CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading with CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IMPORTANT

Your OANDA account is moving to OANDA TMS

OANDA is planning to exit Malta and consolidate its operations on the European market under one regulated entity by the means of transfer of enterprise from OANDA Europe Markets Limited (“OEML”) to OANDA TMS Brokers S.A. located in Warsaw, Poland (“OANDA TMS”). In order to ensure the continuity of service provision and for the best interests of our clients, we have decided to continue our operations within OANDA TMS.

We will make every effort to ensure the changes described above are carried out in the least disruptive way for our customers. Therefore, we would like to inform you that your further use of the OANDA trading account and the continued provision of services to you by OANDA will be possible after obtaining your consent to the transfer. The transfer will be free of charge.

  • Please give your consent before 13 March 2023.
  • Your account will be migrated on 17 March 2023, regardless of the date you gave your consent.
  • If you don’t consent, your account with any open positions and pending orders will be closed on 17 March 2023.


OANDA

In order to consent, please fill in the below form, read the consent below carefully and press SUBMIT:

Migration registration deadline has passed.


All our operations, in one place

OANDA is planning to exit Malta and consolidate its operations on the European market under one regulated entity by the means of transfer of enterprise from OANDA Europe Markets Limited (“OEML”) to OANDA TMS Brokers S.A. located in Warsaw, Poland (“OANDA TMS”). In order to ensure the continuity of service provision and for the best interests of our clients, we have decided to continue our operations within OANDA TMS.

OANDA TMS at a glance

OANDA TMS is a fully owned OANDA group company, offering multi-asset trading on +3,000 individual instruments. The firm enables clients to invest in the global financial markets, providing access to thousands of products including stocks, currencies and CFDs on indices, commodities, cryptocurrencies and exchange-traded funds from the world’s major exchanges. Clients also have access to experienced relationship managers, reliable education and award-winning trading tools. See our frequently asked questions for more information.

What the change means for you

We will make every effort to ensure the changes described above are carried out in the least disruptive way for our customers. Therefore, we would like to inform you that your further use of the OANDA trading account and the continued provision of services to you by OANDA will be possible after obtaining your consent to the transfer. The transfer will be free of charge.

  • Please give your consent before 13 March 2023.
  • Your account will be migrated on 17 March 2023, regardless of the date you gave your consent.
  • If you don’t consent, your account with any open positions and pending orders will be closed on 17 March 2023.
  • Contact us if you have any questions.

How the transfer works

Your consent will result among others in the following actions (applicable from 17 March 2023):

  1. OANDA TMS will enter into the rights and obligations of OEML under your agreement with OEML and OANDA TMS will become a party of your contract,
  2. OANDA TMS client documentation will be applicable,
  3. your current trading account will be kept by OANDA TMS,
  4. your open positions will be closed at the market price and your open/outstanding resting orders will be canceled,
  5. your funds will be transferred to the separate client bank account held by OANDA TMS; please note that the funds deposited in currencies different than: USD, EUR, GBP will be converted automatically to USD, according to the rules,
  6. you will not be able to see your historical trading data from your trading account held with OEML on the new trading platform,
  7. you will become a client of OANDA TMS.

Schedule of transfer

17 March 2023, 17:00 CET hrs

(Friday)		 We will close your open positions and block any activity on your account (including access to the trading platform) due to migration activities. We will start the process of closing your positions from 17:00 CET hrs. Your open positions will be closed at the current market price. Your open/outstanding resting orders will be canceled.

Please note that you will not be able to trade from 17 March 2023, 17:00 CET hrs to 19 March 2023, 23:05 CET hrs.
18 March 2023

(Saturday)		 We will transfer your data and cash balance to OANDA TMS trading platform. Please note that we will not reopen your positions held in OEML. If you wish to close your positions prior to this transfer, please feel free to do so.
18 March 2023

(Saturday)		 You will receive new credentials to your OANDA TMS account (trading platform and client zone) and OANDA TMS individual client documentation. You will be able to access the trading platform and client zone, but not be able to trade.
19 March 2023, 23:05 hrs

(Sunday)		 You can start trading at OANDA again!

