Desk file · 2026 edition · record confidence: medium
OANDA
We opened the file on OANDA the way we open every file: register first, marketing never. Trading since 1996, run out of New York, USA, and carrying 5 licence entries on the public record, 5 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $100.00 |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| FCA | UK | T1 | |||
| CFTC/NFA | USA | T1 | |||
| ASIC | Australia | T1 | |||
| IIROC | Canada | T1 | |||
| MAS | Singapore | T1 |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
Not verified
Every field we publish for OANDA traces to a primary source. Nothing on this record is carried on trust.
| Founded | 1996 |
| Head office | New York, USA |
| Minimum deposit | None |
| Leverage cap | 1:50 (US) / 1:30 (UK retail) |
| EUR/USD | 1.00 pips |
| Tier-1 entries | 5 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.