Wikilix
OANDA logo

OANDA

Regulated
United States
Since 1996
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
50
Account Types
  • Standard account
  • Elite Trader
  • Standard
  • Premium
  • Premium Plus

Official website

Homepage of oanda.com as we captured it

oanda.com

Online · checked Oct 23, 2026

8 pages archived · Oct 23, 2026

Also on our record

7 more addresses
  • oanda.jpRegional

Funding Methods

8 methods

Debit card (OANDA Corporation, US)

debit card
Up to 3 days
Fee:Free
Fee:Not recorded

Wire transfer (OANDA Corporation, US)

wire transfer
Up to 5 days
Fee:Free
Fee:Not recorded

ACH bank transfer (OANDA Corporation, US)

bank transfer
Up to 6 days
Fee:Free
Fee:Not recorded

Debit card (OANDA Canada)

debit card
Up to 3 days
Fee:Free
Fee:Free

Bank wire transfer (OANDA Canada)

wire transfer
Up to 5 days
Fee:Free
Fee:Free

PayPal (OANDA Canada)

e wallet
Up to 7 days
Fee:Free
Fee:Free

Debit or credit card (OANDA Europe, UK)

credit card
Up to 3 days
Fee:Free
Fee:Not recorded

Faster Payments (OANDA Europe, UK)

bank transfer
Up to 2 days
Fee:Free
Fee:Free

Trust rating

Excellent

80 out of 100 · 83% checked

It holds a valid FCA 542574 licence and 8 more, and our investigation found it appears legitimate.

We checked OANDA on 2026-10-23 across its regulation, company record, client terms, trading offer and service, and could verify 83% of its record. Its strongest valid licence is FCA 542574, with 8 more valid. The score of 80 is what the checked record adds up to; nothing held it down. What would move the score: policy risk, critical clauses, withdrawal rails. Our published investigation found it appears legitimate, with 26.9 years of track record. Its client terms have not been reviewed yet. Trading EURUSD costs about 1.6 pips all-in, spread and commission together.

Score last calculated 2026/10/23

Company Information

Full Name:OANDA Corporation
Founded:1996
Headquarters:United States
Enterprise Offices:11offices

Customer Support

Phone:
+1 212 858 7690
Live Chat:
Available
Response Time:
—
Languages:
EnglishSpanish+1
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about OANDA: its history, the licences it holds, its trading conditions and its fees.

OANDA Broker Overview

OANDA is a forex and CFD broker that dates its business to 1996 and serves clients through a group of regional companies, each with its own website, regulator and account terms. OANDA Corporation, the US company, owns the OANDA trademarks; sister companies serve Canada, the UK, the EU, Australia, Singapore and Japan, and OANDA Global Markets, in the British Virgin Islands, serves clients in other countries. Each of these companies is licensed or registered by the financial regulator of its home jurisdiction. On the US site there is no minimum deposit, leverage goes up to 50:1, and clients trade on OANDA's own platform, MetaTrader 4 or TradingView.

OANDA Regulation and License

Every OANDA company that holds client accounts has a licence or registration from its home regulator, and WIKILIX found each one on that regulator's own register on 23 October 2026:

  • OANDA Corporation (United States): a member of the National Futures Association under NFA ID 0325821, approved as a Forex Dealer Member, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant since 14 March 2003 and as a Retail Foreign Exchange Dealer since 5 October 2010.
  • OANDA Europe Limited (United Kingdom, company 07110087): authorised by the Financial Conduct Authority since 17 May 2011 under firm reference number 542574, with permissions that include dealing in investments as principal for retail and professional clients.
  • OANDA TMS Brokers S.A. (Poland, formerly Dom Maklerski TMS Brokers S.A.): listed by the Polish Financial Supervision Authority (KNF) as a supervised investment firm, under authorisation KPWiG-4021-54-1/2004 of 26 April 2004.
  • OANDA Australia Pty Ltd: Australian Financial Services Licence 412981, shown as current by the Australian Securities and Investments Commission (ASIC) and effective since 26 March 2012, covering dealing in and making a market for derivatives and foreign exchange contracts.
  • OANDA Asia Pacific Pte Ltd (Singapore): listed by the Monetary Authority of Singapore as a Capital Markets Services licensee; MAS publishes no licence number for it.
  • OANDA (Canada) Corporation ULC: listed by the Canadian Investment Regulatory Organization (CIRO) as an investment dealer, a membership that carries no licence number.
  • OANDA証券株式会社 (Japan): registered with Japan's Financial Services Agency as a Type I Financial Instruments Business Operator, Director-General of the Kanto Local Finance Bureau (Kinsho) No. 2137, since 2 March 2009.
  • OANDA Global Markets Ltd (British Virgin Islands): listed by the BVI Financial Services Commission as currently regulated for dealing as principal and for arranging deals in investments. The register gives no licence number, so the number SIBA/L/20/1130 comes from OANDA's own disclosure.

OANDA COINPASS LIMITED, which trades as OANDA Crypto in the UK, states a different kind of status: registration with the Financial Conduct Authority as a crypto asset firm under the UK Money Laundering Regulations, No. 921481, which is an anti-money-laundering registration rather than an investment licence.

Is OANDA Regulated?

Yes: all eight OANDA companies that hold client accounts are regulated, and their licences are confirmed on the regulators' own registers rather than only claimed by OANDA. Which regulator covers you depends on where you live, and clients in countries without their own OANDA company are served by OANDA Global Markets under its licence in the British Virgin Islands, an offshore jurisdiction with lighter rules than OANDA's other regulators.

OANDA Corporation and the OANDA Group

OANDA Corporation's GLEIF LEI record (LN0GDXREYMHALDVWEU15), checked by WIKILIX on 23 October 2026, shows a Delaware company, registration number 3128864, incorporated on 15 November 1999; the 1996 founding date is the brand's own account, not this company's. OANDA names OANDA Global Corporation as the parent of OANDA Corporation and as the shareholder of its Japanese company. Your country of residence decides which company holds your account. According to OANDA, OANDA Corporation serves US residents, OANDA (Canada) Corporation ULC serves Canadian residents outside Alberta, OANDA Europe Limited serves the UK and a few other countries including Switzerland, Norway and Liechtenstein, OANDA TMS Brokers S.A. serves the EU, OANDA Australia Pty Ltd serves Australia, OANDA Asia Pacific Pte Ltd serves Singapore, and OANDA Global Markets Ltd serves residents of selected other countries. Clients in Japan are served through oanda.jp.

The group also includes OANDA Business Information and Services Inc., a Delaware company trading as OANDA FX Data Services, and OANDA Assessments Limited in Malta, which states that its services are not investment or financial services and that it holds no regulatory authorisation.

Is OANDA Safe?

OANDA's safety depends on the company that holds your account, because each one protects client money under its own country's rules, and a confirmed licence is no guarantee against trading losses or a firm's failure. The protections differ by company:

  • United States: OANDA discloses that forex balances are not covered by the Securities Investor Protection Corporation (SIPC) and get no preference in a bankruptcy.
  • United Kingdom: OANDA Europe Limited follows FCA client money rules, its clients can take complaints to the Financial Ombudsman Service, and the Financial Services Compensation Scheme may cover eligible claims if the firm fails.
  • EU: OANDA TMS Brokers applies EU rules that include negative balance protection for retail CFD clients, and EU investor compensation rules apply within statutory limits.
  • Canada: OANDA states that accounts at its Canadian company are protected by the Canadian Investor Protection Fund within specified limits.
  • Japan: client margin must be kept segregated under Japanese law.
  • Australia and Singapore: there is no compensation scheme for a broker's failure in Australia or for CFD trading in Singapore.
  • OANDA Global Markets (BVI): an offshore licence with lighter capital and conduct rules and no investor compensation scheme.

