How to open an entity (corporate) account

The application requirements to open an account with OANDA vary based on the region in which you reside. To comply with our regulators, OANDA follows extensive anti-money laundering and due diligence guidelines. To comply with these guidelines, our Know Your Customer (KYC) policy is to gather information to understand all our customers’ sources of funds and wealth. This information is kept strictly confidential.

Beneficial owners (shareholders with 25% or a greater stake) and directors/control persons of an entity can apply to open an entity account.

The following entity types registered in the United States and its territories can apply to open an entity account:

  • Corporations.

  • General partnerships.

  • Limited liability companies.

  • Limited liability partnerships.

  • Trusts.

  • Standard.

  • Elite Trader Program.

  • Eligible Contract Participant (ECP).

For more information about account types, refer to this topic.

To ensure your account is processed swiftly, perform the following actions:

  • Provide your current and complete information.

  • Remember to enter your personal details exactly as they appear on your passport or ID.

  • Avoid any abbreviations

  • Pay attention to application details, such as currency type, when providing figures.

  1. Go to the registration page.

  2. At the bottom right corner, next to Are you Corporate Customer?, click on Apply here.

  3. Alternatively, you can go to the corporate account page and click on Apply now.

  4. Follow further instructions.

You can resume your application by entering the email address you used during your application process on this page.

You must submit the completed Entity Application Form that includes the following forms:

  • Entity Certification:

    • It must be signed by either a beneficial owner or a director/control person from your entity.

    • Provide a personalized email address (i.e. jdoe@company.com) as a contact because we cannot accept a general inbox (i.e. info@company.com).

  • Company Information.

  • Business Information.

  • Financial Information.

  • Corporate Structure Information.

You must also submit the following documents:

  • Certificate of Incorporation:

    • We accept the following:

      • For Companies and other corporate entities (INC., LLC):

        • Certificate of Incorporation

        • Certified Articles of Incorporation

        • Certificate of Formation

        • Articles of Organization.

      • For Partnerships (LLP or GP):

        • Partnership Agreement.

      • For Trusts:

        • Trust Instrument.

    • The document must state the company/entity name in full, including the registration date, and have a stamp or seal from the issuer.

    • If your company's current operating name differs from its original registered name, provide Doing Business As (DBA) or official name change documentation, along with the original registration document.

  • Business Address Confirmation:

    • It is proof of the company’s physical address.

    • A statement must be issued in the company/entity name.

    • PO box addresses are accepted only if a document confirming the physical address is provided.

    • We accept the following documents:

      • Bank statements

      • Utility bills

      • Credit card statements.

    • All documents must be issued within the last 3 months.

  • Memorandum and Articles of Association (if applicable).

  • Share Certificate or Register (If applicable).

  • Identification documents:

    • All beneficial owners (25% or greater stake) and at least 2 directors/control persons must provide the following documents:

For the proof of identity, we accept a government-issued photo identification. This document type needs to have the following items:

  • Shows your photo, name, and date of birth.

  • Remains valid/does not expire for 3 months.

Ensure that the full page of the document is visible, all written details are legible, and the face in the photo is clear/identifiable.

The following examples show the kind of identity documents that we may accept:

Bear in mind that these documents are for illustrative purposes only and may be out of date.

For the proof of address, we accept a personal bill/statement issued in the name of the beneficial owner or a director/control person. This document type needs to have the following items:

  • Issued to a residential address. We cannot accept P.O. boxes or business addresses. We also cannot accept care of (c/o) addresses.

  • Dated and mailed within 3 months of the current date, on which we will review your document.

The following examples show the kind of proof of address documents that we may accept:

For a beneficial owner and director/control person, if their proof of identity shows their current residential/physical address, a proof of address is not required.