The UK company’s revenue fell 19.3%. Its accounts also show that the FTMO transaction accelerated share awards, changing the explanation of the 2025 earnings reversal.
An original reconstruction of OANDA, tastyfx and FOREX.com filings finds 8,527 fewer disclosed accounts, while the count-weighted profitable share remained close to one in three.
The acquisition received five regulatory approvals, yet FTMO’s own terms say its challenges use fictitious funds and do not create an OANDA brokerage relationship. The contracting entity—not common ownership—defines the customer’s protections.
OANDA Europe Limited’s first full calendar year after the group replaced its residual-profit-split arrangement with a royalty-and-services transfer-pricing structure ended in a £2.073 million pre-tax loss. Revenue fell 19.3% to £14.900 million from £18.474 million, reversing the prior year’s £1.507 million profit.
Tokyo-server positions and balances are scheduled to move to MT5 over 14–15 November. The account transfer will not convert MT4 trading robots, indicators or templates.