How to submit the tax declaration for trading U.S. Share CFDs? (OANDA Global Markets)

1. Log in to the OANDA Portal

2. You will notice a message to gain access to the U.S. Share CFDs trading. Click on Start form .

3. You will be prompted to log in again.

4. Confirm your intent and continue.

5. Select Individual .

6. Confirm if you are a citizen or resident of the United States. Click on Continue .

7. Depending on your response, a relevant tax declaration will be shown to you. Individuals who are citizens or residents of the United States must complete the W-9 form. Individuals who are not citizens or residents of the United States must complete W-8ECI or W-8BEN, depending on their individual circumstances. Read the instructions carefully. If you think the shown tax declaration is not relevant to you, you can click on Back and review your previous responses.

8. Depending on the type of tax form, you will be required to review details such as name and address.

  • Most of these sections will be pre-populated with the details provided by you at the time of opening the OANDA account. If you would like to edit these details, please contact our customer service team .
  • This form accepts only latin characters. If the pre-populated personal details contain non-latin characters, you won’t be able to continue. Contact our customer service team and see if we can update our records with any equivalents in latin characters.

9. Next, depending on the type of form, you may be required to enter more information such as the treaty country. The United States has entered into various bilateral income tax treaties in order to avoid double taxation. Please consult with your tax advisor if you have any questions concerning this part.

10. Click on Submit .

We will review your documents and send you an email when the account is approved for trading U.S. Share CFDs. The processing time varies. On average, it will take up to two business days from the time you submit your tax declaration. If we require additional information, we will connect with you and the processing may take longer.

When approved, you must create a new MT5 sub-account to start trading U.S Share CFDs. U.S Share CFDs won’t be available on any sub-account created prior to the approval date.

If you abandon the process before submitting the form, you can access your incomplete form any time by clicking on the U.S. Share CFDs banner on the front page of the OANDA Portal.

If you believe that you submitted an incorrect tax declaration, you can submit a new declaration. Contact our customer support team .

A change in personal details, such as name, address, tax residence or tax status, invalidates any previously submitted tax declaration. Accordingly, the status of U.S. Share CFDs in your MT5 account will be changed to close-only and any new orders to enter the market will be rejected. You must submit a new tax declaration to start trading again. If you do not submit a new tax declaration within 25 days, your U.S. Share CFD positions will be automatically closed.

To submit a new tax declaration, contact our customer support team .

The tax declaration is valid up to 31st December of the third calendar year after you submit the valid declaration. We will remind you to submit a new declaration before the expiry.

If you would like to stop trading U.S. Share CFDs and cancel your tax declaration, contact our customer service team .

Still have questions? Chat with an agent.