Joanna Wilcox Moves from FXCM to OANDA as Compliance Leadership Evolves

Joanna Wilcox, formerly Group Chief Compliance Officer at FXCM operator Stratos Markets Limited, has reportedly joined OANDA as Executive Director, with responsibility for compliance oversight and the Money Laundering Reporting Officer (MLRO) function. The move adds another experienced compliance executive to OANDA during its management transition under FTMO ownership.

From Regulatory Enforcement to Broker Compliance

Wilcox joined FXCM in 2024 after holding compliance and advisory positions at IG Group and Spreadex. Earlier, she spent approximately nine years at the UK Financial Conduct Authority, including managing investigation teams within its Enforcement and Market Oversight division.

Her background combines regulatory investigation experience with compliance work inside retail trading businesses. The available appointment details do not establish her precise starting date or which OANDA legal entity the executive directorship covers.

Ownership Changes Provide the Context

OANDA’s ownership transition is already complete: FTMO finalised its acquisition on December 1, 2025. In March 2026, FTMO founders Otakar Šuffner and Marek Vašíček took joint leadership of OANDA as co-CEOs, succeeding Gavin Bambury.

OANDA subsequently added Karolina Jasica as Global Compliance Officer, following her tenure at IG Group. Wilcox’s arrival follows that recruitment, although the available information does not specify how their responsibilities will be divided.

FXCM is undergoing a different transition. AvaTrade announced an agreement in October to acquire the majority of FXCM Group’s business. Separately, Trade Nation agreed to acquire the UK client book of Stratos Markets Limited, with that transfer expected in late November. These transactions should not be treated as identical acquisitions or described collectively as completed.

What the Move Suggests About Compliance Talent

Wilcox’s move illustrates how experienced compliance professionals can move between competing brokers while ownership structures change. It does not establish that an acquisition caused her departure, or that FXCM is experiencing a wider staff exodus.

From a governance perspective, acquisitions raise practical questions about who oversees compliance, how responsibilities pass between teams, and whether escalation procedures remain clear during client transfers. Executive appointments provide useful context; their effectiveness ultimately depends on how those responsibilities operate in practice.

Investor Warning

A senior compliance appointment or change of ownership does not guarantee account security, service continuity or investment returns. Before opening or transferring an account, verify the contracting legal entity, regulatory permissions, client-money arrangements and complaint procedures.

Forex and CFDs carry substantial risk, particularly when leverage is involved. Follow BrokersView for broker risk updates and investor alerts.

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