What are OANDA's margin rules?

OANDA provides online ‘trading with leverage’ services, meaning that you can enter into positions larger than your account balance and trade without depositing the full value of your position in advance. One of the benefits of trading with leverage is that you could potentially generate large profits relative to the amount . On the other hand, trading with leverage could also result in significant, rapid losses to your capital.

When margin closeout occurs on v20 (and MT4/v20) accounts, all of your open positions will be closed.

If trading is unavailable for certain open positions at the time of the margin closeout, those positions will remain open and OANDA will continue to monitor your account funds in relation to margin requirement.

You are responsible for monitoring your account to prevent margin closeouts.

  • Monitor the status of your account continuously.

  • Specify a stop-loss order for each open position to limit downside risk. You can specify the stop-loss level at the time you open a position or add a stop-loss order at a later time once a position is open. You can also change your stop-loss orders at any time to take current market prices or other conditions into consideration.

    Your position is closed at the prevailing OANDA price, which may vary from your stop loss price, when prices are subject to slippage, for example, when trading resumes after periods of market closure, around news announcements, etc.