Our pricing

At OANDA we offer two pricing options: spread-only and core pricing plus commission. Our pricing models are clear and transparent. You can choose to pay the spread with our spread-only pricing option or access lower spreads with commissions with our core pricing plus commission model.

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Spread-only pricing

With this account type, our commission is wrapped into the spread we offer so the spread is the only cost you pay.

Core Pricing Icon

Core pricing + commission trading

Access a reduced spread relative to our spread-only pricing account. You only pay a fixed commission per trade. The total cost for each trade will be the sum of the applicable core pricing spread plus commission. Our core pricing spreads start from as low as 0.0*, with $50 commissions per 1M.

Core pricing vs spread only

View our core pricing on our most popular FX pairs.

FX pair Spread only Core pricing
AUD/USD 1.4 0.4
EUR/GBP 1.7 0.9
EUR/JPY 1.8 0.7
EUR/USD 1.4 0.4
GBP/JPY 3.1 2.0
GBP/USD 2.0 1.0
NZD/USD 1.7 0.7
USD/CAD 2.2 0.9
USD/CHF 1.8 0.8
USD/JPY 1.4 0.3

See our core pricing rate card for more information.

Pricing Starts With Our Liquidity Pool

Our pricing starts with our liquidity pool

We have no "dark pools" or internal liquidity creating a price for you that someone else can benefit from. Our pricing is exclusively sourced from a global network of premier banks and that's all. We do not selectively pick orders. No one at OANDA has the ability to target your positions, hunt your stops or change your pricing.

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Our technology

We own the quality of our trading system because we've built it. Other trading platforms frequently forward your trades to third parties that may or may not accept your trades. When you trade with OANDA, you know that when the markets are moving your orders are filled.

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Execution firewalls

Our system is fully automated. It was built that way, from the ground up. Commission charges are assessed on the buy and sell sides of a trade. Trade sizes greater or smaller than 100,000 will be charged on a pro-rata basis. Minimum commission of $0.01 USD per trade. Commission charges will be converted to the account home currency using our prevailing rate in effect at the time of the trade.

Other account maintenance charges or financing fees may apply

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Events and spreads

At certain times and in certain market conditions, our spreads could be wider than usual. This includes: opening and closing of markets; major international or geopolitical events which have an impact on the relevant market(s) in other particular circumstances.

Be on top of the latest market events with our MarketPulse section.

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Elite trader program

Join our tiered loyalty program and get cash rebates or commission markdowns from US$5 to US$15 per million when you meet our minimum deposit and/or trading volume requirements.

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.

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Frequently asked questions


What is an inactivity fee?

In the event there are no open trades in your account for a period of at least 24 months (12 months in the United States), a monthly fee of 10 units of the currency in which your account is denominated will be withdrawn (with the exception of accounts denominated in JPY and HKD, which will be charged 1000 JPY and 75 HKD respectively). For example: if your account is in SGD you will be charged 10 SGD, if your account is in USD you will be charged 10 USD, etc.


How long will I be charged an inactivity fee?

Your account will be charged until one of the following conditions are met:

  • You close your account
  • You resume trading in your account
  • The balance of the account is reduced to zero. (An inactive account will not incur a negative balance.)

If I never funded my account, will I be charged an inactivity fee?

No, an account that has not been funded, will not incur a negative balance.


Do I need to trade in each one of my sub-accounts?

No, the inactivity fee is being applied at the user level meaning if you trade in your primary account or any of your sub-accounts you will NOT be charged. Also, the fee will only be taken from one sub-account each month, so you will not be charged multiple fees in any one month.


If I resume trading in my account, will I be credited any inactivity fees?

If you have resumed trading after inactivity fees have been withdrawn, you can request a rebate 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.


What are holding charges?

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.


How are financing charges and credits calculated?

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


Can’t find what you’re looking for?

*0.0 spread is only available on EUR/USD through the core plus commission plan, all other forex pairs have a minimum spread of 0.2 or higher

Globally recognized forex broker

Trade popular cryptos through our user-friendly app, as well as over 70 forex pairs, using a range of trading platforms including OANDA Trade and MT4.

Regulatory, financial and risk compliance

Read about our terms and conditions when you open an account and trade with OANDA.

Our spreads and margins

Our margin rates start from just 2% on EUR/USD and 3% on AUD/USD.