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Withdraw Funds

Sign in to the Funds Management System to withdraw funds.

Customers may withdraw funds from their OANDA account(s) at any time. Funds can be withdrawn up to the value of the balance of your OANDA account, minus the amount of margin used. Whenever you request a withdrawal, there must be sufficient funds remaining in your OANDA account to prevent margin calls on your existing trades.

Note: Credit card withdrawals are subject to credit card company rules that stipulate you may only withdraw up to 125% of the amount you originally deposited into your OANDA account using a credit card.

Funds must be withdrawn by the same method used to deposit money into your OANDA account. For example, if you deposit funds via bank transfer, withdrawals will be sent via bank transfer; if you deposit via credit card, withdrawals will be credited to your credit card; if you deposit via PayPal, withdrawals will be sent via PayPal; if you deposit funds via check, withdrawals will be sent via check.

Withdrawal Fee

The following fee schedule applies to withdrawal requests made via bank transfer / wire and credit card:

   Bank Transfer / Wire Withdrawal Fees
Credit Card
Account First Withdrawal (*Fee)
processed within calendar month
Additional Withdrawals
processed within calendar month
First Withdrawal (*Fee)
processed within calendar month
Additional Withdrawals
processed within calendar month
CAD CAD $20 *Fee + CAD $20 No Fee CAD $15
AUD AUD $20 *Fee + AUD $20 No Fee AUD $20
Swf CHF $20 *Fee + CHF  $20 No Fee CHF $20
EUR EUR €20 *Fee + EUR €15 No Fee EUR €20
GBP GBP £10 *Fee + GBP £10 No Fee GBP £10
HKD HKD $150 *Fee + HKD $150 No Fee HKD $150
JPY JPY  ¥2,000 *Fee + JPY  ¥2,000 No Fee JPY  ¥2,000
SGD SGD $20 *Fee + SGD $20 No Fee SGD $20
USD USD $20 *Fee + USD $15 No Fee USD $15

Check / PayPal (USD accounts only)

No fees are applied for the first withdrawal processed within a calendar month. If more than one withdrawal is processed within a calendar month, a $15.00 fee will be deducted from the withdrawal.

 

Need Help?

If you have any questions on fund transfers, please contact one of our fxTrade account managers today.

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