Deposit Funds with OANDA

 

Select the OANDA division which you are registered :


Our deposit options vary based on the OANDA division with which you hold your account. Please see the relevant section below for more details.


United States

You can fund your fxTrade account using any of the following payment methods. To deposit funds, sign in to My Funds and click the Deposit button.

Method

Deposit limits

Usual time for funds to be credited to account

Possible costs

Notes


Debit card (backed by MasterCard or Visa)

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your bank may charge a service fee.

 


Bank wire transfer

No limit.

1-3 business days for domestic wire transfers (in USD). Up to 5 business days for international wire transfers.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete, custom wire instructions are provided when you sign in to My Funds and complete all the deposit-related steps. Please note that the instructions vary by currency. For more information, go to this page.


Checks (USD accounts only)

No limit.

Up to 7 business days upon receipt (includes time for the check to clear).

No fees.

Checks must be drawn from a U.S. bank and be in USD. (Avoid NSF checks).


Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
  • For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account.

 


Canada

You can fund your fxTrade account using any of the following payment methods. To deposit funds, sign in to My Funds and click the Deposit button.

Method

Deposit limits

Usual time for funds to be credited to account

Possible costs

Notes


Credit card

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your credit card issuer may apply charges, typically up to 3%, on credit card deposits or withdrawals, including international processing fees. Credit card transactions may be processed in a foreign country. Please check with your credit card issuer to determine if charges apply.

 


Debit card (backed by MasterCard or Visa)

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your bank may charge a service fee.

 


Bank wire transfer

No limit.

1-3 business days for domestic wire transfers (in CAD). Up to 5 business days for international wire transfers.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete, custom wire instructions are provided when you sign in to My Funds and complete all the deposit-related steps. Please note that the instructions vary by currency. For more information, go to this page.


PayPal (CAD accounts only)

No limit for Verified PayPal accounts. Up to $100 CAD in total from Unverified PayPal accounts.

Up to 1 business day. eCheques will take 1 business day after being cleared by PayPal.

A service fee of $0.30 plus a percentage (2.5% for payments within Canada or the U.S., 3.9% for other payments) of the total amount transferred is deducted from your margin deposit for each transfer. For eCheck payments the service charge is capped at $300.

Your PayPal name and/or email address must match your OANDA account records. (For entity accounts, both name and email must match.)


Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
  • For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account.
  • PayPal accounts based in certain countries can only be used to send funds. Please do not use PayPal for deposits if you cannot receive funds on your PayPal account.

 


Europe

Funding methods (UK clients)

You can fund your fxTrade account using any of the following payment methods. To deposit funds, sign in to My Funds and click the Deposit button.

Method

Deposit limits

Usual time for funds to be credited to account

Possible costs

Notes


Credit card

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your credit card issuer may apply charges, typically up to 3%, on credit card deposits or withdrawals, including international processing fees. Credit card transactions may be processed in a foreign country. Please check with your credit card issuer to determine if charges apply.

 


Debit card (backed by MasterCard or Visa)

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your bank may charge a service fee.

 


PayPal (GBP, USD and EUR)

No limit for Verified PayPal accounts. Up to $100 in total from Unverified PayPal accounts.

Up to 1 business day. eCheques will take 1 business day after being cleared by PayPal.

A service fee of £0.20 per transfer plus 1.9% of the total amount transferred (or lower, depending on your location) will be deducted from your margin deposit.

When depositing with PayPal, your PayPal name and/or email address must match your OANDA account records for a PayPal deposit to be processed. (For entity accounts, both name and email must match.)


Internet banking via Faster Payments (only GBP deposits)

No limit. However, your bank may impose a limit of £10,000 per transaction.

1-2 business days.

Your bank may charge a service fee.

Be sure to add your OANDA account number in the reference field to ensure quick processing.


BACS or Internet banking via BACS (only GBP deposits)

No limit.

2-3 business days.

Your bank may charge a service fee.

 


CHAPS Wire transfer (only GBP deposits)

No limit.

1-2 business days.

Your bank may charge a service fee.

Complete, custom wire instructions are provided when you sign in to My Funds and complete all the deposit-related steps. Please note that the instructions vary by currency. For more information, go to this page.


SWIFT Wire transfer

No limit.

3-5 business days.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete, custom wire instructions are provided when you sign in to My Funds and complete all the deposit-related steps. Please note that the instructions vary by currency. For more information, go to this page.


Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
  • For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. 
  • OANDA does not charge any fees for incoming deposits made by credit card, debit card, and bank transfers (i.e. wire, BACS, CHAPS, or Internet Banking / Faster Payments). PayPal charge may or may not apply depending on your location.

 


Funding methods (non-UK clients)

You can fund your fxTrade account using any of the following payment methods. To deposit funds, sign in to My Funds and click the Deposit button.

Method

Deposit limits

Usual time for funds to be credited to account

Possible costs*

Notes


Credit card

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your credit card issuer may apply charges, typically up to 3%, on credit card deposits or withdrawals, including international processing fees. Credit card transactions may be processed in a foreign country. Please check with your credit card issuer to determine if charges apply.

 


Debit card (backed by MasterCard or Visa)

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your bank may charge a service fee.

 


PayPal (GBP, USD and EUR)

No limit for Verified PayPal accounts.
Up to $100 in total from Unverified PayPal accounts.

Up to 1 business day. eCheques will take 1 business day after being cleared by PayPal.

A service fee of £0.20 per transfer plus 1.4% of the total amount transferred (or lower, depending on your location) will be deducted from your margin deposit.

When depositing with PayPal, your PayPal name and/or email address must match your OANDA account records for a PayPal deposit to be processed. (For entity accounts, both name and email must match.)


