How to deposit funds: OANDA (Canada) Corporation
Using the HUB
1. OANDA live account users can log in to the HUB . Next, go to the Dashboard and click on Deposit . Alternatively, you can go to Accounts and click on DEPOSIT next to any account.
2. On the DEPOSIT tab, select the trading account you want to deposit to and click on CONTINUE .
3. Select the payment method. Depending on the payment method you select , you will be presented with different options.
- For wire transfers, you may select an existing verified bank account, print the on-screen instructions and take it to your bank to initiate the wire transfer. You may also add a new bank account and initiate a wire transfer.
- For PayPal transfers (CAD accounts only), you may enter your deposit amount and click on PayPal to complete the process.
- For debit cards, you may enter your deposit amount, select a debit card and complete the process with a confirmation.
Note the on-screen information for Deposit Limit. Your deposit limit is determined by factors such as the financial information you provided to us at the time of registration or during your most recent PIU (personal information update). The deposit limit indicates the maximum net amount across all your accounts.
- Your deposit limit, along with your total deposits and withdrawals since registration or since the last PIU, determines your deposit allowance. Deposit allowance is how much more you can deposit.
- For example, you registered with us and you have not done any PIU update since. Your deposit limit is $1000. Your total deposit since registration is $500. Your total withdrawal since registration is $200. Your deposit allowance would be $1000 - ($500 - $200) = $700.
- If your financial information has changed, you are encouraged to do a PIU update. Such an update can potentially increase your deposit limit.
Using the OANDA mobile app
1. Take one of the following steps:
- Go to More and click on Add Funds or
- Go to the profile icon in the top bar, select the sub-account you want to transfer funds to and then click on Add Funds.
2. You will be prompted to continue the process on a web browser. Click on Continue .
3. You will be taken to the Manage Funds page within the HUB. Follow the steps shown in the Using the HUB section.
Still have questions? Chat with an agent.