📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses


⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

OneTrade Review

OneTrade Review




Overall Rating


Rated #306 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

MetaTrader 4, MetaTrader 4



📈 Total Pairs

☪️ Islamic Account


📊 Trading Fees


🕒 Account Activation Time

24 Hours

🏛️ Visit Broker



OneTrade is a direct market access brokerage firm.

Finding a reputable OneTrade review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth review regarding OneTrade to help you make an informed decision before opening your account or trading on their platform.

Forex brokers are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies.

Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade. Forex brokers may also be referred to as retail forex brokers, or currency trading brokers.

Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market.

Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation. Forex broker services are also provided for institutional clients by larger firms such as investment banks.

FXStat, OneTrade’s parent company, is an industry leader and offers the largest social trading networks in the industry. It offers a selection of trading and investment solutions that ensures a well-structured trading platform for professional traders and investors.

OneTrade was created as a DMA/STP forex broker company. This allows traders to connect directly to the company’s liquidity providers, as well as its ECN (Electronic Communication Networks) in the market.

This connection ensures immediate order execution and excellent trading conditions without broker intervention. The company’s No Dealing Desk execution also ensures the lowest possible costs.

OneTrade operates exclusively as an intermediary between its traders and the exchanges as well as the Tier1 Liquidity Providers. It prioritizes the interest of its customers, operates transparently, and ensures zero conflict of interest.

OneTrade was founded in 2008 by one of the largest social trading networks, FXStat. The company gradually expanded through the years and soon, its services were provided globally.

Due to legal restrictions, OneTrade does not offer its services to residents from the United States and certain other countries. OneTrade is headquartered in London, the United Kingdom.


Awards and Recognition

When deciding which Forex broker to choose, many potential traders take into consideration the awards which a particular broker may have garnered during their years in operation.

As such, these awards are an indication of the broker’s overall level of performance, features and platforms at which they excel, and their general standing within the industry.

Not all brokers participate in awards, and therefore this aspect should be taken into consideration with the overall broker offering.

Although OneTrade offers a competitive trading platform, the company has not received any awards or recognitions yet.


OneTrade Accounts

A Forex account is used to hold and trade foreign currencies. Gaining access to the forex market through a broker involves opening an account, depositing money in your denominated currency, and trading currencies.

Though it seems simple enough, picking the right account is one of the most important aspects in deciding on the right broker, as the account type can have a direct impact on profit and loss.

Typically, the Forex market abounds with a diverse range of traders, including beginners, intermediate-level traders, seasoned pros, and institutions, so that there are many types of accounts on offer.

As such, the most important aspects to keep in mind when deciding on an account that works for you are the transaction cost, spreads and commissions, trade routing, trading software and platforms, and the range of markets available.



Types of Accounts and its Features

OneTrade offers a single live trading account, which caters to the needs of all traders, no matter their experience level or trading preferences.

All traders benefit from the same trading advantages, which include:

  • Access to the same services and trading platforms
  • Initial minimum deposit of 100 EUR/USD/GBP
  • Base currencies: EUR/USD/GBP
  • 100% STP/DMA
  • Access to more than 90 trading instruments
  • 100% Market spread
  • Micro Lots from 0.01
  • Leverage ratios of 100:1
  • LD4 Equinix data centre


Overall Rating


Rated #306 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

MetaTrader 4, MetaTrader 4



📈 Total Pairs

☪️ Islamic Account


📊 Trading Fees


🕒 Account Activation Time

24 Hours

🏛️ Visit Broker


Deposits and Withdrawals

After the initial deposit of 100 EUR/USD/GBP, there is no limit on the minimum deposits or withdrawals. OneTrade offers fewer deposit and withdrawal methods than other brokers.

Bank Wire Transfer can be used for funding options. Skrill, credit, and debit cards (Visa and Mastercard) can transact 5000 EUR / USD / GBP per account holder per day.

No third-party transactions are allowed. Withdrawals will be processed using the method that was used for the deposit.


Cost and Fees, Commissions and Spreads

The cost of trading is the overall expense that a forex trader incurs in order to run their trading business.

For every trade placed, the trader will have to pay a certain amount in costs or commissions. These costs vary from broker to broker, but they are usually a relatively low amount and are often the only cost of trading which a trader is likely to incur.

