OANDA Welcome Bonus 2026 (Ended 31 October 2026)

OANDA's 2026 bonus promotion pays new clients of OANDA Corporation in the US and OANDA (Canada) Corporation ULC a cash bonus for depositing and trading. There are three tiers, from $250 to $25,000, and the bonus can be withdrawn once it is credited. You must register for the promotion between 1 August and 31 October 2026.

The three tiers

Notional volume is the face value of your trades, counted on both opening and closing. OANDA's example: one standard lot of EUR/USD is worth about $117,000 to open and the same to close, so a round trip counts as about $234,000. Reaching the $25,000 tier with EUR/USD would take about 45 round trips of 10 lots each, and OANDA reminds you that you pay the spread on every one.

The rules

• Register for the promotion first, through OANDA's promotion page, before you fund.
• Within 90 days of registering, deposit the tier amount and keep it in the account for at least 60 days.
• Trade the tier's notional volume in that same 90-day window.
• The bonus is credited 60 days after all requirements are met, then it can be traded or withdrawn.
• One bonus per household; joint accounts and accounts with a power of attorney are excluded.
• Clients who already received an OANDA bonus, or funded before the start date, are not eligible.

A worked example

You register for the promotion in August, deposit $10,000 and keep it in the account. Over the next 90 days you need $10 million of notional volume for the $2,500 tier. At roughly $234,000 per round trip of one EUR/USD lot, that is about 43 round-trip lots, or three to four lots a week over three months. Once both conditions are met, OANDA credits the $2,500 sixty days later.

Timeline at a glance

Is it worth chasing?

At Tier 1 the bonus is 25% of the deposit, but $1 million of notional volume on a $1,000 account means trading far more than a careful trader would. OANDA also treats tiny stop-losses or take-profits used only to rack up volume as abuse. The promotion makes sense only for traders who would trade that volume anyway.

Key terms explained

• Notional value: the full face value of a position. One lot of EUR/USD has a notional value of about $100,000 or more, depending on the rate.
• Trading volume: the value of the positions you trade, not the money in your account. A small account can build large volume with leverage.
• Standard lot: 100,000 units of the base currency. A round turn means opening and closing one lot.
• Spread: the gap between the buy and sell price, and the main cost of a trade on commission-free accounts.

Who this offer suits

OANDA's promotion suits US and Canadian traders who already trade high volume and can keep the deposit in place for at least 60 days. It suits less beginners, for whom the volume needed even at Tier 1 is large.

Mistakes to avoid

Depositing before registering for the promotion is the costliest mistake; the terms require registration first. Withdrawing part of the deposit before 60 days is the next. Using tiny stop-losses or take-profits just to build volume can be treated as abuse.

Before you claim: a quick checklist

• Register through OANDA's promotion page first.
• Deposit the tier amount within 90 days.
• Plan the notional volume over the 90 days.
• Keep the deposit in for 60 days.

Our verdict

OANDA's promotion is generous in headline terms and clear in its rules, but the volume needed is large at every tier and the offer is limited to US and Canadian clients for a short window. It suits existing high-volume traders moving to OANDA, not beginners.

Frequently Asked Questions

How much is the OANDA welcome bonus?

$250, $2,500 or $25,000, depending on whether you deposit $1,000, $10,000 or $50,000 and trade $1 million, $10 million or $100 million in notional volume within 90 days.

Who can get the OANDA bonus?

New clients of OANDA Corporation (US) and OANDA (Canada) Corporation ULC who register between 1 August and 31 October 2026, one per household.

When is the OANDA bonus paid?

60 days after you meet all the requirements. After that you can trade it or withdraw it.

Is the OANDA $1,000 bonus still available?

No. The earlier promotion with $150 and $1,000 tiers ended on 31 March 2025. Tiers in the 2026 promotion are $250, $2,500 and $25,000.

Can existing OANDA clients join the 2026 promotion?

Only those who started an application after 1 January 2026 and hadn't funded or traded before the start date, or clients OANDA invites by email.

Does every currency pair count the same?

No. OANDA counts notional value, which depends on the pair and your account currency, so some pairs need more trades than others.

Can I combine the OANDA bonus with other offers?

No. OANDA's terms describe it as a stand-alone offer that can't be used with any other promotion.

Is the OANDA bonus available in Canada?

Yes, to new clients of OANDA (Canada) Corporation ULC; deposits in CAD earn a bonus in CAD.

Can joint OANDA accounts get the bonus?

No. Joint accounts and accounts with a power of attorney are excluded.

Can I withdraw OANDA's bonus straight away?

Once credited, 60 days after you meet the requirements, OANDA says the bonus can be traded or withdrawn.

Does OANDA's bonus count crypto trades?

OANDA's terms count trades in specified currency pairs for the volume requirement.

How many trades does OANDA's $25,000 tier need?

OANDA's own estimate is about 45 round trips of 10 lots of EUR/USD within 90 days, with the spread paid on every trade. Other pairs may need more or fewer trades.

Does OANDA charge for the volume I trade for the bonus?

Yes. Normal trading costs apply, and OANDA's terms remind you that a spread is charged on every trade. At high volumes those costs can approach the bonus itself.

What happens if I miss OANDA's 90-day window?

The deposit and volume must both be completed within 90 days of registering for the promotion. Miss either and you don't qualify for that tier's bonus.