OANDA acquisition – DZP lawyers advise on one of most important transactions in trading industry in recent years

Our law firm advised FTMO, the prop trading leader, on the acquisition of OANDA, one of the most recognisable global trading platforms. OANDA was sold by the private equity fund CVC Capital Partners, which acquired it in 2018 and developed its forex business. At that time, the company was significantly transformed, expanded its product offering and developed a scalable mobile trading platform.

Today, OANDA is a global fintech company that specialises in providing trading services, forex data and analytical tools, with the Polish entity as its key asset. The company is known for its innovative technological solutions and a wide range of products for individual and institutional investor. It operates globally and is present in the world’s most important financial centres, such as Singapore, Tokyo, Sydney, Toronto and New York.

As part of the OANDA sale transaction, FTMO acquired all companies in the group, including Oanda TMS Brokers, a brokerage company operating in Poland. It is a key element of FTMO’s expansion into the regulated market and strengthens its position in the financial services sector.

The transaction required a comprehensive legal approach that factored in its global reach, the specific nature of the Polish brokerage and financial services market, and the regulatory requirements for investment firms operating in the forex market. Our team of advisers from the Capital Markets and Financial Institutions Practice: Maciej Zajda, Magdalena Skowrońska, Katarzyna Biarda, Paweł Rudolf, Joanna Róg-Dyrda and Margarita Kobojek, in cooperation with the international law firm Latham & Watkins, advised and supported FTMO in structuring the transaction, conducting the due diligence process (with support from Mateusz Jankowski, an expert in personal data protection, and Katarzyna Zwierz-Wilkocka, who specialises in labour law), and negotiating and finalising the transaction documentation.

The transaction is one of the most important acquisitions in the trading industry in recent years, opening up new opportunities for FTMO and strengthening its position in the financial services sector.

‘We are delighted to welcome OANDA’s existing management team, whose track record in complex, regulated markets, strong expertise in risk management and customer-centric philosophy fully complements FTMO’s own vision and strategy. We look forward to building together a unique, comprehensive trading powerhouse group of companies that has not existed in the market until now,’ concluded FTMO co-founders Otakar Šuffner, CEO and Marek Vašíček, CTO.

We are happy that we could support our client in this strategic process and contribute to the success of this transaction.

The completion of the transaction is subject to FTMO obtaining all necessary regulatory approvals, including from the Polish Financial Supervision Authority.