OANDA review: regulation, fees and platforms

Facts read from OANDA's own website, checked 2026-10-28. Anything not found there is marked "Not stated on the broker's site".

  • Minimum deposit: £0 (No minimum deposit or balance, OANDA Europe Limited)
  • Max retail leverage: 30:1
  • Regulators: 1: FCA (1 tier-1)
  • Retail loss figure: 76.6% of retail accounts lose money (OANDA Europe Limited (UK))
  • Islamic account: Not stated on the broker's site
  • Instruments: Not stated on the broker's site
  • Founded: Not stated on the broker's site
  • Headquarters: Not stated on the broker's site

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you can afford to take the high risk of losing your money.

Regulation

RegulatorCountryLicenceEntity
Financial Conduct Authority (FCA)United KingdomNot stated on the broker's siteOANDA Europe Limited

Account types

Not stated on the broker's site

Maximum retail leverage by region

Max leverageWhere it applies
30:1Major FX, OANDA Europe Limited (UK)

Platforms

OANDA web, OANDA mobile app, TradingView, MetaTrader 4, MetaTrader 5

Deposit methods

Debit card (Visa, Mastercard), Credit card, Faster Payments, BACS, CHAPS, SWIFT, SEPA

Notes from the check

  • UK site cites over 25 years of experience but no founding year.
  • The UK pages checked give no spread or commission figures per account.

ScaleEdge score: 61/100 (rank 7 of 12 by our published method)

FactorPointsBasis
Tier-1 regulators15/301 tier-1: FCA
Retail loss figure5/1576.6% of retail accounts lose money (OANDA Europe Limited (UK))
Minimum deposit15/150 GBP
Platform choice16/20MT4, MT5, TradingView, own platform (OANDA web)
Raw spread and commission7.5/15Not stated on the broker's site, scored neutral (7.5 of 15)
Islamic (swap-free) account2.5/5Not stated on the broker's site, scored neutral (2.5 of 5)

How the score works.

Sources (checked 2026-10-28)

OANDA official website

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