How to open an account

To apply, you must be over 18 years old. We only ask questions that are relevant to your application and for regulatory purposes. Your application will be reviewed and approved by our onboarding team.

Once your account has been approved by our onboarding team, you can log in to your OANDA account and deposit, withdraw and transfer funds. This can be done using the transfers tab of your portal.

You can fund using a number of methods, including debit and credit cards, wallets and bank wire transfer. There is no minimum deposit amount and you can deposit up to US$9,000 (or currency equivalent) to your OANDA account*.

You are now ready to place your first live trade using your OANDA account.

If you want to deposit/withdraw more than US$9000 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 FAQ page. If you are not an existing client, you will need to email your documents to frontdesk@oanda.com. 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.