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 Funds can be withdrawn up to the value of the balance of your OANDA account, minus the amount of margin used.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Funds must be withdrawn by the same method used to deposit money into your OANDA account.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 PayPal, withdrawals will be sent via PayPal.

Processing Time

Withdrawal requests received by OANDA are processed before the close of the next business day. OANDA notifies you by email when your withdrawal request is processed.

For local wire transfers and cashiers orders within Singapore, please allow 3-5 business days for the funds to arrive at your bank. For international wire transfers, please allow up to 5 business days for the funds to arrive at your bank.

For electronic transfers (Internet banking — only available for Singapore-based SGD and Hong Kong-based HKD bank accounts), please allow 2 business days for the funds to arrive at your bank.

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

SGD Accounts only

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

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

SGD & HKD Accounts only

Internet Banking: No Fees are applied for the first internet banking withdrawal processed in a calendar month. If more than one withdrawal is processed within a calendar month, a fee of S$ 15 or HK$ 90 (as applicable) will be deducted from the withdrawal.

Need Help?

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