Find out about our charges and fees, so you know exactly how much you are paying when you trade with us.
We apply an overnight financing charge (credit or debit) for positions open at 5pm Eastern Time.
We do not charge for the receipt of deposits via any method, however, your card issuer or payment provider may charge you a fee. We also don’t accept funds from third parties. For more information about depositing funds, visit our deposit funds FAQ page.
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.
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.
Bank wire transfer
Your bank may charge a transaction fee when you deposit funds by bank wire transfer. Please check with your bank to determine the charges.
Skrill
It is possible that you may be charged a service fee by your provider when you are depositing funds by this method into your OANDA account.
Neteller
Your provider may charge a transaction fee for using Neteller to deposit funds into your OANDA account.
We do not charge a fee at OANDA for withdrawal by credit or debit cards. Withdrawals by bank wire transfer will incur a fee. You may be charged a fee by your payment processor. For more information about withdrawal fees, visit our withdraw funds FAQ page.
Credit and debit cards
We do not charge a fee for withdrawals to your credit or debit card.
Bank wire transfer
We charge a fee of $20 per transaction for withdrawals. You may also incur bank or any payment intermediary charges.
Skrill
It is possible that you may be charged a service fee by your provider when you are withdrawing funds by this method.
Neteller
Your provider may charge you a transaction fee for withdrawals.
An inactivity fee is a monthly charge that may be levied on your account if there’s been no trading activity for a period of 12 months. Please note, inactivity fees will not be charged when there’s an open position.
If inactivity fees are due, they’ll be levied first on your sub-account with the smallest balance and may continue to be debited from sub-accounts until a maximum of $10 per client / per month has been debited. The amount claimed will be converted to each sub-account’s home currency. Levying inactivity fees won’t result in a negative balance on any of your accounts.
Your account may be charged an inactivity fee unless ONE of the following conditions are met:
If you have resumed trading after inactivity fees have been levied, you can request a rebate of up to three months’ worth of the inactivity fees, based on how many months you have been charged.
If you’d like to deposit funds into your account and continue to trade, please follow the steps here.
We offer a spread-only account or a spread-and-commission account. Simply choose the one that’s right for you.
To initiate your first deposit into your OANDA landing account, simply log in to your OANDA portal and on the front page, on the right-hand side, click on "Fund Account".
This takes you to a menu where you can choose your deposit method, or add a new bank account to your available funding methods. When you have added funds for the first time, we will create your first trading account.
You can withdraw by transferring funds from your trading account to your landing account and then requesting a withdrawal. You can withdraw via various means, for example: debit card, credit card and bank wire transfer.
Please note that withdrawals are subject to our hierarchy rules. If you have deposited funds using multiple methods, you must withdraw the total sum deposited by each means in a set order. For example: first by debit cards, then credit cards followed by wallets (e.g. Skrill and Neteller) and finally bank wire transfer.
Find out more about how you can withdraw funds from your account.
We apply an overnight financing charge (debit or credit) for positions that remain open at 5pm Eastern Time. You can find out what these charges are and how they are calculated on our financing costs page.
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
With over 25 years of experience, the OANDA Group offers leading tools, powerful platforms and transparent pricing.
Calculating financing costs
Financing costs can affect your cost of trading, so it's important to understand how financing works.
Apply for a live account
Start trading in three steps: apply, fund and trade. Documents supporting your application are not needed until your gross account deposit totals US$9,000.
Depositing and withdrawing funds
It is simple and straightforward to deposit and withdraw funds to and from your account.