OANDA Corporation's NFA record also lists three regulatory actions: NFA case 25BCC00004 of 13 June 2025, whose outcomes include a 600,000 USD fine; NFA case 21BCC00002 of 16 April 2021, with a 200,000 USD fine; and CFTC case 20-29 of 21 August 2020, a cease and desist order with a 500,000 USD civil monetary penalty. OANDA's own documents also disagree on some withdrawal fees, as set out under deposits and withdrawals below.

OANDA Account Types

OANDA Corporation's US site offers two account types, both in US dollars: the Standard account, with no minimum deposit or minimum balance, and Elite Trader, a loyalty program for clients who trade at least 10 million USD a month. Both give access to 68 currency pairs, OANDA's web and mobile platforms, MetaTrader 4, TradingView and API trading. Elite Trader adds cash rebates of 5 to 17 USD per million traded by volume tier, or 5 to 20 USD with Elite Extra (a 50,000 USD deposit or balance), a dedicated relationship manager, a free VPS and free wire transfers; clients introduced by an introducing broker or on past pricing promotions are not eligible.

The global site of OANDA Global Markets shows three accounts in its comparison table, although the same page says it offers four: Standard, available to all; Premium, for a 10,000 USD deposit or 10 million USD of monthly notional volume, with rebates of 4 USD per million; and Premium Plus, for 50 million USD of monthly notional volume, with rebates of 6 USD per million. All three offer more than 1,500 instruments on MetaTrader 5, OANDA's own platform and TradingView, in USD, EUR, HKD or SGD.

OANDA Spreads, Commissions and Fees

US accounts use spread-only pricing by default, and the US pricing page lists spreads of 1.4 pips on EUR/USD, AUD/USD and USD/JPY and 2.0 pips on GBP/USD. With a deposit or balance of at least 10,000 USD, US clients can choose core pricing instead: spreads from 0.0 pips on selected majors plus a commission of 0.70 USD per 10,000 units on each side, or 7 USD per 100,000. The global pricing page shows EUR/USD spreads from 1.0 pip with spread-only pricing and from 0.1 with core pricing but states no commission amount, and the global account table shows a commission of US$0 on all three accounts while marking Premium Plus as a core pricing account.

The US site charges an inactivity fee of 20 USD a month after 12 months without trading, never while a position is open and refundable for up to three months when trading resumes, and a 1.0% mark-up on currency conversion on v20 forex accounts. OANDA Global Markets charges up to 20 USD a month on the same inactivity terms.

OANDA Leverage

On the US site leverage goes up to 50:1, for example on EUR/USD, which needs 2% margin; other pairs need more, such as 3% on AUD/USD. These US limits do not apply to clients of OANDA's other companies.

OANDA Trading Platforms

OANDA's own platform, OANDA Trade, runs in the browser as OANDA Web and on iOS and Android as the OANDA Mobile app. The US site adds MetaTrader 4 (Windows, WebTrader, iOS and Android, with an optional premium upgrade of 28 extra tools) and TradingView, where an OANDA account can be traded directly; it does not list MetaTrader 5. The global site offers MetaTrader 5 with depth of market and Autochartist, TradingView and the OANDA app, but not MetaTrader 4. US clients can also trade spot cryptocurrencies in OANDA Paxos Mobile, a separate app offered with OANDA's partner Paxos, where the coins are held in a Paxos wallet and cannot be withdrawn directly.

OANDA Deposits and Withdrawals

Funding methods depend on the OANDA company that holds your account:

  • US: debit cards, wire transfer and ACH, which is for deposits only and can credit part of a deposit at once through Instant ACH; withdrawals go by debit card or wire.
  • Canada: debit card, bank wire and PayPal in Canadian dollars.
  • UK: debit and credit cards, Faster Payments, BACS, CHAPS, SWIFT and SEPA.
  • EU: cards and local payment services such as TrueLayer, iDEAL, BLIK and Przelewy24 (which costs 2%) for deposits; withdrawals by bank transfer only.
  • Australia: Australian-issued Visa and Mastercard cards, bank transfer, BPAY and PayID.
  • Singapore: DBS bill pay, PayNow, FAST and bank transfer in nine currencies, with no cards or e-wallets.
  • Global (BVI): cards, Neteller, Skrill, bank or wire transfer including Wise, and local payment methods in parts of South East Asia, Latin America and Africa.

Every OANDA company returns money to the source it came from: card withdrawals are refunds capped at the amount deposited by card, and profits are paid by bank or wire transfer. The times OANDA gives are its processing times, not arrival times. In the US, debit card withdrawals take 1 to 3 business days, while wires take 1 to 2 business days within the US and up to 5 abroad according to the funding page, or 1 to 5 business days according to the help centre.

Withdrawal fees are where OANDA's own documents disagree. For US clients, the help centre and the charges page say withdrawals are free, but a withdrawal-fee document linked from the charges page lists 20 USD on the first wire withdrawal in a calendar month and that fee plus 15 USD on each further one, and 15 USD on each debit card withdrawal after the first in a month; Elite Trader includes free wire transfers. For OANDA Global Markets clients, the charges page gives 20 USD per wire withdrawal while the help centre gives 20 USD for the first in a month and 35 USD for each further one; Premium and Premium Plus list free withdrawals. In the EU, withdrawals are free except the second and later ones under 200 PLN or equivalent in a calendar month.

OANDA Support

US clients can contact support by web chat, WhatsApp on +1 646 566 8178, Facebook Messenger, SMS and email at frontdesk@oanda.com, from Sunday 4 p.m. to Friday 6 p.m. US Eastern time, so support is not available around the clock. OANDA publishes no voice support line: the numbers on its contact page, +1 212 858 7690 in the US, +44 7537 411919 in the UK, +65 8809 4568 in Singapore and +61 407 143 336 in Australia, are SMS lines. Support is offered in English, Spanish and Mandarin, though OANDA says it cannot guarantee multilingual service at all times, and the EU site advertises support in English, German, French, Spanish and Polish. US complaints go to complaintsus@oanda.com.

OANDA Pros and Cons

Strengths:

  • Licences for its regional companies from the CFTC and NFA, the FCA, the KNF, ASIC, MAS, CIRO and Japan's Financial Services Agency, all found on the regulators' registers in October 2026.
  • No minimum deposit on the US Standard account.
  • A choice of OANDA's own platform, MetaTrader 4 or 5 and TradingView, depending on the division.
  • Local funding methods in each region, such as PayPal in Canada and PayNow in Singapore.

Limitations:

  • Accounts, platforms, leverage, fees and client protections differ by company, so the terms of your own division need checking.
  • OANDA Corporation was fined by the NFA in 2021 and 2025 and penalised by the CFTC in 2020.
  • OANDA's own documents disagree on US and global withdrawal fees.
  • Clients outside OANDA's onshore markets are served by its British Virgin Islands company, which has no investor compensation scheme.
  • Inactivity fees on the US and global sites, support that is not available around the clock, and no voice support line.

OANDA Review and Assessment

OANDA is a long-running, multi-regional broker whose companies hold register-confirmed licences from major regulators, with no minimum deposit in the US and a wide choice of platforms. The offer is not uniform: the company, regulator, client protections, accounts, leverage and funding methods all change with your country of residence, and clients outside OANDA's onshore markets are served from the British Virgin Islands. Before funding an account, confirm which OANDA company will hold it and check that division's current charges, since OANDA's own documents give different withdrawal fees.

Website archive
Captured

Website snapshots

8 full-page captures of OANDA's own site, archived so what they said can still be read after the pages change.

