We believe being fair pays dividends in customer satisfaction

OANDA has been in the currency business since 1996. We are a market maker and a trusted source for currency data,with access to one of the world’s largest historical, high frequency, filtered currency databases.

Our trading platform, OANDA fxTrade, was launched in 2001. It revolutionized online forex trading at a time when internet use was growing explosively. OANDA technology has helped push trading costs down for everyone—ten years ago, the typical spread on EUR/USD was 5-8 pips whereas today typically it is around 1-2 pips.

Fully regulated

Financial regulations require OANDA to maintain capital reserves at specified levels. We are required to file financial reports with regulators in the jurisdictions where we do business. OANDA chose to retain an international professional accountant firm to audit our financial statements. We compile and submit our financial data to regulators on a regular basis.

How we manage counterparty risk

OANDA keeps customer funds in accounts at top tier banks, and it is our policy to only withdraw customer funds as a direct result of their trading-related activities or withdrawal requests.

We partner with the world’s leading banks to both access and provide global forex liquidity. To manage currency exposure and risk, we use sophisticated risk management technology to net aggregate client positions automatically and anonymously, and we immediately hedge outstanding aggregated positions above predefined thresholds with our partner banks.

Regulatory Bodies

OANDA is a member of the following regulatory bodies:

U.S. Commodity Futures Trading Commission (CFTC)

U.S. National Futures Association (NFA)

Monetary Authority of Singapore (MAS) (CMS Licence No: CMS100122-4) , (Commodity Brokers Licence No: OAP/CBL/2012)

Investment Industry Regulatory Organization of Canada (IIROC)

Financial Conduct Authority (FCA Licence No: 542574)

Japanese Financial Services Authority (FSA, KLFB)

Financial Futures Association of Japan (FFAJ)

The Australian Securities and Investments Commission (ASIC) (ABN 26 152 088 349, AFSL No. 412981)

Lean about the Forex and CFD Market

Transform your understanding of the forex and CFD market with OANDA’s live, informative sessions. We offer content designed for novice and more experienced traders alike, as well as a series of courses, called Forward Thinking Traders, exclusively for fxTrade account holders.

Learn more about OANDA Academy

Contracts for Difference (CFDs) or Precious Metals are NOT available to residents of the United States.

Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.