The most common costs associated with trading are the spread and commission fees charged by the broker for each trade placed. These costs are incurred by the trader regardless of how successful those trades are.

The spread is the difference between the bid and sell price of a currency pair, and what the broker charges, and is fundamentally how brokers make a profit.

In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread.

A commission is similar to the spread in that it is charged to the trader on every trade placed. The trade must then attain profit in order to cover the cost of the commission.

Traders should also keep in mind potential hidden fees that some brokers might charge, which include inactivity fees, monthly or quarterly minimums, and margin costs.

OneTrade offers low and very competitive spreads from 0 to 1 pip on most currency pairs. The commission is charged at a fee of $0.40 per mini lot per one side trade, totaling up to $8 per round lot traded.

Account-holders with larger account volumes are offered at reduced costs, as commission charges are then dependent on the account’s equity. Commission on ECN trading can be reduced as low as $0.20 per mini lot.



Leverage is essentially capital that a trader borrows from a broker to increase potential returns. The Forex leverage size usually exceeds the invested capital by several times.

Different brokers offer different leverage levels, which are usually determined by the trading conditions provided by a particular broker.

Regional jurisdiction also comes into play, as the EEA recently decided to cap the level of leverage that brokers operating in the economic area could offer, due to the high risk typically associated with this mechanism.

Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves.

To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level.

As OneTrade is regulated in the United Kingdom and Europe, it is able to offer leverage ratios of up to 500:1, which is standard for the region.



Many Forex brokers offer various bonuses as an incentive for new traders to sign up with them.

Usually, the Forex bonuses are an exclusive or seasonal special offer. In general, Forex bonus types are also known by the name of a promotion.

Bonuses that are known as rebates are credited to the trader’s account once they have completed a trade, while regular bonuses may require traders to carry out quite a number of trades first.

OneTrade does not offer any bonuses or promotions at the moment.


Trading Platforms, Software, and its Features

A trading platform is in essence the software supported by a particular broker in order to execute trades on the Forex market. Deciding on the right platform is also an important aspect of selecting a suitable broker.

This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. The platform may also provide tools for research in addition to tools for order processing.

Some Forex brokers offer their own custom trading platforms for order processing and research, but many provide order access through integrated trading and research programs.

OneTrade offers a range of powerful and easy-to-use trading platforms. These include the award-winning MetaTrader 4 platform, the company’s proprietary Web Trader platform, as well as social trading platforms.

MetaTrader 4 offers:

  • Trade on one of the most widely recognized and reliable trading platforms in the world
  • User-friendly
  • Ideal for all types of traders
  • Multi-Asset Trading allows trading forex, Oil (WTI, Brent & Gas oil), Silver, Gold, and indices
  • A Layout designed to show you your trade tickets, open positions, and charts at a single glance
  • Ability to keep an eye on the markets and your trading performance all from one screen
  • Multilingual platform interface includes English, German, French, Russian, Arabic, Spanish, Chinese, Polish, Turkish, Indonesian, and others
  • Fully customizable
  • Wide range of inbuilt indicators and charting tools, the ability to create various custom indicators and different time periods
  • MetaQuotes Language 4 (MQL4) facilitates the use of online Expert Advisors for efficient, automated trading processes
  • Extensive tutorials on how to use the MT4 platform
  • Available via desktop, iOS, and Android


OneTrade Web Trader Platform offers:

  • Allows users to trade online anywhere without an installed MT4 terminal
  • Synchronizes with the customer’s MetaTrader 4, acting as an alternative trading interface
  • Linked accounts generate an automatic “Performance page” which can be accessed directly from the platform
  • No downloads
  • Low trading latency
  • Integrated activity stream to see what others are trading
  • One-click trading
  • Trailing stop-loss
  • One-click close all positions
  • Online access 24/7


Social Trading

  • Copy the trades of experienced traders directly into the investor’s portfolio
  • Individually set risk parameters
  • Make immediate changes in the portfolio according to risk preferences
  • Filter copy trades based on time and day
  • Copy a single, top-performing instrument or an entire portfolio
  • Stop following a trader at any time
  • Build a diversified portfolio


Markets, Products, and Instruments

Most brokers offer all or some of the following kinds of market instruments for trading:


Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.