8 pages
Homepage
Regulatory Public Disclosures
Legal & Regulatory Documents
Account Types
Deposits & Withdrawals
Contact Customer Support
About OANDA Group
Company & Registration (Japan entity)
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

OANDA holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

9 of 9 checked
Licences on record
9
Confirmed on register
9
Tier 1 or 2
7
Offshore
2

WIKILIX

Licence intelligence

The strongest of 9 licences on file

Licence Verification Record

Australia Securities & Investment Commission 412981

Wikilix read the ASIC register on Oct 23, 2026. This is what it said.

Name on the register
OANDA AUSTRALIA PTY LTD
Jurisdiction
Australia
Authority strength
Tier 1
Licence type
Market Making(MM)
Register status
Current
Effective
Mar 26, 2012
Shown on the OANDA website
Shown

Checked Oct 23, 2026

Permissions

  • (a) provide general financial product advice for the following classes of financial products: (i) derivatives; and (ii) foreign exchange contracts;
  • (b) deal in a financial product by: (i) issuing, applying for, acquiring, varying or disposing of a financial product in respect of the following classes of financial products: (A) derivatives; and (B) foreign exchange contracts; and
  • (c) make a market for the following financial products: (i) foreign exchange contracts; and (ii) derivatives;

What our check found

Australian financial services licence held by OANDA Australia Pty Ltd (ABN 26 152 088 349), issuer of OANDA products to Australian clients. Its latest licence conditions are dated 5 Apr 2024. ASIC shows a different business address from OANDA's site and records no website. Client protection: Strong conduct, leverage and client-money rules for retail CFD clients; no compensation scheme for broker failure. Effective: 26 Mar 2012.

Client protection under this licence

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28

These are the rules ASIC sets for the firms it licenses. They are not a statement about how OANDA applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

5 account types on record. Minimum deposit from USD 10,000. Leverage up to 1:50.

5 account types
AccountMin DepositMax LeverageCommission
Standard accountStandardNot recorded1:50None on spread-only pricing. Optional core pricing: 0.70 USD per 10,000 units per side (7 USD per 100,000), with an initial deposit or balance of at least 10,000 USD.
Elite TraderElite · VIPNot recorded1:50Same pricing options as the Standard account (spread-only, or core pricing at 7 USD per 100,000 units); cash rebates of 5 to 17 USD per million traded, 5 to 20 USD with Elite Extra.
StandardStandardNot recordedNot recordedUS$0
PremiumPremium · VIPUSD 10,000Not recordedUS$0
Premium PlusPremium · VIPNot recordedNot recordedUS$0 in the comparison table; the table also marks Premium Plus as a core pricing account.
Account names and conditions as published by OANDA, recorded by Wikilix.
Client acceptance

Country availability

Where OANDA says it will and won't take clients

249 countries

Confirmed blocked

Named in the broker's own terms

AFAfghanistanALAlbaniaAOAngolaBBBarbadosBFBurkina FasoBOBoliviaBYBelarusCDCongo (Democratic Republic)CGCongoCICôte d’IvoireCMCameroonCNChina
Show 42 more
CUCubaDZAlgeriaHTHaitiINIndiaIQIraqIRIranKEKenyaKHCambodiaKPNorth KoreaKRSouth KoreaKWKuwaitLALaosLBLebanonLYLibyaMCMonacoMLMaliMMMyanmarMZMozambiqueNANamibiaNGNigeriaNINicaraguaNPNepalNZNew ZealandPAPanamaPGPapua New GuineaPKPakistanPSPalestineRURussiaSDSudanSOSomaliaSSSouth SudanSYSyriaTRTürkiyeTTTrinidad and TobagoTZTanzaniaUGUgandaVEVenezuelaVGVirgin Islands (British)VUVanuatuYEYemenZASouth AfricaZWZimbabwe

