Oanda High Profitability Explained by Interest Rate Payments

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Michael Greenberg analyzes the high trader profitability rate that Oanda reported and explains that the difference is made by the fact that Oanda pays interest rate to traders. This may explain that passive accounts are profitable, raising the profitability rate to positive, far off other brokers’ numbers. See it here.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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