I'm considering using OANDA for some financial transactions, but before I do, I want to make sure they are insured. Is OANDA insured? I need to know this information to ensure my funds will be protected.
6 answers
Sebastiano
Tue Oct 29 2024
In such a scenario, where OANDA files for protection under bankruptcy laws, your Margin Account balance could be at risk.
ZenHarmony
Tue Oct 29 2024
Your Margin Account held with OANDA does not enjoy the protection of any state or federal insurance programs.
Tommaso
Tue Oct 29 2024
Nor is it covered by any other insurance entity. This means that in the event of unforeseen circumstances, you bear the risk associated with your Margin Account.
Federica
Tue Oct 29 2024
Should OANDA encounter financial difficulties and become insolvent, there is a potential risk to your funds.
GangnamGlitz
Mon Oct 28 2024
It is important to understand that the funds in your Margin Account are not guaranteed or insured against loss.