OANDA’s UK brokerage centres on two account systems. v20 supplies its web platform, MT4 and API access, while OANDA One adds MT5 and share/ETF CFDs. The choice affects available markets, position sizing and how margin and financing work.[6][7]
Broker essentials01
Business essentials
| Measure | Value | Context |
|---|---|---|
| Group history | Founded in 1996; acquired by FTMO on 1 December 2025. | Source 3 |
| UK operating company | OANDA Europe Limited; company 07110087, incorporated 21 December 2009. | Source 14 |
| UK office | Dashwood House, 69 Old Broad Street, London EC2M 1QS. | Source 14 |
| Account access | No minimum account balance; individual, joint and corporate accounts; support 24/5. | Source 6 |
| Service scope | Leveraged CFDs; v20 also offers a separate spread-betting sub-account. | Source 6 |
Accounts, markets and platforms
Sections ↑Account comparison02
UK account comparison
| Feature | v20 | OANDA One |
|---|---|---|
| Forex | 65+ currency pairs | 65+ currency pairsSource 6 |
| Other CFD markets | Indices, commodities, metals and bonds | Indices, commodities, metals, shares and ETFsSource 6 |
| Trading software | OANDA web, mobile and MT4 | OANDA mobile and MT5Source 6 |
| Programmatic access | v20 API | No OANDA API service in the account comparisonSource 6 |
| Sizing convention | Units; minimum can be as low as one unit | Lots; instrument-specific minimumSource 6 |
| Position accounting | Netting by default; hedging can be enabled | HedgingSource 7 |
MetaTrader supports Expert Advisors. OANDA also provides TradingView charting and technical-analysis tools, including Autochartist. These tools serve different workflows: API access supports custom integrations, while charting and scanners help locate and manage discretionary trades.[10][9]
Platforms & products03
Account mechanics that affect position management
| Mechanic | v20 | OANDA One |
|---|---|---|
| Initial margin | Recalculated using current mid-prices | Set using the execution-time bid/ask priceSource 7 |
| Margin close-out | Closes the account’s open positions, except closed markets | Closes the largest losing position first, then further positions as neededSource 7 |
| Financing settlement | Daily financing postings | Most swaps accrue until close; commodities settle dailySource 7 |
| Trailing stops | OANDA-native server trailing stops available | MT5 terminal must remain running for native trailing stopsSource 7 |
| WTI/Brent standard lot | 100 barrels on MT4 | 1,000 barrels on MT5Source 12 |
| Natural gas / copper lot | 2,500 mmBtu / 2,500 lb on MT4 | 10,000 mmBtu / 25,000 lb on MT5Source 12 |
Trading and holding costs
Sections ↑Pricing & charges04
Published UK charges
| Charge | Rate or method | Applies to |
|---|---|---|
| Advertised spread floor | From 0.6 pips | Marketing minimum; pair and live market conditions determine the quoteSource 9 |
| Share/ETF CFD dealing | 0.06% of notional on opening and again on closing | UK, US, French, German and Spanish shares; ETFsSource 8 |
| Other share CFD dealing | 0.08% of notional on each side | Belgian, Danish, Finnish, Dutch, Portuguese and Swedish sharesSource 8 |
| Currency conversion | 1.0% adjustment to the prevailing mid-rate | v20/v20 MT4 realised P/L and related cash adjustmentsSource 8 |
| Guaranteed stop | Fixed premium if triggered | Eligible guaranteed stop-loss ordersSource 8 |
| Inactivity | Up to £20 per client per month after 12 months without trading | No charge with an open position; cannot create a negative balanceSource 8 |
Pricing & charges05
Financing components
| Instrument | Annual administrative component | Additional basis |
|---|---|---|
| Most forex pairs | 1% | Variable market swap ratesSource 11 |
| CZK, HUF, SAR, THB and ZAR pairs | 2% | Variable market swap ratesSource 11 |
| TRY pairs | 4% | Variable market swap ratesSource 11 |
| Gold and silver | 1% | Market financing rateSource 11 |
| Indices, shares/ETFs, other commodities/metals and bonds | 2.5% | Market financing; short share/ETF positions can add borrowing chargesSource 11 |
Funding and operating hours
Sections ↑Account comparison06
UK payments
| Service | Published terms |
|---|---|
| Card deposits | Visa/Mastercard credit or debit; typically visible within one business day.Source 13 |
