Oanda Rebates
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Assets Class | Rebate Rate Per Lot |
Forex | $1/Lot |
Forex Rebates are paid per side. Rebates are not paid on Premium accounts.
What is Oanda Cashback?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make.
Important to note that each broker has different cashback rates for account types and instruments.
For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).
Oanda forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.
How Oanda cashback works?
When we refer you to Oanda to open a new trading account or link an existing trading account under our referrer (when possible), Oanda pays us a commission which is partially paid back to you in the form of cashback.
How much Oanda cashback can I earn?
Oanda cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our Oanda cashback calculator to estimate the monthly or yearly cashback
Oanda cashback calculator
How Oanda cashback is paid?
Cashback is usually released a few days after the end of the month which is when we collect your cashback from Oanda.
The cashback can be then withdrawn with the available options in the withdrawal page.
Broker Name | Oanda |
Broker type | Market Maker |
Country | United States |
Operating since year | 1996 |
Number of employees | 200 |
International offices |
|
Regulation | NFA (US) |
Address | 17 State Street, Suite 300, New York, NY 10004 |
Broker status |
Broker |
Accepting US clients? | Yes |
Account currency | USD, GBP, EUR, CHF, JPY, CAD, SGD, HKD, AUD |
Funding/Withdrawal methods | Wire Transfer, ACH deposit |
Swap free accounts |
No
|
Segregated accounts |
No
|
Interest on margin |
Yes
|
Managed accounts |
No
|
Accounts for money managers (MAM, PAMM) |
No
|
Phone | Toll Free # per region (# will be routed to the active CX desk globally) -Toll free in Canada and the United States: 1 877 626 3239 -United States: 212-252-2129 |
Fax | 1 212 208 4356 or 1 877 264 2220 |
[email protected] | |
Languages | English, Spanish, Chinese |
Availability | Phone, Chat, Email, FAX |
Trading Platforms | MetaTrader 4 (MT4), Web Platform, Mobile Platform |
Trading platform(s) timezone | (GMT -4:00) Atlantic Time (Canada), La Paz, Santiago, Georgetown |
Demo Account | Yes |
Mobile trading |
Yes
|
Web based trading |
Yes
|
API |
Yes
|
OCO orders |
Yes
|
Trading over the phone |
No
|
Hedging allowed |
No
|
Trailing stops |
Yes
|
One click trading |
Yes
|
Contests |
No
|
Other trading instruments | Cryptocurrency, Forex |
Minimum deposit($) |
0.0
|
Maximal leverage(1:?) | 50 |
Minimum lot Size |
0.1
|
Maximum lot Size |
600.0
Max lot size per click is 100 Lots |
Commission |
50.0
$50/Mil commission for Core pricing Spread based pricing |
Spread | Variable |
Decimals | 4 decimals |
Scalping allowed |
Yes
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OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. No: 0325821.
Founded in 1996, OANDA is one of the world's leading online trading groups, offering multi-asset trading, currency data, and analytics to clients around the globe. We started by providing free exchange rate data on the Internet, then launched a forex trading platform that helped pioneer web-based currency trading and today we remain dedicated to building smarter trading experiences |