{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "oanda-web-us",
  "urls": {
    "html": "/demo-accounts/oanda-web-us.html",
    "json": "/demo-accounts/oanda-web-us.json",
    "markdown": "/demo-accounts/oanda-web-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": "none",
    "expiry": "No fixed expiry",
    "expiryNote": "",
    "evidence": "documented",
    "signup": "Country, name, email, phone, password",
    "note": "Documentation review only; signup not tested.",
    "id": "oanda-web-us",
    "broker": "OANDA",
    "entity": "OANDA Corporation",
    "regions": [
      "US"
    ],
    "region": "US",
    "regionLabel": "United States",
    "researchScope": "United States",
    "platform": "web",
    "platformLabel": "OANDA proprietary web/mobile",
    "terms": "Usually same price feed as live; hedging unavailable",
    "fundingReset": "Add virtual funds in Hub; balances can be reset",
    "deposit": "No; live account is separate",
    "devices": "Web; mobile",
    "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": "US proprietary web/mobile forex demo; separate from OANDA's non-US CFD businesses and Paxos spot-crypto service.",
      "tested": false,
      "forexCfd": {
        "status": "Retail restricted",
        "note": "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.",
        "sources": [
          "market-us-oanda-cfd-eligibility"
        ],
        "checked": "2026-10-14"
      },
      "cryptoCfd": {
        "status": "Retail restricted",
        "note": "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.",
        "sources": [
          "market-us-oanda-cfd-eligibility",
          "market-us-oanda-spot-crypto"
        ],
        "checked": "2026-10-14"
      }
    },
    "api": {
      "id": "oanda-web-us",
      "entity": "OANDA Corporation",
      "region": "US",
      "platform": "web",
      "type": "Broker API",
      "route": "OANDA v20 · REST / HTTP streaming",
      "status": "Documented",
      "note": "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.",
      "sources": [
        "finder-api-a-oanda-api",
        "finder-api-a-oanda-entities"
      ],
      "docs": [
        "finder-api-a-oanda-api"
      ],
      "checked": "2026-10-14",
      "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."
    },
    "finder-api-a-oanda-api": {
      "title": "OANDA v20 REST introduction",
      "url": "https://developer.oanda.com/rest-live-v20/introduction/",
      "owner": "OANDA",
      "checked": "2026-10-14",
      "locator": "v20 live and practice access; Global Markets and TMS are excluded.",
      "access": "Official search-index excerpt reviewed; full source not directly retrieved in this batch. No account or API connection tested."
    },
    "finder-api-a-oanda-entities": {
      "title": "OANDA worldwide entities",
      "url": "https://www.oanda.com/group/who-we-are/",
      "owner": "OANDA",
      "checked": "2026-10-14",
      "locator": "Global offices and regulatory footer",
      "access": "Official page directly retrieved in this audit. No account or API connection tested."
    },
    "market-us-oanda-cfd-eligibility": {
      "title": "OANDA Corporation: Can I trade CFDs on my account?",
      "url": "https://help.oanda.com/us/en/faqs/trade-cfds-eligibility.htm",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "US Corporation FAQ: CFDs unavailable to residents of the United States and its territories",
      "access": "Official entity-scoped FAQ opened and read. Account access not tested."
    },
    "market-us-oanda-spot-crypto": {
      "title": "OANDA US: Crypto through Paxos",
      "url": "https://www.oanda.com/us-en/trading/cryptocurrencies/",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Spot trading through Paxos itBit; activation requires live forex account; separate custody and transactions",
      "access": "Official US page opened and read. No crypto or demo account opened."
    },
    "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."
    }
  }
}
