Well-known US forex dealer; serves EU clients through OANDA Europe Markets in Malta and OANDA TMS Brokers in Poland.
- Headquarters
United States- Founded
- 1996
- Type
- Forex & CFD brokers
- Licences on record
- 8 (3 European)
- EU client entity
- OANDA Europe Markets Ltd (MFSA, Malta) and OANDA TMS Brokers S.A. (KNF, Poland)
- Platforms
- Own platform, MetaTrader 4, MetaTrader 5, TradingView
- Products
- Forex, CFDs
- Website
- oanda.com
Strengths
- Forex specialist since 1996, regulated in the US, UK, Canada, Japan, Australia and Singapore
- EU clients served from Malta, and Polish clients by OANDA TMS Brokers
- Own platform plus MetaTrader and TradingView
- Well-known historical exchange-rate data services
Watch-outs
- Product range is narrower than multi-asset brokers
- Pricing and platform availability vary by entity
Overview
OANDA was founded in 1996 and was one of the first companies to offer online currency trading and free exchange-rate data. It is regulated by some of the strictest regulators worldwide, including the CFTC/NFA in the US.
Which entity serves you
EU residents are generally served by OANDA Europe Markets Ltd, licensed by the MFSA in Malta. In Poland, OANDA TMS Brokers (formerly TMS Brokers, acquired in 2018) is supervised by the KNF. UK clients deal with OANDA Europe Ltd (FCA).
Platforms and products
OANDA's own web and mobile platform, MetaTrader 4 and 5 (depending on entity) and TradingView, with forex and CFDs on indices, commodities and other assets.
Our view
A trustworthy FX specialist with a strong regulatory footprint.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| FCA Financial Conduct Authority |  United Kingdom |
UK | Official register |
| MFSA Malta Financial Services Authority |  Malta |
EU/EEA – passportable | Official register |
| KNF Komisja Nadzoru Finansowego (Polish Financial Supervision Authority) |  Poland |
EU/EEA – passportable | Regulator website |
| CFTC / NFA Commodity Futures Trading Commission / National Futures Association | United States |
Non-European | Official register |
| ASIC Australian Securities and Investments Commission |  Australia |
Non-European | Regulator website |
| CIRO Canadian Investment Regulatory Organization |  Canada |
Non-European | Regulator website |
| MAS Monetary Authority of Singapore |  Singapore |
Non-European | Regulator website |
| FSA Japan Financial Services Agency (Japan) |  Japan |
Non-European | Regulator website |
What protection would you get?
If you are a retail client of OANDA's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: Up to £85,000 per person per firm for investments – Financial Services Compensation Scheme (FSCS)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman Service
- Best forex brokers in United Kingdom
- Investor compensation: 90% of the net liability, up to €20,000 per investor – Investor Compensation Scheme (Malta)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Office of the Arbiter for Financial Services
- Best forex brokers in Malta
- Investor compensation: 100% up to €3,000, 90% above, with total compensation capped at €20,100 per investor – KDPW investor compensation scheme
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Rzecznik Finansowy (Financial Ombudsman)
- Best forex brokers in Poland
Verify OANDA yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Supervised in 8 strong jurisdictions | +12 |
| Operating for 30 years | +7 |
| Total | 74/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.
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