We offer online discount brokerage on over 100 market centres in 23 countries. Trade stocks, options, futures, forex, bonds, ETFs, CFDs and commodities including physical gold. OneTRADEx accounts utilize an integrated approach making it easy to trade global products on multiple exchanges and assets denominated in multiple currencies all from a single account. OneTRADEx provides a tax-neutral offshore trading account to offshore residents as well as expatriate and institutional investors around the world.
EASY SET UP
We provide online account opening with timely administrative response to help you open and fund your account quickly and easily. Minimum account opening deposit is USD5,000, and we are able to accept international investors including non-resident U.S. and Canadian clients.
OneTRADEx is one of 19 fully licensed Broker Dealers regulated by the Cayman Islands Monetary Authority and has been further vetted by FINRA and the CFTC in the United States, to put this into context there are over 2,000 unregulated and unlicensed exempted companies in Cayman offering financial services. See list here www.cimoney.com.ky/regulated_sectors/reg_sec_ra.aspx?id=284 OneTRADEx does not trade on an Omnibus basis all client investments are maintained in segregated custodial accounts, each client has a unique account number and online login that allows for 24/7 access and monitoring of their account. This is VERY important aspect of our business plan because if anything was to happen to OneTRADEx Ltd. the clients accounts are not subject to any liquidation as the assets are not commingled.
OneTRADEx banks with Fidelity Bank (Cayman) Limited, a Category A bank regulated by the Cayman Islands Monetary Authority.
Through our custodial agreement client securities accounts at OneTRADEx are protected by the Securities Investor Protection Corporation (“SIPC”) for a maximum coverage of $500,000 (with a cash sub-limit of $250,000) and under an excess SIPC policy with certain underwriters at Lloyd’s of London for up to an additional $30 million (with a cash sublimit of $900,000) subject to an aggregate limit of $150 million. Futures, and options on futures are not covered. As with all securities firms, this coverage provides protection against failure of a broker-dealer, not against loss of market value of securities.
With equity trades as low as USD 9.95, you can be in and out of a trade for less than 1%. OneTRADEx does not charge custody or account management fees, and we offer competitive margin rates (currently less than 3% with a qualifying account equity balance).
OneTRADEx offers access to a broad range of news, research, market data and trading tools. For example a U.S. market data bundle is available for $10.00 per month providing market data for stock, and futures products on the AMEX, CBOT, CME (Globex), NYSE, and NASDAQ. The fee for the bundle will be waived after 30 or more trades in a month. (Charges are slightly higher for professional accounts).
Technology and support
We provide an award winning online trading platform for your offshore investments. You can execute trades online via your web browser (OneTRADEr), desktop trading platform (OTX) or mobile application (Handy Trader).
OneTRADEx support staff are also available for assistance to place orders by telephone. Our trading system searches for the best price available at the time of your order, and routes and re-routes all or parts of your order to achieve optimal execution. Clients can access real time account balances and instant statement and reports 24/7.