Is OANDA a Scam? Regulation Check 2026

We checked OANDA's licence in the official CFTC register. Here is what the public records say.

Verdict

OANDA is NOT a scam. It holds CFTC licence 0325821, authorising it to offer trading services in United States.

How to verify on the official register

Regulator CFTC
Commodity Futures Trading Commission (CFTC)
Licence Number0325821
Regulated EntityOANDA Corporation
Founded1996

What CFTC regulation means

CFTC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with CFTC directly.

What CFTC regulation means for your money

  • Client funds held in segregated bank accounts, separate from OANDA's own capital
  • Negative balance protection β€” you cannot lose more than your deposit
  • Right to file complaints directly with CFTC if OANDA fails to resolve your issue
  • OANDA submits to regular independent financial audits under CFTC oversight

Frequently Asked Questions

Is OANDA a scam or legitimate?

OANDA is NOT a scam. It holds CFTC licence number 0325821. CFTC is one of the world's most respected financial regulators. The licence is publicly verifiable in the CFTC official register.

How do I check OANDA's CFTC licence?

Go to the official CFTC website and use the public register search. Search for licence number 0325821 or the entity name. The record will confirm OANDA's authorisation status and the scope of its permissions.

Are my funds safe with OANDA?

As an CFTC-regulated broker, OANDA must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if OANDA encounters financial difficulties.

What protection do I have as a OANDA client in United States?

In United States, OANDA operates under CFTC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with CFTC.

67.4% of retail investor accounts lose money when trading CFDs with OANDA.

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