|FX pair||Spread only||Core pricing|
Ready to start trading? Open an account in minutes
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
Frequently asked questions
What is an inactivity fee?
In the event there are no open trades in your account for a period of at least 24 months (12 months in the United States), a monthly fee of 10 units of the currency in which your account is denominated will be withdrawn (with the exception of accounts denominated in JPY and HKD, which will be charged 1000 JPY and 75 HKD respectively). For example: if your account is in SGD you will be charged 10 SGD, if your account is in USD you will be charged 10 USD, etc.
How long will I be charged an inactivity fee?
Your account will be charged until one of the following conditions are met:
- You close your account
- You resume trading in your account
- The balance of the account is reduced to zero. (An inactive account will not incur a negative balance.)
If I never funded my account, will I be charged an inactivity fee?
No, an account that has not been funded, will not incur a negative balance.
Do I need to trade in each one of my sub-accounts?
No, the inactivity fee is being applied at the user level meaning if you trade in your primary account or any of your sub-accounts you will NOT be charged. Also, the fee will only be taken from one sub-account each month, so you will not be charged multiple fees in any one month.
If I resume trading in my account, will I be credited any inactivity fees?
If you have resumed trading after inactivity fees have been withdrawn, you can request a rebate up to 3 months worth of the inactivity fees based on how many months you have been charged.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 'How to fund your account' FAQ.
What are holding charges?
At OANDA we apply a holding/duration charge or holding/duration credit for positions you keep open over time. Our holding charges/credits are calculated in relation to positions maintained on a continuous basis rather than as a daily roll charge. Find out how financing is charged and paid into your account.
How are financing charges and credits calculated?
For FX pairs, where you open a long position, we identify an OANDA position maintenance ‘holding’ rate for each currency. We calculate a (lower) ‘holding’ rate on the long side of the pair and a (higher) ‘borrowing’ rate on the short side of that pair. We then calculate the net positive or negative differential rate.
- The lower rate is calculated because it is notionally payable by us to you on the long side of the pair.
- The higher rate is calculated because it is notionally payable to us by you on the short side of the pair.
Find out more about financing charges and credits