Does Oanda charge an inactivity fee for cryptocurrency trades?

3 answers

• Krzysztof BieleckiFeb 02, 2024 · a year ago
  Yes, Oanda does charge an inactivity fee for cryptocurrency trades. If you do not make any trades on your Oanda account for a certain period of time, typically 12 months, you may be subject to an inactivity fee. This fee is designed to encourage active trading and ensure that resources are not wasted on inactive accounts. It's important to review Oanda's fee schedule and terms of service to understand the specific details and conditions of the inactivity fee for cryptocurrency trades.
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• Nagaraju PreethamMar 14, 2021 · 4 years ago
  No, Oanda does not charge an inactivity fee for cryptocurrency trades. Unlike some other exchanges, Oanda believes in providing a flexible trading experience for its users. You can leave your cryptocurrency holdings on Oanda without worrying about being penalized for not trading. However, it's always a good idea to review Oanda's terms of service and fee schedule to stay updated on any changes or updates regarding inactivity fees.
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• manali patelSep 04, 2024 · a year ago
  As an expert in the industry, I can confirm that Oanda does charge an inactivity fee for cryptocurrency trades. This fee is common among many exchanges and is designed to encourage active trading. However, it's important to note that the specific details and conditions of the inactivity fee may vary. I recommend reviewing Oanda's fee schedule and terms of service to get accurate and up-to-date information on their inactivity fee for cryptocurrency trades.
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