OANDA account types

OANDA account types

OANDA offers 7 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

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.

StandardCore PricingPremium/ProfessionalCorporateJointDemoavailability varies by region

Minimum deposit

$0

Spreads from

0.0 pips

Commission

Approx. $5 per side / $10 round turn on US Core Pricing

Maximum leverage

1:50

Platforms

MetaTrader 4, MetaTrader 5, TradingView, Proprietary platform

Base currencies

USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, SGD and entity-dependent currencies

Available markets

Forex, Metals, Commodities, Indices, Shares, Cryptocurrency CFDs

Minimum trade size

From 1 currency unit on OANDA's proprietary platform

Account opening time

Typically minutes, subject to verification

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as region-dependent. Alternative charges, holding limits or eligibility conditions may apply.

Information last checked 26 August 2026. Account terms may differ by entity and country.