Are there any fees or limitations when trading cryptocurrencies on Oanda's MT5 platform?

1 answers

• May 04, 2022 · 3 years ago
  Yes, there are fees and limitations when trading cryptocurrencies on Oanda's MT5 platform. Oanda charges a spread fee for each cryptocurrency trade, which is the difference between the buy and sell price. The spread fee may vary depending on market conditions and the specific cryptocurrency being traded. Oanda may also charge a commission fee for certain cryptocurrency trades. In terms of limitations, Oanda's MT5 platform may have restrictions on the maximum trade size or the number of open positions for cryptocurrencies. It's recommended to review Oanda's fee schedule and terms of service for detailed information on the fees and limitations associated with trading cryptocurrencies on their MT5 platform.
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