Our charges and fees

To initiate your first deposit into your OANDA trading account, simply log in to ‘manage funds’ using your OANDA account details. You can deposit funds using debit card, bank wire transfer and automated clearing house (ACH). Third-party deposits: to receive funds from a third party, you will first need to set up a joint account with that party. Select the “instantly add” option to expedite deposits via wire transfer and ACH. See our funding and withdrawals page for more information.

You can withdraw funds from your OANDA account via debit card and bank wire transfer. Funds can be withdrawn by logging in to ‘manage funds’ using your OANDA Trade account details. Remember: withdrawals are subject to our hierarchy rule. If you have deposited funds using multiple methods, you must exhaust the total deposit amounts first by debit card, and then followed by bank wire transfer. Find out more about how you can withdraw funds from your account.

At OANDA we apply a holding/duration charge or holding/duration credit for positions you keep open over time. Our holding charges/credits are calculated in relation to positions maintained on a continuous basis rather than as a daily roll charge. Find out how financing is charged and paid into your account.

For FX pairs, where you open a long position, we identify an OANDA position maintenance ‘holding’ rate for each currency. We calculate a (lower) ‘holding’ rate on the long side of the pair and a (higher) ‘borrowing’ rate on the short side of that pair. We then calculate the net positive or negative differential rate.

• The lower rate is calculated because it is notionally payable by us to you on the long side of the pair.
• The higher rate is calculated because it is notionally payable to us by you on the short side of the pair.

Find out more about financing charges and credits.

See our full list of frequently asked questions.