OANDA Settles Alleged Violations of NFA Requirements

New York, 29th May, 2025 – Today, the U.S. National Futures Association (“NFA”) issued a Decision accepting an Offer of Settlement (“Offer”) made by OANDA Corporation (“OANDA”), the U.S. regulated entity within the OANDA Group, to resolve a complaint brought by NFA which had alleged, inter alia, that OANDA: (1) during the period from January through August 2023 had engaged in certain forex transactions initiated by its parent company, OANDA Global Corporation (“OGC”), without collecting the required security deposit from OGC and improperly offset the foreign currency exposure on such transactions for purposes of calculating its net capital, (2) during the period from August 2021 through February 2023 failed to collect the correct security deposit from U.S. customers in respect of certain forex transactions, (3) during 2022 had experienced a pricing display issue via a third party platform that affected certain customers, (4) during the period starting in early 2023 through mid-2024 failed to adequately describe in its promotional materials its relationship with a cryptocurrency broker as part of the offering of spot crypto trading services to U.S. residents, and (5) as a result of the foregoing, failed to diligently supervise its business and employees. Under the terms of the Offer, OANDA, without admitting or denying the allegations in the Complaint, acknowledged findings that it had violated certain NFA rules.

OANDA takes its regulatory obligations seriously. It has addressed all of the allegations through extensive remediation efforts and through engagement with NFA staff. OANDA is committed to providing the best trading experience for its customers while striving to maintain the highest regulatory standards as an NFA member.