I have an account with OANDA and I'm wondering if they charge any fees for inactivity. I haven't been trading much recently and I'm concerned that I might be charged a penalty or an additional fee if I don't make any trades for a certain period of time.
6 answers
GyeongjuGlorious
Tue Oct 15 2024
OANDA, a reputable financial institution, imposes an inactivity fee on certain client accounts.
Ilaria
Tue Oct 15 2024
This fee is specifically levied on accounts that have remained inactive for a period of 12 consecutive months.
CryptoPioneerGuard
Mon Oct 14 2024
The amount of the inactivity fee is set at $10 per month, which is charged to encourage account holders to maintain some level of activity within their accounts.
Riccardo
Mon Oct 14 2024
It's essential for clients to keep track of their account activity to avoid incurring this charge.
AltcoinExplorer
Mon Oct 14 2024
OANDA's decision to implement such a fee is aimed at managing resources efficiently and ensuring that its services are accessible to active traders.