Discover how OANDA Current Desk streamlines trading account management, internal fund transfers, security settings, reporting functions, and market monitoring tools for active traders.
Enter the OANDA Current Desk, a "one-stop shop" designed to simplify account management. In this guide, we’ll walk you through how to use the Current Desk to create accounts, manage funds, and highlight essential functions, such as password changes for trading accounts.
Getting started: What is the OANDA Current Desk?
The OANDA Current Desk is the centralised management portal for OANDA Global Markets clients. Instead of hunting through complex menus, Current Desk provides a clean, modern interface where you can:
- Monitor all your live and landing accounts (e-wallets) at a glance.
- Deposit and withdraw funds
- Adjust account settings (such as passwords) and add funding sources instantly.
- Upload the necessary verification documents
- Access key economic data
Navigating the Dashboard
Upon logging in, you see the Dashboard. This is your command centre.
OANDA Current Desk Dashboard (Source: OANDA Current Desk).
OANDA Current Desk Dashboard:
- Account overview: You can see your total equity across all accounts and a list of individual account balances. You can create a maximum of three MT5 trading accounts denominated in different currencies or the same currencies (USD, HKD, EUR, SGD).
- Quick actions: Large, intuitive buttons allow you to jump straight to "Deposit," "Withdraw," or "Transfer" between accounts.
Creating and managing landing accounts
OANDA Current Desk management of landing accounts (Source: OANDA Current Desk).
One of the Current Desk’s key features is the ability to create multiple accounts in different currencies with a limit of one landing account per available currency (USD, HKD, EUR, SGD, AUD, CHF). Under “My Accounts”, click on “Create New Landing Account”.
Landing accounts act as an e-wallet function that allows you to withdraw funds from your trading accounts. You can also use landing accounts to deposit and transfer funds to your trading accounts.
Funding and transfers
The Current Desk removes the complexity from managing funding and transferring money.
- Funding source: to add funding sources, click on the “Profile” button, and select “Funding Sources” on the right. Next, click on “Add Funding Source” and fill in the required banking details. Once finished, click on “Add Source”.
OANDA Current Desk funding management (Source: OANDA Current Desk).
- Centralised funding: You can manage your payment methods (bank transfers, cards, etc.) in one place to deposit into your trading and or landing accounts seamlessly. Click on the “Transfer”, followed by selecting the “Fund Account” tab on the far right.
OANDA Current Desk payment functions (Source: OANDA Current Desk).
- Internal transfers: If you want to move $1,000 from your "Trading Account" to another “Trading Account” or “Landing Account” and vice versa, the Current Desk allows you to make instant internal transfers, ensuring your margin is exactly where you need it. Under “Transfers”, just click on the “Internal Transfer” tab on the right to deploy your funds.
OANDA Current Desk internal transfers functions (Source: OANDA Current Desk).
Account settings, security, and reporting
- Password management: If you forget your password or simply want to update it for security, you can reset it in seconds without contacting support. Under the “Dashboard”, head to “Account Overview” to select the “Trading Account” for which you want to change the password. Your account details will appear; just navigate to “Account Platform” and select “Change Password”.
OANDA Current Desk security management (Source: OANDA Current Desk).
- Reports: The Current Desk features a dedicated area to retrieve your transaction and funding history, as well as daily statements and trade confirmations. Navigate to “Quick Reports” in the Dashboard function, select the required report type, and just click on “Run Report”.
OANDA Current Desk reports generation function (Source: OANDA Current Desk).
Staying ahead of key data and events
In a fast-paced trading environment, Current Desk offers you updated economic data and events to plan your trades before the release of the data. Scroll down to the bottom of the Dashboard to see what’s next upcoming data and or event under “Market News”.
OANDA Current Desk “Market News” function (Source: OANDA Current Desk).
Need help?
Finally, if you need assistance or have any enquiries, simply click the “Contact Us” button located at the bottom-right corner of the Dashboard.
This article and its contents are intended for educational purposes only and should not be considered trading advice.
