I'm curious about OANDA's business model. How does this company generate revenue? What are the main sources of income for OANDA? I want to understand how it makes money.
7 answers
SkylitEnchantment
Tue Oct 15 2024
OANDA, a prominent financial services provider, imposes various fees on its clients beyond the standard transaction costs.
KimonoElegantGlitter
Mon Oct 14 2024
For clients utilizing debit cards for withdrawals, OANDA imposes fees, particularly if multiple such withdrawals occur within the same month. This policy helps manage the overhead costs associated with frequent card transactions.
Andrea
Mon Oct 14 2024
One of these fees is a monthly inactivity charge, designed to encourage account activity and maintain the platform's operational efficiency.
Stefano
Mon Oct 14 2024
These fee structures ensure that OANDA can continue to offer reliable and secure financial services to its diverse clientele.
HallyuHero
Mon Oct 14 2024
Additionally, OANDA levies fees for deposits and withdrawals, reflecting the costs associated with processing these transactions.