OANDA Corporation

What OANDA Corporation does

OANDA Corporation is a global online retail forex and cryptocurrency broker founded in 1996, operating across nine regions with primary US regulatory oversight (NFA member ID 0325821, registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the CFTC). The company serves individual retail traders, high-volume professional traders, algorithmic/API developers, and beginner traders through a multi-platform trading ecosystem that includes the proprietary OANDA Trade web and mobile platforms, MetaTrader 4 (via a custom bridge with 28 exclusive premium indicators), TradingView integration (leveraging 50+ million active users), and a Paxos-powered crypto trading application. OANDA provides access to 68+ major and minor currency pairs plus 8 cryptocurrencies (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, PAX Gold, Chainlink, Uniswap, Solana), and supports programmatic trading through a v20 REST API with historical pricing data dating to 2005.

The company's core technology is a proprietary v20 trading engine that aggregates real-time prices from global liquidity providers and calculates spreads symmetrically around the mid-point, with no internal dark pools or dealer intervention. Revenue is generated through a multi-stream transaction-based model: spread-only pricing (commission embedded in the spread), Core Spread Plus Commission pricing on lower spreads, financing/holding charges on open positions, 1% home currency conversion markups, $20 monthly inactivity fees after 12 months of dormancy, and 0.75% crypto trading commissions. The Elite Trader Program offers tiered volume-based rebates from $5 to $17 per million traded, with dedicated relationship managers targeting high-volume accounts at $10M+ monthly volume thresholds. Distribution is predominantly product-led growth via self-service digital account opening, supported by content marketing (OANDA Learn, Trade Tap blog), the New York Red Bulls sports sponsorship, and affiliate/partner programs.

OANDA was acquired by proprietary trading firm FTMO from CVC Capital Partners in December 2025, with FTMO founders Otakar Šuffner and Marek Vašíček assuming co-CEO positions in March 2026. The company maintains wholly-owned subsidiary OANDA Japan Inc and a majority stake in UK-regulated crypto exchange Coinpass (acquired August 2023). Prior inorganic moves include the 2021 acquisition of TMS and 2018 acquisition of GFM Solutions Group. Awards include 19 industry recognitions between 2020-2025, with three consecutive TradingView Most Popular Broker awards (2020-2022).

Name

OANDA Corporation

Legal name

OANDA Corporation

Website

https://oanda.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

501–1,000 employees

Short description

OANDA Corporation is a global online retail forex and cryptocurrency broker serving individual, professional, and algorithmic traders across nine regions. Regulated by the NFA and CFTC in the US, it offers 68+ FX pairs and 8 cryptos through proprietary and partner platforms including MetaTrader 4 and TradingView.

Ownership category

akta.pro rank

Product category

Online Retail Forex Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (523160)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Multi-Asset Smart Order Routing (SOR) & Aggregation Venues (FSAFAEAH)

akta.pro secondary industry

Algorithmic Trading & Execution Platforms (FSAFANAN)

Keywords

• Retail forex trading
• Online brokerage services
• Currency exchange platform
• Algorithmic trading API
• Cryptocurrency spot trading

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Spread-only pricing: Commission wrapped into the spread - the spread is the only cost the client pays. The pricing engine calculates spread symmetrically around mid-point from liquidity providers.
2. Core Spread Plus Commission: Lower spreads with per-side commission charges. Commission starts at $0.01 minimum per trade, assessed on buy and sell sides, pro-rated for trades greater or smaller than 100,000 units.
3. Financing/Holding Charges: Holding/rollover charge or credit for positions kept open over time. Based on market conditions and liquidity providers' tom-next swap rates plus admin fee (1% for most pairs, 2% for CZK/HUF/SAR/THB/ZAR, 4% for TRY pairs).
4. Home Currency Conversion: 1.0% mark-up or mark-down applied to mid-market rate when trading instruments in a currency different from account's home currency. Applied to realized profits/losses and adjustments.
5. Inactivity Fees: Monthly charge of $20 USD levied after 12 months of no trading activity. Not charged when there is an open position.
6. Crypto Trading Commission: 0.75% fee (minimum $0.01) on all executed crypto orders, calculated as 0.75% x order quantity x fill price. No spread markup or custody fee.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

OANDA Corporation operates an online multi-platform trading ecosystem for retail forex and cryptocurrency trading, providing access to 68+ currency pairs and 8 cryptocurrencies. The service is delivered through the proprietary OANDA Trade web and mobile platform, MetaTrader 4 with a custom bridge, and TradingView integration, supported by transparent mid-point pricing sourced from global liquidity providers and automated execution. An Elite Trader program offers volume-based rebates to high-volume traders, and a v20 REST API enables programmatic and algorithmic trading with historical data back to 2005.

Product overview

OANDA Corporation operates as a global online forex and cryptocurrency broker offering a multi-platform trading ecosystem. The core product is the OANDA Trade platform (web and mobile), which provides access to 68 forex currency pairs and 8 cryptocurrencies through a partnership with Paxos (itBit Exchange). The platform integrates with third-party trading platforms including MetaTrader 4 (MT4) with a proprietary bridge offering 28 premium indicators, and TradingView for advanced charting with 100+ technical indicators. The Elite Trader Program provides volume-based rebates for high-volume traders. Additional tools include Autochartist for automatic technical pattern recognition, a v20 REST API for programmatic trading, and MT4 premium upgrades. The company was acquired by FTMO in December 2025 and maintains regulatory oversight from the NFA and CFTC.

