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We do not charge deposit fees. Please note however, that you may be charged by your payment provider or bank when depositing funds into your account.


PayNow and QR Pay deposits from Singapore local banks are free-of-charge.

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DBS Bill Pay

This method of depositing funds into your account is free-of-charge.


Per deposit, PayPal charges a service fee plus a percentage of the total amount deposited. This amount will be deducted from your deposit. PayPal fees can change at any time.


Your bank may charge a service fee for depositing funds into your account.

Bank/Wire transfers

Your bank may charge a service fee for depositing funds into your account. Intermediary banks may also deduct fees, resulting in a smaller incoming amount.


Our withdrawal fees vary depending on the withdrawal method used.


We do not charge a fee for withdrawals made to your PayPal account. If your PayPal account is denominated in a currency other than GBP, EUR or USD, you may incur an exchange fee levied by PayPal.

Internet and bank wire transfer

Where you have deposited funds in SGD and wish to withdraw as SGD we do not charge any fees.

For all non-SGD withdrawals, a fee of US$20 (or equivalent amount in the relevant currency) will be charged for the first withdrawal processed within a calendar month. All subsequent non-SGD withdrawals made within the same calendar month will incur a US$35 (or equivalent amount in the relevant currency) fee.

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

Our financing fees

We apply a holding/duration charge or credit for positions kept open over time. These are calculated in relation to positions maintained on a continuous basis rather than a daily basis. 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.

When inactivity fees are due, they are levied first on the client’s sub-account with the smallest balance and continue to be debited from sub-accounts until a maximum of SGD10 per client has been debited each month. The amount claimed is converted to each sub-account’s home currency.

Inactivity fees will be applied to inactive accounts on the third last weekday of each month.

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

Your 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.

Currency conversion fees

When you trade an instrument in a currency that is different from your account currency, the realised profit or loss, fees and/or commissions related to trading instruments which have a different quote currency to your account currency will now incur a conversion charge. This charge is based on the prevailing mid-price of the applicable FX spot rate for the conversion, plus an additional spread of 0.5%.

See an example of how currency conversion is calculated in our FAQs section below.

Frequently asked questions

How can I fund my OANDA trading account?

To initiate your first deposit into your OANDA trading account, simply select the ‘manage funds’ tab after logging in to your account. This takes you to the My Funds page, where you can make deposits, withdrawals and transfers between your accounts.

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Excellent service from a local CFD broker for over 10 years

We are a MAS-regulated local broker, offering market-leading spreads, local, award-winning client support and dedicated relationship managersǂ.

Effortless account opening and funding process: from application to trading in minutes

1 OANDA account gives you access to trade on TradingView, MT4, OANDA web or our mobile app

Guaranteed stop-loss orders and stop loss orders with margin relief benefits

ǂAwarded highest client satisfaction for telephone, online chat and email customer service (Investment Trends 2021 Singapore Leverage Trading Report, Industry

Effortless account opening in minutes.

Go from application to trading in 3 easy steps:

Fill in our app form
Get approved

Login, fund and trade
Unlock a world of opportunity with our premium account**

Get personalised access to premium trading tools and content, expert market analyst insights and exclusive premium client events.

Volume-based rebates

Access to premium referral programme

Discounted financing

Dedicated relationship manager

**Subjected to meeting the criteria set out in the account package offering.

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Easy funding and withdrawals

As a leading, regulated broker, your funds are safe with us. It is easy and straightforward to deposit, withdraw and transfer funds between your OANDA sub-accounts from your ‘My Funds’ page.

Login to your account.

Click ‘manage funds’ to view your ‘my funds’ page.

Deposit or withdraw funds to or from your OANDA account.