However, drawbacks include relatively higher costs for certain additional services, such as a $20 fee for bank wire withdrawals and a $10 monthly inactivity fee after 12 months of no trading activity. While these fees are industry-standard, traders should carefully evaluate their trading style and...
It is calculated as “position value x applicable funding rate x1/365."14 In addition to a monthly inactivity fee "of 10 units of the currency in which your account is denominated when there are no open trades in your account for a period of at least 12 months," the broker also ...
Third-party deposit and withdrawal fees apply at both, but Oanda allows one free monthly withdrawal to a credit/debit card. Retail traders will enjoy a more competitive cost structure at Oanda. Average Trading Cost EUR/USD 1.1 pips 0.9 pips Average Trading Cost GBP/USD 1.3 pips 1.3 pips ...