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Are non-trading fees low at Oanda?

Your expert
Adam N.
Fact checked by
Updated
Jul 2024
Personally tested
Data-driven
Independent

Are non-trading fees low at Oanda?

Yes, non-trading fees at Oanda are considered to be low.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.


Oanda non-trading fees summary

Oanda non-trading fees highlights
💰 Oanda custody fee No custody fee
💰 Oanda account fee No account fee
💰 Oanda inactivity fee £10 per month after one year of inactivity
💰 Oanda withdrawal fee $0
💰 Oanda deposit fee $0
🗺️ Country of regulation USA, UK, Australia, Singapore, Canada, Malta, Japan, British Virgin Islands

Data updated on July 12, 2024

Overall score
4.6/5
Minimum deposit
$0
FX fee
Low
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1-3 days
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75% of retail CFD accounts lose money

What are non-trading fees?

Non-trading fees are charges associated with activities other than trading at your brokerage account. They typically include the following: custody fee, conversion fee, account fee, inactivity fee, withdrawal fee and deposit fee. The amount that different brokers charge for these (if at all) can vary, so it is important to understand these fees if you want to avoid unwanted costs.

If you'd like to know more about non-trading and other fees at Oanda, check our overview of Oanda fees and charges.

If you are interested in Oanda, read our comprehensive review.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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