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OANDA

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Is OANDA trustworthy?

Greg
Serbia
2022-06-13
ANSWER OANDA is a trademark of OANDA Corporation, a company has subsidies regulated and authorised by several regulatory bodies. OANDA (Canada) Corporation ULC is regulated by the Investment Industry Regulatory Organization of Canada (IIROC).OANDA Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) under license number: 412981.OANDA Corporation is a authorised by the US National Futures Association (NFA) under an NFA ID: 0325821. OANDA Europe Limited is regulated by the Financial Conduct Authority (FCA) with reference number: 542574.OANDA Europe Markets Limited is authorised by the Malta Financial Services Authority (MFSA).OANDA GLOBAL MARKETS LIMITED is overseen by the British Virgin Islands Financial Services Commission (BVI FSC).As a licensed broker under strict regulation by the UK FCA, the US NFA, the Singapore MAS, and the Australian ASIC, this broker is subject to a series of rigorous rules and obligations required by financial authorities, therefore operating in a relatively credible and transparent way with a secure trading environment. Hence, OANDA is considered a relatively reliable broker compared to unregulated or weak-regulated brokers.
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Hi! I always prefer Mastercard as method of payment, and want to start trading with Oanda as they do offer this method. What is your rating for this broker?

france Paul
Chile
2021-12-19
ANSWER Oanda is overseen by several regulators from various jurisdictions, including some top-tier regulators like the UK's Financial Conduct Authority (FCA), America's National Futures Association (NFA), the Australian Securities & Investment Commission (ASIC), the Investment Industry Regulatory Organization of Canada (IIROC) and Futures Commission (SFC) of Hong Kong, the Monetary Authority of Singapore (MAS) and the Malta Financial Services Authority (MFSA).  According to our users' reviews, Oanda is rated 7.8 out of 10. For more trading details and company profiles about this broker, you can check our full Oanda review.
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