| Bank deposits | Faster Payments, BACS, CHAPS, SEPA and wire routes; processing depends on the route.Source 13Source 8 |
| Deposit / withdrawal fees | OANDA charges £0; bank and payment-provider charges can apply.Source 8 |
| Withdrawals | Cards and bank transfers; funds return to their source. Multiple funding methods follow the stated debit-card, credit-card, then bank-transfer hierarchy.Source 13 |
Trading & service hours07
Selected trading sessions
| Market | Regular session | Time zone |
|---|---|---|
| Forex except TRY | Sunday 17:05 to Friday 16:59; daily 16:59–17:05 break | New YorkSource 12 |
| TRY pairs | Monday–Friday 08:00–17:00 | Central EuropeSource 12 |
| UK 100 CFD | Monday–Friday 01:01–20:59 | LondonSource 12 |
| UK share CFDs | Monday–Friday 08:01–16:29 | LondonSource 12 |
| US share / ETF CFDs | Monday–Friday 09:31–15:59 | New YorkSource 12 |
Ownership, management and protection
Sections ↑FTMO replaced CVC Asia Fund IV as OANDA’s owner in December 2025; the purchase price was not disclosed. On 27 March 2026, OANDA announced FTMO founders Otakar Šuffner and Marek Vašíček as joint co-CEOs, succeeding Gavin Bambury.[3][4]
The separate OANDA Prop Trader programme announced a transition to FTMO on 2 March 2026, with migration or qualifying refund options and a 31 March deadline. That announcement concerned the prop programme; this profile’s account tables cover the UK brokerage service.[5]
Protections & eligibility08
Selected entities and UK retail protection
| Entity or safeguard | Reference / treatment |
|---|---|
| OANDA Europe Limited | UK company disclosure: FCA FRN 542574.Source 9 |
| OANDA Australia Pty Ltd | Australian company disclosure: AFSL 412981.Source 15 |
| UK retail CFD limits | Instrument-based leverage limits, margin close-out rules and negative-balance protection.Source 2 |
| UK investment compensation | Eligible claims against a failed firm: FSCS up to £85,000 per person per firm; market losses are excluded.Source 1 |
Company background & evidence
Sections ↑- Founded
- 1996 (group/brand history; UK entity incorporated in 2009)
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
OANDA Europe Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Conduct Authority542574 | Not verified | Checked 9 Oct 2026Firm-published FCA reference. The entity-specific FCA page did not expose its current record when inspected on 9 October 2026. The verification label records that retrieval limit; it is not an adverse finding about the licence.Source 9 |
OANDA Australia Pty Ltd
AustraliaSource 15
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Australian Securities and Investments Commission412981 | Not verified | Checked 9 Oct 2026Firm-published Australian financial services licence. Current ASIC permissions were not independently inspected for this profile; no adverse licence finding is implied.Source 15 |
Sources & further reading
- Investment protection: eligibility and compensation limits Financial Services Compensation Scheme · Accessed 9 Oct 2026
- FCA confirms permanent restrictions on the sale of CFDs and CFD-like options to retail consumers Financial Conduct Authority · 1 Jul 2019 · Accessed 9 Oct 2026
- FTMO completes acquisition of OANDA OANDA · 2 Dec 2025 · Accessed 9 Oct 2026
- OANDA announces leadership change OANDA · 27 Mar 2026 · Accessed 9 Oct 2026
- OANDA Prop Trader transition within FTMO Group OANDA · 2 Mar 2026 · Accessed 9 Oct 2026
- UK standard account: v20 and OANDA One comparison OANDA Europe Limited · Accessed 9 Oct 2026
- UK sub-account differences: v20 and OANDA One OANDA Europe Limited · Accessed 9 Oct 2026
- UK trading charges, conversion and inactivity fees OANDA Europe Limited · Accessed 9 Oct 2026
- UK trading products, platforms and tools OANDA Europe Limited · Accessed 9 Oct 2026
- UK forex CFDs and MetaTrader functionality OANDA Europe Limited · Accessed 9 Oct 2026
- UK financing rates and administrative charges OANDA Europe Limited · Accessed 9 Oct 2026
- UK contract sizes and instrument trading hours OANDA Europe Limited · Accessed 9 Oct 2026
- UK account funding and withdrawals OANDA Europe Limited · Accessed 9 Oct 2026
- OANDA Europe Limited: company 07110087 Companies House · Accessed 9 Oct 2026
- Australian account support and regulatory disclosures OANDA Australia Pty Ltd · Accessed 9 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.