Oanda Rebates & Cashback | We Beat all offers
| MT4 | |
| Forex | $1.50 per round turn of 100,000 USD units traded |
| Payment Options |
Monthly Cash Back
|
| fxTrade | |
| Forex | $1.50 per round turn of 100,000 USD units traded |
| Payment Options |
Monthly Cash Back
|
We cannot open an account for Canadian Residents.
Rebates are not paid on Premium accounts.
What are Oanda rebates?
Oanda rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do Oanda rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much Oanda rebates can I earn?
Use our forex rebate calculator to estimate your Oanda rebate earnings:
Are Oanda Rebates a scam; do my spreads increase?
Oanda rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.
What is the best Oanda rebate program?
The first forex rebate providers were Chinese and catered to Chinese clients. In 2006 the company ‘FX Rebates’ arrived on the scene out of the USA, offering forex rebates to a global clientele. In 2007 cashbackforex.com became the second global rebate provider and surged in popularity. ‘FX Rebates’ shortly thereafter either went out of business or stopped offering forex rebates. From 2007 onwards cashbackforex.com and it’s affiliates have been the dominant and largest rebate provider and one of the largest introducing brokers globally.Many competitors have come online since 2007, some good and some bad. We have continued to improve our services along the way to stay ahead of the pack.
Are there any other benefits to signing up for Oanda rebates?
It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.How are forex rebates paid?
Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:
Forex rebate options vary per broker:
| Monthly cash back | Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in. |
| Spread or commission reduction | The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers. |
| Paid direct to brokerage account | Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers. |
In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, Entropay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
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 |
| 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 |