Account types and leverage with OANDA Europe Limited
Residents of UK, Europe, Middle East and Africa. Prior to 1st November 2018: Latin America and the Caribbean.
| Type | Deposit | Funding methods | Financial products |
Leverage The use of borrowed capital to open positions larger than what the actual capital permits.
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HedgingThe practice of holding simultaneous long and short positions in the same instrument.
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Notes |
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| Personal (if you qualify, you can upgrade to professional status) | No minimum deposit | Credit cards, debit cards, PayPal, internet banking via faster payment, BACs or internet banking via BACS, CHAPS wire transfer, Swift wire transfer, SEPA credit transfer | FX, indices, bonds and commodity CFDs. See current live spreads on our website |
Up to 30:1. See the full list of leverage available for all of our financial instruments |
Yes | Open an account |
| Professional | No minimum deposit | Credit cards, debit cards, PayPal, internet banking via faster payment, BACs or internet banking via BACS, CHAPS wire transfer, Swift wire transfer, SEPA credit transfer | FX, indices, bonds and commodity CFDs. See current live spreads on our website |
Up to 100:1. See the full list of leverage available for all of our financial instruments |
Yes | Email proenquiries@oanda.com |
| Joint account (if you qualify, you can upgrade to professional status) | No minimum deposit | Credit cards, debit cards, PayPal, internet banking via faster payment, BACs or internet banking via BACS, CHAPS wire transfer, Swift wire transfer, SEPA credit transfer | FX, indices, bonds and commodity CFDs. See current live spreads on our website |
Up to 30:1. See the full list of leverage available for all of our financial instruments |
Yes | More information about joint accounts |
| Corporate entity (if you qualify, you can upgrade to professional status) | No minimum deposit | Credit cards, debit cards, PayPal, internet banking via faster payment, BACs or internet banking via BACS, CHAPS wire transfer, Swift wire transfer, SEPA credit transfer | FX, indices, bonds and commodity CFDs. See current live spreads on our website |
Up to 30:1. See the full list of leverage available for all of our financial instruments |
Yes | Open an account |