What account can I open?
You can open a personal account. You cannot open a joint account.
- By default all accounts are Standard accounts with a spread-only pricing.
- If you meet our acceptance criteria, you can upgrade any Standard account to a Premium or Premium Plus account.
- To change your account type, contact your relationship manager or our Customer Experience team, or email OGM_RM@oanda.com.
What is the minimum deposit requirement?
For the Standard account, no initial deposit is required.
For the Premium account, you must meet the following criteria:
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Deposit USD 10,000 or meet USD 10 million notional trading volume per mont
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Maintain a trading volume of > USD 30 million notional per calendar quarter.
For the Premium Plus account, you must meet the following criteria:
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Meet USD 50 million notional trading volume per month
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Maintain a trading volume of > USD 200 million notional per calendar quarter.
Which funding methods are available?
For the available funding methods, refer to this topic.
Is hedging available?
Yes, your trading account has hedging functionality.