Open OQtima Trading Account - Your Gateway to Forex & CFD markets Open OQtima Trading Account - Your Gateway to Forex & CFD markets

Differences: OQtima ECN+ vs OQtima ONE Account Types

OQtima, a renowned trading platform, offers two distinct account types to cater to various trading needs: the OQtima ECN+ and the OQtima ONE.

Each account type has unique features designed to suit different trading strategies and preferences.

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OQtima ECN+ Account

The OQtima ECN+ account is tailored for traders looking for tight spreads and ECN (Electronic Communication Network) conditions.

Key features of this account include:

  • Ultra-low Spreads: Starting from 0.0 pips, it’s ideal for high-frequency traders and those using scalping strategies.
  • Commission Charges: A commission of $3.50 is charged per side traded, making it suitable for traders who prefer lower spreads over commission-free trading.
  • Minimum Deposit: An accessible entry point with a minimum deposit of just $20.
  • High Leverage: Offering a maximum leverage of 1:1000.
  • Trading Features: Hedging, Expert Advisors (EAs), and scalpers are all welcome, providing flexibility in trading strategies.
  • Base Currencies: A wide range of base currencies including USD, EUR, JPY, GBP, CAD, CHF, SGD, ZAR.
  • Fees and Markets: No funding or withdrawal fees, access to 7 markets, and over 300 trading symbols.

Open OQtima ECN+ Account

OQtima ONE Account

In contrast, the OQtima ONE account is designed for traders who prefer a commission-free trading environment.

Its features include:

  • Spreads: Spreads start from 1.0 pips, slightly higher than the ECN+ account but still competitive.
  • No Commission: This account does not charge any commission on trades.
  • Minimum Deposit and Leverage: Similar to the ECN+ account with a $20 minimum deposit and up to 1:1000 leverage.
  • Trading Conditions: Like the ECN+ account, it allows hedging, supports EAs, and welcomes scalpers.
  • Currency Options and Fees: Offers the same base currencies as the ECN+ account and also features no funding or withdrawal fees.
  • Market Access: Traders have access to the same 7 markets and over 300 symbols.

Open OQtima One Account

OQtima ECN+ vs OQtima ONE Account Types

The primary differences between these two account types lie in their approach to spreads and commissions.

The ECN+ account is more suited for traders who prioritize lower spreads and don’t mind paying a commission, making it ideal for more experienced traders or those who trade large volumes.

On the other hand, the ONE account is perfect for traders who prefer a simple, commission-free trading structure, which might be more appealing to beginners or those trading smaller volumes.

Account Type OQtima ECN+ Account OQtima ONE Account
Spreads from 0.0 pips from 1.0 pips
Commissions $3.50 Per side traded Free of commissions
Min. deposit $20 $20
Max. leverage 1:500 1:500
Hedging Allowed Yes Yes
EA and Scalpers welcome Yes Yes
Base Currencies USD, EUR, JPY, GBP, CAD, CHF, SGD, AED, ZAR USD, EUR, JPY, GBP, CAD, CHF, SGD, AED, ZAR
Funding Fees $0 $0
Withdrawal Fees $0 $0
Markets 7 7
Total Symbols 300+ 300+
Sign Up Open OQtima ECN+ Account Open OQtima ONE Account

Go to OQtima Official Website

Conclusion

Whether you choose the OQtima ECN+ or the OQtima ONE account depends on your trading style and preferences.

Both accounts offer competitive conditions, including high leverage, a range of base currencies, and access to various markets.

With either account, traders can benefit from OQtima’s robust platform features, including deep liquidity, fast execution, and a wide range of trading instruments across Forex, indices, shares, metals, energies, cryptocurrencies, and ETFs.

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