Oanda offers new core pricing model in Australia

Australian clients gain choice between spread-only pricing or reduced spread plus commission-pricing model

Map of Australia and New Zealand
Australian launch: Oanda aims to reduce costs for clients who trade often and in volume

Retail foreign exchange trading platform Oanda is strengthening its offering to Australian clients with the introduction of a core pricing model that enables more advanced clients to trade with a tighter spread plus a flat-rate commission.

Prior to the launch of the core pricing model in September, Oanda has been offering spread-only pricing with no trade commission or trade re-quotes. With the spread-only model, the spreads for EUR/USD or GBP/USD are as low as 0.9 or 1.0, respectively.

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