United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Sweden
Portugal
Denmark
Indonesia
Finland
Cyprus
Japan
OANDA review
6 licensed entities · oanda.com
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Coinish Score
71/100
Forex in Canada
Editor Rating
3.5/5
Forex in United States
EUR/USD cost
0.6 pips
In short
- Licensed by CFTC / NFA, FCA and ASIC and 3 more.
- 6 licensed companies, so the one you sign up with depends on where you live.
- Offers forex, CFDs, with 1,700+ instruments.
- Trade on OANDA web platform, OANDA mobile app and TradingView.
- Offers a demo account.
What it costs
| EUR/USD all-in cost | 0.6 pips, spread-only (EUR/USD from 0.6 pips, no commission); UK site |
|---|---|
| Inactivity fee | $20/month |
| Withdrawal fee | Not verified yet |
| Minimum deposit | $0 (OANDA Corporation) |
How we rated it · Forex in United States (OANDA Corporation)
Computed from verified facts only, with published thresholds. 85% of the rating weight is backed by data. Method →
- Regulation & safety 25%4.3
- Trading costs 25%3.0
- Markets & products 15%3.0
- Platforms & tools 10%5.0
- Deposits & withdrawals 10%4.0
- Account options 5%not scored
- Support 10%not scored
73
Strong
Market Signal
✓ Real dataComputed from Ahrefs + Semrush data about OANDA’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →
Market strength
83
Where it stands today
Momentum
40 Cooling ↓
Where it’s heading
Data confidence
High
How much to trust it
- Traffic strength85
- Search visibility80
- Authority84
- Brand & market presence79
Tick mark = category average.
Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.
Who holds your account
The company you sign up with depends on where you live. Its regulator decides your protections.
| Entity | Regulator | Licence | Serves | CFD loss % |
|---|---|---|---|---|
| OANDA Corporation | CFTC / NFA Tier 1 | NFA 0325821 | United States inferred from the licence | – |
| OANDA Europe Limited | FCA Tier 1 | 542574 | United Kingdom inferred from the licence | – |
| OANDA Australia Pty Ltd | ASIC Tier 1 | 412981 | Australia inferred from the licence | – |
| OANDA (Canada) Corporation ULC | CIRO Tier 1 | Not verified yet | Canada inferred from the licence | – |
| OANDA Global Markets Ltd | FSC BVI Tier 3 (offshore) | SIBA/L/20/1130 | Client scope not verified | – |
| OANDA証券株式会社 (OANDA Securities Japan) | JFSA Tier 1 | 関東財務局長(金商)第2137号 | Japan listed in the regulator's register | – |
Platforms, funding and support
| Products | Forex, CFDs |
|---|---|
| Owner | FTMO (acquired OANDA Global Corporation from CVC, Dec 2025) |
| Instruments | 1,700+ |
| Platforms | OANDA web platform, OANDA mobile app, TradingView, MT4, MT5 |
| Deposit methods | Debit card, Bank wire transfer, ACH |
| Withdrawal time (stated) | bank wire: 1–2 business days in the US, up to 5 internationally |
| Demo account | Yes |
| Support | Not verified yet |
OANDA ratings by country (9)
We rate OANDA separately on each of the 9 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.
| Country | Product | Entity | Access | Rating |
|---|---|---|---|---|
| United States | Forex | OANDA Corporation | Locally licensed | 3.5/5 |
| Australia | Forex | OANDA Australia Pty Ltd | Locally licensed | 3.5/5 |
| Australia | CFDs | OANDA Australia Pty Ltd | Locally licensed | 3.5/5 |
| Canada | Forex | OANDA (Canada) Corporation ULC | Locally licensed | 3.5/5 |
| Canada | CFDs | OANDA (Canada) Corporation ULC | Locally licensed | 3.5/5 |
| Japan | Forex | OANDA証券株式会社 (OANDA Securities Japan) | Locally licensed | 3.5/5 |
| Japan | CFDs | OANDA証券株式会社 (OANDA Securities Japan) | Locally licensed | 3.5/5 |
| United Kingdom | Forex | OANDA Europe Limited | Locally licensed | 3.4/5 |
| United Kingdom | CFDs | OANDA Europe Limited | Locally licensed | 3.4/5 |
Compare OANDA
How OANDA stacks up against the brokers people most often weigh it against.