Explicitly accepted

Named as accepted — not a full list of served markets

ADAndorraAEUnited Arab EmiratesAGAntigua and BarbudaAIAnguillaAMArmeniaAQAntarcticaARArgentinaASAmerican SamoaATAustriaAUAustraliaAWArubaAXÅland Islands
Show 183 more
AZAzerbaijanBABosnia and HerzegovinaBDBangladeshBEBelgiumBGBulgariaBHBahrainBIBurundiBJBeninBLSaint BarthélemyBMBermudaBNBrunei DarussalamBQBonaire, Sint Eustatius and SabaBRBrazilBSBahamasBTBhutanBVBouvet IslandBWBotswanaBZBelizeCACanadaCCCocos (Keeling) IslandsCFCentral African RepublicCHSwitzerlandCKCook IslandsCLChileCOColombiaCRCosta RicaCVCabo VerdeCWCuraçaoCXChristmas IslandCYCyprusCZCzechiaDEGermanyDJDjiboutiDKDenmarkDMDominicaDODominican RepublicECEcuadorEEEstoniaEGEgyptEHWestern SaharaEREritreaETEthiopiaFIFinlandFJFijiFKFalkland IslandsFMMicronesiaFOFaroe IslandsFRFranceGAGabonGBUnited KingdomGDGrenadaGEGeorgiaGFFrench GuianaGGGuernseyGHGhanaGIGibraltarGLGreenlandGMGambiaGNGuineaGPGuadeloupeGQEquatorial GuineaGRGreeceGSSouth Georgia and the South Sandwich IslandsGTGuatemalaGUGuamGWGuinea-BissauGYGuyanaHKHong KongHMHeard Island and McDonald IslandsHNHondurasHRCroatiaHUHungaryIDIndonesiaIEIrelandILIsraelIMIsle of ManIOBritish Indian Ocean TerritoryISIcelandITItalyJEJerseyJMJamaicaJOJordanJPJapanKGKyrgyzstanKIKiribatiKMComorosKNSaint Kitts and NevisKYCayman IslandsKZKazakhstanLCSaint LuciaLILiechtensteinLKSri LankaLRLiberiaLSLesothoLTLithuaniaLULuxembourgLVLatviaMAMoroccoMDMoldovaMEMontenegroMFSaint Martin (French part)MGMadagascarMHMarshall IslandsMKNorth MacedoniaMNMongoliaMOMacaoMPNorthern Mariana IslandsMQMartiniqueMRMauritaniaMSMontserratMTMaltaMUMauritiusMVMaldivesMWMalawiMXMexicoMYMalaysiaNCNew CaledoniaNENigerNFNorfolk IslandNLNetherlandsNONorwayNRNauruNUNiueOMOmanPEPeruPFFrench PolynesiaPHPhilippinesPLPolandPMSaint Pierre and MiquelonPNPitcairnPRPuerto RicoPTPortugalPWPalauPYParaguayQAQatarRERéunionRORomaniaRSSerbiaRWRwandaSASaudi ArabiaSBSolomon IslandsSCSeychellesSESwedenSGSingaporeSHSaint HelenaSISloveniaSJSvalbard and Jan MayenSKSlovakiaSLSierra LeoneSMSan MarinoSNSenegalSRSurinameSTSao Tome and PrincipeSVEl SalvadorSXSint Maarten (Dutch part)SZEswatiniTCTurks and Caicos IslandsTDChadTFFrench Southern TerritoriesTGTogoTHThailandTJTajikistanTKTokelauTLTimor-LesteTMTurkmenistanTNTunisiaTOTongaTVTuvaluTWTaiwanUAUkraineUMUnited States Minor Outlying IslandsUSUnited StatesUYUruguayUZUzbekistanVAHoly SeeVCSaint Vincent and the GrenadinesVIVirgin Islands (U.S.)VNViet NamWFWallis and FutunaWSSamoaXKKosovoYTMayotteZMZambia
How we know — 15 sources
  1. 1Blocked (confirmed): OANDA's registration form (https://www.oanda.com/apply/, served at https://hub.oanda.com/apply/) answers 'Sorry, OANDA cannot accept new clients from your country of residence. You will be unable to open an account.' and keeps 'Confirm and continue' disabled for each of these residence countries, as of 23 October 2026: Afghanistan, Albania, Angola, Barbados, Burkina Faso, Bolivia, Belarus, the Democratic Republic of the Congo, the Republic of the Congo, Cote d'Ivoire, Cameroon, China, Cuba, Algeria, Haiti, India, Iraq, Iran, Kenya, Cambodia, North Korea, South Korea, Kuwait, Laos, Lebanon, Libya, Monaco, Mali, Myanmar, Mozambique, Namibia, Nigeria, Nicaragua, Nepal, New Zealand, Panama, Papua New Guinea, Pakistan, Palestine, Russia, Sudan, Somalia, South Sudan, Syria, Turkey, Trinidad and Tobago, Tanzania, Uganda, Venezuela, the British Virgin Islands, Vanuatu, Yemen, South Africa and Zimbabwe.
  2. 2The form's own country configuration (https://r10n.oanda.com/v3/config) marks the same 54 countries as disabled. Its other disabled entries are the 27 EU member states and JP, which the form forwards to other OANDA onboarding forms instead of refusing, and a separate PS-GZA (Gaza Strip) entry.
  3. 3The EU onboarding form at https://www.oanda.com/eu-en/onboarding/ (OANDA TMS Brokers S.A.) carries its own prohibited-countries list of 46 codes, all among the 54 above. China, India, South Korea, Kuwait, New Zealand, Papua New Guinea, Turkey and Venezuela are refused by the main registration form only. The EU form also lists IR, MM and KP as prohibited citizenships.
  4. 4Iran (IR): https://hub.oanda.com/apply/ answers 'Sorry, OANDA cannot accept new clients from your country of residence' when Iran is selected, and the EU onboarding form at https://www.oanda.com/eu-en/onboarding/ lists IR as a prohibited country and a prohibited citizenship. OANDA offers no Persian-language version: Persian is not among the registration form's languages (https://r10n.oanda.com/v3/9sf-config), and the region selector (https://www.oanda.com/region-selector/) has no Iran entry.
  5. 5Accepted: for each of these residence countries, https://hub.oanda.com/apply/ shows the legal notice of the OANDA entity that would hold the account and enables 'Confirm and continue'. OANDA Global Markets Ltd (BVI) takes 123 countries. OANDA Europe Ltd takes the United Kingdom, Andorra, Anguilla, the Aland Islands, Saint Barthelemy, Bonaire, Sint Eustatius and Saba, Switzerland, the Falkland Islands, the Faroe Islands, French Guiana, Guernsey, Gibraltar, Guadeloupe, South Georgia and the South Sandwich Islands, the Isle of Man, the British Indian Ocean Territory, Jersey, the Cayman Islands, Liechtenstein, Saint Martin, Martinique, Montserrat, Norway, French Polynesia, Saint Pierre and Miquelon, Reunion, Svalbard and Jan Mayen, San Marino, Sint Maarten, the Turks and Caicos Islands, the French Southern Territories and Vatican City. OANDA Australia Pty takes Australia, Christmas Island, the Heard and McDonald Islands and Norfolk Island, OANDA (Canada) Corporation takes Canada, and OANDA Asia Pacific Pte Ltd takes Singapore.
  6. 6Accepted, the United States and its territories: choosing the United States, American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, the US Minor Outlying Islands or the US Virgin Islands sends the applicant to OANDA Corporation's own sign-up at https://hub.oanda.com/join, which opens an account-creation form (confirmed for the United States and American Samoa). https://help.oanda.com/bvi/en/faqs/oanda-division.htm says 'Residents of the US and its territories' can apply to OANDA Corporation.
  7. 7Accepted, EU: the registration form forwards EU residents to https://www.oanda.com/eu-en/onboarding/ (OANDA TMS Brokers S.A.). That form's European-countries list accepts all 27 EU member states, and https://help.oanda.com/bvi/en/faqs/oanda-division.htm says 'Residents of the European Union may apply for an OANDA TMS account'. All except Spain count as accepted.
  8. 8Spain (ES) is in no list. The EU onboarding form accepts ES as a residence country and https://www.oanda.com/eu-es/ markets to Spain, but OANDA's registration app answers a Spain selection at https://hub.oanda.com/apply/demo/ with 'The opening of new CFD accounts for residents in Spain is currently unavailable.' So Spain stays off the accepted list until this is confirmed, but it is not refused because the live EU form still accepts it.
  9. 9Accepted, Japan: the registration form forwards residents of Japan to OANDA Securities' own account opening at https://www.oanda.jp/register/web/accountopenperson.do.
  10. 10Canada counts as accepted, but https://help.oanda.com/bvi/en/faqs/oanda-division.htm adds 'We regret that we are unable to consider applications from residents in the province of Alberta at this time.' Alberta is a province, not a country, so it is noted here only.
  11. 11Disagreement, form decided: https://help.oanda.com/bvi/en/faqs/eligible-ogm-countries-bvi.htm says 'Residents of the following countries may apply for an OANDA Global Markets account' and names only Chile, Colombia, Hong Kong, Indonesia, Macao, Malaysia, Mexico, the Philippines, Taiwan, Thailand, the United Arab Emirates and Vietnam. The registration form accepts 123 countries under OANDA Global Markets, and https://help.oanda.com/bvi/en/faqs/oanda-division.htm says 'OANDA opens accounts for clients from most countries' and that applicants can confirm their ability to register by entering their country of residence on the registration page.
  12. 12Disagreement, form decided: the region selector at https://www.oanda.com/region-selector/ links Cameroon, Kenya, Kuwait, Mali, Mozambique, Nigeria, South Africa, Uganda, Zimbabwe and Haiti to /bvi-en/; Bolivia, Cuba, Panama and Venezuela to /bvi-es/; Monaco and Cote d'Ivoire to /uk-en/; and China to www.oanda.cn. It sends Russia, Turkey, New Zealand, South Korea and India to the www.oanda.com root. The registration form refuses all of them.
  13. 13Kosovo is recorded as XK, the code the registration form itself uses. The form's 'Palestine, Gaza Strip' entry is recorded as PS.
  14. 14No dependent-territory or category blocks. The form sets every territory separately (HK and MO accepted while CN is refused; CK, NU and TK accepted while NZ is refused). The OANDA Global Markets terms of business (https://legal.oanda.com/?code=ogm_terms_of_business&language=en) exclude only a 'Prohibited Customer', defined as 'a person or entity who is subject to any sanctions or a person to whom we are legally prohibited from providing our services'. Both that document and the OANDA Europe customer agreement (https://legal.oanda.com/oel/fxtrade_customer_agreement_oel/en) name no countries and warn only that platform access 'may not be permitted (or may be blocked) in some countries and jurisdictions'. The site footers say only that the information is not directed at residents of countries where its use 'would be contrary to local law or regulation'.
  15. 15Product limits, not account blocks: OANDA's partner marketing guidelines (https://partners.oanda.com/assets/documents/1548/global-partner-marketing-guidelines.pdf) say 'CFDs are not available to residents in the United States.' and 'Spreadbetting is only available to residents in the UK.' These limit products, not who can open an account, and are not applied to the lists.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check OANDA's own terms before you open an account.
Deposits & withdrawals

Funding Methods

30 ways to fund an account. 27 with no deposit fee. 4 credit instantly. The costliest way in is Przelewy24 (OANDA TMS, Poland) at 2%.