SWIFT (Wire transfer)

No limit.

3-5 business days.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete wire instructions are available when you sign in to your account and click the Deposit link from the My Account page.


SEPA Credit Transfer (SCT) (only EUR deposit)

No limit.

3-5 business days.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete wire instructions are available when you sign in to your account and click the Deposit link from the My Account page.


Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
  • For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. If deposits are intended for use with  fxGlobalTransfer, please ensure that your funds are sent to OANDA via bank transfer (i.e. wire, SEPA, or Internet Banking / Faster Payments).
  • OANDA does not charge any fees for incoming deposits made by credit card, debit card, and bank transfers (i.e. wire, SEPA, or Internet Banking / Faster Payments). PayPal charge may or may not apply depending on your location.

 


Asia Pacific

You can fund your fxTrade account using any of the following payment methods. To deposit funds, sign in to My Funds and click the Deposit button.

Method

Deposit limits

Usual time for funds to be credited to account

Possible costs

Notes


Credit card

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your credit card issuer may apply charges, typically up to 3%, on credit card deposits or withdrawals, including international processing fees. Credit card transactions may be processed in a foreign country. Please check with your credit card issuer to determine if charges apply.

 


Debit card (backed by MasterCard or Visa)

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your bank may charge a service fee.

 


DBS Pay Bills

No limit.

1-2 business days.

No fees.

Provide your OANDA fxTrade account number as Bill Reference


Internet banking transfer

No limit.

1-3 business days.

Your bank may charge a service fee.

Internet funds transfers require a screen shot. See below for examples for Internet banking transfer requirements.


Bank wire transfer

No limit.

1-3 business days for local wire transfers. Up to 5 business days for international wire transfers.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete, custom wire instructions are provided when you sign in to My Funds and complete all the deposit-related steps. Please note that the instructions vary by currency. For more information, go to this page.


China Post International Money Transfer

No limit.

Up to 5 business days.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

 


PayPal (SGD accounts only)

No limit for Verified PayPal accounts. Up to $100 SGD in total from Unverified PayPal accounts.

Up to 1 business day.

A service fee of SGD $0.50 plus 1.8% of the total amount transferred will be deducted from your margin deposit. If you send us funds from a non-SGD PayPal account, PayPal will convert your funds at their own exchange rate.

Your PayPal name and/or email address must match your OANDA account records. (For entity accounts, both name and email must match.)


Cheques (SGD accounts only)

No limit.

Up to 5 business days.

No fees.

Cheques must be drawn from a Singapore bank and be in SGD. (Avoid NSF cheques).


China UnionPay

Minimum deposit of USD20 Maximum deposit of USD9,000

Up to 3 working days

No fees

Please check the deposit guidelines issued by your bank or visit the China Union Pay website for more information.


Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
  • For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. 
  • PayPal accounts based in certain countries can only be used to send funds. Please do not use PayPal for deposits if you cannot receive funds on your PayPal account. Paypal will charge an additional 1% cross border fee for individuals who do not reside in Singapore.

 

Internet Banking Transfers (SGD and HKD only)

If you have a Singapore-based bank account in SGD or Hong Kong-based bank account in HKD, and want to send your funds via Internet banking, please make sure that you additionally send us a screenshot of the funds transferred. This is required so that when a withdrawal request is made, we know which bank to return the funds to. Please send the screenshot to frontdesk@oanda.com.

Click on the image below to see detailed instructions:


Australia

 

Method

Deposit limits

Usual time for funds to be credited to account

Possible costs

Notes


Credit card

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your credit card issuer may apply charges, typically up to 3%, on credit card deposits or withdrawals, including international processing fees. Credit card transactions may be processed in a foreign country. Please check with your credit card issuer to determine if charges apply.

 


Debit card (backed by MasterCard or Visa)

10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month.

Immediate.

Your bank may charge a service fee.

 


Internet banking transfer

No limit.

1-3 business days.

Your bank may charge a service fee.

 


Bank wire transfer

No limit.

1-3 business days for local wire transfers. Up to 5 business days for international wire transfers.

Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.

Complete, custom wire instructions are provided when you sign in to My Funds and complete all the deposit-related steps. Please note that the instructions vary by currency. For more information, go to this page.


PayPal

No limit for Verified PayPal accounts. Up to $100 in total from Unverified PayPal accounts.

Up to 1 business day.

A service fee of $0.30 plus 2.6% of the total amount transferred will be deducted from your margin deposit. If you send us funds from a PayPal account, PayPal will convert your funds at their own exchange rate.

Your PayPal name and/or email address must match your OANDA account records. (For entity accounts, both name and email must match.)


Bpay

Single transaction limit of AUD150,000

1-3 business days.

Your bank may charge a service fee.

Bpay details will provided upon request


China UnionPay

Minimum deposit of USD20 Maximum deposit of USD9,000

Up to 3 working days

No fees

Please check the deposit guidelines issued by your bank or visit the China Union Pay website for more information.


Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. 
  • For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. 
  • PayPal accounts based in certain countries can only be used to send funds. Please do not use PayPal for deposits if you cannot receive funds on your PayPal account.
  • Under this agreement, the payment processing services for goods and/or services purchased on this website are provided by OANDA Europe Ltd. on behalf of OANDA Australia Ltd. Pty. or by OANDA Australia Ltd. Pty., depending on the type of payment method used for the purchase of the goods and/or services. In the event you choose to pay with credit card and the payment will be processed via a European Acquirer, these terms are an agreement between you and OANDA Europe Ltd. For any other type of purchases, these terms are an agreement between you and OANDA Australia Ltd. Pty. and goods and/or services will be delivered by OANDA Australia Ltd. Pty directly

 

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