By Staff Writer
Czech-based proprietary trading firm FTMO has officially completed the acquisition of OANDA Global Corporation, marking a major step in its transition from a prop trading innovator to a full-spectrum trading group.
The deal, finalized on December 1, follows regulatory approvals across five jurisdictions and represents one of the most consequential mergers in the retail trading space in recent years.
FTMO, known for its trader evaluation programs and prop trading support, has long signaled its ambition to become more than just a challenge platform. Acquiring OANDA—a multi-asset, globally regulated broker with nearly 30 years of experience—gives FTMO access to broader product capabilities, institutional-grade infrastructure, and new revenue opportunities.
With OANDA’s licenses in eight major global markets, including the US, UK, Singapore, Japan and Australia, FTMO now gains the regulatory backbone and scale to build a truly integrated trading ecosystem. Founders Otakar Šuffner and Marek Vašíček described the deal as a “pivotal milestone” that merges FTMO’s retail innovation with OANDA’s robust brokerage infrastructure.
FTMO stated it plans to maintain the OANDA group as a fully standalone business. This approach would ensure operational continuity while allowing both firms to explore future strategic integration across technology and product offerings.
Co-founder and CEO of FTMO, Otakar Šuffner, commented:
“We will continue to focus on our core business – a modern prop trading platform where we rank among the leaders. The long-term plan is to build a trading powerhouse, which will service traders on all levels – modern prop trading, brokerage with the relevant tools. OANDA, a broker with licenses in eight key markets across the world, is the perfect fit to this vision.”
His fellow co-founder and CTO, Marek Vašíček, added:
“We are excited to work with OANDA’s team, given their impressive track record in complex regulated markets, strong approach to risk management and customer-centric philosophy. We believe that our connection will be beneficial for the whole market including our customers. Together, we form a unique group of companies with extensive expertise that has not existed on the market up until now.”
The transaction allows FTMO to integrate deeper into the global financial ecosystem, while OANDA gains the backing of a tech-forward trading firm committed to innovation. FTMO confirmed it plans to maintain OANDA as a standalone entity while exploring long-term synergies across the combined group’s technology, customer experience and offerings.
OANDA CEO Gavin Bambury said:
“Today, we mark a pivotal moment as OANDA officially joins the FTMO ecosystem. OANDA’s strength has always been rooted in our commitment to operating as a client-focused, trusted, regulated global group. This acquisition enables us to significantly accelerate our growth, and to deliver even more innovative, integrated and smarter trading experiences for our clients.”
