OANDA Welcome Bonus: Up to $1,000

Promotion: Welcome Bonus Regulated: NFA / CFTC (USA)

Tier One: $150 | Deposit $300+ Tier Two: $1,000 | Deposit $10,000+

Bonus: Withdrawable After 60 Days One Bonus Per Household

OANDA is the number one US broker for active forex accounts based on published RFED data from 2023, and the Welcome Bonus is one of the few regulated cash bonuses currently available to traders in the United States. New account holders who opt in, deposit the qualifying amount, and hit the required notional trading volume can collect either $150 or $1,000 in real, withdrawable cash credited to their account 60 days after the conditions are met.

The promotion ran from November 1, 2024 to March 31, 2025, and was available through OANDA’s partnership with TraderNick. FXRecap verified all figures and conditions directly against OANDA’s official promotion page before publication. Traders who registered and opted in within that window are the only ones eligible for this specific offer. New OANDA promotions may follow, so check oanda.com for any current offers.

FXRecap Note: This promotion has a defined end date of March 31, 2025. If you are reading this after that date, the offer described here has closed. Visit oanda.com to confirm whether a current welcome promotion is active. All terms below reflect the 2024 to 2025 offer as published.

OANDA: Regulation and US Market Position

OANDA Corporation is one of the most regulated retail forex brokers operating in the United States, holding registration with both the National Futures Association (NFA) and operating under oversight of the Commodity Futures Trading Commission (CFTC). OANDA has been active since 1996, making it one of the longest-running forex brokers globally.

OANDA offers trading on forex, cryptocurrencies, and CFDs across its proprietary OANDA Mobile and Web platforms, as well as MetaTrader 4 and TradingView. The broker does not offer SIPC protection on forex accounts, as is standard for all CFTC-regulated forex brokers. Leveraged forex trading carries high risk and losses can exceed the initial investment.

FXRecap Note: OANDA Corporation is NFA-registered and CFTC-regulated, representing one of the highest regulatory standards available for a US retail forex broker. Unlike many offshore bonus promotions, this offer operates under US regulatory oversight. All trades and account operations are subject to NFA and CFTC rules.

Welcome Bonus: Full Terms at a Glance

The promotion runs across two tiers. Both require an opt-in before depositing, and the deposit must be maintained for a further 30 days after both the deposit and trading volume conditions are satisfied.

Term	Details
Promotion Period	November 1, 2024 at 9am EDT to March 31, 2025 at 5pm EDT
Eligibility	New account holders who registered after November 1, 2024 and had not yet made a deposit
Opt-In Requirement	Opt-in must be completed before depositing. Cannot be applied retroactively.
Tier One Deposit	$300 to $9,999.99
Tier One Trade Volume	$100,000 notional trade volume
Tier One Bonus	$150
Tier Two Deposit	$10,000 or more
Tier Two Trade Volume	$5,000,000 notional trade volume
Tier Two Bonus	$1,000
Deposit Hold Requirement	Deposit must remain in the account for 30 days after both deposit and volume conditions are met
Bonus Payout Timeline	Credited to account within 60 days of meeting all requirements
Bonus Withdrawability	Fully withdrawable after the 60-day credit window
Household Limit	One bonus per household, regardless of the number of accounts
Platforms Available	OANDA Mobile, OANDA Web, MetaTrader 4, TradingView
Account Currency	USD

Bonus Tiers: Deposit, Volume, and Reward

Both tiers require opt-in at the point of signup. The notional volume requirement for Tier Two is 50 times higher than Tier One, reflecting the 6.5x difference in bonus payout.

Tier	Deposit Required	Min. Notional Trade Volume	Welcome Bonus
Tier One	$300 to $9,999.99	$100,000 notional volume	$150
Tier Two	$10,000 or more	$5,000,000 notional volume	$1,000

The Tier Two volume requirement of $5,000,000 notional sounds large, but in forex terms it translates to roughly 50 standard lots on major pairs at current prices. An active forex trader placing 5 to 10 standard lots per day can reach this target within two to three weeks of consistent trading. The $1,000 bonus represents a 10% return on the minimum $10,000 deposit, which is a meaningful cash rebate for traders already planning to fund at that level.

How to Claim the Bonus: Step by Step

The opt-in must happen before the first deposit. Depositing without completing the opt-in form removes eligibility, and retroactive opt-ins are not accepted.

1	Complete the opt-in form on the OANDA welcome bonus page (or via the TraderNick partnership link). Provide your name, email, and phone number. Confirm that you have reviewed and agreed to the promotion terms and conditions. The opt-in must be submitted before your first deposit is made.
2	Open a new OANDA account if you have not already done so. The account must have been opened after November 1, 2024, and you must not have made any prior deposit. Accounts registered before November 1, 2024, or accounts that already had a deposit on record do not qualify.
3	Make your qualifying deposit. For Tier One, deposit between $300 and $9,999.99. For Tier Two, deposit $10,000 or more. The deposit must be made via an accepted payment method and confirmed in your account before trading begins.
4	Begin trading forex on any of the OANDA platforms: OANDA Mobile, OANDA Web, MetaTrader 4, or TradingView. For Tier One, reach $100,000 in notional trade volume. For Tier Two, reach $5,000,000 in notional volume. All volume counts from the point of your first qualifying deposit.
5	Once both the deposit and volume requirements are met, keep the full deposit amount in your account for a continuous 30-day period. After that 30-day hold is completed, OANDA credits the bonus to your account within 60 days. The bonus is fully withdrawable once it appears in your balance.

What to Know Before You Opt In

Opt-in before depositing is mandatory. The entire eligibility chain starts with the opt-in form. Depositing first and then attempting to opt in afterwards removes you from eligibility completely. The sequence is: opt in, open account, deposit, trade to volume target, hold deposit for 30 days, receive bonus.

One bonus per household, not per account. OANDA limits this promotion to one reward per household address. Multiple accounts at the same residential address all share a single bonus entitlement. Traders in shared households should coordinate before opting in to avoid one person’s claim blocking another’s.

The deposit must stay in the account for 30 days after both conditions are met. This 30-day hold period starts only after both the deposit amount and the notional volume target have been satisfied, not from the initial deposit date. Withdrawing any part of the qualifying deposit before the 30-day hold completes likely voids the bonus. Review the full terms at oanda.com for the exact withdrawal policy during this window.

Notional volume is not the same as your deposited capital at risk. A $100 forex trade on a 100:1 leverage account generates $10,000 in notional volume. The volume requirements measure the face value of your trades, not the margin used. This is standard forex volume measurement and means the targets are more accessible than the headline numbers suggest.

The promotion window closed March 31, 2025. This specific offer is no longer accepting new sign-ups. The terms published here reflect the 2024 to 2025 promotion as verified by FXRecap. Check oanda.com for any current or upcoming offers available to new clients.