Spreads
OANDA offers competitive spreads across major and minor currency pairs. The spread represents the difference between the bid and ask price, serving as a primary cost for traders.
Commissions
Depending on the account type, OANDA may charge commissions based on trading volume. These fees vary and are structured to accommodate different trading strategies.
Swap Rates
Swap rates, or rollover fees, apply to positions held overnight. These rates can be either positive or negative, influenced by the interest rate differential between the involved currencies.
Additional Fees
Beyond spreads and commissions, traders should be aware of other potential fees such as inactivity fees or charges for specific order types, which can impact overall trading costs.
Risk Disclosure
Trading on financial markets carries a high level of risk and may not be suitable for all investors. It is important to carefully consider your financial situation and risk tolerance before engaging in forex trading.
