BrokerSafari Evidence Score
This is an evidence-based editorial calculation, not a guarantee of safety, an account test or an investment recommendation. It uses only the structured research recorded for this broker, never another website’s rating.
- BrokerSafari Evidence Score
- 8.4 / 10 — Strong
- Evidence confidence
- medium
- Evidence coverage
- 54.8%
- Assessed quality score
- 8.7 / 10
- Evidence-gap penalty
- −0.3
- Score before caps
- 8.4 / 10
- Calculated score after caps
- 8.4 / 10
- Regulation & Legal Entity
- Weight 30%; coverage 66.7% (2/3 inputs). Quality 10.0 / 10; 30 / 30 weighted points before normalization and penalties.
- Safety & Client Protection
- Weight 20%; coverage 0% (0/4 inputs). Quality unassessed — not zero.
- Transparency
- Weight 15%; coverage 75% (3/4 inputs). Quality 9.0 / 10; 13.5 / 15 weighted points before normalization and penalties.
- Fees & Trading Costs
- Weight 10%; coverage 100% (4/4 inputs). Quality 7.5 / 10; 7.5 / 10 weighted points before normalization and penalties.
- Deposits & Withdrawals
- Weight 10%; coverage 60% (3/5 inputs). Quality 6.3 / 10; 6.3 / 10 weighted points before normalization and penalties.
- Trading Platform & Products
- Weight 10%; coverage 50% (2/4 inputs). Quality 7.8 / 10; 7.8 / 10 weighted points before normalization and penalties.
- Track Record & Independent Evidence
- Weight 5%; coverage 50% (1/2 inputs). Quality 9.0 / 10; 4.5 / 5 weighted points before normalization and penalties.
Quality uses only assessable inputs. Entirely unassessed categories are excluded and remaining category weights are normalized; missing evidence is not zero quality. Coverage separately measures assessed input weight out of 100%. A gap penalty of 0.0, 0.3, 0.7 or 1.2 is applied before regulatory caps. Source strength affects confidence, not a direct multiplication of the quality score.
Rating cap
None.
Why this score?
Verified strengths
- Regulation & Legal Entity — Account-serving legal entity: verified.
- Regulation & Legal Entity — Relevant financial regulation: independently verified.
- Trading Platform & Products — Platform identity and clarity: partially verified. Partial verification only; unresolved scope remains an evidence gap.
- Track Record & Independent Evidence — Independent-source documentation: strong. Strong attributable documentation is not necessarily a favorable finding.
Provider-disclosed evidence
- Transparency — Company transparency: high.
- Transparency — Legal-document transparency: high.
- Transparency — Regulatory-disclosure transparency: high.
- Fees & Trading Costs — Spread transparency: medium.
- Fees & Trading Costs — Commission transparency: medium.
- Fees & Trading Costs — Overnight-fee transparency: medium.
- Fees & Trading Costs — Live trading-cost testing/corroboration: provider disclosed only.
- Deposits & Withdrawals — Deposit and withdrawal fee transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Deposits & Withdrawals — Payment-method transparency: medium.
- Deposits & Withdrawals — Withdrawal-term transparency: medium.
- Trading Platform & Products — Trading-product transparency: medium.
Supplementary independent evidence
No assessable secondary-source evidence is recorded.
Evidence gaps
- Regulation & Legal Entity — Regulatory warnings and enforcement: unassessed.
- Safety & Client Protection — Client-money segregation: unassessed.
- Safety & Client Protection — Negative-balance protection: unassessed.
- Safety & Client Protection — Investor-protection coverage: unassessed.
- Safety & Client Protection — Security controls: unassessed.
- Transparency — Contact transparency: unassessed.
- Deposits & Withdrawals — Independent withdrawal testing/corroboration: unassessed.
- Deposits & Withdrawals — Verified withdrawal findings: unassessed.
- Trading Platform & Products — Mobile availability: unassessed.
- Trading Platform & Products — Platform testing: unassessed.
- Track Record & Independent Evidence — Operating history: unassessed.
Verified concerns
No verified adverse finding is recorded in these inputs. This is not a clean bill of health or continuous monitoring.
Broker Overview
This review distinguishes the historical TMS Brokers brand from the current legal name OANDA TMS Brokers S.A. The Polish KNF record is specific to that company; current brand presentation and local services can differ.
| Named legal entity | OANDA TMS Brokers S.A., formerly Dom Maklerski TMS Brokers S.A. |
|---|---|
| Jurisdiction checked | Poland; KNF investment-firm register. |
| Authorization reference | KPWiG-4021-54-1/2004; authorization date 26 April 2004. |
| Account testing | No account, costs, execution, deposit or withdrawal tested by BrokerSafari. |
Regulation
The KNF register identifies OANDA TMS Brokers S.A. as a Polish investment firm and records an authorization dated 26 April 2004. The KNF entry is not a blanket authorization for a separate OANDA affiliate, a product outside the listed scope or an account booked in another country.
