OANDA upgrades Advanced Trader program to include cash rebates

February 23, 2021 1:51 pm UTC, Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

Clients can now earn rebates up to $15 per million based on their deposits and monthly trading volumes.

OANDA Corporation has upgraded its Advanced Trader loyalty program in the US to offer high-volume clients the option of cash rebates. With an OANDA Advanced Trader account, clients can now earn rebates up to USD15 per million based on their deposits and monthly trading volumes. Alternatively, traders can opt into OANDA’s core pricing model and choose to reduce their commission fees by up to USD15 per million instead, offering greater flexibility than ever before.

David Hodge, Chief Revenue Officer OANDA explained, “The US market is sophisticated and competitive, and smart traders are constantly on the lookout for better pricing and greater flexibility. As such, we believe our new Advanced Trader loyalty program clearly demonstrates OANDA’s ongoing commitment to addressing the needs of our clients and helping them become successful self-directed traders.”

Featuring a tiered approach, the Advanced Trader program houses four distinct levels that afford a host of benefits to clients based on their monthly trading volumes and deposit levels.

Regardless of tier, Advanced Traders will continue to enjoy personalised support from a dedicated relationship manager, unlimited free wire transfers, access to advanced trading tools and third-party platforms, and more.

Read this next

Crypto exchange Bittrex exits US market amid regulatory woes

Bittrex said on Friday it plans to wind down operations in the United States and voluntarily liquidate because of the uncertain regulatory environment surrounding their business.

Bittrex

Institutional FX

Tradeweb completes integration of Nasdaq’s US fixed income platform

Tradeweb Markets has completed the technology integration of Nasdaq’s US fixed income electronic trading platform, formerly known as eSpeed, which it acquired two years ago in a $190 million, all-cash transaction.

FTX Europe to allow client withdrawals via new website

The Cypriot unit of failed cryptocurrency exchange FTX has launched a new website that it says would allow customers to withdraw deposits of fiat currency and crypto assets after months of suspension.

Sam Bankman-Fried

Liquidators apply to cancel SVS Securities’ FCA license

An update published today by Leonard Curtis said the UK high court of justice has approve their application to bring the special administration of the failed wealth manager SVS Securities to an end.

SVS Securities

Japan forms government panel to pilot digital yen

Japan’s Finance Ministry has created an advisory panel to look at the feasibility of issuing a central bank digital currency, otherwise known as “CBDC”.

USDC sees massive $10.4 billion outflows in March

Cryptocurrency traders have withdrawn more than $10 billion from the world’s second largest stablecoin, USDC, in less than three weeks even as concerns over the fallout from the Silicon Valley collapse have receded.

OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.

CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.

Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.

<

✖