30 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Debit card (OANDA Corporation, US)Debit Card
OANDA Corporation (US) clients. Deposits immediate (help centre, Choose deposit method) or virtually instant (funding page); withdrawals 1-3 business days, the time OANDA takes to process, not arrival. No minimum; maximum 20,000 USD per calendar month. The card must be verified once. Help centre: Visa or Mastercard debit only, no prepaid cards, no deposits from Wise, Revolut or Robinhood cards, residents of Puerto Rico cannot deposit by card; the funding page also names Discover. Withdrawals are refunds to the card, capped at the card deposits and only for deposits made within 400 days; profits go by wire. Hierarchy: debit card, then wire. Withdrawal fee conflict: the help centre (Choose withdrawal method) and the funding page say there are no debit card withdrawal fees, while the withdrawal fees PDF linked from the US charges page lists no fee on the first and USD 15 on each additional debit card withdrawal in a calendar month. Customer Agreement (March 2026), definition (mm) and section 3(b): OANDA may debit Service Charges under its policies. Your bank may charge a service fee.
FreeNot recordedNot recordedNot recordedNot recordedUp to 3 days
Wire transfer (OANDA Corporation, US)Wire Transfer
OANDA Corporation (US) clients. Deposits 1-3 business days domestic, up to 5 international; no minimum or maximum. Withdrawals 1-2 business days within the US and up to 5 international (funding page); the help centre says 1-5 business days. Times are OANDA's processing, not arrival. The bank account must be in the client's name; no third-party payments; intermediary banks may deduct fees. Withdrawal fee conflict: the help centre says OANDA does not charge withdrawal fees for bank transfers and the charges page says deposits and withdrawals are free, but the withdrawal fees PDF linked from that charges page lists USD 20 on the first wire withdrawal in a calendar month and the fee plus USD 15 on each additional one; the funding page says a fee may be charged and is removed when funds are sent via ACH; the account comparison page lists unlimited free wire transfers as an Elite Trader benefit only. Customer Agreement (March 2026), definition (mm): Service Charges include any banking charge and wire charge. Wire withdrawals may wait 5 business days after an ACH deposit settles.
FreeNot recordedNot recordedNot recordedNot recordedUp to 5 days
ACH bank transfer (OANDA Corporation, US)Bank Transfer
OANDA Corporation (US) clients. Deposit only: the US withdrawal methods are debit card and wire (help centre, Choose withdrawal method; charges page), and Instant ACH credits cannot be withdrawn. No minimum; maximum 50,000 USD per deposit, no limit on the number of deposits. Regular ACH takes up to 6 business days. Instant ACH (the default; opt-out possible) credits part of a deposit at once: 50% of deposits up to 1,000 USD, rising in steps to 7,600 USD plus 20% of the amount above 20,000 USD, capped at 20,000 USD outstanding; not on the spot crypto sub-account, not for Capital One accounts, only from e-verified bank profiles. The originating account must be in the client's name. Your bank may charge a fee. The funding page also says that when withdrawal funds are sent via ACH the withdrawal fee is removed.
FreeNot recordedNot recordedNot recordedNot recordedUp to 6 days
Debit card (OANDA Canada)Debit Card
OANDA (Canada) Corporation ULC clients. Mastercard or Visa debit cards; credit cards are not accepted. Deposits immediate; withdrawals typically 1-3 business days (OANDA processing; help centre, Choose withdrawal method). No minimum; maximum 50,000 units of currency per calendar month, with no maximum if the bank supports Verified by Visa or Mastercard SecureCode. OANDA states no deposit fee and no debit card withdrawal fee; your bank may charge. Up to 100% of card deposits can be refunded to the card, the rest by bank transfer or PayPal. Hierarchy: debit card, PayPal (CAD), bank transfer. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
Bank wire transfer (OANDA Canada)Wire Transfer
OANDA (Canada) Corporation ULC clients. Deposits 1-3 business days domestic, up to 5 international; no minimum or maximum. Withdrawals usually 2-5 business days, in the currency of the original deposit, to a bank account in the client's name (help centre, Choose withdrawal method). OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. Wires are accepted only from a verified bank profile; send the receipt to frontdesk@oanda.com to avoid delays. No cheques or cash. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 5 days
PayPal (OANDA Canada)E-Wallet
OANDA (Canada) Corporation ULC clients only; deposits and withdrawals in CAD only. Deposits: no minimum; no limit for verified PayPal accounts, a lifetime limit of 1,000 CAD for unverified ones; eCheques take 5-7 business days. Withdrawals processed within one business day once all information is received (help centre, Choose withdrawal method). OANDA states no deposit or withdrawal fee; PayPal may charge processing and exchange fees. The PayPal account must match the client's name and email, be verified and be linked to a bank account, not a card; not available for corporate accounts. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 7 days
Debit or credit card (OANDA Europe, UK)Credit Card
OANDA Europe Limited (UK) clients. Visa or Mastercard debit cards, and credit cards. Deposits immediate; no minimum. Withdrawals are card refunds processed in about 1-3 business days by the issuing bank, which may take 1 to 14 days to settle; refunds are capped at the card deposits and profits go by bank transfer (help centre, Which withdrawal methods are available). OANDA states no card deposit fee; the UK withdrawal page states no card withdrawal fee either way, so none is recorded. Card issuers may charge transaction and international processing fees. Hierarchy: card, then bank transfer. This division's client agreement is not covered here.
FreeNot recordedNot recordedNot recordedNot recordedUp to 3 days
Faster Payments (OANDA Europe, UK)Bank Transfer
OANDA Europe Limited (UK) clients; GBP only. Deposits 1-2 business days; no minimum; no OANDA maximum, though your bank may limit a payment to 10,000 GBP. Bank transfer withdrawals within Europe usually take 1-2 business days. OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. Put your OANDA account number in the reference; new bank sources must be verified. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 2 days
BACS (OANDA Europe, UK)Bank Transfer
OANDA Europe Limited (UK) clients; GBP only. Deposits 2-3 business days; no minimum. Bank transfer withdrawals within Europe usually take 1-2 business days. OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
CHAPS (OANDA Europe, UK)Bank Transfer
OANDA Europe Limited (UK) clients; GBP only. Deposits 1-2 business days; no minimum. Bank transfer withdrawals within Europe usually take 1-2 business days. OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 2 days
SWIFT (OANDA Europe, UK)Wire Transfer
OANDA Europe Limited (UK) clients. Deposits 2-5 business days; no minimum. International bank transfer withdrawals usually take up to 5 business days. OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 5 days
SEPA Credit Transfer (OANDA Europe, UK)Bank Transfer
OANDA Europe Limited (UK) clients; EUR only. Deposits 2-5 business days; no minimum. Bank transfer withdrawals within Europe usually take 1-2 business days. OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 5 days
Debit/credit card (OANDA TMS, EU)Credit Card
OANDA TMS Brokers (EU) clients. Deposit only: OANDA TMS pays withdrawals only by bank transfer. Visa and Mastercard; no prepaid cards; credit cards issued in Spain and Belgium are not accepted. Minimum 25 EUR or 50 PLN or equivalent; maximum 50,000 EUR or equivalent; processed in PLN, EUR, USD, CZK and RON. Usually immediate, up to one business day. No fees as such for the CFDs account; conversion costs may apply if the deposit currency differs from the sub-account's; Stocks accounts follow the Stocks fee table. The card must be in the account holder's name. This division's client agreement is not covered here.
FreeNot recordedEUR 25Not recordedNot recordedUp to 1 day
TrueLayer (OANDA TMS, EU)Bank Transfer
OANDA TMS Brokers (EU) clients in Austria, Belgium, Estonia, Finland, France, Germany, Ireland, Italy, Lithuania, Poland, Portugal and Spain. Instant bank payment, deposit only (withdrawals by bank transfer). EUR only; minimum 25 EUR, maximum 50,000 EUR. Usually immediate, up to one business day. No fees as such; conversion costs may apply; your bank may charge. This division's client agreement is not covered here.
FreeNot recordedEUR 25Not recordedNot recordedUp to 1 day
iDEAL (OANDA TMS, EU)Bank Transfer
OANDA TMS Brokers clients in the Netherlands only. Deposit only (withdrawals by bank transfer). EUR only; minimum 25 EUR, maximum 50,000 EUR; processing immediate. No fees as such; conversion costs may apply; your bank may charge. This division's client agreement is not covered here.
FreeNot recordedEUR 25Not recordedNot recordedInstant
Bank transfer (OANDA TMS, EU)Bank Transfer
