What are the available account types and their leverage options?
Which account types are available?
You can open a personal, joint or business account.
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For joint accounts, contact accountid-ca@oanda.com.
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If you are eligible for the Advanced Trader Program, you can sign up and avail spread reduction from 0.1 point to 0.3 points.
What is the minimum deposit requirement?
There is no minimum deposit requirement for personal, joint or business accounts. The Advanced Trader Program has a minimum deposit or trading volume requirement depending on the tier.
Which funding methods are available?
All accounts can use a debit card or bank wire transfer. Additionally, personal and joint accounts can use PayPal (CAD accounts only).
Which financial products are available?
See the full list of applicable products and live spreads . You can also check historical spreads .
What is the applicable leverage?
Up to 50:1 leverage is applicable. See the leverage available for all of our financial instruments
Is hedging available?
HedgingThe practice of holding simultaneous long and short positions in the same instrument. can be enabled on any sub-account.