Please note that by clicking “I CONSENT” in the confirmation e-mail you agree that the OANDA TMS client documentation will be applicable from 17 March 2023. Please download and read the documentation carefully before you make a decision on the transfer:

  1. Framework Agreement
  2. Agreement on the conclusion of agreements for the provision of brokerage services in an electronic form
  3. Regulations on the conclusion of agreements for the provision of brokerage services in electronic form
  4. Terms of use governing the provision of services for the execution of orders by OANDA TMS Brokers S.A. in the MT5 transaction system, maintenance of cash accounts and registers, and foreign exchange
  5. Best Execution Policy
  6. Policy of Client Categorization
  7. Financial Instruments Specification
  8. Information Sheet
  9. Key Information Document
  10. Terms and Conditions of making payments
  11. Terms and Conditions of the information and educational service
  12. Table of Commissions and Fees
  13. Table of Swap Points
  14. Table of rollover of financial instruments
  15. Customer Data Sheet
  16. Regulations of the President of the Management Board
  17. Description of Financial Instruments and Risks
  18. Privacy Policy
  19. Gap analysis

Your consent

In order to consent, please read the below carefully and press “I CONSENT”:

Acting as a Client (or a person legally authorized to represent the Client) of OANDA Europe Markets Limited with its registered office in Valletta, Malta (C95813) (hereinafter: "OEML"):
  1. I hereby consent to the transfer of all OEML rights and obligations arising from the "Retail and Professional Clients Terms of Business'' and the related other contractual documentation, concluded by me as a Client with OEML (hereinafter: "Agreement"), to brokerage house operating under the name OANDA TMS Brokers S.A. with its registered office in Warsaw (00-120 Warsaw, ul. Złota 59, Poland), entered into the Polish Register of Entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, 12th Commercial Division of the National Court Register under the number 0000204776, with the REGON number 015715078 and the NIP number 5262759131 (hereinafter: "OANDA TMS"), as a result of which the party to the Agreement will change, consisting in the fact that the OEML will be replaced and OANDA TMS will become a party to the Agreement;
  2. I agree that, from the date of transfer from OEML to OANDA TMS, the OANDA TMS client’s contractual documentation will be binding for me (instead of OEML documentation), the template of which I received on a durable medium and the customized version of which (containing my individual data) will be delivered to me by e-mail on a durable data medium. Thus, I confirm that I have received, read, understood and accepted the provisions of following OANDA TMS client’s contractual documents: “Framework Agreement”, “Terms of use governing the provision of services for the execution of orders by OANDA TMS Brokers S.A. in the MT5 transaction system, maintenance of cash accounts and registers, and foreign exchange”, “Best Execution Policy”, “Policy of managing conflicts of interest”, “Financial Instruments Specification”, “Information Sheet about TMS Brokers”, “Key Information Document”, “Agreement on the conclusion of agreements for the provision of brokerage services in an electronic form”, “Regulations on the conclusion of agreements for the provision of brokerage services in electronic form”, “Terms and Conditions of making payments into the Cash Account via the website for Clients of OANDA TMS Brokers S.A.”, “Terms and Conditions of the information and educational service (real accounts)” as well as the “Table of Commissions and Fees”, “Table of Swap Points”, “Table of rollover of financial instruments” and Regulations of the President of the Management Board applicable to TMS Connect service variant;
  3. I confirm that I have read and accepted the contents of the “Description of Financial Instruments and Risks”, and that I understand the nature and risk related to trading in financial instruments offered by OANDA TMS. Moreover, I confirm that I received from OANDA TMS all additional information concerning the nature and risk factors of my transactions, as well as comprehensive answers to questions concerning the terms and conditions of transactions in the trading system operated by OANDA TMS, and the amount of capital allocated to the deposit securing the transactions was concluded by me in accordance with my financial capabilities;
  4. I confirm that I have received, read, understood and accepted the differences in the provision of services between OEML and OANDA TMS, which were specifically indicated in the documents I received;
  5. I express the will to transfer my personal data to OANDA TMS, which will be the controller of my personal data from the date of transfer. I confirm that I have received, read, understood and accepted information about the processing of my personal data by OANDA TMS;
  6. I consent to close my open positions at the market price (closing price; not the latest market price and not the original historic opening price) as well as to transfer my free funds from my account(s) from OEML to OANDA TMS.
Expressing the above consent also means consent to submit by me declarations of will in the scope of the Agreement in electronic form, referred to in art. 13 of the Polish Act of 29 July 2005 on Trading in Financial Instruments.

If you have any questions, please do not hesitate to contact our team:

Contact us

If you have any questions, please do not hesitate to contact our team at [email protected] or on +356 20345018. Servicing hours from 8:00 to 20:00 hrs CET.

Rules of conversion

If the balance on your trading (sub)account(s), prior to 17 March 2023, is not in one of the currencies supported by OTMS (EUR, GBP or USD; "Supported Currencies''), please convert the funds to one of the Supported Currencies, after opening a new subaccount in respective Supported Currency, if needed. The balances in the Supported Currencies, for the clients who gave their consent to move, will be automatically transferred to OTMS*. Outstanding balances in other currencies will be returned to the funding sources, as per section 16 of OEML "Retail and Professional Clients Terms of Business''.

* As per second part of paragraph 6 of the consent to transfer your Agreement to OTMS.

Frequently asked questions

OEM-OT Transfer Q&A.pdf