Deposit of Margin Funds

Step 1. Instruct your bank to transfer funds for your account

Step 2. Complete the FXTrade Wire Transfer Form:

Once your bank has processed your wire transfer request, please complete FXTrade Wire Transfer Form to let us know funds are arriving under your name and for your FXTrade account. Please note: if this form is not completed, your wire transfer deposit may take up to 3 weeks to be processed.

OANDA Service Charge:$0.

Bank Service Charge: this varies depending on the number of intermediary banks involved in the transfer and is outside of OANDA's control. For example, if you do not take care of the service charges when wiring the funds, the receiving bank may deduct a service charge directly from the incoming funds. This is a bank service charge and is not applied by OANDA.

Processing Time: Typically, wire transfers within the US take between 1-2 business days to be posted to OANDA's account. International wire transfers take longer; between 2-5 business days, depending on the number of intermediary banks involved.

Once the funds have been posted to OANDA's account, they will be credited to your FXTrade account within one business day (provided there are no pending issues with your FXTrade account).

USD accounts only

Checks drawn from a U.S. bank may be used for margin deposits. The funds for all checks have to be in U.S. Dollars. International checks (checks drawn from a non-U.S. bank) are currently not accepted.

Please send checks and money orders directly to:

Special Notes: Corporation". The check must be payable to: "OANDA Corporation". Please include your username and account number on the front of the check.

OANDA Service Charge:$0.

Bank Service Charge:$0.

NSF or Returned checks: If your deposit check is returned, your account will be suspended and all positions closed. You will also be charged an additional fee of $20.00 which will be deducted from your trading account. International checks are returned without processing.

Processing Time: Checks will take up to 2 business days to be processed upon receipt at our processing center. OANDA will send you notification via email when your check is processed. Please note that personal checks may take an additional 5 business days to clear, as they must clear both the client's side and OANDA's. Personal checks being held for clearing will not earn interest.

USD accounts only

You may transfer funds in USD only to your FXTrade account held in USD using PayPal. Just click on the PayPal Payments button below and follow the steps to transfer funds to your account. Please be sure to include your FXTrade username and account number in the Special Instructions of PayPal payment.

Service charge US PayPal account holders: A service fee of $0.30 per transfer plus 2.9% of the total amount transferred will be deducted from your margin deposit. International (Non-US) PayPal account holders: A service fee of $0.30 per transfer plus 3.9% of the total amount transferred will be deducted from your margin deposit. For eCheck payments the service charge is capped at $5.00.

Processing Time: PayPal payments are processed within one business day. Funds sent via eChecks are processed within one business day after the eCheck is cleared by PayPal.

Verified vs Unverified: Please note that OANDA can only accept up to $100 in total from Unverified PayPal accounts. If you wish to send funds in excess of $100, please verify your PayPal account before sending your payment.

Please send the funds after logging into your PayPal account. Funds sent without logging in to the PayPal account will not be processed.

PayPal accounts based in certain countries can only be used to send funds. Please do not use PayPal for funding if you cannot receive funds on your PayPal account. Please use other methods instead, such as a wire or a check/money order.