OANDA TMS Brokers (EU) clients. Deposits 1-3 business days; no minimum or maximum; processed in PLN, EUR, USD, CZK and RON; only from an account in the holder's name. Withdrawals are paid only by bank transfer, in the currency of the original deposit, processed within 3 business days; USD withdrawals to Revolut may take up to 30 days to arrive (help centre, What is required to withdraw funds). No deposit fees as such; conversion costs may apply. Withdrawals are free except the second and subsequent withdrawals below 200 PLN or equivalent in a calendar month, charged per the CFDs and Stocks fee tables (the help page does not state the amount, so no fee can be given). Your bank may charge. This division's client agreement is not covered here.
FreeNot recordedNot recordedNot recordedNot recordedUp to 3 days
Autopay and BLIK (OANDA TMS, Poland)Other
OANDA TMS Brokers clients in Poland (BLIK is Poland only). Deposit only (withdrawals by bank transfer). PLN only; minimum 100 PLN, maximum 250,000 PLN, and the operator and your bank may set lower limits; processing immediate. Fee: none as such for the CFDs account, but 2% of the total deposit when using mBank or Pay with Orange, so no single fee is recorded; Stocks accounts follow the Stocks fee table. BLIK deposits are frozen for withdrawal for 3 business days. This division's client agreement is not covered here.
Not recordedNot recordedPLN 100Not recordedNot recordedInstant
Autopay (OANDA TMS, Czech Republic)Other
OANDA TMS Brokers clients in the Czech Republic. Deposit only (withdrawals by bank transfer). CZK only; minimum 1,000 CZK, maximum 1,200,000 CZK, and the operator and your bank may set lower limits; processing immediate. No fees as such for the CFDs account; Stocks accounts follow the Stocks fee table. This division's client agreement is not covered here.
FreeNot recordedCZK 1,000Not recordedNot recordedInstant
Przelewy24 (OANDA TMS, Poland)Other
OANDA TMS Brokers clients in Poland only. Deposit only (withdrawals by bank transfer). PLN only; minimum 50 PLN, maximum 250,000 PLN, and the operator and your bank may set lower limits; processing immediate. Fee: 2% of the total deposit amount for the CFDs account; conversion costs may apply; Stocks accounts follow the Stocks fee table. This division's client agreement is not covered here.
2%Not recordedPLN 50Not recordedNot recordedInstant
Debit/credit cards (OANDA Australia)Credit Card
OANDA Australia Pty Ltd clients. Visa and Mastercard only, issued in Australia and in the account holder's name; no prepaid cards. Deposits usually immediate, sometimes up to one business day; no minimum; daily (24h) limit 50,000 EUR or the AUD equivalent, 20,000 EUR for new cards in their first 3 days. Withdrawals 1-3 business days, up to 100% of card deposits; profits by bank transfer (help centre, Which withdrawal methods are available). OANDA states no card fees; your bank or card provider may charge. Funds must come from the country of residence. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
Bank transfers/BPAY/PayID (OANDA Australia)Bank Transfer
OANDA Australia Pty Ltd clients. Deposits by bank transfer, BPAY or PayID: 1-3 business days for local transfers, up to 5 for international; no minimum. Withdrawals go by bank transfer: 1-3 business days within Australia, up to 5 international or by internet banking transfer (help centre, Which withdrawal methods are available). OANDA states no deposit fee and no bank transfer withdrawal fee; your bank may charge. One-time bank account profile set-up; email the transfer receipt to frontdesk@oanda.com to avoid delays. Funds must come from an account in your name in your country of residence. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 5 days
DBS bill pay (OANDA Asia Pacific, Singapore)Bank Transfer
OANDA Asia Pacific (Singapore) clients; SGD accounts only. Deposits 1-2 business days; no minimum or maximum; use your OANDA v20 account number as the bill reference; settlements run daily except Monday. Withdrawals go back by the same method and currency: bank transfers within Singapore 1-2 business days, internet banking transfers 2-3 (help centre, Which withdrawal methods are available). OANDA states no deposit fee and no bank transfer withdrawal fee. No PayLah, GrabPay, Google Pay or Apple Pay deposits. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
PayNow/QR Pay (OANDA Asia Pacific, Singapore)Bank Transfer
OANDA Asia Pacific (Singapore) clients; SGD accounts only; from participating banks. Deposits 1-2 business days; no minimum or maximum. Withdrawals go back by the same method and currency: bank transfers within Singapore 1-2 business days, internet banking transfers 2-3. OANDA states no deposit fee and no bank transfer withdrawal fee. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
FAST payments (OANDA Asia Pacific, Singapore)Bank Transfer
OANDA Asia Pacific (Singapore) clients; SGD accounts only. Deposits 1-2 business days; no minimum or maximum; use your OANDA v20 account number as the reference. Withdrawals go back by the same method and currency: bank transfers within Singapore 1-2 business days, internet banking transfers 2-3. OANDA states no deposit fee and no bank transfer withdrawal fee. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
Bank transfer (OANDA Asia Pacific, Singapore)Wire Transfer
OANDA Asia Pacific (Singapore) clients. Payments accepted in 9 currencies through a range of bank transfer options; local wire transfers take 1-3 business days; no minimum or maximum. Wires must come from a Singapore bank account in your name. The deposit page states only that your bank may charge a fee, so no OANDA deposit fee is recorded. Withdrawals: bank transfers within Singapore 1-2 business days, internet banking transfers 2-3; OANDA states no bank transfer withdrawal fee. This division's client agreement is not covered here.
Not recordedFreeNot recordedNot recordedNot recordedUp to 3 days
Credit/debit card (OANDA Global Markets)Credit Card
OANDA Global Markets (BVI) clients. Mastercard and Visa credit and debit cards; no prepaid cards; no card deposits from Israel. Deposits immediate (help centre) or typically visible within one business day (deposits and withdrawals page); no minimum. Withdrawals 1-3 business days, as refunds capped at the card deposits; the rest by bank or wire (help centre, Withdraw funds). OANDA states no card deposit or withdrawal fee (charges page); your card provider may charge. Hierarchy: credit/debit card, Neteller, Skrill, bank or wire. Deposits or withdrawals above 9,000 USD need full verification. This division's client agreement is not covered here.
FreeFreeNot recordedNot recordedNot recordedUp to 3 days
Neteller (OANDA Global Markets)E-Wallet
OANDA Global Markets (BVI) clients. Deposits up to one business day; no minimum; no OANDA deposit fee. Withdrawals within one business day, processed only in AUD, CHF, EUR, USD, HKD and SGD (help centre, Withdraw funds). OANDA's pages mention only Neteller's own withdrawal and exchange fees and state no OANDA withdrawal fee either way, so none is recorded. The Neteller account must be fully verified and match your name, email and address; no corporate accounts; payments must not come from a prepaid card. This division's client agreement is not covered here.
FreeNot recordedNot recordedNot recordedNot recordedUp to 1 day
Skrill (OANDA Global Markets)E-Wallet
OANDA Global Markets (BVI) clients. Deposits up to one business day; no minimum; no OANDA deposit fee. Withdrawals within one business day, processed only in AUD, CHF, EUR, USD, HKD and SGD (help centre, Withdraw funds). OANDA's pages mention only Skrill's own withdrawal and exchange fees and state no OANDA withdrawal fee either way, so none is recorded. The Skrill account must be fully verified and match your name, email and address; no corporate accounts; payments must not come from a prepaid card. This division's client agreement is not covered here.
FreeNot recordedNot recordedNot recordedNot recordedUp to 1 day
Bank or wire transfer (OANDA Global Markets)Wire Transfer
OANDA Global Markets (BVI) clients. Deposits 3-5 business days; no minimum; no OANDA deposit fee. Wise deposits are treated as wire transfers (identity and address documents required). Withdrawals 2-5 business days, to an account in your name, in the same country and currency as the deposit. Fee: the charges page says 20 USD per transaction; the help centre (Withdraw funds) table gives 20 USD on the first withdrawal in a calendar month and 35 USD on each additional one (other currencies: CAD 20/40, AUD 20/40, EUR 20/35, CHF 20/40, GBP 10/20, HKD 150/300, JPY 2,000/4,000, SGD no fee). Intermediary fees are shared equally, on average 20 USD borne by you; requests under about 20 USD are cancelled. Premium and Premium Plus accounts list free withdrawals and funding fee reimbursement. This division's client agreement is not covered here.
FreeUSD 20Not recordedNot recordedNot recordedUp to 5 days
Alternative payment methods (OANDA Global Markets)Other
OANDA Global Markets (BVI) clients in certain South East Asian, Latin American and African countries: local online or mobile bank transfers and e-wallets, including Online Bank Transfers for Latin America, South Africa (online bank wire or QR code) and South East Asia (online bank wire or QR code). Minimum depends on country and currency; deposits 3-5 business days; no OANDA fee. Deposit only per the help centre (Withdraw funds): funds cannot go back to an APM and are withdrawn by bank or wire transfer, although the deposits and withdrawals page says local withdrawal methods exist for accounts in certain African countries. Available options may change without notice. This division's client agreement is not covered here.
FreeNot recordedNot recordedNot recordedNot recordedUp to 5 days
Fees, limits and processing times as published by OANDA, recorded by Wikilix.
Trading software

