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

Our financing fees

We apply an overnight financing charge (credit or debit) for positions kept open at 5pm Eastern Time. View fees.

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.

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

Your trading 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.

Deposit fees

We do not charge for the receipt of deposits via any method, however, your card issuer or payment provider may charge you a fee.

For more information about depositing funds, visit our deposit funds FAQ page.

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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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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.

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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.

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Neteller

Your provider may charge a transaction fee for using Neteller to deposit funds into your OANDA account.

Withdrawal fees

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.

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Credit and debit cards

We do not charge a fee for withdrawals to your credit or debit card.

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Bank wire transfer

We charge a fee of $20 per transaction for withdrawals. You may also incur bank or any payment intermediary charges.

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Skrill

It is possible that you may be charged a service fee by your provider when you are withdrawing funds by this method.

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Neteller

Your provider may charge you a transaction fee for withdrawals.

For more information about withdrawal fees, visit our withdraw funds FAQ page.

Frequently asked questions

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How do I fund my OANDA account for the first time?

To initiate your first deposit into your OANDA landing account, simply login 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.

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How can I withdraw my funds from my OANDA 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 (eg. Skrill and Neteller) and finally bank wire transfer. Find out more about how you can withdraw funds from your account.

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What are overnight financing charges?

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.

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Can’t find what you’re looking for?

Ready to start trading? Open an account in minutes

Already have a live trading account? It's easy to fund your account using one of the following payment methods. No document verification needed for gross account deposits below US$9,000.

Bank Transfer Logo Wire Transfer Logo Visa Logo Mastercard Logo Neteller logo Skrill logo

What are financing costs?

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

Trade without swap or interest

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

Depositing and withdrawing funds

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