Irrespective of funding method, clients are able to request a withdrawal to any verified bank account.
You will need to create a bank account profile for your new bank account. In the account management portal, click on ‘Manage Funds’ and then click on bank accounts. Click on ‘+add bank account’ to add a new bank account to your OANDA account. Then add a recent bank statement which confirms the name and address registered to the OANDA account owner, along with the account number and bank logo.
Click on ‘OANDA Trade accounts’ and select the account from which you wish to withdraw. Click ‘withdraw’ and select bank transfers as the withdrawal method, and then select the bank account to which you would like to withdraw funds. Enter the amount and select 'continue'. You may be charged a fee for withdrawing funds. Find out more about our fees and charges.
Funds can be withdrawn up to the value of the balance of your account, minus the amount of margin needed to maintain the open positions on your account. When requesting a withdrawal, you should ensure that there are sufficient funds remaining in your OANDA account to prevent margin calls on your remaining open positions.
Note: the above information reflects typical processing times for OANDA and its financial institution or card processing provider to complete your withdrawal. Your financial institution or debit card provider may take additional time to complete your withdrawal.