Trading Platforms

4 trading platforms on record: Proprietary platform, MetaTrader 4, MetaTrader 5 and TradingView.

4 platforms
  • Proprietary platform

    Proprietary platform

    Recommended

    OANDA Trade, OANDA's own platform: the OANDA Web browser platform and the OANDA Mobile app for iOS and Android. The US site headlines it as its award-winning platform.

    Runs on

    • Web
    • Android
    • iOS
    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MT4 through OANDA's custom bridge, with an optional MT4 premium upgrade of 28 extra tools. Windows desktop, WebTrader (the US site's route for Mac users), iOS and Android apps. Listed on the US site.

    Runs on

    • Windows
    • Web
    • Android
    • iOS
    Details
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MT5 on OANDA's global (BVI) site, with depth of market, a built-in economic calendar and Autochartist; web, desktop, iOS and Android. The US site's platform list does not include MT5.

    Runs on

    • Web
    • Android
    • iOS
    Details
  • TradingView logo

    TradingView

    by TradingView Inc.since 2011Developer site

    Trade an OANDA account directly on TradingView: browser platform plus TradingView's desktop and mobile apps. The US site says the Essential plan cost can be rebated when its terms are met.

    Runs on

    • Web
    • Mobile
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

9 domains on record. All active and served over HTTPS.

9 domains
  • www.oanda.comMain siteActiveHTTPS
  • Japanwww.oanda.jpRegionalJapanActiveHTTPS
  • Polandwww.tms.plRegionalPolandActiveHTTPS
  • www.tmsbrokers.comRegionalActiveHTTPS
  • hub.oanda.comClient portalActiveHTTPS
  • help.oanda.comHelp centreActiveHTTPS
Show 3 more
  • www.cn-oanda.comBackupActiveHTTPS
  • www.oanda.sgRegionalActiveHTTPS
  • www.coinpass.comActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

11 official channels on record.

11 channels

Other channels

Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

11 legal entities behind the OANDA brand.

11 entities
  • OANDA CorporationActiveLicence holderUnited StatesRegistration 7310534Holds NFAOANDA's US company, owner of the OANDA trademarks and a subsidiary of OANDA Global Corporation. The broker states it is registered with the CFTC as a Futures Commission Merchant and Retail Foreign Exchange Dealer and is an NFA member, No. 0325821.
  • OANDA EUROPE LIMITEDActiveLicence holderUnited KingdomRegistration 07110087Holds FCAOANDA's UK company, registered in England and serving clients in the UK, Switzerland, Norway and Liechtenstein. The broker states it is authorised and regulated by the Financial Conduct Authority, No. 542574.
  • OANDA COINPASS LIMITEDActiveUnited KingdomRegistration 11164834Trades as OANDA Crypto and offers cryptocurrencies to business clients in the UK. The broker states it is registered by the Financial Conduct Authority under the UK Money Laundering Regulations as a crypto asset firm, No. 921481.
  • OANDA TMS Brokers S.A.ActivePolandRegistration 0000204776OANDA's EU company, formerly Dom Maklerski TMS Brokers S.A., serving clients in the 27 EU countries; NIP 5262759131, LEI 259400RAOM21WEVKS140. The broker states it is supervised by the Polish Financial Supervision Authority under an authorisation of 26 April 2004 (KPWiG-4021-54-1/2004).
  • OANDA (Canada) Corporation ULCActiveLicence holderCanadaHolds CIROOANDA's Canadian company. The broker states it is regulated by the Canadian Investment Regulatory Organization (CIRO) and that client accounts are protected by the Canadian Investor Protection Fund within specified limits.
  • OANDA Asia Pacific Pte LtdActiveSingaporeRegistration 200704926KOANDA's Singapore company. The broker states it holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore.
Show 5 more
  • OANDA Australia Pty LtdActiveLicence holderAustraliaHolds ASICOANDA's Australian company, ABN 26 152 088 349, and the issuer of the products on OANDA's Australian site. The broker states it is regulated by ASIC under Australian Financial Services Licence No. 412981.
  • OANDA証券株式会社ActiveJapanOANDA's Japanese company, named OANDA Japan Co. Ltd. and OANDA Japan Inc. on the group's English pages; its shareholder is OANDA Global Corporation. The broker states it is registered as a Type I Financial Instruments Business Operator (Director-General of the Kanto Local Finance Bureau (Kinsho) No. 2137) and as a commodity futures trading dealer.
  • OANDA Global Markets LtdActiveBritish Virgin IslandsRegistration 2026433OANDA's British Virgin Islands company, serving clients in other countries. The broker states it is authorised and regulated by the BVI Financial Services Commission, No. SIBA/L/20/1130.
  • OANDA Assessments LimitedActiveMaltaRegistration C 106331OANDA group company in Malta. The broker states that none of its services are investment or financial services and that it neither requires nor holds any regulatory authorisation.
  • OANDA Business Information and Services Inc.ActiveUnited StatesOANDA group company trading as OANDA FX Data Services, described by the broker as a Delaware company.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is OANDA CORPORATION. Registered in United States (Delaware). Registration number 3128864.

