OANDA Japan raises margin requirements for silver
OANDA Securities, the Japanese subsidiary of OANDA Corporation, has announced tighter trading conditions for silver, citing extreme volatility and deteriorating liquidity in the precious metals market as prices swing sharply beyond normal ranges.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
The broker said it will significantly raise margin requirements and impose stricter position limits on XAG/USD trading in order to protect client assets and maintain orderly market conditions. The measures come amid heightened instability in global metals markets, where sharp price moves and widening spreads have increased trading risks.
Higher margin requirements and stricter limits
According to the notice, OANDA Securities will increase the margin rate for XAG/USD from 5% to 20%, effectively reducing maximum leverage to five times. The new margin requirement will take effect from the start of trading on February 2, 2026.
In addition, the company has already lowered trading limits. As of January 29, 2026, the maximum order size per trade for XAG/USD has been cut from 50,000 units (10 lots) to 25,000 units (5 lots). The maximum open position size has been reduced more sharply, from 100,000 units (20 lots) to 25,000 units (5 lots).
OANDA warned that the higher margin rate will increase both maintenance margin requirements for existing positions and required margin for new trades. Clients whose account equity is insufficient at the time the changes take effect may face forced liquidation of positions. The firm urged traders to consider adding funds or reducing expo
Volatility risks and further adju
The broker highlighted persistent risks in the precious metals market, particularly silver, where rapid price fluctuations have led to reduced liquidity and sudden spread widening. OANDA also noted that rising volatility has increased hedging and financing costs with liquidity providers.
As a result, margin rates and financing costs for metals CFDs, including XAG/USD and XAU/USD, may be adjusted further without prior notice if market conditions worsen. The company also warned that new trading in certain metals products, especially silver, could be temporarily suspended to protect client funds.
OANDA Securities is known for its transparent pricing, robust risk management framework, and access to global markets through advanced trading platforms. The latest move underscores the challenges brokers face in balancing market access with client protection during periods of extreme volatility.
As a reminder, we previously reported that OANDA expanded its product portfolio in Singapore by launching contracts for difference (CFDs) on shares of U.S. and European companies.
Latest OANDA News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
