We monitor competitors to ensure we always offer the highest rates on the net.
Cash Back Rates
Cash back rebates are paid per closed position unless otherwise specified. 1 Lot = 100,000 base currency units traded.

  MT4 fxTrade
Forex$1.00 Per Lot Per 100K USD Traded (paid at $0.50 Per Side)
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  MT4
Forex $1.00 Per Lot Per 100K USD Traded (paid at $0.50 Per Side)
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  fxTrade
Forex $1.00 Per Lot Per 100K USD Traded (paid at $0.50 Per Side)
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
*Notes
Forex Rebates are paid per side.

We cannot open an account for Canadian Residents.

Rebates are not paid on Premium accounts.
Promotions
No promotions available at the moment

What are Oanda rebates?

Forex rebates reduce the spread or transaction cost paid by a trader on every trade, whether it’s a win or a loss. Rebate payment are offered in 3 forms including spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill and others.

How do Oanda rebates work?

When a trader links their new or existing forex trading account to us, the broker pays us a volume based commission for every trade that's placed. We then pay most of this back to our clients. Unlike a few of our competitors your spreads will never increase as a result of using our service. Instead, you'll pay lower transaction costs and increase your win ratio. Ultimately, you get a better deal working with us than working only with the broker.

How much Oanda rebates can I earn?

Use our forex rebate calculator to estimate your Oanda rebate earnings:

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Which Oanda rebate program is the best?

Our business model and theme is offering the highest rebate rates at every popular forex broker. We do this by adjusting our rates whenever we find a competitor offering more. Our clients can rest assured they are getting the highest rebates possible combined with the best possible customer support and consistent, timely and accurate rebates.

Will my Oanda spreads increase?

There may be a few scammy forex rebate providers out there that do this but we do not. It would be deceptive, unethical, and totally against our business model, not to mention customers would quickly catch on and write horrible reviews! The easiest way to alleviate such a concern is just ask customer support at Oanda.

How can it be better to work through a 'middle-man' than just working directly with Oanda?

Oanda rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.

A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.

Are Oanda rebates worth the effort?

The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. Oanda rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.

Why don't you offer more forex rebate brokers?

We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.

Profile

Established in 1995 and headquartered in Times Square, New York, the OANDA Corporation offers trading services to customers on a wide range of financial instruments, from CFDs (not available to US residents) to Forex, commodities, bonds, and metals.

With a 2019 estimated revenue of nearly $85 million, and total funding of $117 million, OANDA Corporation and its several subsidiaries, OANDA Canada, OANDA Australia, OANDA Asia Pacific, and OANDA India, have enrolled, over the years, the preference of many traders. OANDA is a household name and one of the most recognized and respected brands in the Forex world.

Since 1996 OANDA has been serving customers in the currency business. OANDA claims to be a Forex market maker, well-capitalized, and above all, the authoritative source for currency and exchange data, for several global companies from Airbnb, Expedia to FedEx and more, tax authorities, accounting firms, and financial institutions, all delivered through their exchange rates API and historical Currency Converter,

OANDA Corp is a registered financial services company in the United States as a Retail Foreign Exchange Dealer with the US CFTC (Commodity Futures Trading Commission), and also a regulated member of the NFA (National Futures Association) and has partnered with several global banks, including BNP Paribas, Bank of America, Deutsche Bank, Credit Suisse, to provide access and global Forex liquidity.

OANDA also offers free Forex education, available through a complete range of trading tools, suitable for technical analysis, advanced charting and economic news. They also provide up-to-the-minute trading news, with market commentaries, and with a team of market analysts who offer the latest news and analysis on a wide variety of financial topics.

With market analysts located in the world's main financial capitals, they cover all market hours with updated articles, several video commentaries, and live podcasts, all complemented by Marketpulse, OANDA’s online publication, where you can find more in-depth information about the financial markets.

With OANDA you can trade all of the major Forex pairs, also minor pairs, through their proprietary retail Forex trading platform, also available for mobile devices running on Android and iOS systems and trading through the classic MT4 Metatrader.

Company Name OANDA Corporation
Year Founded 1996
Headquarters United States
Office Locations Australia, Japan, Singapore, United Kingdom, United States
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, SGD, USD, HKD
Client funds bank JPMorgan Chase Bank, HSBC
Support Languages English
Funding Methods Bank Wire, Cheque
Financial Instruments Forex
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Account types

  MT4 fxTrade
Maximum leverage50:1
Mobile PlatformMT4 MobileNone
Trading PlatformMT4fxTrader
Spread TypeVariable Spread
Minimum Deposit0
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  MT4
Maximum leverage 50:1
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  fxTrade
Maximum leverage 50:1
Trading platform fxTrader
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
Overall rating is an average of ratings from experts in 4 categories
Pricing
4 / 5
Regulation
5 / 5
Popularity
5 / 5
User rating
4 / 5
Source: fxverify.com > oanda