OANDA — OANDA proprietary web/mobile

Account conditions

Research checked

2026-10-12

Testing status

Not tested

Recorded virtual amount

Requires Verification

Recorded currency

Requires Verification

Expiry category

none

Evidence category

Documentation reviewed

Signup requirements

Country, name, email, phone, password

Notes and remaining checks

Documentation review only; signup not tested.

Record ID

oanda-web-us

Broker

OANDA

Legal entity

OANDA Corporation

Research region codes

• US

Research region code

US

Research region

United States

Research scope

United States

Platform code

web

Platform

OANDA proprietary web/mobile

Documented terms

Usually same price feed as live; hedging unavailable

Balance reset or adjustment

Add virtual funds in Hub; balances can be reset

Live account or deposit

No; live account is separate

Devices

Web; mobile

Forex coverage

Forex available; demo pair count not stated

What the evidence establishes

Official broker documentation; signup and trading not tested.

Supporting sources

• OANDA US: Open demo account
• How to create an OANDA demo account

Official information source

OANDA US: Open demo account

Official entry route

Open registration portal

Route type

portal

Notes and remaining checks

Register in OANDA Hub; platform setup follows.

Evidence status

Official entry route

URL

https://hub.oanda.com/apply/select

Route source

https://help.oanda.com/us/en/faqs/open-demo-account.htm

Research checked

2026-10-13

Testing status

Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope

OANDA Corporation · US OTC Forex; excludes third-party spot cryptocurrency services.

Testing status

Not tested

Contractual role

Finding

Principal

Evidence status

Documented

Notes and remaining checks

Sections 2(b) and 9(a) make OANDA the counterparty to OTC Forex trades on a principal-to-principal basis.

Supporting sources

• OANDA Corporation Customer Agreement, March 2026

Research checked

2026-10-13

Execution arrangement

Finding

OTC quotes set by OANDA

Evidence status

Broker-reported

Notes and remaining checks

Section 9(b)-(c) provides OANDA quotes and execution at the prevailing server rate; displayed rates can change before execution.

Supporting sources

• OANDA Corporation Customer Agreement, March 2026

Research checked

2026-10-13

Demo realism

Finding

Usually the same price feed

Evidence status

Broker-reported

Notes and remaining checks

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.

Supporting sources

• OANDA US demo FAQ

Research checked

2026-10-13

Research review

Research checked

2026-10-13

Review outcome

Role: Principal; Arrangement: OTC quotes set by OANDA; Demo: Usually the same price feed. Official documentation review only; no account or order tests.

Remaining checks

• Establish execution and fee simulation separately for each platform; a shared quote feed is not fill equivalence.

Demo markets

Scope

US proprietary web/mobile Forex demo; separate from OANDA's non-US CFD businesses and Paxos spot-crypto service.

Testing status

Not tested

Forex CFDs

Evidence status

Retail restricted

Notes and remaining checks

OANDA Corporation states CFDs are unavailable to US residents and territories. This US Forex demo must not be presented as a Forex-CFD account; no CFD demo access tested.

Supporting sources

• OANDA Corporation: Can I trade CFDs on my account?

Research checked

2026-10-14

Cryptocurrency CFDs

Evidence status

Retail restricted

Notes and remaining checks

The US CFD restriction applies. OANDA's US crypto service is spot trading through Paxos, not crypto CFDs; that separate live-account service does not establish crypto demo access.

Supporting sources

• OANDA Corporation: Can I trade CFDs on my account?
• OANDA US: Crypto through Paxos

Research checked

2026-10-14

API access

Record ID

oanda-web-us

Legal entity

OANDA Corporation

Research region code

US

Platform code

web

Type

Broker API

Access route

OANDA v20 · REST / HTTP streaming

Evidence status

Documented

Notes and remaining checks

The v20 documentation supports practice accounts for the US division. This finding does not cover MT4, TradingView or spot cryptocurrency integrations.

Requirements

Use an eligible OANDA v20 practice account and generate a personal access token.

Supporting sources

• OANDA v20 REST introduction
• OANDA worldwide entities

Official documentation

• OANDA v20 REST introduction

Research checked

2026-10-14

Testing status

Not tested

Entity and regulatory research

Evidence status

Verified

Legal 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.

Supporting sources

• NFA BASIC — OANDA CORPORATION, 0325821
• CFTC selected FCM financial data, August 2026

Reading the evidence

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.

Official sources