{ "schemaVersion": 1, "kind": "demoOffering", "id": "oanda-mt4-us", "urls": { "html": "/demo-accounts/oanda-mt4-us.html", "json": "/demo-accounts/oanda-mt4-us.json", "markdown": "/demo-accounts/oanda-mt4-us.md" }, "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.", "record": { "checked": "2026-10-12", "tested": false, "funds": null, "currency": null, "fundsLabel": "Not recorded", "fundsNote": "Starting balance not established.", "expiryType": "inactivity", "expiry": "Closed after 90 days without activity; cannot reopen", "expiryNote": "", "evidence": "documented", "signup": "Create OANDA demo, then MT4 subaccount", "note": "Documentation review only; signup not tested.", "id": "oanda-mt4-us", "broker": "OANDA", "entity": "OANDA Corporation", "regions": [ "US" ], "region": "US", "regionLabel": "United States", "researchScope": "United States", "platform": "mt4", "platformLabel": "MetaTrader 4", "terms": "Usually same price feed as live; hedging unavailable", "fundingReset": "Hub virtual funding; create new subaccount after closure", "deposit": "No; separate demo", "devices": "Desktop; OANDA web/mobile also access v20 MT4 account", "forexCoverage": "Forex available; demo pair count not stated", "eligibility": "US entity reviewed; residence selected at signup. Complete demo country list not stated.", "evidenceNote": "Official broker documentation; signup and trading not tested.", "sources": [ "oanda-1", "oanda-2" ], "visit": "oanda-1", "regulation": { "status": "Verified", "entity": "OANDA Corporation", "regulator": "CFTC / National Futures Association (NFA)", "finding": "Live NFA BASIC profile identifies OANDA CORPORATION, ID 0325821: NFA Member Approved; CFTC Registered as Futures Commission Merchant and Retail Foreign Exchange Dealer; Forex Dealer Member designation.", "scope": "US entity only. Registration is not an endorsement or assessment of demo execution, safety, all group companies or foreign-resident eligibility. Regulatory-action history was not assessed.", "sources": [ "oanda-reg-1", "oanda-reg-2" ] }, "signupLink": { "kind": "portal", "note": "Register in OANDA Hub; platform setup follows.", "status": "Official entry route", "url": "https://hub.oanda.com/apply/select", "sourceUrl": "https://help.oanda.com/us/en/faqs/open-demo-account.htm", "checked": "2026-10-13", "tested": false }, "execution": { "scope": "OANDA Corporation · US OTC forex; excludes third-party spot cryptocurrency services.", "tested": false, "role": { "value": "Principal", "status": "Documented", "note": "Sections 2(b) and 9(a) make OANDA the counterparty to OTC forex trades on a principal-to-principal basis.", "sources": [ "ex-c-oanda-contract" ], "checked": "2026-10-13" }, "arrangement": { "value": "OTC quotes set by OANDA", "status": "Broker-reported", "note": "Section 9(b)-(c) provides OANDA quotes and execution at the prevailing server rate; displayed rates can change before execution.", "sources": [ "ex-c-oanda-contract" ], "checked": "2026-10-13" }, "demo": { "value": "Usually the same price feed", "status": "Broker-reported", "note": "The US general demo FAQ says the demo usually uses the live price feed. It does not establish equal fills, liquidity, slippage or charges on MT4, TradingView or web/mobile.", "sources": [ "ex-c-oanda-demo" ], "checked": "2026-10-13" }, "review": { "checked": "2026-10-13", "outcome": "Role: Principal; Arrangement: OTC quotes set by OANDA; Demo: Usually the same price feed. Official documentation review only; no account or order tests.", "remainingChecks": [ "Establish execution and fee simulation separately for each platform; a shared quote feed is not fill equivalence." ] } }, "markets": { "scope": "OANDA Corporation · United States · MetaTrader 4. Market coverage not yet reviewed.", "tested": false, "forexCfd": { "status": "Requires Verification", "note": "Forex CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null }, "cryptoCfd": { "status": "Requires Verification", "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null } }, "api": { "status": "Requires Verification", "type": null, "route": "Not established for this offering", "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.", "requirements": "Confirm the account, platform and regional requirements with the broker.", "sources": [], "docs": [], "checked": null, "tested": false } }, "sources": { "ex-c-oanda-contract": { "title": "OANDA Corporation Customer Agreement, March 2026", "url": "https://legal.oanda.com/oc/fxtrade_customer_agreement/en", "owner": "Broker", "checked": "2026-10-13", "locator": "Sections 2(b), 9(a)-(c), pages 3, 5-6", "access": "Official page/PDF opened and read; no account opened or trading tested." }, "ex-c-oanda-demo": { "title": "OANDA US demo FAQ", "url": "https://help.oanda.com/us/en/faqs/open-demo-account.htm", "owner": "Broker", "checked": "2026-10-13", "locator": "Is the price feed for demo accounts the same as the price feed for live accounts?", "access": "Official page/PDF opened and read; no account opened or trading tested." }, "oanda-1": { "id": "OA1", "title": "OANDA US: Open demo account", "url": "https://help.oanda.com/us/en/faqs/open-demo-account.htm", "claims": "Entity/regulatory footer; signup; separate live account; funding; expiry and MT4 90-day inactivity; no hedging; usually same price feed.", "checked": "2026-10-12", "evidence_status": "Documented; not account-tested" }, "oanda-2": { "id": "OA2", "title": "How to create an OANDA demo account", "url": "https://www.oanda.com/us-en/skills-and-insights/education/platforms-and-tools/oanda-platforms/how-to-create-oanda-demo-account/", "claims": "US demo platform mapping, forex, MT4 subaccounts, TradingView connection and virtual balance reset.", "checked": "2026-10-12", "evidence_status": "Documented; not account-tested" }, "oanda-reg-1": { "title": "NFA BASIC — OANDA CORPORATION, 0325821", "url": "https://www.nfa.futures.org/BasicNet/basic-profile.aspx?nfaid=tDw0VT6Nt%2F8%3D", "evidence": "Current profile status NFA Member Approved; CFTC registered FCM and RFED; designation Forex Dealer Member; DBA FXTRADE.COM OANDA.", "source_date": "Live profile accessed 2026-10-12; no dataset timestamp shown", "access_note": "Verified in rendered Chrome register after NFA-ID search. Numeric plain-ID URL initially redirected; actual encrypted profile URL above is observed." }, "oanda-reg-2": { "title": "CFTC selected FCM financial data, August 2026", "url": "https://www.cftc.gov/sites/default/files/2026-10/01%20-%20FCM%20Webpage%20Update%20-%20August%202026.pdf", "evidence": "Both GAIN CAPITAL GROUP LLC and OANDA CORPORATION are listed as FCMRFD with NFA as DSRO; corroborates FCM and retail forex dealer registration as of the report date.", "source_date": "2026-08-31; reports filed by 2026-10-01", "access_note": "Official PDF opened and read; historical monthly dataset, not the source used for current NFA status." } } }