OANDA Review 2026 | Fees, Safety & Trading Platform

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Clients

Assets

0 USD

Min Deposit

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Avg Spread

OANDA

7.4/10

Since 1997

Canada

Trust: 9.2/10

Visit

Contact Info

frontdesk@oanda.com

phone

+44 02031512050

Environment

N/A

Pending

WeConnect FX Trade Rating Guide

At **WeConnect FX**, we are committed to transparency. Below is an overview of our proprietary trade rating system, which assesses brokers based on platform reliability, user trust, financial transparency, and operational history to ensure your peace of mind.

Rating	Label	Meaning
AAA	Elite	Exceptional transparency and trust with long-term consistency.
AA	Excellent	Highly reliable with minor improvement areas.
A	Strong	Performs well overall but may lack deep market credibility.
B	Average	Meets basic expectations, moderate user concerns.
C	Weak	Lacks consistent performance or transparency.
D	High Risk	Significant red flags or repeated user complaints.

Our **WeConnect FX** rating model uses broker performance signals, licensing history, global presence, and client feedback. It's designed to assist *our users* in evaluating the safety and service quality of trading platforms effectively.

Social Media

https://www.twitter.com/oanda

https://www.facebook.com/OANDAfx/

OANDA

Licenses

6 licenses

weconnectFX

NO:100154

Australian Securities and Investments Commission

General Market License

Regulatory Status

Authorised

Regulatory Jurisdiction

Australia

Licensed Entity

Brands

Phone

License No

412981

Effective Date:

25 Mar 2012

Attached Documents:

Sharing Status:

Exclusive

weconnectFX

NO:100155

Financial Conduct Authority

FX Market License

Regulatory Status

Authorised

Regulatory Jurisdiction

United Kingdom

Licensed Entity

Brands

Phone

License No

542574

Effective Date:

16 May 2011

Attached Documents:

Sharing Status:

Exclusive

weconnectFX

NO:100156

Investment Industry Regulatory Organization of Canada

Regulatory Status

Authorised

Regulatory Jurisdiction

Canada

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

weconnectFX

NO:100157

Malta Financial Services Authority

Regulatory Status

Authorised

Regulatory Jurisdiction

Malta

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

weconnectFX

NO:100158

British Virgin Islands Financial Services Commission

Regulatory Status

Authorised

Regulatory Jurisdiction

Virgin Islands,British

Licensed Entity

Brands

Phone

License No

SIBA/L/20/1130

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

weconnectFX

NO:100159

National Futures Association

Regulatory Status

Authorised

Regulatory Jurisdiction

United States

Licensed Entity

Brands

Phone

License No

0325821

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

Country Availability

12 locations

Country

Rating

Authorization

Status

Canada

7.4/10

Authorized

active

Australia

7.4/10

Authorized

active

Japan

7.4/10

Authorized

active

United States

7.4/10

Authorized

active

Germany

7.4/10

Authorized

active

India

7.4/10

Authorized

active

Canada

7.4/10

Authorized

active

Italy

7.4/10

Authorized

active

Spain

7.4/10

Authorized

active

Singapore

7.4/10

Authorized

active

Taiwan

7.4/10

Authorized

active

Switzerland

7.4/10

Authorized

active

Payment Methods

About OANDA

General Information

Description

Is OANDA a Scam or Not? Detailed OANDA Review, which is a must read before you trade with this Forex broker. Read all OANDA pros and cons, full description of trading accounts, platforms, spreads, promotions.

Headquarters

Canada

Registration 0

Business Model MM/DD

Risk Assessment

Status

Risk Overrun No

High Risk No

Client Feedback

Total Reviews 10

Performance

Influence Score N/A

Contribution N/A

Associated Entities

Registered business entities

OANDA Entity

Awards 370 King Street West 2nd Floor Box 60 Toronto ON M5V 1J9

Account types

Choose the best fit for your trading style

Accounts Variant

Account Specification

Minimum Deposit

Leverage

Min Position

Stop Out Level

Supported EA

Hedging

Scalping

Negative Balance Protection

Islamic Account

Trading Conditions

Commission

Platforms

Instruments

Employees (7)

Reviews

Please sign in to share your experience

Anonymous User

Their swap fees are ridiculously high. It eats into profits way too fast.

Reviewed on Oct 29, 2025

Anonymous User

Trustable broker, fast and quality customer service

Reviewed on Oct 19, 2025

Anonymous User

I have been a customer with them for a few years and it's unfortunate this situation happened. I appreciate the security concern but now they are asking for more and more just so I can withdraw my funds. I am in a financial situation and although it may not seem like a lot of money to them, it would help me tremendously. They changed vendors and and their practices have changed ok fine. They asked to verify my address, I provided a bank statement. A bank statement associated with the SAME DEBIT CARD that they have happily taken my deposits from. However, they are refusing to withdraw my funds to the associated bank account because they stated my deposit was from a different account. They are both my account, why does it matter? You have no issue taking my funds but won't give them back? I am going to report this on every single site. I will return to trading, but not with them. Very disappointed.

Reviewed on Sep 01, 2025

Anonymous User

Really good customer service and reactive when you need a support.

Reviewed on Jun 05, 2025

Anonymous User

I'm brand new to this, and the help desk was great with my first emergency. informative and patient, great combo.

Reviewed on Apr 08, 2025

OANDA

OANDA

Contact Info

WeConnect FX Trade Rating Guide

Licenses

Australian Securities and Investments Commission

Financial Conduct Authority

Investment Industry Regulatory Organization of Canada

Malta Financial Services Authority

British Virgin Islands Financial Services Commission

National Futures Association

Country Availability

Payment Methods

About OANDA

Associated Entities

OANDA Entity

Account types

Choose the best fit for your trading style

Account Specification

Trading Conditions

Select an Account Type

No Account Types Available

Employees (7)

John Kyvetos

Galin Georgiev

Marcin Niewiadomski

Keith Sizer II

Sandra Tan

Karan Malhotra

Wei Qiang Lee

Reviews

🤖 WeConnectFX Bot