OneTrade Review


What is One Trade?

The One Trade broker provides Direct Market Accessthrough straight-to-process trading and 90+ instruments via the ultimate technology solutions through LD4 Equinix. One Trade offers Spot FX and Metals as well as CFD indices and Commodities through aggregated pricing from top banks and non-banks. The One Trade asset also has ECNs that offer low latency execution (average 10ms).


Broker: OneTrade

Minimum deposit: 100 US$

Leverage: 1:30

Regulator: FCA

Year: 2010

Platforms: MT4, WebTrader, Mobile App

HQ: UK

OneTrade Licenses

FxStat Ltd is authorized by FCA UK (UK) registration number. 537787 is not active


Overview

The company was founded in 2010 as the UK's first financial social network provider. It introduced a new way to trade on the financial markets, with easy access to data, analytics, and the ability to share performance. One Trade has been growing and expanding their international business. Today, they are a leader in financial technology solutions.

Pros

  • Convenient platform

  • A lot of tools

  • Work on different platforms


Cons

  • Not FCA Regulated

  • Doesn't allow scalping


Rating of the company overall

  • Reliability ⭐⭐⭐⭐

  • Platform ⭐⭐⭐⭐

  • Commissions ⭐⭐⭐

  • Support ⭐⭐⭐⭐

  • Financial instruments ⭐⭐⭐

RATING: 3.5

Is One Trade a scam or safe?

OneTrade, a trading name for FxStat Ltd, is licensed and regulated in the United Kingdom by the Financial Conduct Authority. This allows clients to enjoy the highest standards of consumer protection and service. It complies with many requirements, including segregation of client funds and protection, secure trading environments, participation in compensation programs, regular reporting, and standards for services.

A broker offers a range of learning tools to help traders get started quickly and in a professional manner. Online User Manuals are a great resource for those who are just starting out in trading. They provide detailed instructions on how to trade and use the platforms. Monthly seminars are also offered for free. They cover a variety of topics that will help you to trade and use tradable products.



Trade Platforms

One Trade offers a variety of platforms accessible from one account. This includes the well-known MT4 software and hardware, MT4 webtrader, CRM, social trading platforms, liquidity bridge, and MT4 webtrader. This unique marketplace solution offers a cost-effective solution to retail and institutional traders, banks and brokers. OneTrade offers a platform that can meet client needs, whether they are looking for click and trade, algorithmic, or copy trading, as well as FIX API.

MT4 is easy to use and provides a highly customizable trading environment.

WebTrader is OneTrade's own platform which allows clients to access the market from any device. It connects to their MT4 account. These platforms enable automatic uploading of trades, detailed portfolio features and analysis as well as a mobile app that allows for trading on the move.

Social trading is the last feature. It allows you to connect with traders all over the globe, view their activities, and copy the best strategies. This is the most recent solution and it's a great choice for anyone who wants to learn more about the current trading. It brings together the collective wisdom of trader skills to make trading smarter.



Accounts

It takes 5 minutes to open an account. To verify your identity and begin trading, you will need to fill out the online application form. One Trade allows clients to choose their preferred base currency, GBP, USD or EUR.

All the available broker's platforms (MT4 platform, mobile trading platform, Web trader, and social trading platform) are accessible from a single account at OneTrade.

No matter what trading style a client has, he or she must monitor their performance in order to make informed decisions. This information is available via the performance page. This page provides more than 200 statistical data, which includes history and wickless points.

The cost to trade is covered by a small floating Inter-Bank spread at a low commission of 0.35$ for Forex, Gold Cooper, Silver and Cooper.

Withdrawals and deposits

As per regulation, deposits can be made by bank wire from the OneTrade account of the same person. There are not many other options for transferring funds via Skrill, credit, or debit card. This method is not recommended for urgent deposits due to the limitations on card deposits.

The minimum account depositis also a good condition, as the initial deposit is 100$.

The same method used to deposit the money will be used to process withdrawals. Only card deposits can be withdrawn to the exact same card, and the amount deposited must be returned within 30 days. There are 0$ fees.

Conclusion: One Trade

One Trade is a technology-driven business that provides direct access to marketthrough a variety of trading instruments. One of the key requirements to trade through a broker is trustworthiness and safety of investments. Clients can feel confident in One Trader's transparent operations. The company is regulated and complies with strict rules.

One of the strongest points for brokers is their commitment to protecting clients' interests. They offer trades without conflicts of interest, transparent execution, full transparency and anonymity. The technology solutions they provide to various networks, as well as the growing demand for social trading environments, allow them to offer a variety of trading styles that will increase trading success rates. The company's customer service team is available to assist traders with their education and faithful cooperation.

Important Update on One Trade

One Trade broker has stopped accepting or opening new accounts for retail traders and institutional traders. If you are interested in opening an account, please check the One Trade customer support or visit the website for updates. Do your research on OneTrade.