OneTrade Fees and Spreads

Our OneTrade Fees and Spreads Types Revealed:

• ✔️Fees and Spreads
• ✔️Additional Trading Fees
• ✔️Broker Fees
• Pros and Cons

Fees and Spreads

The spread list that OneTrade charges starts from 0.3 pips EUR/USD.

OneTrade offers variable spreads which change according to the financial instrument being traded, the position size, and the market conditions on the day of trading. OneTrade only offers one retail account to traders which has the following trading fees indicated:

• Variable spreads from 0.3 pips EUR/USD
• Commissions from $3.5 (52 ZAR) on trades

Additional Trading Fees

Swap fees and overnight fees refer to charges on positions which are kept open for longer after the trading day has concluded, often as part of a specific trading strategy. The swap fees that traders can expect will depend on:

• The financial instrument being traded
• The position size
• Whether the trader holds a long or short position

The Sharia law, followed by Muslim traders, prohibits its followers from being subjected to interest. Overnight fees are considered a type of interest and therefore Muslim traders may not partake in activities where interest is credited/debited.

To solve this, OneTrade offers Muslim traders with the ability to convert their live trading account into that of an Islamic Account, exempting them from swap fees.

As OneTrade is not a spread betting broker, spread betting fees will not apply.

Broker Fees

OneTrade does not charge any deposit fees or withdrawal fees when traders either deposit or withdraw funds to/from their trading account. However, there are some processing fees that may be charged by financial institutions which must be confirmed before making a deposit.

There are no additional broker fees indicated for OneTrade on the official website. However, there may be hidden fees such as conversion fees, inactivity fees, and others. As conditions may change, it is crucial that traders verify all trading and non-trading fees before they register a live trading account with OneTrade.

Pros and Cons

You might also like: OneTrade Account Types

You might also like: OneTrade Demo Account

You might also like: OneTrade Islamic Account

You might also like: OneTrade Minimum Deposit

You might also like: OneTrade Sign up Bonus

FAQ

How many instruments can I trade with OneTrade?

You can trade more than 90 financial instruments across these asset classes:

• Forex
• Commodities
• Indices

Which platforms are supported by OneTrade?

OneTrade only offers the use of MetaTrader 4 through which trades can be executed on desktop, mobile, and web browsers.

Does OneTrade offer leverage?

Yes, OneTrade offers leverage of a maximum 1:100.

What spreads can I expect with OneTrade?

You can expect variable spreads which start from 0.3 pips EUR/USD.

Does OneTrade charge commission?

Yes, OneTrade charges commissions of $3.5 (52 ZAR).

Are there additional charges on the Islamic account?

No, there are no additional charges indicated for the Islamic Account.

Is OneTrade regulated and by whom?

Yes, OneTrade is regulated by the reputable Financial Conduct Authority (FCA) in the United Kingdom.

Is OneTrade a recommended forex trading broker for experts and beginners?

Yes, OneTrade is suited to both beginner and expert traders.

What is the overall rating out of 10 for OneTrade?

8/10.