OANDA vs PayPay Securities: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeOANDAPayPay Securities
Licence Score82Very strong56Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record81
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan LicensedLicensed
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada Licensed—
2 MFSA Malta Licensed—
4 BVI FSC British Virgin Islands Licensed—
Founded19962013
HeadquartersUnited StatesJapan
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoNo
PlatformsProprietary, MT4, MT5, TradingViewProprietary
Minimum depositNo minimum—
VisitVisit siteVisit site

Frequently asked questions

Is OANDA or PayPay Securities better regulated?

OANDA has the higher Licence Score (82 vs 56), based on the number and tier of licences, operating history and public listing.

Which regulators license both OANDA and PayPay Securities?

Both are matched to licences from JFSA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.