Inactivity fees with OANDA Corporation

This FAQ contains the following information:

An inactivity fee is a monthly charge that is levied only on your forex accounts if there has been no trading activity for a period of 12 months. The inactivity fee is not applicable to crypto accounts.

The inactivity period begins the moment you make your first deposit in a forex account and will be reset once you have an open position on the account. Thereafter, the inactivity period will be calculated again from the point at which there is no trading activity on your forex account. Please note, inactivity fees will not be charged when there is an open position on your forex account.

If you intend to trade only cryptocurrencies, make sure you transfer all funds to your crypto account. Funds left in forex accounts where no trading occurs will incur an inactivity fee. Crypto trades in your Paxos account do not count toward activity in your OANDA forex accounts.

When inactivity fees are due, they are levied first on the client’s sub-account with the smallest balance and continue to be debited from sub-accounts until a maximum of  $10 USD per client has been debited each month. The amount claimed is converted to each sub-account’s home currency.

Once an account has not had an active/open trade for a period of 365 days, the account will be designated as inactive. Inactivity fees will be applied to inactive accounts on the third last weekday of each month.

Levying of inactivity fees will not result in a negative balance on any of your accounts.

Your account will be charged until one of the following conditions are met:

  • You close your account

  • You resume trading on your account

  • The balance on your account is reduced to zero.

If you have resumed trading after inactivity fees have been levied, you can request a rebate of up to 3 months’ worth of the inactivity fees based on how many months you have been charged. If you would like to deposit funds into your account and continue to trade, please refer to our deposit guide FAQ