Differentiator

Problem solved

Functional benefit

Products and services

• OANDA Trade Platform (Web) Flagship web-based online trading platform offering forex and cryptocurrency trading with real-time pricing, advanced charting powered by TradingView, and integrated market analysis tools, accessible via browser and mobile apps.
• OANDA Mobile App (iOS/Android)
• MetaTrader 4 (MT4) Platform
• OANDA Cryptocurrency Trading
• Forex Trading Services Online forex brokerage offering 68 major, minor, and cross currency pairs with spreads from 0.0 pips, competitive commissions, and leverage up to 50:1, supporting nearly 24-hour trading five days a week with institution-grade execution.
• Elite Trader Program
• v20 REST API
• OANDA Hub

Quantifiable outcome

• Spreads from 0.0 pips on EUR/USD for Elite Trader clients
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability2 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• PaxoscoreTechnology or IntegrationPartnership with Paxos Trust Company for cryptocurrency trading services. Paxos's itBit exchange provides the underlying crypto exchange and custody services. OANDA offers spot trading for 8 cryptocurrencies including Bitcoin, Ethereum, Litecoin, and more through this integration.
• TradingViewcoreTechnology or IntegrationTwo-way partnership with TradingView enabling users to trade directly from TradingView charts using their OANDA account. OANDA's pricing and execution integrated with TradingView's charting platform. Over 50 million active investors on TradingView platform.
• New York Red BullsminorGTM or Marketing PartnerOfficial jersey sleeve patch partner of Major League Soccer team New York Red Bulls. Sports marketing partnership for brand visibility in US market. Includes promotional offers and content collaborations.
• MetaTrader 4 (MetaQuotes)coreTechnology or IntegrationCustom MT4 bridge combines OANDA's pricing and execution with MetaTrader 4's charting and analysis capabilities. MT4 premium upgrade available with 28 additional indicators exclusive to OANDA.
• OANDA Japan InccoreTechnology or IntegrationSubsidiary of OANDA Corporation operating in Japan. Announced margin requirement changes for XAG/USD from 20% to 10% effective June 22, 2026, demonstrating local market adaptations.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• FXCM: Established US-regulated retail forex broker offering MT4, Trading Station, and proprietary platforms with active-trader pricing. Overlaps significantly with OANDA in retail FX targeting, US regulatory positioning (CFTC/NFA), and volume-tier loyalty programs.
• Pepperstone: Australia-headquartered global retail FX broker offering MT4/MT5/cTrader and TradingView integration with tight spreads and an active-trader rebate tier. Directly competes with OANDA in retail FX, particularly in the Asia-Pacific and European regions where OANDA also operates.
• eToro: Global retail broker offering forex, CFDs, and crypto with a strong social-trading platform. Comparable to OANDA on retail FX + crypto bundled offering, multi-platform mobile/web distribution, and beginner-friendly positioning alongside active-trader products.
• Tickmill: Multi-regulated retail FX broker offering tight spreads, MT4/MT5 platforms, and an active-trader VIP program. Comparable to OANDA in core retail FX value proposition, platform integrations, and volume-tier rebates for professional traders.
• CMC Markets: UK-listed multi-asset retail broker specializing in FX, CFDs, and spread betting with proprietary Next Generation platform. Comparable to OANDA as a regulated, well-established retail FX broker with global footprint, active-trader focus, and proprietary trading technology stack.
• FOREX.com (StoneX): StoneX-owned retail forex broker offering MT4, MT5, TradingView, and proprietary platforms targeting US, UK, and other regulated markets. Direct overlap with OANDA in retail FX product, US CFTC/NFA regulation, and active-trader pricing tiers.

Broad incumbents

• Interactive Brokers: Large multi-asset broker serving active retail and institutional traders with deep FX, futures, and equities coverage. Overlaps with OANDA in advanced-trader and API-driven execution segments, especially for clients using automated strategies on a globally regulated venue.
• Saxo Bank: Denmark-headquartered multi-asset broker serving active retail and professional traders with deep FX, futures, and equities coverage via SaxoTraderGO/Pro. Comparable to OANDA on multi-platform trading, advanced charting, and broad regulatory footprint across regions.
• IG Group: One of the largest global retail FX/CFD brokers, listed on the LSE, offering multi-asset trading across forex, indices, shares, and commodities. Comparable to OANDA as a horizontally diversified retail brokerage with strong brand, multi-platform offering, and advanced regulatory footprint across multiple jurisdictions.
• Plus500: Listed multi-asset CFD broker with a simple, mobile-first platform and broad crypto/CFD offering. Comparable to OANDA in global retail brokerage but skews more toward beginner traders via a streamlined UI rather than the active/algo trader segments OANDA targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/OANDA
• YouTubeyoutube.com/oanda
• Facebookfacebook.com/OANDAfx
• LinkedInlinkedin.com/company/oanda
• Instagraminstagram.com/oanda

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OANDA Corporation