Deposit funds with OANDA Europe

Below is a breakdown of the various ways you can fund your fxTrade account. To deposit funds, log in to your My Funds account and click the 'Deposit' button.


CREDIT CARDS

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month. Up to 50,000 units if your bank supports Verified by Visa or MasterCard Secure Code.
Immediate
None
Your Credit card provider may charge you a transaction fee and international processing fee. Please check with your credit card provider to determine the charges. 

DEBIT CARDS (BACKED BY VISA OR MASTERCARD)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
10,000 units of currency (or 1,000,000 JPY or 100,000 HKD) per calendar month. Up to 50,000 units if your bank supports Verified by Visa or MasterCard Secure Code.
Immediate
None
Your bank may charge you a service fee. 

PAYPAL (GBP, USD and EUR)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
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.
For UK residents a service fee of £0.35 per transfer plus 1.4% of the total amount transferred (or lower, depending on your location) will be deducted from your margin deposit

For non-UK European residents a service fee of £0.30 per transfer plus 3.20% of the total amount transferred (or lower, depending on your location) will be deducted from your deposit
Your name and email address on your PayPal account must match that on your OANDA fxTrade account. 

INTERNET BANKING VIA FASTER PAYMENTS (ONLY GBP DEPOSITS)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
No limit. However, your bank may impose a limit of £10,000 per transaction.
1-2 business days
Your bank may charge you a fee
Your bank may charge a service fee. Also 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)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
2-3 business days 
Your bank may charge you a fee
Your bank may charge a service fee.

CHAPS WIRE TRANSFER (ONLY GBP DEPOSITS)

Minimum deposit
Maximum deposit
Average Processing time
Fees
Notes
None
None
1-2 business days
Your bank may charge you a fee
Complete wire transfer instructions are provided when you login to the My Funds section of your account. Your bank may charge a service fee.

SWIFT WIRE TRANSFER

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
3-5 business days
Your bank may charge you a fee
Complete wire transfer instructions are provided when you login to the My Funds section of your account. Your bank may charge a service fee.

SEPA Credit Transfer (SCT) (Only EUR Deposit)

Minimum deposit
Maximum deposit
Average processing time
Fees
Notes
None
None
3-5 business days
Your bank may charge you a fee
Complete wire transfer instructions are provided when you login to the My Funds section of your account. Your bank may charge a service fee.

Notes:

  • OANDA cannot accept payments from third parties. Please ensure that the name on the account from which the funds are originating matches that 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 and in the same currency that you used to deposit them.
  • OANDA does not charge any fees for deposits made by credit card, debit card, and bank transfers (i.e. wire, BACS, CHAPS, or Internet Banking / Faster Payments). PayPal levies a charge depending on your location.
  • Deposit limits will reset on the first of every calendar month at GMT 00:00 hours.
  • Please note that OANDA Europe Ltd does not make cross-border withdrawals. Funds arriving by wire from one country will need to be returned to source in that same country.  

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