Confirmed on licence register
Legal entity
OANDA CORPORATION
Registration number
3128864
Jurisdiction
United States (Delaware)
Incorporated
Nov 15, 1999
Registry
GLEIF LEI record LN0GDXREYMHALDVWEU15 (Delaware Division of Corporations, RA000602)
Registered address
Corporation Trust Center, 1209 Orange Street, Wilmington, DE 19801, United States
Frequently Asked Questions

Frequently Asked Questions

Common questions about OANDA

Most Popular Questions

It depends on the OANDA company that holds your account. UK clients of OANDA Europe Limited may be covered by the Financial Services Compensation Scheme if the firm fails, EU clients of OANDA TMS Brokers fall under EU investor compensation rules within statutory limits, and OANDA states that accounts at its Canadian company are protected by the Canadian Investor Protection Fund within specified limits. There is no compensation scheme for a broker's failure in Australia, for CFD trading in Singapore or at OANDA Global Markets in the British Virgin Islands, and OANDA discloses that US forex balances are not covered by SIPC and get no preference in a bankruptcy.

Yes. OANDA Corporation's record on the NFA's register, checked by WIKILIX on 23 October 2026, lists three regulatory actions: NFA case 25BCC00004 of 13 June 2025, whose outcomes include a 600,000 USD fine; NFA case 21BCC00002 of 16 April 2021, with a 200,000 USD fine; and CFTC case 20-29 of 21 August 2020, a cease and desist order with a 500,000 USD civil monetary penalty. OANDA Corporation was still an approved NFA member with current CFTC registrations at that check.

In the US, yes: OANDA Paxos Mobile is a separate app for spot cryptocurrencies, offered with OANDA's partner Paxos, and the coins are held in a Paxos wallet and cannot be withdrawn directly. In the UK, OANDA COINPASS LIMITED, trading as OANDA Crypto, offers cryptocurrencies to business clients and states that it is registered with the FCA as a crypto asset firm under the UK Money Laundering Regulations, No. 921481.

On the US site, OANDA Corporation offers two: the Standard account, with no minimum deposit, and the Elite Trader program for high-volume clients. The global site of OANDA Global Markets shows three accounts in its comparison table, Standard, Premium and Premium Plus, although the same page says it offers four. Premium needs a 10,000 USD deposit or 10 million USD of monthly notional volume, and Premium Plus 50 million USD of monthly notional volume.

Elite Trader is the US site's loyalty program for clients who trade at least 10 million USD a month, with no deposit requirement of its own. It pays cash rebates of 5 to 17 USD per million traded by volume tier, or 5 to 20 USD with Elite Extra, which needs a 50,000 USD deposit or balance. It also adds a dedicated relationship manager, a free VPS and free wire transfers. Clients introduced by an introducing broker or on past pricing promotions are not eligible.

US clients can reach OANDA by web chat, WhatsApp (+1 646 566 8178), Facebook Messenger, SMS or email at frontdesk@oanda.com, from Sunday 4 p.m. to Friday 6 p.m. US Eastern time. OANDA publishes no voice support line: the numbers on its contact page, such as +1 212 858 7690 in the US and +44 7537 411919 in the UK, are SMS lines. Support is offered in English, Spanish and Mandarin, though OANDA says it cannot guarantee multilingual service at all times.

OANDA's own documents disagree. For US clients, the help centre and the charges page say withdrawals are free, but a withdrawal-fee document linked from the charges page lists 20 USD on the first wire withdrawal in a calendar month and that fee plus 15 USD on each further one, and 15 USD on each debit card withdrawal after the first in a month. For OANDA Global Markets clients, the charges page gives 20 USD per wire withdrawal while the help centre gives 20 USD for the first in a month and 35 USD for each further one; Premium and Premium Plus accounts list free withdrawals.

OANDA's US pages give 1 to 3 business days for debit card withdrawals. For wires, the funding page gives 1 to 2 business days within the US and up to 5 abroad, while the help centre gives 1 to 5 business days. These are OANDA's processing times, not the time the money takes to reach you. Other divisions give their own times, for example within one business day for Neteller and Skrill at OANDA Global Markets.

The payment methods depend on the OANDA company that holds your account. US clients deposit by debit card, wire or ACH and withdraw by debit card or wire; UK clients use cards or bank transfers such as Faster Payments and SEPA; EU clients can deposit by card, iDEAL, BLIK or Przelewy24 but withdraw only by bank transfer; and OANDA Global Markets clients can use cards, Neteller, Skrill or bank transfer. Canada adds PayPal, Australia BPAY and PayID, and Singapore PayNow and FAST, with no card payments in Singapore. Withdrawals go back to the source of the deposit, and card refunds are capped at the amount deposited by card.

On OANDA's US site pricing is spread-only by default, and the US pricing page lists spreads of 1.4 pips on EUR/USD and 2.0 pips on GBP/USD. Clients with a deposit or balance of at least 10,000 USD can switch to core pricing: spreads from 0.0 pips on selected majors plus 0.70 USD per 10,000 units on each side, or 7 USD per 100,000. The US site also charges a 20 USD monthly inactivity fee after 12 months without trading and a 1.0% mark-up on currency conversion on v20 forex accounts.

The OANDA companies belong to one group. OANDA Corporation, the US company that owns the OANDA trademarks, is a subsidiary of OANDA Global Corporation, which OANDA also names as the shareholder of its Japanese company.

That depends on where you live. According to OANDA, OANDA Corporation serves US residents, OANDA (Canada) Corporation ULC serves Canadian residents outside Alberta, OANDA Europe Limited serves the UK and a few other countries including Switzerland, Norway and Liechtenstein, OANDA TMS Brokers S.A. serves the EU, OANDA Australia Pty Ltd serves Australia and OANDA Asia Pacific Pte Ltd serves Singapore. Residents of selected other countries are served by OANDA Global Markets Ltd, which is regulated in the British Virgin Islands, and clients in Japan by OANDA's Japanese company through oanda.jp.

It depends on the OANDA company that holds your account. On the US site both accounts trade 68 currency pairs, and US clients can trade spot cryptocurrencies through OANDA Paxos Mobile, a separate app offered with OANDA's partner Paxos. The global site of OANDA Global Markets lists more than 1,500 instruments, and OANDA TMS in the EU runs a CFDs account alongside a stocks account.

OANDA's US site has no minimum deposit and no minimum balance to open or keep an account. Core pricing, which charges a commission in exchange for lower spreads, needs an initial deposit or balance of at least 10,000 USD. On the global site the Standard account is available to all, while Premium needs a 10,000 USD deposit or 10 million USD of monthly notional volume.

On OANDA's US site the maximum leverage is 50:1, for example on EUR/USD, which needs 2% margin. Other pairs need more margin, such as 3% on AUD/USD. Leverage depends on the OANDA company that holds your account, so these US limits do not apply to clients of its other divisions.

OANDA offers its own platform, OANDA Trade (OANDA Web in the browser and the OANDA Mobile app for iOS and Android), plus MetaTrader 4, MetaTrader 5 and TradingView, depending on the division. The US site lists OANDA Web, the mobile app, TradingView and MetaTrader 4, with an optional MT4 premium upgrade of 28 extra tools, but not MetaTrader 5. The global site offers MetaTrader 5, TradingView and the OANDA app, but not MetaTrader 4.

Yes. OANDA Corporation is a member of the National Futures Association under NFA ID 0325821 and is registered with the Commodity Futures Trading Commission as a Futures Commission Merchant and Retail Foreign Exchange Dealer. The NFA's register showed all of these as current on 23 October 2026. The licences of its sister companies from the FCA, the KNF, ASIC, MAS, CIRO, Japan's Financial Services Agency and the BVI Financial Services Commission were also found on those regulators' registers that day. Regulation does not make trading safe in itself: client protections differ by OANDA company, and OANDA Corporation's NFA record lists NFA fines in 2021 and 2025 and a CFTC penalty in 2020.

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