Which account types are available?
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?
You may use a credit card, debit card, bank wire transfer, Neteller, Skrill or alternative payment methods. For more information, refer to our deposit guide.
Which financial products are available?
All account types have 300+ products available for trading. See full list of applicable products and live spreads .
What is the applicable leverage?
See our Margin Rates and Leverage Ratios page for margin rates and leverage ratios for each of our instruments.
Is hedging available?
Yes, your trading account has hedging functionality.