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Oanda Review

 

Oanda Review

OANDA is a global, multi-asset retail brokerage that was founded in 1995 by economists Dr Michael Strumm and Dr Richard Olsen. The New-York based fintech company markets itself as “doing all things currency”. This includes fast and reliable trade execution for institutions and individuals seeking to trade the retail forex and CFD markets. OANDA is widely-acclaimed and regulated by six top-tier authorities. It provides a wealth of research tools and market analysis and excellent options for algorithmic trading.

 

 

OANDA at a glance

 

 

Questions Answers
Broker Name OANDA
Broker Website Address https://www.oanda.com/bvi-en/
Support Email Address [email protected]
Phone Toll Free # per region (# will be routed to the active CX desk globally)
-Canada: 1 877 626 3239
-Australia: 13000 62632
   
Chat Support https://oanda.secure.force.com/LiveChatSelection?InitLanguage=en_US&LanguagePreference=en_US&Department=select
Chat support languages available English, Mandarin, Spanish, German
Live Chat Available Yes https://oanda.secure.force.com/?language=en_US
Whatsapp Number No
Telegram Username No
Skype Username No
   
Support Form URL
Social Media
Facebook URL https://www.facebook.com/OANDAfx/
Twitter URL https://twitter.com/oanda
LinkedIn URL https://www.linkedin.com/company/oanda/mycompany/
Instagram URL https://www.instagram.com/oanda/
Pinterest URL
Youtube URL https://www.youtube.com/oanda
Anything not listed above
   
Company Name OANDA Global Markets (parent company is OANDA Corporation)
Year Founded 1995
Headquarter Toronto, Canada
Is this broker public listed? If yes, where? No
   
Demo Account Available: Yes
Minimum Deposit No minimum
Minimum Withdrawal No minimum
   
Maximum Leverage 1:200
Minimum Spread (Core pricing) 0
Average Spread (Core pricing) 0,6
Average Spread on EUR/USD (Pips) (Core pricing) 0,6
EA/Robotrading allowed? Yes`
Hedging Allowed? Yes
Scalping Allowed? Yes
Negative Balance Protection?  
Swap Free/Islamic Account available? Yes
Social Copy Trading Available?  
Commissions and Fees -$40/Mil commission for Core pricing
-Spread based pricing
Available Base Currencies USD, EUR, HKD, SGD
Regulated by (eg. CYSEC, FSA) ASIC, FCA, IIROC, MFS, FIBO, BVIFSC, NFA and MAS.
Countries not accepted Can be found on the affiliate website
Broker Type (eg. Market Maker, STP, Direct Market Access, ECN) Market Maker
Pairs Offered: All major 
Funding Methods: Visa, Mastercard, Skrill, Neteller and various Alternate Payment Methods*
Number of Trading Instruments 126 instruments
Available Trading Instruments  
a. FX EUR/USD, USD/JPY, GBP/USD, USD/CHF, EUR/JPY, EUR/CHF, EUR/GBP, GBP/JPY, GBP/CHF, AUD/USD, NZD/USD, USD/CAD, AUD/JPY, CAD/JPY, CHF/JPY, NZD/JPY, AUD/CAD, AUD/CHF, AUD/NZD, EUR/AUD, EUR/CAD, GBP/AUD, GBP/CAD, CAD/CHF, EUR/NOK, EUR/NZD, EUR/SEK, GBP/NZD, NZD/CAD, USD/NOK, USD/SEK, NZD/CHF, USD/MXN, USD/CNH, USD/HKD, USD/SGD, SGD/JPY, USD/TRY, USD/ZAR
b. Indices Aus 200, China A50, EU 50, Fra 40, Ger 30, HK 50, India 50, Japan 225, Nel 25, SG 30, Twix, UK 100, US Nas 100, US Russ 2000, US SPX 500, US Wall St. 30, Switzerland 20, Spain 35, China H Shares, Sweden 30
c. Bullion XAU/USD, XAG/USD
d. Commodities Brent Cruide Oil, West Texas Oil, Copper, Nat Gas
   
Available Payment Options (eg. Neteller) Visa, Mastercard, Skrill, Neteller and various Alternate Payment Methods via SafeCharge*
Available Trading Platforms MT4, MT5 desktop, web and mobile
a. Web Web MT4, MT5
b. Mobile Platform Mobile MT4, MT5
.  
.  
   
