Trading

Our charges and fees

Find out about our charges and fees so you know exactly how much you are paying when you trade with us.

Hero Charges

Deposits and withdrawals

Depending on your method of deposit, you may be charged a fee by the sending bank for depositing and withdrawing funds into your OANDA Australia trading account.

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Credit card

Your credit card provider may charge you a transaction fee and international processing fee. Please check with your credit card provider to determine the charges.

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Debit card

It is possible that you may be charged a service fee by your bank when you are depositing funds by debit card to your OANDA account.

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Internet banking transfer

Your bank may charge a service fee for depositing funds into your account. Intermediary banks may also deduct fees, resulting in a smaller incoming amount.

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Bank wire transfer

Your bank may charge a service fee for depositing funds into your account.

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Our financing fees

We apply a holding/duration charge or credit for positions kept over time. These are calculated in relation to positions maintained continuously. View fees

For deposits by debit card, we do not charge for your first withdrawal in a calendar month. All OANDA applied fees and company bank fees with a valid receipt are waived for premium clients.

Inactivity fees

An inactivity fee is a monthly charge that is levied on your account if there has been no trading activity for a period of 12 months. Please note, inactivity fees will not be charged when there is an open position.

When inactivity fees are due, they are levied first on the client’s sub-account with the smallest balance and continue to be debited from sub-accounts until a maximum of AUD10 per client has been debited each month. The amount claimed is converted to each sub-account’s home currency.

Inactivity fees will be applied to inactive accounts on the third last weekday of each month.

Levying of inactivity fees will not result in a negative balance on any of your accounts.

Your account will be charged until one of the following conditions are met:

  • You close your account
  • You resume trading on your account
  • The balance on your account is reduced to zero.

If you have resumed trading after inactivity fees have been levied, you can request a rebate of up to 3 months’ worth of the inactivity fees based on how many months you have been charged. If you would like to deposit funds into your account and continue to trade, please refer to our 'How to fund your account' FAQ.

Frequently asked questions

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How can I fund my OANDA trading account?

To initiate your first deposit into your OANDA trading account, simply select the ‘manage funds’ tab after logging in to your account. This takes you to the My Funds page, where you can make deposits, withdrawals and transfers between your accounts.

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How can I withdraw my funds from my OANDA account?

You can withdraw funds from your OANDA account via credit/debit card, online banking and bank wire transfer. Funds can be withdrawn by selecting the ‘manage funds’ tab after you log in to your OANDA account, this brings you to the My Funds system. Irrespective of funding method, clients are able to request a withdrawal to any verified bank account. Find out more about how you can withdraw funds from your account.

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What are holding charges?

We apply a holding/ duration charge or credit for positions kept open over time. These are calculated in relation to positions maintained on a continuous basis rather than a daily basis. View fees.

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Already have a live trading account? It's easy to fund your account using one of the following payment methods.

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What are financing costs?

Financing costs can affect your cost of trading, so it's important to understand how financing works.

Core and premium accounts

Institution-grade execution, 24-hour support, a range of platform features and account advantages.

Depositing and withdrawing funds

It is simple and straightforward to deposit and withdraw funds to and from your OANDA account.