Many friends who are new to the foreign exchange market report that it is difficult to find a reliable platform, and most of them cannot withdraw their profits due to being scammed by a black platform. The road to foreign exchange investment is bumpy. You can refer to the top 100 foreign exchange platforms ranked by Haitou for your choice. If you are not among the top 100, you should pay special attention to the main white label relationship and risk warnings of the platform
Today, an investor asked a OANDA platform whether the supervision of the OANDA platform is safe, whether the funds can be guaranteed on the OANDA platform, and wanted to see the recent service quality and trading environment.
According to FxGecko, this platform is called OANDA, which was established in 1996 and ranks 48th in the world with a security score of 80 and 868 risk scans.
The supervision of the OANDA platform can be summarized as follows:
OANDA holds regulatory licenses from six major financial powers, including the UK's FCA, the US's CFTC, Canada's IIROC, Singapore's MAS, Australia's ASIC, and Japan's FSA
This shows that OANDA is subject to multiple regulations, providing better security for customer funds.
OANDA is committed to protecting clients and investors and supports ASIC's new regulatory rules
2. This shows that OANDA attaches great importance to compliance and safeguarding the interests of its customers.
However, there are also some negative reports that OANDA once made malicious deductions from the trading accounts of hedge funds in the Australian market
3. This indicates that OANDA may have engaged in misconduct in some cases.
In addition, in the past five years, foreign exchange platforms regulated by the UK and Australia have gradually withdrawn from the Chinese market, and OANDA is no exception
4. This may be related to changes in the regulatory environment.
In general, OANDA, as an old foreign exchange broker with multiple regulatory licenses, has a relatively safe and reliable overall regulatory situation. However, there are also some negative reports, and investors still need to carefully evaluate when choosing.
Comprehensive comments: OANDA is good from the perspective of its establishment time, supervision, main white label and other information. However, if you are a Chinese investor and someone strongly recommends the OANDA platform to you, be careful. Industry insiders know that as early as October 2020, OANDA announced that it would no longer provide foreign exchange trading for Chinese residents and would not support account opening and deposit. As of now, OANDA has withdrawn from the Chinese market for three or four years, but during this time, fake OANDA has been one after another and never withdrawn. Please be careful to distinguish and do not easily believe others' words. Invest cautiously!
The financial market is full of good and bad, and there are investment risks. We should investigate the platform before investing. To prevent lightning and fraud, we should first go to FxGecko.
