FTMO Completes Acquisition of Global CFDs Broker OANDA, Marking a Major Milestone

Czech-based retail prop trading firm FTMO has officially completed its acquisition of OANDA Global Corporation, one of the worlds leading online multi-asset trading groups. The deal, which has been in progress since early 2024, was finalized on December 1 after receiving all required regulatory approvals.

FTMO had originally signed the purchase agreement with CVC Capital Partners CVC Asia Fund IV, the seller of OANDA, at the beginning of the year. Although the companies have not disclosed the financial terms of the transaction, FTMO confirmed that OANDA will continue operating as a fully independent business within the group.

A Strategic Move to Build a Global Trading Powerhouse

According to FTMO‘s founders Otakar Šuffner and Marek Vašíček, securing regulatory approval from five different authorities and completing the acquisition marks a “key milestone” in the company’s long-term ambition:

to build a global trading ecosystem that spans prop trading, retail brokerage, and advanced technology services.

Šuffner emphasized that FTMO will continue focusing on its core strength—its modern prop trading platform—but noted that integrating a major global broker like OANDA strengthens their future vision:

Our long-term plan is to build a trading powerhouse that services traders of all levels—modern prop trading, brokerage, and the relevant tools.

OANDA, with licenses in eight key markets worldwide, fits perfectly into this vision.

Vašíček echoed this sentiment, highlighting the strategic benefits of uniting FTMO‘s technology-driven prop trading solutions with OANDA’s global regulatory footprint and risk-management expertise:

“We believe our connection will benefit the entire market, including our customers. Together we form a unique group of companies with extensive expertise that has not existed until now.”

OANDA‘s Global Footprint Expands FTMO’s Reach

Founded in 1996, OANDA is widely recognized as a top-tier digital trading platform for active traders, offering multi-asset trading, currency data, and market analytics. The company operates regulated entities across major financial centers including:

• New York
• Toronto
• London
• Warsaw
• Singapore
• Tokyo
• Sydney

CVC had owned the group since 2018, supporting its expansion across multiple key jurisdictions.

OANDA CEO Gavin Bambury also commented on the transition, calling the acquisition a defining moment for the company:

OANDAs strength has always been our commitment to operating as a client-focused, trusted, regulated global group.

Becoming part of FTMO will accelerate our growth and help us deliver more innovative and integrated trading experiences.

Regulatory Approvals and Advisors

The completion of the acquisition required approvals from five regulatory authorities, a process that took approximately eight months. FTMO secured the final approval in November, leading to the official closing of the deal on December 1.

The transaction involved multiple financial and legal advisors:

• CVC: Legal advisor – Milbank LLP (Hong Kong)

  Joint financial advisors – Nomura and Santander

• FTMO: Financial advisor – J.P. Morgan

  Legal advisor – Latham & Watkins LLP

A Transformational Deal for the Prop Trading Landscape

FTMO‘s acquisition of OANDA represents one of the most significant moves in the prop trading and retail brokerage industries in recent years. By combining FTMO’s educational and technology-driven proprietary trading model with OANDAs extensive global regulatory infrastructure, the partnership is expected to reshape how traders access markets and utilize professional trading ecosystems.

As the firms move into the integration phase, FTMO has stated that its vision remains clear:

to create a next-generation trading powerhouse capable of serving traders worldwide with advanced tools, regulated services, and modern prop trading opportunities.