Number of active clients ~100k Globally
Dealing Desk (Yes/No): No
Web Trading (Yes/No): Web MT4, MT5
Managed Accounts (Yes/No): No
   
Educational content Taiwan, yes – https://oanda-tw.com/ 
Frequently Asked Questions 5 unique questions with 5 unique answers
https://oanda.secure.force.com/?language=en_US&when=t1611541505746#!/
   
   

 

 

OANDA FAST FACTS

 

 

Founded 1995
Founders Co-founded by Dr Michael Stumm, a professor of Computer Engineering at the University of Toronto, and Dr Richard Olsen of The Olsen Ltd, a leading econometric research and development firm.  
Company name OANDA Group Corporation  
Registered as   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.  
Headquarters New York, United States  
Chief Executive Officer Gavin Bambury  
Subsidiaries OANDA Asia Pacific Pte Ltd. (Singapore) OANDA (Canada) Corporation ULC (Canada) OANDA Europe Limited (United Kingdom) OANDA Japan Inc. (Japan)  
Total funding $117 million  

 

 

What is OANDA?

 

 

OANDA uses new-age financial technology to provide Internet- and mobile-based forex and CFDs trading opportunities and currency information services for individuals and institutions. OANDA is a market maker and a trusted source of currency data.

 

 

OANDA is not a bank. It’s a private fintech company and is not listed on any stock exchange. Founded in 1996, OANDA is regulatory-compliant and a trusted forex and CFDs brokerage. The New York-based brokerage is licensed and regulated by six of the most important international authorities in the world.

 

 

OANDA is focused on four primary services:

 

 

OANDA.com

 

 

Currency information, tools and resources for investors, businesses and travellers.

 

 

fxTrade

 

 

A fair, transparent, low-cost and flexible forex trading platform for online retail traders, investment managers, financial institutions and corporations; comprises MetaTrader 4 for desktop and web browsers and OANDA’s own mobile trading app.

 

 

Forex Blog

 

 

RSS feeds and daily market reports from OANDA’S resident currency analysts.

 

 

OANDA Research and Innovation

 

 

Hub for the development of trading innovation, product design and next-generation trading technology.

 

 

Is OANDA regulated?

 

 

Yes, OANDA is regulated by 6 tier-1 authorities across 5 continents.

 

 

The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC’s role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors.

 

 

The Investment Industry Regulatory Organization of Canada (IIROC) is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. IIROC sets high-quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.

 

 

The Financial Services Agency is a Japanese government agency and an integrated financial regulator responsible for overseeing banking, securities and exchange and insurance sectors in order to ensure the stability of the financial system of Japan. The agency operates with a Commissioner and reports to the Minister of State for Financial Services. It oversees the Securities and Exchange Surveillance Commission and the Certified Public Accountants and Auditing Oversight Board.

 

 

The Monetary Authority of Singapore is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance.

 

 

The Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government. The FCA focuses on the regulation of financial services firms  in the retail and wholesale financial markets.

 

 

The Commodity Futures Trading Commission is an independent agency of the US government created in 1974, that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options.

 

 

Is OANDA regulated in South Africa?

 

 

No, OANDA is not currently regulated in South Africa by the Financial Sector Conduct Authority (FSCA). OANDA is only allowed to offer it’s services in South Africa based on BVI regulation.

 

 

Is OANDA legit?

 

 

Yes, OANDA is a legitimate forex and CFDs broker and electronic trading platform. It is widely-acclaimed and regulated under license to perform forex broker and multi-asset trading services by top-tier authorities in the United States, United Kingdom, Asia and Australia.

 

 

Is OANDA a good broker?

 

 

OANDA is rated highly as a trusted broker in terms of providing excellent opportunities for algorithmic trading, pricing transparency and competitive spreads and state-of-the-art trading platforms as well as providing an impressive array of market analysis and educational tools.

 

 

OANDA has been in business for over 25 years and has a solid reputation for being regulatory compliant and a trusted global retail brokerage. The fintech company is regulated by six top-tier authorities across 5 continents and is regarded as safe to use by South Africa forex and CFDs retail traders.

 

 

Algorithmic trading

 

 

OANDA allows you to develop automated forex and CFDs trading strategies, access real-time trading capabilities and automate your forex, cryptocurrency, precious metals, CFDs bonds, indices and commodities trading using REST and FIX application program interfaces (APIs).

