CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73.5% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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

Deposits

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.

Debit Card Icon

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.

Debit card icon

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.

Paypal Icon

PayPal

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.

Cost of Trading Icon

Internet banking via faster payments, BACS (GBP deposits only)

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. 

Direct Debit Icon

CHAPS wire transfer

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

Swift Logo

SWIFT wire

It is possible that you may be charged a service fee by your bank when you are depositing funds using this method.

Bank Transfer Icon

SEPA credit transfer (SCT)

It is possible that you may be charged a service fee by your bank when you are depositing funds using this method.

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

Withdrawals

Our withdrawal fees vary depending on the withdrawal method used.

Debit Card Icon

Credit and debit cards

You can make one free withdrawal to your credit or debit card per calendar month. All subsequent withdrawals made in the same month will incur a fee. Withdrawal fees vary depending on your account currency.

Paypal Icon

PayPal

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.

Cost of Trading Icon

Bank transfer

Withdrawals made by bank transfer will incur a fee. Fees vary dependent on your account currency and how many other bank transfer withdrawals you have made within the same calendar month.

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 your sub-account with the smallest balance and continue to be debited from sub-accounts until a maximum of £10 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.

Frequently asked questions

add

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.

add

How can I withdraw my funds from my OANDA account?

You can withdraw funds from your account via various means, for example: debit card, credit card, PayPal and bank wire transfer.

Select the ‘manage funds’ tab after logging in to your account. This takes you to the My Funds page.

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, then PayPal and finally bank wire transfer. Find out more about how you can withdraw funds from your account.

add

What are holding charges?

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.

add

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.

Mastercard LogoPayPal LogoSwift LogoVisa LogoBank Transfer LogoWire Transfer Logo

What are financing costs?

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

Standard and premium accounts

Our accounts offer institution-grade execution, a relationship manager, 24-hour support and more.

Depositing and withdrawing funds

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