OANDA Review 2026 | Fees, Safety & Trading Platform

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Clients

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Assets

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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

Strong

WeConnectFX Trade Rating Guide

At WeConnectFX, 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 WeConnectFX 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

Company Overview & Analysis

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 12

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

High Leverage

Overall Rating

7.4

Good

Accounts Variant

Account Specification

Min Deposit

Leverage

Min Position

Stop Out

EA Support

Hedging

Scalping

Protection

Islamic

Trading Conditions

Commission

Platforms

Instruments

Employees (7)

Reviews

Please sign in or register to share your experience

Anonymous User

1 year ago

I've been trading with OANDA for several months, and it's been a great experience. The platform is intuitive and offers a wide range of trading tools. The customer support team is always prompt and efficient in resolving any issues. I also appreciate the transparency in pricing and the educational resources available. OANDA is definitely a top choice for traders of all levels!

Anonymous User

1 year ago

I like this platform very much because I can choose to display important news. I mean the news- is about to be released on the chart. I can adjust my position to a tight level.

OANDA

OANDA

Contact Info

WeConnectFX 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

Company Overview & Analysis

Associated Entities

OANDA Entity

Account Types

Choose the best fit for your trading style

Account Specification

Trading Conditions

Employees (7)

John Kyvetos

Galin Georgiev

Marcin Niewiadomski

Keith Sizer II

Sandra Tan

Karan Malhotra

Wei Qiang Lee

Reviews