As with currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty.


Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market.

Precious metals:

The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.


The high volatility of energy prices due to political and environmental factors, supply and demand, extreme weather conditions, and global economic growth is a typical feature of this product, making it another popular trading choice.

OneTrade offers a wide selection of market instruments, including the following:

Forex instruments include the following advantages:

  • Spreads from zero pips on major currency pairs
  • 100% STP/DMA
  • Low minimum deposit required
  • Ultra-low latency and fast order execution
  • Trade from 0.01 lot
  • All trading and portfolios can be managed from one account
  • Trade from Windows, Mac, and Linux


Commodities include a number of global commodities with the following advantages:

  • Includes Oil, Gold, and Silver
  • Trade many global commodity markets
  • 100% DMA/STP
  • Ultra-low latency and fast order execution
  • Trade with confidence 24 hours a day
  • Manage all portfolios from just one account
  • Trade from Windows, Mac, and Linux


Indices trading include the following advantages:

  • Trade the UK 100, German 30, Dow 30 and others
  • Tight spreads and competitive margin
  • Choose from more than 11 global Indices
  • 100% STP/DMA execution
  • Low minimum deposit required
  • Ultra-low latency and fast order execution
  • All trading and portfolios can be managed from one account
  • Trade from Windows, Mac, and Linux



Safety and Regulation

The Forex market is one of the biggest financial markets in the industry so that navigating this enormous ocean of potential profit requires a proper level of broker compliance in order to mitigate any unnecessary risks or losses.

A secure trading environment is best delivered through brokers who are authorized by reputable regulatory bodies, which ensure that client funds are protected and subject brokers to regular audits for guaranteed transparency.

OneTrade is a trading name of FxStat Ltd and is authorized and regulated by the Financial Conduct Authority in the United Kingdom under FCA Firm Reference Number 537787. FxStat is a company registered in England and Wales under registered number: 07212997.

This is one of the strictest and most reputable financial authorities in the world and ensures customers enjoy the highest levels of protection and services. Customers can be assured of a compensation scheme, segregated customer funds, and other safe trading practices.


Customer Support

Reliable customer support is another important aspect of choosing the correct broker, as a lack of decent customer support can leave pressing issues unresolved and affect a client’s trade.

Technical support is particularly important in order to help traders control their funds and navigate the platforms efficiently. Decent customer support should also mean queries are handled quickly and properly resolved.

OneTrade provides dedicated round-the-clock customer support to ensure traders are assisted quickly. Assistance is offered in multiple languages, including English, Russian, Arabic, Farsi, and Urdu language.

Although the company does not offer a live chat option such as most other brokers, customers can contact the support team 24 hours a day, 5 days a week via telephone or email.



Traders often seek out brokers which provide a decent research offering, as proper analytical tools can play a key role in executing profitable trades on the often volatile Forex market.

Many brokers offer a range of analytics tools that allow traders to remain abreast of changes in the Forex market and respond accordingly.

Forex analysis is used by retail forex day traders to determine to buy or sell decisions on currency pairs. These can be technical in nature, using resources such as charting tools.

OneTrade customers have access to research tools through different platforms. Performance Page is a powerful auto-generated trading performance page. It provides more than 200 statistical analytics, which allows the identification of weaknesses as well as strengths.

The Social Trading tool uses Trade Leader Strategies, which replicates underlying strategies (Trade Leader Strategy) whenever it is used, minimizing latency.


Education and Training

Newbie traders will want to find a broker which offers enough research and training tools in order to acquire the necessary skills to make profitable trades.

These educational tools range from the very fundamentals of Forex trading to more advanced Webinars and courses, which can also be of use to intermediate traders.

Forex brokers which do not provide research tools are usually geared towards seasoned and professional traders, who will rely more on the broker’s analytics offering to execute trades.

OneTrade offers little to no education and training tools. The company’s FAQ sheet is of great help and answers general questions about trading platforms, accounts, deposits, and withdrawals, etc. The demo account is ideal for practicing trades.

No tutorials, webinars, or educational videos are available, making it difficult for beginners to fully understand the world of trading.



