ONETRADE

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Advantages:

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Disadvantages:

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About company:

OneTrade is a trademark of FXStat, which was founded in 2010 as a social trading and analytics platform.

FXStat was originally launched as an ad page that hosted trade analytics, then the creators added an option for automated trading, thanks to which the number of clients grew significantly - by more than 100,000 users.

In fact, brokerage activity began in 2015, when the automated trading page OneTrade was created for traders, based on FXStat technology with more than 200 analytical functions and the "Social Trading" option.

UK broker OneTrade offers a single account with an NDD / STP execution model. The broker provides over 90 assets for trading: currency pairs, CFDs, commodities, and indices.

Trading conditions

Minimum initial deposit

OneTrade offers an average initial deposit in the field of online trading - $ 100. There is also a free demo account with $ 10,000 virtual to start trading.

Spread value and commission

OneTrade offers competitive variable spreads, averaging 0.3 pips, with a brokerage fee of $ 8. So the trading costs are around 1.1 pips per standard lot on EUR / USD, including commissions, which is a good offer.

Leverage

The maximum leverage rate from OneTrade is not so high in comparison with the offers of other brokers and is only 1: 100.

Trading platforms

FxStat works with MT4, so it should come as no surprise that OneTrade supports this popular platform. Clients can use desktop, web and mobile versions. Developed by MetaQuotes, the MT4 platform offers a range of built-in technical indicators, analysis options and interactive charting. The broker is highly regarded by the trader community mainly because it allows users to fully automate their trades by downloading ready-made or creating their own automated trading strategies.

Since FxStat is a social trading network, OneTrade is specialized in social trading. Clients have the opportunity to use the FxStat network to copy the trades of other traders (not only in the OneTrade community), as well as to exchange ideas.

Ways of payment

OneTrade offers its clients the following deposit / withdrawal methods: wire transfer, debit / credit cards and Skrill, Neteller, UnionPay.

The broker accepts currencies: GBP, USD and EUR.

FAQ - BROKER QUESTIONS ONETRADE

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Can the broker ONETRADE be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. ONETRADE received a rating of 1 out of 5 on our resource.