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Bonds CFDs

Bonds trading

At OANDA, we offer CFD prices on a wide range of bonds. Take a position on Bunds, UK 10-Y Gilt, US 10-Y T-Note, US 2-Y T-Note, US 5-Y T-Note and US T-Bond.

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Award-winning* platform + TradingView

Our powerful OANDA Trade platform can be accessed from your web browser. You can also trade on the move with our apps for iPhone, Android and tablet devices.

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Spread bet bonds

You can take a spread betting position** on our full range of bond instruments using a spread betting sub-account.

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Platform tools

Our range of powerful platform tools include Advanced Charting (powered by TradingView), technical analysis, a trading performance portal and more.

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Bond CFDs

A bond CFD is a form of financial derivative trading. When you trade a bond, you are taking a position on the price of the underlying instrument and not purchasing the instrument itself. This means that if you feel the bond you are trading will go up in value, you would take a long position and if you feel the value of the bond would fall, you would take a short position.

What is a bond?

A bond is a loan or purchase that the bond holder makes to the issuer. Bonds can be issued by governments, corporations or bodies that are looking to raise capital. When you buy a bond, you are effectively giving the issuer a loan in return for a bond. The issuer promises to pay you interest periodically and to return the principal amount when the bond matures.

Trade on the go

Take a position on the bond markets even when you’re on the move with the OANDA Trade apps for iPhone, Android and tablet devices. Our mobile apps enable you to react to market activity in real time and offer customisable charting, risk management and price alerts so you never miss out on a trading opportunity.

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Pricing and liquidity providers

Our pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument on our trading platform. This mid-point fluctuates throughout the day as market prices change.

Execution

Our award-winning and customisable OANDA Trade platform is engineered for reliability and speed. This is especially important during periods of high volatility, when prices can move rapidly. Our platform can be accessed from your web-browser.

Costs of trading

Fairness and transparency are at the heart of everything we do. We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us. Learn about our costs for depositing and withdrawing funds, bank wire transfer, spreads, inactivity fees and more.

*Voted Best Broker 2023 (TradingView Broker Awards 2023). Most Popular Broker 3 years in a row (TradingView Broker Awards 2020, 2021, 2022). Best Trading Tools winner (Online Personal Wealth Awards 2021). Awarded highest client satisfaction for telephone customer service (Investment Trends 2021 UK Leverage Trading Report, Industry Analysis).

**All profits made in spread betting are exempt from UK Capital Gains Tax and UK stamp duty. UK and Irish tax laws are subject to change and individual circumstances may vary.