Ready to look at OANDA? Check which company would serve you before you open an account.
Visit OANDASources (26)
Licence / entity · regulator register · connectonline.asic.gov.au · Oct 7, 2026
“ASIC AFS licensee register (afs_lic_202610.csv): AFSL 412981 — OANDA AUSTRALIA PTY LTD, licensed since 26/03/2012”
Licence / entity · broker's own site · oanda.com · Oct 13, 2026
“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”
Licence / entity · broker's own site · oanda.com · Oct 15, 2026
“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”
Licence / entity · broker's own site · oanda.com · Oct 15, 2026
“OANDA (Canada) Corporation ULC is regulated by the Canadian Investment Regulatory Organization (CIRO)”
Licence / entity · broker's own site · oanda.com · Oct 15, 2026
“customer accounts are protected by the Canadian Investor Protection Fund within specified limits”
Licence / entity · broker's own site · oanda.com · Oct 6, 2026
“OANDA Global Markets Ltd is a company registered in BVI number 2026433”
Licence / entity · broker's own site · oanda.com · Oct 6, 2026
“It is authorised and regulated by the BVI Financial Services Commission, number: SIBA/L/20/1130”
Platforms · broker's own site · oanda.com · Oct 6, 2026
“Choose between TradingView, MT5, MT4, or our award-winning web platform and mobile app”
Markets · broker's own site · oanda.com · Oct 6, 2026
“Explore 1,700+ CFDs across forex, shares, ETFs, indices, commodities, bonds and metals”
Costs · broker's own site · oanda.com · Oct 6, 2026
“Our spreads start from just 0.6 pips on EUR/USD”
Accounts · broker's own site · oanda.com · Oct 6, 2026
“Demo account”
Funding · broker's own site · oanda.com · Oct 12, 2026
“Automated Clearing House (ACH) ... Bank wire transfer ... Debit card”
Licence / entity · broker's own site · oanda.com · Oct 5, 2026
“OANDA Corporation”
Licence / entity · broker's own site · oanda.com · Oct 6, 2026
“OANDA Europe Limited”
Licence / entity · broker's own site · oanda.com · Oct 5, 2026
“OANDA Australia Pty Ltd”
Licence / entity · broker's own site · oanda.com · Oct 5, 2026
“OANDA (Canada) Corporation ULC”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“OANDA Corporation”
apps · broker's own site · play.google.com · Oct 14, 2026
“OANDA - Forex trading broker”
Funding · broker's own site · oanda.com · Oct 12, 2026
“It takes between one and two business days to withdraw funds via bank wire transfer within the US and up to five business days for international withdrawals.”
Licence / entity · broker's own site · oanda.com · Oct 6, 2026
“as a retail client you can’t lose more than the funds available on your account due to negative balance protection”
Costs · broker's own site · oanda.com · Oct 14, 2026
“An inactivity fee is a monthly charge of 20 USD that is levied on your account if there has been no trading activity for a period of 12 months.”
Licence / entity · broker's own site · oanda.com · Oct 12, 2026
“There is no minimum or maximum deposit limit”
Owner · broker's own site · oanda.com · Oct 15, 2026
“FTMO, the global leader in modern prop trading, has completed the acquisition of OANDA Global Corporation”
Licence / entity · regulator register · fsa.go.jp · Oct 29, 2026
“B: 関東財務局長(金商)第2137号 | C: 39874 | D: ＯＡＮＤＡ証券株式会社”
Licence / entity · broker's own site · oanda.jp · Oct 29, 2026
“OANDA証券株式会社 第一種 金融商品取引業 関東財務局長 (金商) 第2137号”
Licence / entity · broker's own site · oanda.jp · Oct 29, 2026
“FX、CFDのトレードならOANDA証券株式会社”