 

 

Pricing transparency and competitive spreads

 

 

In terms of pricing, OANDA performs on par or better than the industry standard. The brokerage is transparent about its costs and pricing options are easily found on OANDA’s website.

 

 

OANDA offers tight spreads on a wide range of global CFDs, including forex, indices, commodities and precious metals. The brokerage’s spreads start from just 1.1 points on the DE 30, 1 point on the UK 100 and 0.6 pips on USD/JPY and EUR/USD. OANDA offers Brent Crude Oil from 3.3 points and XAU/USD (Gold) from 30 cents.

 

 

OANDA offers two pricing options: spread-only and commission plus core spread. Their pricing models are clear and transparent. You can choose to pay the spread with our spread-only pricing option or access lower spreads with our commissions model.

 

 

Electronic trading platforms

 

 

OANDA offers clients four ways to trade the markets, including its proprietary platform which can be accessed via desktop and mobile smart devices. OANDA also offers the world’s most popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

 

 

Market analysis and education tools

 

 

OANDA offers an excellent array of economic analysis, real-time news feeds, Economic Calendar and advanced data analytics. It also provides a wealth of educational material in both written and video formats, along with webinars conducted by its expert staff and a comprehensive forex trading course for beginners which covers technical and fundamental analysis education.

 

 

  • Market news: OANDA offers a broad range of research for forex traders; including news headlines on OANDA’s MT4 or MT5 platform stream from Reuters, MarketPulse, MarketWatch, Mainichi and CNBC.

 

 

  • Premium content: Research content includes technical analysis, macroeconomic news, research from UBS, an Economic Calendar forecast from 4CAST and access to AutoChartist. The broker also offers Dow Jones Select for a monthly fee.

 

 

  • MarketPulse: OANDA’s MarketPulse site has content dedicated to news, research and analysis. OANDA’s mobile app, fxTrade, streams news from Dow Jones as well as the company’s blog.

 

 

What products does OANDA offer?

 

 

OANDA focuses on forex and CFDs trading for individual and institution traders and investors.

 

 

You can trade over 100 instruments including currency pairs, cryptocurrencies, commodities, indices, bonds and precious metals with no added commissions; where your only cost to trade is the spread.

 

 

OANDA product offering

 

 

Forex Yes 45 major and minor forex pairs, including EUR/USD and GBP/USD; spreads start from just 1 pip on USD/JPY and EUR/USD  
Bonds Yes    
Precious metals Yes Trade gold, silver and copper CFDs on the MT4 or MT5 platform  
Indices Yes You can take a position on a range of major global indices, including the UK 100, Germany 30, US Wall St 30 and France 40; spreads for Germany 30 and UK 100 start at just 1.1 points and 1 point respectively  
Commodities Yes Brent crude oil, copper, natural gas and West Texas oil; spreads are competitive and start from just 3.3 points for Brent Crude Oil  
Individual stocks No  
ETFs No  
Industry sectors No  
Cryptocurrencies No Cryptocurrency trading is available through CFDs but not available through trading the underlying asset (e.g. buying Bitcoin). Crypto CFDs are not available from any broker’s UK entity, nor to UK residents.  

 

 

 

What is the minimum deposit for OANDA?

 

 

There is no minimum deposit required for OANDA.

 

 

What leverage does OANDA offer?

 

 

OANDA offers a maximum leverage of 1:200 for major currency pairs. You are also allowed to cap leverage at 40:1, 30:1, 20:1, or 10:1.

 

 

OANDA supports trading with leverage. This means you can enter into positions larger than your account balance and trade without depositing the full value of your position in advance. The downside of leverage is it can result in significant, rapid losses to your capital.

 

 

OANDA takes a form of deposit against any losses that you may incur when you trade. This collateral is referred to as margin. The margin needed to open each trade is derived from the leverage limit associated with the size of the position and the instrument you wish to trade.

 

 

A 50:1 leverage ratio means that the minimum margin requirement for the trader is 1/50 = 2%. Therefore, a $50 000 trade would require you to put $1 000 up as collateral.

 

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

MT4

Crypto

No

Total Pairs

71

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

 

 

Does OANDA offer social trading?

 

 

Yes, OANDA offers social trading.

 

 

Does OANDA allow scalping?

 

 

Yes, OANDA does allow scalping. However, the above-average spreads make OANDA unsuitable for this trading strategy.

 

 

Does OANDA offer a demo account?

 

 

Yes, OANDA does offer a demo account.

