OANDA Japan closes inactive accounts with zero balances
OANDA Japan has permanently deleted accounts that were inactive for over two years and held no funds. The broker cited its trading terms, which allow periodic cleanup of dormant accounts to maintain compliance and operational efficiency.
Affected users were notified via email on May 20, confirming the irreversible closure. Traders who want to return must re-register and resubmit identity verification documents.
This move follows industry norms, where brokers regularly purge unused accounts. Some traders may be caught off guard, as the policy was already in place but not always enforced.
OANDA’s expansion after FTMO acquisition
Earlier this year, OANDA was acquired by FTMO Group. Before the deal, it expanded into proprietary trading with OANDA Labs Trader and introduced Exchange-Traded Funds (ETFs) in Europe.
eToro enters France’s savings and retirement market
eToro has opened a Paris office and launched eToro Patrimoine (“eToro Wealth”), offering retirement plans (PER) and life insurance in partnership with Generali. Users can choose managed portfolios or self-directed investments from 500+ assets.
This follows XTB’s recent expansion into France’s PEA market, reflecting a broader industry shift toward long-term savings products.
Key features:
- PER and life insurance starting at €300
- No management fees in 2025 (normally 0.5%-0.8%)
- Access to French stocks, EUR accounts, and local IBANs
eToro, now publicly traded, has 40M users worldwide and continues diversifying beyond active trading.
Risk disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.