OneTrade Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of OneTrade trading signals. You will learn what kinds of trading signals OneTrade offers and what the conditions for using them are.

Short introduction of OneTrade

OneTrade is a financial services. Here at OneTrade traders can take advantage of the most competitive spreads as the company aggregates its liquidity from the leading banks, non-banks, MTF, and ECNs from all over the world. The company gives customers access to STP/DMA trading in Spot Forex, Metals, CFD indices, and Commodities. Therefore the company takes absolutely no risk due to the customers' trading operations.

💰 Account currency: USD, EUR, GBP
🚀 Minimum deposit: 100 USD
⚖️ Leverage: 1:100
💱 Spread: From 0.7 p
🔧 Instruments: Forex, Metals, CFD indices and Commodities.
💹 Margin Call / Stop Out: No

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that OneTrade does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

Do brokers offer premium subscriptions to signals?

In some cases, brokers may offer premium subscriptions.

Is automatic position opening based on signals possible?

Yes, it is what copy trading implies. In this case, all trades are copied automatically to the trader’s platform.

For what assets can trading signals be provided?

Brokers may provide trading signals for any asset, for example Forex, stocks, cryptocurrencies, etc.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.