Deposit Funds

New Clients

Please ensure you have completed all the steps required to open an FXTrade account before sending any funds to OANDA. In particular, you must send proof of identification to OANDA as the final step in opening an FXTrade account. Until OANDA receives and verifies this information, you are not authorized to deposit funds into your FXTrade account and your deposit may be rejected.

You will receive a confirmation email from OANDA when your account is authorized for funding. Please wait to receive this email, then follow the instructions below to deposit your funds with OANDA.

Existing Clients

Log in to the Cash Management System to let OANDA know you are depositing funds to your FXTrade account. After you fill out the form, you can use one of the following methods to send your funds to OANDA:

Detailed instructions (including OANDA addresses and account information for wiring funds) are provided in the Cash Management System. If you need this information prior to setting up your profile, contact OANDA customer support.

There isno "minimum deposit" required to start trading. You may deposit any amount you wish to start with.

All deposits and withdrawals will be processed in the currency of your FXTrade account. Funds will be returned by the same method and to the same (bank) account where they originally came from.

Please note thatOANDA does not process any third-party payments.

Bank Wire Transfers

Checks and money orders

PayPal

Withdraw Funds

Log in to the Cash Management System to withdraw funds.

Funds may be withdrawn from a Customer's Account at any time, providing that the value of the customer FXTrade account is equal to or greater than the margin requirement.All amounts withdrawn from the FXTrade account will be paid to the customer's account from which the funds were received. OANDA does not process any payments to any third party other than the account holder.
 

Additionally, funds are withdrawn via the same method by which funds were deposited to the FXTrade account. For example, withdrawals for deposits received by check will be made by check, withdrawals for deposits made by wire transfer will be made by wire transfer, and so forth.

 

Multiple Deposit Methods

If the customer used multiple methods for deposits, then OANDA, at its discretion, will choose the method for transferring the withdrawal amount back to the customer. OANDA will do its best to accommodate the wishes of its customers, but may charge the wire transfer bank fee (described below) if funds were deposited by wire transfer, but a PayPal or Check withdrawal is being requested.

Processing Time

Withdrawal requests received by OANDA are processed before the close of the next business day.OANDA notifies you by email when your withdrawal request is processed.

For wire transfers within the US, please allow1-2 business days for the funds to arrive at your bank. For International wire transfers, please allow up to 5 business days for the funds to arrive at your bank.

Withdrawal Fee

Wire: The following bank wire fee schedule applies to withdrawals made by wire.

Bank Wire Fee
AccountFirst Withdrawal (Fee)
processed within calendar month
Additional Withdrawals
processed within calendar month
EURO40
Fee + 15
USDUS wire    $25
International wire    $40
Fee + $15
CADCAD $55
Fee + CAD $20
CHFSwf $50
Fee + Swf 20
GBP 25
Fee + 10
JPY5,000
Fee + 2,000
AUD$50Fee + $20


 

USD Accounts ONLY

Check: No fees are applied for the first withdrawal processed within a calendar month. If more than one withdrawal is processed within a calendar month, a fee of $15.00 will be deducted from the withdrawal.

PayPal: No fees are applied for the first withdrawal processed within a calendar month. If more than one withdrawal is processed within a calendar month, a fee of $15.00 will be deducted from the withdrawal.

If you have any questions on fund transfers, pleasecontact our FXTrade account managers today.