New minimum trade sizes for Index CFDs

These changes are intended to go live on Friday May 14, 2021 at 5pm ET (after the market closes).

What does this change entail?

At market close on May 14, 2021 - OANDA will be lowering our minimum trade sizes for our Index CFDs from 1 to 0.1. This means that this will change how your MT4 platform operates.

If you are trading on MT4, this means that we have had to change your lot sizes for Index CFDs.

Your margin requirement will remain the same; and the notional of the position will be the same, only the volume displayed within your MT4 platform will change.

Why did we make this change?

Fractional CFDs provide an option for clients with smaller amounts of capital to invest or those that may not be comfortable taking on larger positions.

Where will this change be taking place?

On all of OANDA platforms, including Web Trading, Desktop Trading and Mobile Trading. Clients will now be able to trade CFDs as low as 0.1 units. Previously, this amount was set to a minimum of 1 unit.

Previously on the MT4 platform, when a client opened a CFD trade with a volume of 1 lot, this was equivalent to 100 CFDs. Going forward, as of May 14, 2021 after market close - a volume of 1 lot on the MT4 platform will be equal to 1 CFD.

What will OANDA do to ensure this change won’t negatively impact me

OANDA will make the adjustments to any existing positions and/or pending orders you may have.

Going forward, there is an expectation that clients will understand these changes and adjust their trade volumes accordingly.

Example 1

For example, if you currently have an open position of:

BUY 1 of UK100GBP (which translates to buying 100 CFDs)

At market close on May 14, 2021 - we will change your ticket size to make the position show BUY 100 of UK100GBP.

Example 2

If you currently have an open order of:

BUY 10 of DE30EUR (which translates to an order to buy 1,000 CFDs)

At market close on May 14, 2021 – we will change your order size to make the order show a BUY 1,000 of DE30EUR.

  • Should you trade using Expert Advisors then you should ensure that the above is taken into consideration when it comes to the closing of any open positions.

  • Your margin requirement will remain the same; and the notional of the position will be the same, only the volume (or “lot size/contract size”) within your MT4 platform will change.

  • This will also mean that the MT4 platform will show the same volume that you might see in your OANDA platform

  • It is important to note that these changes will only affect any pending open orders or active positions.. Any historical trades: i.e., those that were closed prior to market close on May 14, 2021 will remain unaltered.