Account comparison

Zero commission, one-click trading, 24/5 client support, powerful analysis tools and competitive prices on a range of CFD markets are some of the benefits that come with an OANDA trading account.

Account Comparison

Which account is right for me?

We offer 3 account types to suit your trading needs. Use the table below to find out which account is best for you.

Standard Core Swap-free
Full account verification Not needed for gross account deposits below US$9,000 Not needed for gross account deposits below US$9,000 Not needed for gross account deposits below US$9,000
Spread 1 0.2 1.6
Commission (per million) US$0 US$40 US$0
Leverage from 200:1 200:1 200:1
Minimum order size 0.01 lots 0.01 lots 0.01 lots
Instruments Over 200 Over 200 26
Stop-out level 50% 50% 50%
One-click trading Yes Yes Yes
Strategies allowed All All All
Base currencies USD, EUR, HKD, SGD USD, EUR, HKD, SGD USD
Suitable for All traders Expert advisors (EAs), short-term traders, high frequency traders Traders who do not wish to pay or receive interest on their accounts
Acceptance criteria Available to all Available to all Available upon request at OANDA's discretion

Depositing more than US $9000 (or equivalent)?

If you want to deposit more than US$9,000 or equivalent with us, you will need to provide further documentation such as a passport and current bank statement or similar as outlined on our open an account page. If you are an existing client with access to your portal, you can upload these documents to your portal. If you are not an existing client, you will need to email your documents to Following receipt, a member of our onboarding team will review your documents. If acceptable, we will notify you once the funding restrictions have been removed from your account.

Trade without swap or interest

Our swap-free account does not subject your open trades to overnight swap or interest charges/credits.

Transparent trading costs

We are upfront about our fees so you know how much you are paying when you trade with us.

Apply for a live account

Start trading in 3 steps: apply, fund & trade—documents supporting your application are not needed until your gross account deposit totals US$9,000.