tribadism01: I tend to agree with electricsavant. However, I think that OANDA does offer "segregated accounts," meaning, if you have enough money (over $50?) you can have your funds held in a regular (big) bank that is FDIC insured (up to normal amounts?).Quote from tribadism01:
I have read this ....
Your Margin Account with OANDA is not insured under any state or federal insurance program, or by any other entity. In the event OANDA should become insolvent or file for protection under the bankruptcy laws, it is possible that you would lose the entire amount in your Margin Account.
Enron/Parmalat forever