Where Is OANDA Legal? Banned & Supported Countries

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OANDA is available in US
OANDA REVIEW

For residents of this country (United States), OANDA is available and accepts clients. You can open an account and start trading without restrictions. Below are the top 3 highest-rated brokers available there in 2026, according to the TU rating.

Trading.com USA
Logo
8.75 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Trading.com USA
Regulation Tier-1
EUR/USD pips
Plus500
Logo
8.45 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Plus500
Regulation Tier-1
EUR/USD pips
OANDA
Logo
7.03 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
OANDA
Regulation Tier-1
EUR/USD 0.15 pips

OANDA Available Countries List

Note! We regularly update the information about OANDA regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact OANDA customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where OANDA currently provides its services: flag India flag United States flag United Kingdom flag Canada flag Indonesia flag Poland flag Germany flag France flag Malaysia flag Ukraine flag Brazil flag Italy flag Argentina flag Armenia flag Australia flag Austria flag Azerbaijan flag Bangladesh flag Belgium flag Botswana flag Bulgaria flag Chile flag China flag Colombia flag Cyprus flag Czechia flag Denmark flag Egypt flag Estonia flag Finland flag Georgia flag Greece flag Hungary flag Ireland flag Israel flag Japan flag Jordan flag Kazakhstan flag Kenya flag Korea flag Kuwait flag Kyrgyzstan flag Latvia flag Lithuania flag Mexico flag Moldova flag Morocco flag Netherlands flag Norway flag Peru flag Philippines flag Portugal flag Qatar flag Romania flag Saudi Arabia flag Singapore flag Slovakia flag Sri Lanka flag Sweden flag Switzerland flag Tajikistan flag Thailand flag Tunisia flag Turkey flag UAE flag Uzbekistan flag Venezuela flag Vietnam

Note!

Different entities of OANDA may maintain varying lists of supported and restricted countries due to specific regulatory requirements, so the information above represents a general overview.

OANDA Restricted Countries List

Note! We regularly update the information about OANDA regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact OANDA customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where OANDA currently does not provide its services: flag Spain flag Nigeria flag South Africa flag Pakistan flag Afghanistan flag Albania flag Algeria flag Angola flag Bahamas flag Bahrain flag Belarus flag Bolivia flag Brunei flag Cambodia flag Cameroon flag Congo flag Costa Rica flag Cote d'Ivoire flag Croatia flag Cuba flag DR Congo flag Dominican Republic flag Ecuador flag El Salvador flag Eswatini flag Ethiopia flag Ghana flag Haiti flag Hong Kong flag Iran, Islamic republic flag Iraq flag Jamaica flag Laos flag Lebanon flag Lesotho flag Libya flag Luxembourg flag Madagascar flag Malta flag Mauritius flag Mongolia flag Montenegro flag Mozambique flag Myanmar flag Namibia flag Nepal flag New Zealand flag North Macedonia flag Oman flag Palestine flag Panama flag Papua New Guinea flag Paraguay flag Puerto Rico flag Reunion flag Rwanda flag Serbia flag Slovenia flag Somalia flag Syria flag Taiwan flag Tanzania flag Trinidad and Tobago flag Uganda flag Uruguay flag Yemen flag Zambia flag Zimbabwe

In addition, OANDA — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.

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In Which Countries is OANDA Regulated? Is OANDA Safe?

OANDA is a Tier-1 regulated broker, operating under the supervision of one or more top-level financial authorities. Such regulation ensures strict compliance, fund segregation, and investor compensation mechanisms. Therefore, OANDA is considered a highly reliable and safe broker.

OANDA countries of regulation
ASIC ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.
Full Name Australian Securities and Investments Commission Country Australia Protection Fund No specific fund but has stringent consumer protection Regulation level Tier-1
BVI FSC BVI FSC BVI FSC regulates insurance, banking, and securities sectors, enforcing less stringent requirements compared to Tier-1 regulators. It focuses on compliance to international standards to attract global businesses.
Full Name British Virgin Islands Financial Services Commission Country British Virgin Islands Protection Fund No specific fund Regulation level Tier-2
CFTC CFTC The CFTC regulates the U.S. derivatives markets, including futures, options, and swaps. It is known for its strict enforcement of trading rules and participant qualifications to enhance market transparency and investor protection.
Full Name Commodity Futures Trading Commission Country United States Protection Fund No specific fund Regulation level Tier-1
CIRO CIRO The Canadian Investment Regulatory Organization (CIRO) oversees all Canadian dealers and marketplaces. It enforces strict compliance standards and protective measures to safeguard investor interests and ensure fair and transparent market practices.
Full Name Investment Industry Regulatory Organization of Canada Country Canada Protection Fund CAD 1,000,000 Regulation level Tier-1
FCA UK FCA UK The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the UK. Known for its stringent requirements, it covers a wide range of activities from mortgages to financial advice, ensuring high standards of behavior.
Full Name Financial Conduct Authority Country United Kingdom Protection Fund Up to £85,000 Regulation level Tier-1
FFAJ FFAJ The FFAJ regulates the financial futures market of Japan, enforcing strict rules to protect market participants and promote fair and transparent market conditions.
Full Name Financial Futures Association of Japan Country Japan Protection Fund No specific fund Regulation level Tier-1
MAS MAS MAS acts as both central bank and financial regulator in Singapore, enforcing strict rules on financial practices to ensure fairness, transparency, and accountability in the financial sector.
Full Name Monetary Authority of Singapore Country Singapore Protection Fund No specific fund Regulation level Tier-1
NFA NFA The NFA regulates the futures and derivatives markets in the United States, focusing on protecting investors from fraudulent activities and ensuring the integrity of market participants.
Full Name National Futures Association Country United States Protection Fund No specific fund Regulation level Tier-1

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Expert Advice

Anton Kharitonov
Chief Analytics Officer
  • Another key factor is the FATF (Financial Action Task Force) list of high-risk and sanctioned jurisdictions. Most reputable brokers block account openings from countries on the FATF grey or black list, such as North Korea, Iran, and Myanmar. This policy is not a matter of discrimination but compliance with international anti-money-laundering (AML) and counter-terrorist-financing (CTF) standards. Clients residing in these regions are typically required to verify eligibility through additional documentation or may be refused service altogether.

Editors' Top Picks and Insights

Team that worked on the article

Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.