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OneTrade broker Accounts

  

OneTrade Account Types

  OneTrade offers a variety of trading account types to cater to different trading needs and preferences. The types of accounts available include:

  • Micro Account:
    • Minimum Deposit: $100
    • Leverage: Up to 1:500 for forex, 1:200 for metals, 1:50 for indices, and 1:2 for cryptocurrencies.
    • Spreads: Floating spreads starting from 0.4 pips and fixed spreads starting from 2 pips.
    • Commission: No commission charges.
    • Instruments: Access to over 28 forex pairs, gold, silver, 4 indices, and 2 cryptocurrencies.
    • Swap Fees: Applicable with options for swap-free commission.
    • Pro Account:
      • Minimum Deposit: $500
      • Leverage: Up to 1:200 for forex, 1:100 for metals and energies, 1:50 for indices, and 1:2 for cryptocurrencies.
      • Spreads: Floating spreads starting from 0.2 pips.
      • Commission: No commission charges.
      • Instruments: Access to 28 forex pairs, 4 metals, 2 energies, 10 indices, and 3 cryptocurrencies.
      • Swaps: Not allowed, with an overnight commission of 3 days fee.
      • ECN Account:
        • Minimum Deposit: $100
        • Leverage: Up to 1:500 for forex and 1:200 for metals.
        • Spreads: Floating spreads starting from 0 pips.
        • Commission: Charged on trades.
        • Instruments: Access to 28 forex pairs, gold, and silver.
        • Swaps: Not allowed, with a weekend fee charged on overnight commission.
        • Islamic Account:
          • Minimum Deposit: $100
          • Features: Swap-free trading in compliance with Islamic law, with spreads starting from 0 pips.
          • Demo Account:
            • Purpose: Allows traders to practice trading in a risk-free environment with virtual funds.

              

            OneTrade Broker Account Opening Process

              Opening an account with OneTrade is a straightforward process that typically takes only a few minutes. Here are the steps involved:

            • Visit the OneTrade Website: Go to the official OneTrade website to start the registration process.
            • Choose Account Type: Select the type of account you wish to open (e.g., Micro, Pro, ECN, or Islamic).
            • Fill Out the Application Form: Complete the online application form with your personal details and trading preferences.
            • Verification Process: Submit the necessary identification documents for verification. This may include proof of identity and address.
            • Deposit Funds: Fund your account with the required minimum deposit (starting from $100 for Micro and ECN accounts, $500 for Pro accounts).
            • Start Trading: Once your account is verified and funded, you can start trading using the available platforms such as MetaTrader 4 or 5.
            •   For a demo account, you can register quickly without the need for a deposit, allowing you to practice trading strategies in a simulated environment.

                For more detailed information, you can refer to the sources provided:

OneTrade accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities, Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.