 

 

 Does OANDA have Nasdaq?

 

 

Yes, OANDA offers trading in the US NASDAQ 100 US or Nasdaq 100 technology stock index, accessible as CFDs.

 

 

The NASDAQ Composite Index is arguably the most significant large-cap growth index in the world. The Index comprises 100 mega companies – domestic and foreign – listed on the premier index, the NASDAQ, aka US_Tech100.

 

 

The NASDAQ Composite Index (US_Tech 100) has outperformed the S&P 500 index 10 times over in the past 12 years (as at March 2024). By the end of 2019, the market capitalisation of the NASDAQ was $9.8 trillion. By 2024, that figure had increased substantially.

 

 

What trading platforms does OANDA offer?

 

 

OANDA has 3 electronic trading platforms:

 

 

MetaTrader 4 for web browser and desktop

 

 

MetaTrader 4 (MT4) is the world’s most popular electronic trading platform for retail forex and CFDs trading. It is a Windows-based electronic trading platform with automated trading capabilities.

 

 

OANDA clients must have a fxTrade account with an MT4 sub-account in order to access a licensed version of the MT4 platform that is hooked up to OANDA’s execution and spreads.

MetaTrader 5 for web browser and desktop

 

 

OANDA Mobile app

 

 

Access the full range of CFD markets from your mobile or tablet device. Features include advanced mobile charting functionality, trade confirmations, dozens of technical indicators, tools and more. Download the MT4 or MT5 mobile app from the Apple app store or Google Play.

 

 

How to open a trading account with OANDA

 

 

You don’t need to submit documentation for identity verification when you open a trading account and deposit up to US$9 000*.

 

 

Step 1: Apply for a live trading account

 

 

To apply, you must be over 18 years old. Answer a few questions that are relevant to your application and for regulatory purposes. Your application will be reviewed and approved by our onboarding team.

 

 

Step 2: Fund your account

 

 

Once your account has been approved by OANDA’s onboarding team, you can log in to your OANDA account and deposit, withdraw and transfer funds. This can be done using the transfers tab of your portal.

 

 

You can deposit funds into your OANDA account using a number of methods, including debit and credit cards, wallets and bank wire transfer.

 

 

There is no minimum deposit amount and you can deposit up to US$9 000 (or currency equivalent) using your OANDA account*.

 

 

Step 3: Start to trade with OANDA

 

 

You are now ready to place your first live trade using your OANDA account.

 

 

*Depositing more than US$9,000 (or USD equivalent)

 

 

If you want to deposit more than US$9 000 or equivalent in your OANDA account, you will need to provide further documentation such as a passport and current bank statement or similar proof of income.

 

 

If you are an existing client with access to the OANDA portal, you can upload these documents to your portal. If you are not an existing client, you will need to email your documents to [email protected].

 

 

Following receipt, a member of the OANDA onboarding team will review your documents. If acceptable, you’ll be notified once the funding restrictions have been removed from your account.

 

 

What types of accounts does OANDA offer?

 

 

OANDA offers two types of live trading accounts for retail traders and investors: Standard and Premium account.

 

 

The OANDA Standard and Premium accounts offer a range of benefits, including institution-grade execution, 24-hour/5-day week customer support (available when the markets are open) and a host of platform features and account advantages.

 

 

  Standard account Premium account
Minimum account deposit $0 $20 000 USD or equivalent
Dedicated relationship manager No Yes
MT4 or MT5 and mobile apps Yes Yes
Unlimited free wire transfers No Yes
MT4 or MT5 open order indicator Updates every 20 minutes Updates every 5 minutes
Priority service queues No Yes
Joint account Yes Yes
Corporate account Yes Yes

 

 

OANDA deposits and withdrawals

 

 

You can deposit, withdraw and transfer funds between your OANDA accounts by selecting My Funds in the Transfers section after you login into the OANDA site.

 

 

How to deposit money into an OANDA account

 

 

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.

 

 

You can fund your account using a number of different methods:

 

 

  • credit and debit card
  • bank wire and bank transfer
  • PayPal
  • Skrill
  • Neteller

 

 

The My funds page enables you to fund your account by bank wire, credit card, PayPal or cheque. If funding by bank wire, follow the steps below. Please note that OANDA cannot debit your bank account directly.

 

 

1. Sign in to My funds

 

 

To sign in to My fund easily in the future, bookmark this page.