Legal Entity & Jurisdiction
OANDA TMS Brokers S.A.
| Legal entity | OANDA TMS Brokers S.A. |
|---|---|
| Regulator | Polish Financial Supervision Authority (KNF) |
| Licence / reference | Authorization reference KPWiG-4021-54-1/2004; authorization date 26 April 2004 |
| Jurisdiction | Poland |
| Client type | Not available in the cited record; check the local account agreement. |
| Record status | Listed as an investment firm in the KNF register checked for this review. |
| Evidence type | Regulator record |
| Source | KNF — investment-firm register, OANDA TMS Brokers S.A. |
| Last checked |
Broker brands may operate through multiple companies. The applicable regulator, permissions, products, client protections and complaint route depend on the legal entity named in the account agreement and the customer’s jurisdiction. A group company’s licence does not automatically apply to another company.
License Information
| Regulator | Polish Financial Supervision Authority (KNF). |
|---|---|
| Entity | OANDA TMS Brokers S.A. |
| Authorization reference | KPWiG-4021-54-1/2004. |
| Authorization date | 26 April 2004. |
| Last checked | 22 October 2026 |
Company Information
OANDA TMS documents identify the company as OANDA TMS Brokers S.A., formerly Dom Maklerski TMS Brokers S.A., with its registered office in Warsaw and KRS number 0000204776.
OANDA announced completion of the TMS Brokers acquisition in 2021. A separate announcement describes the TMS brand transition to OANDA in Czechia in 2025; that regional brand change should not be treated as proof that every country changed at the same time.
Trading Platforms
Platform availability depends on the country and account. The TMS/OANDA documents reviewed for this page do not establish a single platform lineup for every regional service; check the current official platform page and your account agreement before relying on MT5, OANDA Trade or any other terminal.
Trading Products
OANDA TMS documents distinguish services related to CFDs and stocks. The exact product, account type, country availability and legal protections must be checked against the current regional offer and customer agreement.
Trading Conditions
The official document list includes service-specific rules, costs and commissions, conflict-of-interest information and trading terms. Conditions may differ by service and region; this review does not infer a universal spread, leverage or execution model.
Fees
| Current schedule | The provider publishes cost and fee documents; amounts depend on the service and applicable tariff. |
|---|---|
| Spreads and commissions | Instrument- and service-specific; verify the current fee table and order ticket. |
| Overnight / financing | Terms depend on product and service; not generalized here. |
| Live cost comparison | Not conducted by BrokerSafari. |
Deposit & Withdrawal
The official documents describe payment arrangements, but the current method-specific fees, withdrawal timeframes and eligibility for a particular country were not independently compiled here. Read the account’s current funding policy and confirm the payment recipient before transferring funds. BrokerSafari did not test a withdrawal.
Research Summary
The Polish KNF record and OANDA TMS company documents establish the current legal-name context for the Polish entity. The brand transition and regional platform lineup remain country-specific; fees are documented but were not independently tested.
Safety / Regulation Analysis
The KNF record supports the authorization of OANDA TMS Brokers S.A. in Poland within the recorded activity scope. It does not automatically cover other OANDA companies or accounts outside that entity. Check the contracting entity, current permissions, complaint route and any applicable investor-compensation terms.
Our View
OANDA TMS Brokers S.A. is identifiable in the Polish KNF register, and company documents link the name to the former TMS Brokers entity.
TMS and OANDA branding has changed in some markets. A Polish authorization record does not identify the company or terms for every country-specific TMS-branded page.
A score does not guarantee results or establish that a broker is safe. Every broker receives an evidence score. Unknown information is excluded from quality assessment, not treated as poor performance. Coverage, confidence and a modest evidence-gap penalty reflect research limitations; verified concerns and regulatory caps remain separate.
What Is TMS Brokers?
TMS Brokers is a historical brand associated with OANDA TMS Brokers S.A. OANDA’s documents use the current company name and identify the former name.
OANDA’s acquisition and country-specific brand-transition announcements provide context, but do not establish platform or product availability in every region.
Is TMS Brokers Regulated?
The KNF register lists OANDA TMS Brokers S.A. and records authorization dated 26 April 2004 under reference KPWiG-4021-54-1/2004. Confirm the activity scope and the account entity directly in official records.
