The National Futures Association fined OANDA Corporation $600,000 on 29 May 2025 after a complaint identified five categories of failure. OANDA settled without admitting or denying the charges.
Why Did the NFA Fine OANDA?
The counts covered net-capital calculations, affiliate offsets for foreign-currency exposure, incorrect customer security deposits, pricing-display errors, promotional material and inadequate supervision.
A Related 2021 OANDA Case
The NFA fined OANDA $200,000 in April 2021 over related financial and supervisory shortcomings. The 2025 complaint references that earlier action, making the repeat pattern central to the regulatory record.
OANDA Under New Ownership
The action came during a period of corporate change. FTMO acquired OANDA from CVC Capital Partners and began moving proprietary-trading clients onto its platform.
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The repeat finding is more important than the headline fine
A second action involving related controls raises the question of whether earlier remediation held. New ownership now inherits responsibility for the answer.
About OANDA
OANDA is a US-regulated retail forex broker founded in 1996 and now owned by FTMO.
Frequently Asked Questions
Did OANDA admit the NFA charges?
No. OANDA settled without admitting or denying them.
Has OANDA been fined before?
Yes. The NFA imposed a $200,000 fine in 2021 over related shortcomings.