 

 

2. Provide your bank account details

 

 

Select the sub-account to which you want to add funds. Next, click Deposit and then select the bank transfer method.

 

 

If you are sending bank wires for the first time, select the New Bank Account option from the Select a bank account drop-down list. We will also need a copy of your bank statement to confirm the account is held in your name.

 

 

3. Follow the bank instructions provided

 

 

To obtain custom instructions on how to send your funds, click the Proceed button. Please note that the custom instructions vary by currency; make sure you obtain a new set of instructions for each currency you send to OANDA.

 

 

4. Send your funds to OANDA

 

 

If you need to visit your bank to initiate a bank wire transfer; print out the instructions and bring them along with you.

 

 

5. Check your email

 

 

OANDA will send you an email when your funds are credited.

 

 

How to withdraw money from an OANDA account

 

 

OANDA returns all funds to source. If, for instance, you deposited using a credit card, you would need to withdraw funds back to that same card.

 

 

All withdrawals are subject to our hierarchy rules. If you have deposited funds using multiple methods, you must withdraw the total sum deposited by each means in a set order, for example: first by debit cards, then credit cards and finally bank wire transfer.

 

 

You can withdraw funds from your account via a number of different payment methods.

 

 

  • credit and debit card
  • bank wire transfer
  • PayPal
  • Skrill
  • Neteller

 

 

To withdraw your funds, please log in to your OANDA account.

 

 

Next, click on View located under Manage Funds.

 

 

Once you are in My Funds, you can withdraw and transfer funds between your OANDA sub-accounts.

 

 

 How many days do OANDA deposits and withdrawals take to process?

 

 

  1. Deposits

 

 

Deposits made using a credit or debit card will typically be visible on your account within one business day.

 

 

  • Withdrawals

 

 

Withdrawals to debit cards are only processed after all your debit card deposits have cleared. This on average takes around 1-3 business days from the date of your deposit. Your debit card provider may take additional time to complete your withdrawal.

 

 

What are the commission and trading fees of OANDA?

 

 

Commission OANDA offers two pricing options: spread-only and commission plus core spread. You can choose to pay the spread with a spread-only pricing option or access lower spreads with their commissions model.   OANDA’s core pricing spreads start from 0.1, with $40 commission per million USD traded.  
Financing fees OANDA applies an overnight financing fee (credit or debit) for positions kept open at 17h00 Eastern time.  
Inactivity fee OANDA does charge a fee on inactive trading accounts. You will be charged until one of the following conditions are met: you close your accountyou resume trading on your accountthe balance on your account is reduced to zero If you have resumed trading after inactivity fees have been levied, you can request a rebate of up to 3 months’ worth of the inactivity fees based on how many months you have been charged.  
Deposit fee OANDA does not a deposit fee via any method. Your bank or payment provider may charge you a transaction fee and international processing fee.  
Withdrawal fee OANDA does not charge a fee for withdrawal by credit or debit cards. Withdrawals by bank wire transfer will incur a fee. You may be charged a fee by your payment processor.  

 

 

What is an inactivity fee?

 

 

An inactivity fee is a monthly charge that is levied on your account if there has been no trading activity for a period of 12 months. Please note, inactivity fees will not be charged when there is an open position.

 

 

Levying of inactivity fees will not result in a negative balance on any of your trading accounts.

 

 

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

MT4

Crypto

No

Total Pairs

71

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

What are the contract specifications for forex and CFDs trading on OANDA platforms?

 

 

  1. Forex spread calculation

 

 

OANDA’s forex trading conditions display the standard bid-ask spread (pips) for forex instruments unless otherwise stated. Standard spreads are as stated under normal market conditions. Spreads can widen depending on market conditions.

 

 

  • Bid-Ask spread and commissions

 

 

OANDA is compensated through the bid-ask spread, except when otherwise stated. OANDA does not charge commissions on any trade.

 

 

  • Forex margin/leverage calculation

 

 

All instruments are traded on margin allowing you to leverage your positions. OANDA’s forex trading conditions display both margin and leverage amounts. Margin is displayed as a percentage (%) while leverage is displayed as a ratio.

 

 

  • Forex buy/sell overnight interest calculation

 

 

OANDA’s forex trading conditions display the Over-Night (O/N) interest rates charged/paid on a daily basis for holding a position open past our End of Day time. These rates are displayed in the Overnight Interest – Buy and Overnight Interest – Sell” columns.

 

 

Does OANDA offer a Welcome Bonus?

