CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
Is it safe?

Is OANDA safe and legit?

Short answer, from public records

OANDA states licences from NFA/CFTC and ASIC. We matched 2 on the regulator's own register (NFA/CFTC, ASIC). We found no regulator warning naming the firm itself.

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OANDA reviewLicences, costs, platforms and accounts

Licences

Full broker page
  • ✓ On registerNFA/CFTC 0325821OANDA CORPORATION · Checked on 17 Oct 2026
  • ✓ On registerASIC 412981OANDA AUSTRALIA PTY LTD

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not OANDA)

Real site: https://www.oanda.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is OANDA safe?

OANDA states licences from NFA/CFTC and ASIC. We matched 2 on the regulator's own register (NFA/CFTC, ASIC). We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is OANDA regulated?

OANDA states licences from NFA/CFTC, ASIC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake OANDA websites?

We found no regulator warnings about look-alike sites for OANDA. Still type the address yourself: https://www.oanda.com/

Which OANDA company holds the NFA/CFTC licence (United States)?

OANDA CORPORATION, licence number 0325821. We matched it on the regulator's own register. Check it yourself on the register: https://www.nfa.futures.org/BasicNet/basic-profile.aspx?nfaid=0325821

Which OANDA company holds the ASIC licence (Australia)?

OANDA AUSTRALIA PTY LTD, licence number 412981. We matched it on the regulator's own register. Check it yourself on the register: https://data.gov.au/data/dataset/asic-afs-licensee

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.