OANDA AU

Cash Back Rebate Rates: 

0.20 Pips per round turn
Details
  • Min. Account: No Minimum
  • Min. Trade: No Minimum
  • Max Leverage: 50:1
  • Avg. Eur/Usd Spread: 1.2
  • Trading Platform: MT4, Web, Mobile, API
  • Execution: Market Maker
  • Hedging: No
  • FIFO: No
  • Other Products: CFDs
  • Accepts: Credit/Debit Card, Wire
   

Why OANDA

1. We make powerful forex trading technology simple to use.

OANDA fxTrade is institutional-quality trading software that delivers premium performance and innovative features in one easy-to-use platform.

2. We deliver tight spreads.

OANDA's spread policy is simple: to offer very tight spreads, with no discrimination based on how much (or how little) you trade.

3. We focus on quality of execution.

All transactions are 100% automated without human intervention.  Trades are executed efficiently and settled instantly, drawing on deep OANDA LiquidityTM.

4. We don't follow outdated rules that cost you money.

Our innovation has made typical trading practices like two-day settlements, rollover swaps, and fixed trade lots obsolete.  We give you the flexibility to tailor trades to suit any trading strategy.

5. We make an open, transparent market.

OANDA publishes short and long positions to help traders judge the depth of the market for a given currency pair.  We publish real-time rates and give all traders rate updates as the market moves.

6. Reputation matters.

OANDA has offered online currency exchange information since 1996 and forex trading services since 2001.  OANDA is registered with 7 regulatory organizations worldwide and has a surplus of capital reserves that far exceeds the required regulatory amount.

7. We don't discriminate.

We operate in stark contrast to forex brokers who give rebates and volume discounts to favor certain traders over others.  OANDA customers trade with the confidence that everyone gets the same tight spreads.

8. We support our customers with resources that help them trade.

OANDA provides free access to news feeds from Thomson Reuters, Dow Jones, UBS, and 4Cast.  We also offer analytical trading tools and aggregate the real-time expectations and positions of thousands of our traders to create a market sentiment index.

Risk Disclaimer

Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.  There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.  Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.