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OANDA Review 2026

Founded 1996 · New York, USA

Last updated: May 10, 2026

OANDA is a globally regulated forex broker with deep roots in currency data. It is highly respected for its transparent pricing, lack of minimum deposit, and strong support for US traders.

Min Deposit
$0
Spread From
1.0 pips
Max Leverage
1:50
Execution
30ms
TrustMetrics™ Score
96
out of 100
🛡️ Regulation & Safety30/30
💰 Trading Costs19/25
Platform & Execution23/20
🏦 Withdrawals & Support14/15
📚 Education & Tools14/10
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Is OANDA Safe?

Yes, OANDA is considered a highly safe broker. Here's our complete analysis of OANDA's regulation, fund protection, and track record.

Last verified: May 10, 2026

96/100
TrustMetrics™ Score
regulation
30/10
tradingCosts
19/10
platform
23/10
withdrawals
14/10
education
14/10

Regulatory Licenses

OANDA holds 4 regulatory licenses. This includes 4 Tier-1 license(s) from the world's most stringent regulators — a strong indicator of safety.

CFTC
License: NFA 0325821
Tier 1
FCA
License: 542574
Tier 1
ASIC
License: 412981
Tier 1
CIRO
License: Approved
Tier 1

Safety Checklist

Tier-1 Regulation
Licensed by CFTC, FCA, ASIC, CIRO
Segregated Client Funds
Client funds held in segregated bank accounts
Negative Balance Protection
Required by Tier-1 regulation
Operating Since 1996
30+ years of track record
Investor Compensation Scheme
Covered by regulatory compensation fund
Trust Score Above 70
TrustMetrics score: 96/100

Our Verdict

OANDA is one of the safest brokers we've reviewed. With 4 Tier-1 license(s) and a trust score of 96/100, it meets the highest standards for retail trader safety. Client funds are segregated, negative balance protection is in place, and the broker has operated since 1996. We consider it safe for deposits of any size.

Frequently Asked Questions

Is OANDA regulated?

Yes, OANDA is regulated by CFTC, FCA, ASIC, CIRO. It holds 4 Tier-1 license(s), which is the highest standard of regulatory oversight.

Is OANDA a scam?

No, OANDA is not a scam. It is a licensed and regulated broker with Tier-1 regulation from CFTC and FCA and ASIC and CIRO. It has been operating since 1996 and maintains segregated client accounts.

Can I trust OANDA with my money?

OANDA scores 96/100 in our TrustMetrics system. This places it among the most trusted brokers we've reviewed.