From now, in most instances, traders should not need to provide verification documents when they deposit up to US$9,000 (or USD equivalent).

OANDA’s new rule applies to all 3 types of accounts; Standard, Core and Swap-free.

Traders can deposit, trade and withdraw using many payment methods including bank transfers, Neteller and Skrill.

All of that without sending any documents.

OANDA believes this change will have a strong impact on your conversion.

Without the need to send documentation, you should be able to gain more interest and earn more commission.

Full account verification needed before traders can deposit over US$9,000.

Please check OANDA’s Official Website for more details.