Company and Legal Entity
Official company documents identify OANDA TMS Brokers S.A. as the current legal name, formerly Dom Maklerski TMS Brokers S.A., and disclose KRS 0000204776.
A brand name, a company registration and a financial-services licence are different things. A company registration alone should not be interpreted as a financial-services licence. The legal entity in the customer agreement must match the relevant regulatory record and the services being supplied.
Markets and Trading Products
Public materials distinguish CFD and stock services. Current instruments and eligibility depend on the country-specific offer and account terms.
Trading Platform
Platform details are regional and were not sufficiently confirmed for one universal TMS account. Verify the official local platform page and account agreement.
BrokerSafari has not independently tested the trading platform. A published platform name or download link is not a test of execution, account access, data security or the ability to recover money.
Fees and Trading Costs
The provider publishes a cost and fee schedule, but rates differ by service. No all-in cost test or synchronized quote comparison was performed.
Deposits and Withdrawals
Funding and withdrawals depend on current country and payment terms. No processing time or withdrawal outcome is asserted by BrokerSafari.
BrokerSafari has not independently tested withdrawals from TMS Brokers. Before funding an unfamiliar provider, review withdrawal eligibility, identity-verification requirements, fees, payment-recipient details and the entity responsible for the account. No withdrawal speed or success rate is asserted here.
Is TMS Brokers Safe?
The KNF record applies to the named Polish entity and listed activities. Do not infer that a different OANDA company or local brand is covered by that record.
What Should Traders Verify?
- Match the exact website and legal entity against the customer agreement and payment recipient.
- Search the relevant regulator’s official register; compare the name, domain, reference number and contact details.
- Check whether the permission covers the intended service, client category and jurisdiction.
- Read the complete fee schedule, including overnight financing, conversion and account charges.
- Review funding, withdrawal and account-closure terms before sending money.
- Identify the complaint route and any investor-protection eligibility; do not assume these apply across a group.
Evidence Reviewed
A Last Checked date records when the source or its availability was reviewed. It is not a promise of continuous monitoring. A record found for a similarly named company is not transferred to the entity under review. No third-party rating or customer report is adopted as regulatory verification.
What We Could Verify
- The KNF register lists OANDA TMS Brokers S.A. and an authorization dated 26 April 2004.
- Company documents identify the current company name, its former TMS Brokers name and KRS 0000204776.
- OANDA publicly announced its acquisition and a separate country-specific brand transition.
Information Still Unclear
- The entity, platform and account terms for a customer outside the Polish service scope.
- Current instrument-level fees, funding methods and withdrawal timeframes for an individual account.
- The application of investor protection to any particular customer or product.
How BrokerSafari reviews brokers
| Evidence standards | BrokerSafari prioritizes primary evidence such as financial-regulator registers, legal disclosures and official company documents. Broker claims are attributed to the broker unless independently verified. Third-party reviews and user reports may provide useful context, but they are not treated as substitutes for regulatory records. |
|---|
Risk disclaimer
This review is general research, not personal financial advice or a recommendation to open an account. Trading and investing involve the risk of loss. Leverage can increase losses, while regulatory authorization does not guarantee investment performance, withdrawal outcomes or provider solvency.
Related Broker Reviews
Related broker research
Related trading guides
FAQ
The Polish KNF register lists OANDA TMS Brokers S.A. with an authorization dated 26 April 2004 under reference KPWiG-4021-54-1/2004. This applies to the named Polish entity and recorded activity scope, not automatically to other OANDA companies.
The Polish regulator record and company documents provide evidence for OANDA TMS Brokers S.A. They do not establish the entity or terms for every TMS/OANDA-branded service in every country.
Regulatory status is entity- and activity-specific. Check the company in your agreement, its current KNF permissions and the protections applicable to your product and customer category.
OANDA states that it completed the acquisition of TMS Brokers. The current Polish company is OANDA TMS Brokers S.A.; this review does not make broader ownership claims beyond the cited corporate disclosures.
The KNF record and authorization described here concern the Polish entity. TMS/OANDA brand use and account services differ by country.
Confirm the precise legal entity and domain in the account agreement, then check the relevant regulator’s own register for matching permissions and contact details. Read the fee schedule, withdrawal conditions and complaint procedure. Establish which jurisdiction governs the account and whether any investor-protection scheme applies. A group licence or a similarly named firm is not sufficient evidence for your particular account.
No. This page is desk research of the public sources and limitations identified in Evidence Reviewed. BrokerSafari has not opened or funded an account, placed live trades, measured execution or independently tested withdrawals from this provider. Company descriptions of platform features and transaction times are not firsthand findings. The numerical Evidence Score reflects documented research, not firsthand testing or assurance of operational reliability.