OANDA Minimum Deposit Guide

OANDA Minimum Deposit

There is no minimum deposit required to open an account with Oanda. You can start trading with as little or as much as you feel comfortable with.

IG Minimum Deposit vs Other Brokers

Oanda compares favourably against other brokers in the market, who often have high down payment requirements before you can start trading. The ability to trade with an amount that you feel comfortable with makes it a great choice for new and aspiring traders:

OANDA Deposit Fees

Oanda does not charge any minimum deposit fees. However, you may be charged a fee by your payment provider so it is a good idea to check before making a deposit.

• Credit Cards – Transaction fee & international processing fee
• Debit Cards – Service fee
• PayPal – Service fee plus percentage of total amount deposited
• Bank Transfer (BACS) – Service fee. Intermediary banks may also deduct fees

OANDA Deposit Methods

Oanda offers several deposit methods including:

• Credit/Debit Card
• PayPal
• Bank Wire Transfer (BACS, CHAPS, SEPA)

Unfortunately, at present, you're unable to make a deposit using electronic wallets such as Neteller and Skrill. Deposits made via credit/debit card and PayPal will take one business day to appear in your account. Deposit time by wire transfer varies depending on the processing time of your bank.