Earning on your surplus funds.
Smart.
With OANDA, you can earn up to 4% APY* based on your average surplus funds.
*APY, or Annual Percentage Yield, represents the total amount of interest earned on an investment or savings account in a year, taking into account the effect of compounding. It's a standardised way to compare returns across different accounts with varying compounding frequencies. Essentially, it shows how much your money will actually grow over a year. For terms relating to the surplus funds interest please see the FAQs below.
How to earn interest
Get started
You can start trading with any amount. But to earn interest, you’ll need to open an account and deposit a minimum of £10,000. If you're already a client, you’ll need to top up your account and maintain average daily surplus funds upwards of £10,000 per calendar month.
Qualify
Earn 2% APY* when your average daily surplus funds are between £10,000 – £49,999, and 4% APY* when your average daily surplus funds are between £50,000 – £100,000. You’ll automatically enrolled and there are no minimum trade requirements.^
Get interest
The earned interest for a given calendar month will be credited into your OANDA account within 15 business days after the last calendar day of the month.
*APY, or Annual Percentage Yield, represents the total amount of interest earned on an investment or savings account in a year, taking into account the effect of compounding. It's a standardised way to compare returns across different accounts with varying compounding frequencies. Essentially, it shows how much your money will actually grow over a year. For terms relating to the surplus funds interest please see the FAQs below.
^If you would like to opt out, please contact frontdesk@oanda.com
Interest rates
Rates of credit interest and eligibility criteria as of 16th June 2026:
| USD | EUR | GBP | |
|---|---|---|---|
| Standard interest per year | 2% | 2% | 2% |
| Increased promotional interest per year | 4% | 4% | 4% |
| Free margin required to enable interest calculation | Equivalent of £10,000 | Equivalent of £10,000 | £10,000 |
| Range that we calculate interest rates for |
2% equivalent of £10,000 – £49,999 4% equivalent of £50,000 – £100,000 |
2% equivalent of £10,000 – £49,999 4% equivalent of £50,000 – £100,000 |
2% for £10,000 – £49,999 4% equivalent of £50,000 – £100,000 |
FAQs
Interest on surplus funds in a trading account involves the accrual of interest on available funds that are not currently used to trade financial instruments, but remain in a clients account. These funds can still be used for future transactions.
No proactive measures or application submissions are required on the part of the client. Credit interest is automatically calculated and applied to eligible accounts, provided all qualification criteria outlined within the terms are satisfied.
- Participation is strictly limited to registered users of the OANDA Trading Platform who are natural persons.
- To qualify, clients must maintain Available Funds—defined as capital exceeding the designated Margin Requirement—above the minimum thresholds published on our website.
Eligibility restrictions and maximum capital thresholds apply to each client as a single consolidated entity, rather than being assessed independently across separate individual sub-accounts.
A minimum of £10,000 or the equivalent in USD or EUR.
The credit interest structure is tiered based on the GBP-equivalent value of the Available Funds. The baseline parameters per supported currency are outlined on our website.
- Interest is calculated daily based on the Available Funds recorded at the close of the trading day, at 5:00 PM ET.
- Should Available Funds fall below the designated minimum requirement for a specific tier on any given day, the interest calculation for that day will default to the corresponding lower tier rate.
- If balances fall below the absolute minimum requirement for the lowest tier, zero interest shall accrue for that specific day.
- Daily credit interest is calculated using the following standardiszed formula:
The table above shows the amount of interest available, depending on the amount of surplus funds.
- Account Activation: For accounts established mid-month, interest calculation commences on the date of opening and continues until the final calendar day of that month.
- Account Closure: If an account is closed prior to the end of a calendar month, all interest accrued during that specific month is forfeited. Clients who terminate their accounts before the interest from the preceding calendar month has been formally credited will lose all entitlements to those accruals.
Interest accrues daily on the individual Available Funds of each sub-account and is converted daily into GBP at the end-of-day exchange rates for aggregation purposes. On the final day of the calendar month, the total aggregated GBP interest is allocated proportionally back to the specific sub-accounts that generated the accrual. For sub-accounts utilizing a base currency other than GBP, the allocated interest amount is converted from GBP back into the respective sub-account currency. This conversion is executed using OANDA’s currency exchange rates at the close of business on the final day of that calendar month.
All approved interest disbursements are credited to the relevant sub-accounts within fifteen (15) days of the succeeding calendar month.
Depending on the client's country of tax residency, OANDA may be legally mandated to withhold tax on the interest payable in accordance with applicable statutory laws. Consequently, clients are contractually required to notify OANDA within 30 days regarding any modifications to their tax residency status.
Yes. Clients who do not wish to participate in this offer may opt out at any time by submitting a formal request via email to frontdesk@oanda.com.