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OANDA account types

Every account type OANDA offers, with the minimum deposit and the terms, as recorded in the database.

Facts last checked . Read the full OANDA review.

Accounts

Minimum deposit
$0
Account types
Standard, Core Pricing, Premium/Professional, Corporate, Joint, Demo, availability varies by region
Account currencies
USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, SGD and entity-dependent currencies
Islamic account
Region-dependent
Demo account
Yes
Professional account
Yes
Minimum trade size
From 1 currency unit on OANDA's proprietary platform
Time to open
Typically minutes, subject to verification

What this means

OANDA runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, SGD and entity-dependent currencies. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is From 1 currency unit on OANDA's proprietary platform. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about OANDA accounts

What account types does OANDA offer?

OANDA offers 7 account types: Standard, Core Pricing, Premium/Professional, Corporate, Joint, Demo, availability varies by region.

What is the minimum deposit at OANDA?

The minimum deposit at OANDA is $0. It can differ by account type and by the entity you register with.

Which base currencies does OANDA support?

OANDA accounts can be held in USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, SGD and entity-dependent currencies. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.

Accounts at brokers under the same regulator

More about OANDA