 

 

No, OANDA does not offer a welcome bonus when you sign up.

 

 

Can I start trading with no money in my OANDA Standard account?

 

 

No, you will need funds in your OANDA Standard account in order to open position. There is no minimum deposit or minimum balance required to open or maintain an OANDA account.

 

 

Open a demo account if you would like to practice trading forex and CFDs with OANDA without putting any of your own money into the account. You trade with ‘fake’ money on a demo account until you feel ready to start trading with real money in a OANDA Standard account.

 

 

Who is OANDA’s CEO?

 

 

Gavin Bambury is the Chief Executive Officer of OANDA Group Corporation and an executive director on the OANDA Board, based in London.

 

 

Since the start of his career some 25 years ago, Gavin has worked in a variety of leadership roles at some of the world’s leading financial institutions including Citibank, Deutsche Bank, ION Trading and most recently Integral Development Corporation. A seasoned professional, Bambury brings with him a deep-seated knowledge of financial technology and an unparalleled understanding of the trading sector.

 

 

Bambury holds a BA in Engineering and Computer Science from the University of Oxford.

 

 

Where is OANDA’s headquarters based?

 

 

The headquarter of OANDA is based in New York, United States.

 

 

Address: 10 Times Square, New York, NY 10018

 

 

Telephone: 1 212 858 7690

 

 

OANDA has representative offices in:

 

 

  • Toronto, Canada
  • London, United Kingdom
  • Frankfurt, Germany
  • Singapore, South Asia
  • Tokyo, Japan
  • Sydney, Australia
  • Krakow, Poland
  • Gzira, Malta

 

 

Does OANDA offer online customer support?

 

 

Yes, OANDA provides dedicated online Customer Service support for its forex traders via Live Chat on their website. Live Chat is available 24-hours a day on the 5 working days. You can also contact OANDA Customer Services via email or telephone.

 

 

What awards has OANDA received recently?

 

 

OANDA is a multi-award winning global retail brokerage.

 

 

2020 TradingView Broker Awards : Voted Most Popular Broker and Best Forex and CFD Broker  
2019 Investment Trends US FX Report 2019 : Highest Overall User Satisfaction  
2018 US Foreign Exchange Award : Highest Overall Client Satisfaction FX-Week e-FX Awards : Best Retail FX Platform  
2017 UK Forex Awards : Best Forex Trading Technology  

 

 

OANDA subsidiary companies

 

 

OANDA (Canada) Corporation ULC

 

 

Available to anyone with a Canadian bank account. Regulated by the Investment Industry Regulatory Organization of Canada (IIROC), which includes IIROC’s online advisor check database (IIROC Advisor Report), and customer accounts are protected by the Canadian Investor Protection Fund within specified limits.

 

 

OANDA Europe Limited

 

 

Registered in England number 7110087. Registered office at Floor 3, 18 St. Swithin’s Lane, London EC4N 8AD. Authorised and regulated by the Financial Conduct Authority, No: 542574.

 

 

OANDA Asia Pacific Pte Ltd (Co. Reg. No 200704926K)

 

 

Holds a Capital Markets Services License issued by the Monetary Authority of Singapore.

 

 

OANDA Australia Pty Ltd

 

 

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.

 

 

OANDA Japan Co., Ltd.

 

 

First Type I Financial Instruments Business Director of the Kanto Local Financial Bureau (Kin-sho) No. 2137 Institute Financial Futures Association subscriber number 1571.

 

 

OANDA Europe Markets Limited

 

 

Registered in Malta number C 95813. Has its registered office at 171, Old Bakery Street, Valletta. Authorised and regulated by the Malta Financial Services Authority as Category 3 Investment Services License Holder to provide services to the residents in the European Union.

 

 

OANDA Global Markets Ltd

 

 

Registered in BVI number 2026433. Has its registered office at Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands. Authorised and regulated by the BVI Financial Services Commission, number: SIBA/L/20/1130.

 

 

FOREX TRADING AFRICA DISCLAIMER

 

 

Forex is a complex instruments and trading forex involves a high risk of losing money rapidly due to leverage. You need to understand how forex trading works and decide whether you can afford to take the risk of losing money on trade orders that do not go your way.

 

 

Forex Trading Africa annually reviews brokers regarded as the best in the world and provides information on the tools, market analysis and service they offer. We aim to provide important information for you to base your decisions on when choosing the right forex broker for your nee

 

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