How to do your OANDA taxes with Koinly
OANDA is a globally regulated financial services firm specializing in forex and CFD trading, as well as recently expanding into the crypto market. But if you have crypto transactions with OANDA, you may have a tax bill. Koinly can help; you just need to import your transaction data. Here's how.
Follow these steps to download your OANDA data:
- Log in to your account.
- From the navigation bar, select analytics, then trade history.
- Make sure the filter is set to all transactions.
- Select export.
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find OANDA in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from OANDA (one at a time) and click on Import
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
FAQs
What is OANDA?
OANDA is a global financial services company founded in 1996, best known for its forex trading platform and real-time currency data services. It offers trading in forex, commodities, indices, and CFDs through its proprietary platform and MetaTrader 4, serving both retail and institutional clients. OANDA is regulated in several major jurisdictions, including the U.S., UK, Canada, and Singapore, and is recognized for its strong compliance standards and institutional-grade tools. In 2023, OANDA acquired UK-based crypto exchange Coinpass to expand its presence in the regulated digital asset space.
Is OANDA safe?
OANDA is generally considered a safe and trustworthy broker: it holds licenses from seven Tier‑1 regulators—including the FCA, CFTC/NFA, ASIC, MAS, IIROC, and JFSA—earning a high trust score. It segregates client funds, adheres to rigorous reporting and capital requirements, and provides transparent pricing and trade execution reports. While some users mention occasional fees and swap charges, professional reviews highlight OANDA’s compliance, platform reliability, and competitive spreads.
Does OANDA provide crypto tax documents?
No, OANDA does not provide crypto tax documents, but you can use crypto tax software like Koinly to generate OANDA tax documents. Just export and upload your OANDA transaction history CSV file into Koinly. Once it has your data, Koinly calculates your gains, losses, income, and more, before generating crypto tax reports to help you file.
