OANDA

“OANDA Canada Corporation ULC listed as active CIRO Investment Dealer; CIPF participant; formerly IIROC-regulated (IIROC merged into CIRO 2023). FTMO Group (Czech Republic) acquired OANDA Corporation April 2024; Canadian entity continuity maintained.”

“OANDA Canada Corporation ULC: active CIRO Investment Dealer registration; FX/CFD products; formerly IIROC member in good standing; transitioned to CIRO 2023; no conditions noted on public register.”

“OANDA Corporation (global group): private company post-FTMO acquisition (Apr 2024). No public financial reporting at group level. OANDA Canada files CIRO Form 1 (not publicly disclosed); audited accounts at the Canadian entity are not published.”

“OANDA Corporation founded 1996; Canadian entity (OANDA Canada Corporation ULC) operating under IIROC/CIRO since approximately 2010. FTMO Group acquisition April 2024; Omus I Inc. CIRO-approved acquisition July 2025 — two ownership changes within 15 months.”

“OANDA claims over 2 million registered accounts globally; established presence in Canadian FX retail market since 2010; significant FX trading volume reported on global basis.”

“OANDA Canada: withdrawals processed within 1–3 business days for electronic transfers. No documented systemic withdrawal delays on NFA/CIRO complaint databases. Long-established withdrawal process from 2010 Canadian operations.”

“No fee on wire withdrawals above $10,000 CAD equivalent. Minor fee for smaller wire transfers. Bank account ACH withdrawals generally free. No annual maintenance fee for active accounts.”

“Spread-only pricing for standard accounts (no commissions). No percentage-based withdrawal or management fee. Transaction-based spread pricing only.”

“CIRO Dealer Members subject to full prudential (capital adequacy, Form 1, segregation) and conduct (best execution, KYC, suitability) supervision. IIROC-era oversight record transferred to CIRO 2023.”

“OANDA Canada Corporation ULC listed in CIPF Current CIPF Members directory. CIPF membership is mandatory for all CIRO Investment Dealer members.”

“$1 million for all general accounts combined...plus $1 million for all registered retirement accounts combined...plus $1 million for all registered education savings plans (RESPs) combined.”

“No excess-CIPF or named private insurer found in OANDA Canada Corporation ULC client agreement, risk disclosure document, or terms of service reviewed 2026-06-07.”

“OANDA (Canada) is a market maker in OTC forex contracts in Canada and acts as the counterparty to its clients' forex trades — it does not act as an intermediary, broker or trustee. OANDA Canada manages the risk in its client positions by simultaneously placing the identical Forex Transaction on a back-to-back basis with OANDA Corporation. No hybrid routing — pure OTC principal model; client cash segregated per CIRO Rule 17.2 in Canadian chartered bank trust accounts.”

“OANDA Canada acts as pure OTC principal counterparty on FX/CFD products; client cash held in CIRO-compliant trust accounts (not rehypothecated); back-to-back hedges placed by OANDA in its own name at OANDA Corporation. Client positions are OTC contractual obligations — no client securities to rehypothecate.”

“Client funds held in trust accounts at a Canadian chartered bank per CIRO Dealer Member Rules s.17.2. No independent Tier-1 CSD (CDS) involvement — OTC FX/CFD positions are contractual obligations, not securities eligible for CDS clearing. Specific chartered bank not named in public disclosure.”

“Inactive account fees apply after period of no trading activity, per OANDA Canada Terms of Service. Fee schedule and dormancy period disclosed in client agreement.”

“NFA BCC April 1 2021 $200K (AML program failures, supervisory deficiencies, inaccurate NFA reports; no client-harm finding — client money not taken by OANDA); NFA BCC May 29 2025 $600K (margin deposit failures, pricing display glitch, capital deficiency ~7 months 2023, supervision failures; settled without admitting; no quantified client restitution confirmed in primary source). OANDA Canada Corporation ULC: zero CIRO enforcement actions.”

“OANDA (Canada) is a market maker in OTC forex contracts in Canada and acts as the counterparty to its clients' forex trades — it does not act as an intermediary, broker or trustee. Compensated solely by the bid-ask spread. Conflict fully disclosed in client agreement.”

“FTMO Group (Czech Republic, private): proprietary trading firm turned financial services acquirer. Acquired OANDA Corporation April 2024. Omus I Inc. separately CIRO-approved to acquire OANDA Canada July 2025. Specific parent financial ratios not publicly disclosed.”

“FTMO Group (Czech Republic, private) acquired OANDA Corporation April 2024. Omus I Inc. CIRO-approved to acquire OANDA Canada Corporation ULC July 2025. FTMO is a private company — no public annual report, no SEC/TSX filing obligations. Post-acquisition ownership structure disclosed in press releases but financial details of the group are not publicly audited.”