Contracts for difference (CFD) Trading

Access commodities and indices with commission free trading with OANDA

Diversify Your Portfolio

To diversify your portfolio you may want to add contracts for a difference (CFDs) to your portfolio. You can trade a range of products and instruments on our proprietary platform fxTrade or the popular MetaTrader 4 (MT4).


Leveraged Trading

Similar to forex, you can use leverage to trade large positions with a small amount of capital. With leverage there are significant benefits but you can potentially incur losses rapidly.

Flexible Lot Sizes

Size your trade positions to suit your portfolio without fixed lots sizes.

Go Long or Short

Take advantage of price volatility by going long or short without paying commissions or broker fees.

No Physical Ownership

You never risk having to own or take possession of the underlying asset.

Hedge Existing Positions

CFDs can be used as a cost effective hedging tool for your portfolio and are available over a wide variety of underlying products.


Trade some of the most liquid commodities in the world including crude oil, wheat, corn, and natural gas

Instrument Description
Corn Corn
Wheat Wheat
Sugar Sugar
Soybeans Soybeans
Copper Copper
Natural Gas Natural Gas
Brent Crude Oil Crude Oil (Brent)
West Texas Oil Crude Oil (WTI)

View the margin requirements of your region on our regulatory page.

Stock Market Indices and Bonds

Exposure to the world's leading indices. Trade both long and short-term notes

Instrument Description
US Wall St 30 Index of the top shares on Wall Street
US Nas 100 NASDAQ 100 index of US listed shares
US SPX 500 S&P 500 index of US listed shares
UK 100 FTSE 100 index of UK listed shares
Germany 30 DAX index of German listed shares
Japan 225 Nikkei 225 index of Japanese listed shares
Hong Kong 33 Hang Seng index of Hong Kong listed shares
Netherlands 25 AEX index of Holland's listed shares
France 40 CAC 40 index of French listed shares
Europe 50 Euro Stoxx 50 index of European listed shares
Swiss 20 SMI Futures
US Russ 2000 Russell 2000 Index Mini Futures
Australia 200 Index of top ASX shares
Singapore 30 Index of top SGX shares

View the margin requirements of your region on our regulatory page.

Instrument Description
2Y T-Note Two-year U.S. Treasury Note
5Y T-Note Five-year U.S. Treasury Note
10Y T-Note Ten-year U.S. Treasury Note
T-Bond U.S. Treasury Bond
10Y Bund Euro-Bund Futures
10Y Gilt Long Gilt Futures

View the margin requirements of your region on our regulatory page.

We give you tools to help you on your way

Fast, reliable execution with no dealing desk
No re-quotes
Flexible lot sizes 
No minimum deposit

CFD Frequently Asked Questions

Understanding your CFD finance charges is important because CFD interest rates can fluctuate significantly.

CFD finance charges, whether paid or received, is assessed using the discount rate associated with the CFD. OANDA applies a spread to the discount rate. OANDA publishes its CFD interest rates, expressed as bid and ask rates for each CFD, in real-time on OANDA's Historical Interest Rates Tool.Your CFD finance charges on an open position will be netted; meaning that the rate earned or charged on a CFD trade will be the difference between the CFD interest rate and the interest rate on the currency. You will pay finance charges in the event of a negative interest rate and you will earn finance charges in the event of a positive interest rate.

What platforms and accounts can I use to trade CFD's?

You can trade CFD's on all OANDA platforms including mobile, provided your regulatory body allows CFD trades.

How does counterparty risk affect my CFD trades?

Counterparty risk is the risk that a counterparty will fail to fulfil its obligations. This risk is especially relevant when trading with a CFD provider that is under-capitalised or unregulated. It is important then to trade only with a reputable, established, and properly regulated counterparty. CFDs are not exchange-traded but traded "over-the-counter". Accordingly, there may be counterparty risk. A 'counterparty' is the person or company on the other side of a financial transaction. When you buy or sell a CFD, the only asset you are trading is a contract issued by the CFD provider, so the CFD provider becomes your counterparty.

How does leverage affect my CFD trades?

CFDs can be traded with relatively high leverage, and even a small change in the market can have a big impact on your trading returns. If changes in market value have a negative impact on your trade, you may need to deposit additional money to maintain your open positions and avoid an automated margin closeout. It is therefore advisable to keep a sufficient surplus of funds on your account to cover any sudden adverse movements in the market. Please review your risk disclosure statement for more information about using leverage.

How does volatility affect my CFD trades?

In financial markets, prices can move quickly and unexpectedly, driven by factors such as economic news, earnings announcements, political changes, or natural disasters. Volatility may provide interesting trading opportunities, but it also increases trading risks. It is important to assess your personal tolerance for risk and adjust your trading approach accordingly in periods of high market volatility.

How do I add stock market indices, commodities and bonds to fxTrade ?

To enable CFDs on the fxTrade Platform: Select the Tools option on the menu bar of the fxTrade Platform Select User Preferences On the User Preferences settings, choose the QUOTES tab and select CFDs from the dropdown menu Add any CFDs you would like to monitor and trade by selecting the Add All or Add button Learn how to add CFDs to your MT4 platform and mobile (iOS, Android) applications.

What does CFD stand for ?

Contract for Differences - A contract for difference (CFD) is a financial instrument that allows traders to invest into an asset class without actually owning the asset.

Read More FAQs

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 to on FX products and limits to leverage offered on CFDs apply. Maximum leverage for OANDA Canada clients is determined by IIROC and is subject to change. For more information refer to our regulatory and financial compliance section.

Contracts for Difference (CFDs) or Precious Metals are NOT available to residents of the United States.

MT4 hedging capabilities are NOT available to residents of the United States.

Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.