OneTrade offers an excellent trading environment through fast order execution, a powerful MetaTrader 4 platform, and its variety of market instruments, transparency, and low costs.

Traders of average experience and professionals should do well when trading with this broker. Beginners should consider other options because of the lack of educational material.


You might also like: OneTrade Minimum Deposit

You might also like: OneTrade Account Types

You might also like: OneTrade Demo Account

You might also like: OneTrade Fees and Spreads

You might also like: OneTrade Sign up Bonus

You might also like: OneTrade Islamic Account



Risk warning: Trading leveraged or “geared” products on margin carries a high level of risk and may not be suitable for all investors.

The high degree of leverage can work against you as well as for you so before deciding to invest in Forex or CFDs you should consider your investment objectives, expertise, and risk appetite.

You should not invest money that you cannot afford to lose and should appraise yourself of all the risks associated with Forex and CFD trading and seek advice from an independent financial advisor if you have any questions.

OneTrade is a trading name of FxStat Ltd and is authorized and regulated by the Financial Conduct Authority in the United Kingdom under FCA Firm Reference Number 537787. FxStat is a company registered in England and Wales under registered number: 07212997.

Disclaimer: The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

You may lose more than your initial deposit and could be required to deposit additional funds, According to research.


OneTrade at a Glance

Broker’s Name OneTrade
Headquartered London, the United Kingdom
Year Founded 2008
Regulating Authorities The Financial Conduct Authority (FCA)
Countries not accepted for trade The United States
Islamic Account (Swap Free) No
Demo Account Yes
Institutional Accounts Yes
Managed Accounts No
Maximum Leverage 500:1
Minimum Deposit 100 EUR/USD/GBP
Deposit Options ·       Bank Wire Transfer

·       Debit and credit cards (Mastercard and Visa)

·       Skrill

Withdrawal Options ·       Bank Wire Transfer

·       Debit and credit cards (Mastercard and Visa)

·       Skrill

Platform Types ·       MetaTrader 4

·       Web Trader

OS Compatibility Desktop, iOS, and Android
Tradable Assets Forex, commodities, and indices
Customer Support Languages English, Russian, Arabic, Farsi, and Urdu
Customer Service Hours 24 hours a day, five days a week from Monday 08:00 (UK time) to Friday 19:00 (UK time)



Overall Rating


Rated #306 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

MetaTrader 4, MetaTrader 4



📈 Total Pairs

☪️ Islamic Account


📊 Trading Fees


🕒 Account Activation Time

24 Hours

🏛️ Visit Broker




Trading Environment


How many instruments can I trade with OneTrade?

OneTrade offers several market instruments such as forex, commodities, and indices.


Which platforms are supported by OneTrade?

OneTrade provides the following platforms:

  • MetaTrader 4
  • Web Trader


Does OneTrade offer leverage?

Yes, OneTrade offers maximum leverage of 500:1


What spreads can I expect with OneTrade?

OneTrade offers spread starting from 0 to 1 pip.


Does OneTrade charge commission?

Yes, the commission is charged at a fee of $0.40 per mini lot per one side trade.


Is OneTrade regulated?

Yes, OneTrade is regulated by the Financial Conduct Authority (FCA).


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

No, OneTrade is ideal for institutional and more experienced traders.


What is the overall rating out of 10 for OneTrade?





What is the difference between a demo and a live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.


Does OneTrade offer a demo account?



Can I convert my demo account to a live trading account with OneTrade?



Which live trading accounts does OneTrade offer?

OneTrade offers a single live trading account for all clients.


What are the available deposit currencies for a live trading account?

  • USD
  • EUR
  • GBP


Deposits and Withdrawals


What is the minimum deposit for OneTrade?



How do you make a deposit and withdrawal with OneTrade?

Traders can make deposits or withdrawals via the following:

  • Bank Wire Transfer
  • Debit and credit cards (Mastercard and Visa)
  • Skrill


Does OneTrade charge withdrawal fees?

No, but fees from financial institutions may apply.


How long does it take to make a withdrawal?

The withdrawal time will be dependent on the corresponding banking institution, which can be anywhere from 1 – 5 working days.



Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like


Overall, FINEXO is fully regulated by top-tier regulators. It has a trust score of 60 out of 100 and is considered a low-risk trading partner.