TMS Brokers S.A. (formerly Dom Maklerski TMS Brokers S.A.) with its registered office in Warsaw, at Zlota 59 Street, registered by the District Court for the Capital City of Warsaw in Warsaw, XII Commercial Division of the National Court Register under KRS number 0000204776, NIP number 5262759131, Initial capital: PLN 3,537.560 paid in whole. OANDA TMS Brokers S.A. is subject to the supervision of the Polish Financial Supervision Authority on the basis of an authorization of April 26, 2004 (KPWiG-4021-54-1/2004).

OANDA Labs Assessment Limited. OANDA Labs Assessment Limited Company Registration Number: C 106331, 171, Old Bakery Street, Valletta, VLT 1455, Malta. None of the services provided are considered investment or financial services in accordance with applicable laws, and therefore, no regulatory authorisation, regulation or supervision by a regulatory authority is required or held.

OANDA Coinpass Limited (trading as OANDA Crypto) is a company registered in England number 11164834, and has its registered office at Dashwood House, 64 Old Broad Street, London EC2M 1QS. It is registered under the UK’s Money Laundering regulations as a UK crypto asset firm by the Financial Conduct Authority, No: 921481 in respect of activities in crypto assets.

OANDA Business Information and Services Inc. (trading as OANDA FX Data Services). A Delaware company located at 17 State St, suite 300, New York, NY 10004.

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What We Do | Understanding More About Us | OANDA (2024)

FAQs

What is the mission statement of OANDA? ›

OANDA's core mission is centered around providing transparent and reliable access to the global financial markets for both retail and institutional clients.

Is OANDA a legit broker? ›

Fully regulated broker

We are a fully regulated forex broker, with offices in nine regions globally. We support regulatory oversight of the retail trading industry and the protection of our clients. Margin requirement will depend on the amount of leverage allowed.

Is OANDA legal in the US? ›

OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.

Who is OANDA regulated by? ›

Governed by the National Futures Association (NFA), OANDA Corporation establishes margin rates and maximum leverage at their discretion.

How much money do you need for OANDA? ›

There is no minimum deposit amount. Note: you can only deposit up to 50% of your net worth.

How much money do you need to start trading with OANDA? ›

There is no minimum deposit or minimum balance required to open or maintain an OANDA account. You will, however, need funds on your account in order to open positions. Still have questions? Chat with an agent.

Does OANDA charge a monthly fee? ›

You will be charged a monthly fee of 10 units of the currency in which your account is denominated when there are no open trades in your account for a period of at least 12 months. For example, if your account is in USD, you will be charged 10 USD.

Is my money safe in OANDA? ›

Your Margin Account with OANDA is not insured under any state or federal insurance program, or by any other entity. In the event OANDA should become insolvent or file for protection under the bankruptcy laws, it is possible that you would lose the entire amount in your Margin Account.

Is it easy to withdraw from OANDA? ›

It is simple and straightforward to deposit and withdraw funds to and from your OANDA trading account. Funds can be deposited using a debit card (backed by MasterCard, Visa or Discover), wire transfer and ACH bank transfer. You can withdraw funds with the same method you used to make the deposit.

Why can't I withdraw from OANDA? ›

The name and address on your OANDA account must match the name and address on the bank account you would like the withdrawal to be processed to. Processed to the same country, in the same currency as the original deposit.

What banks does OANDA accept? ›

All major banks are available. Prepare your bank login credentials before you proceed. OANDA does not keep or record your bank account details. No fees: All bank transfer deposits are free of charge and OANDA does not apply any fees.

Does OANDA report to the IRS? ›

OANDA does not report taxes on behalf of our clients, and as such, we do not provide any tax forms relating to profit/loss on your account (e.g. 1099-B form). Your annual account statement may help you with your tax reporting. You can download your annual account statement from the HUB by clicking on Statements .

Does OANDA take US clients? ›

Residents of the United States and its territories may apply for an OANDA Corporation account. We cannot accept applications from third parties. To get more information about our specific divisions , visit our website .

How much can you withdraw from OANDA? ›

Withdrawing by debit card: what should I know? OANDA can process up to 100% of the original deposited amount back to a debit card. Any trading profits or amount beyond this limit can be withdrawn via wire transfer.

Is OANDA free? ›

A free trial account gives you instant access to exchange rates for unlimited quote currencies for 7 days.

What type of broker is OANDA? ›

OANDA accepts U.S. clients, making it one of the few global online forex brokers to do so. An abundance of relevant tools and resources, including Dow Jones FX Select news and various types of calculators, make fxTrade an excellent trading platform.

How does OANDA make money? ›

OANDA Pricing. As a forex broker, OANDA makes its money from variable dealing spreads instead of charging a flat-rate commission. When you view exchange rates for a particular currency pair via OANDA's platforms, you'll generally see 2 rates listed — a “buy” rate and a “sell” rate.

Where does OANDA get its rates from? ›

The exchange rates provided by OANDA are averages from the global foreign exchange market gathered from frequently updated sources, including our OANDA fxTrade currency trading platform, leading market data vendors, and contributing financial institutions.

What is OANDA trading platform? ›

OANDA Trade web platform

Superior trading technology and fast execution speeds help ensure that you can react to fast moving prices, especially during volatile periods. Take advantage of market volatility with faster trading times. View a snapshot of pending orders and current positions with innovative trading tools.

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