Reported as a scam / unregulated
Why Fake OANDA is on the register
Fake OANDA claims to be obtained licenses in the U.S, Canada, and Australia, we have found three OANDA-compliant companies in the U.S. National Futures Association (NFA), the Investment Industry Regulatory Organization of Canada (IIROC), and the Australian Securities and Investments Commission (ASIC), namely OANDA CORPORATION, OANDA (Canada) Corporation ULC, and OANDA AUSTRALIA PTY LTD, the registration website with IIROC is . The above is the regulatory information of OANDA, a compliant broker, which has nothing to do with Fake OANDA. The truth is that Fake OANDA is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Fake OANDA is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.