How trusted is OANDA?

Despite its robust regulatory standing, it is important to note that Oanda does not possess a banking license. This means that it does not engage in traditional banking activities such as accepting deposits or offering loans.

Furthermore, Oanda is not listed on any stock exchange. This distinction sets it apart from other financial institutions that may have their shares publicly traded, allowing investors to buy and sell stakes in the company.

While the absence of a banking license and stock exchange listing may be seen as limitations by some, it underscores Oanda's focus on providing specialized services within the realm of online trading and financial derivatives.

BTCC, on the other hand, is a leading cryptocurrency exchange that offers a comprehensive suite of services to its users. Among its offerings are spot trading, which allows traders to buy and sell cryptocurrencies at current market prices, and futures trading, which involves speculating on the future value of digital assets.

Oanda is a reputable brokerage firm that operates within the confines of strict regulatory frameworks. It is recognized and supervised by prestigious authorities, ensuring a high level of trustworthiness and accountability in its services.