OnEquity

OnEquity Review 2024

by

OnEquity

Broker :

OnEquity

Founded :

2022

Headquarters :

Mahé Island, Seychelles

Trading Desk :

STP / ECN

Regulation

FSCA, FSA Seychelles

Email :

support@onequity.com

Website :

onequity.com

Forex margin trading involves substantial risks. 72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

4.4
Brokers Score
Brokers Rating : 4.4
Trust and Safety : 3.8
Commission and Fees : 4.0
Tradable Instruments : 4.5
Customer Support : 4.5
Education : 3.8
Account Types : 4.4
Trading Platforms : 4.7
Deposit and Withdrawals : 4.3

Accounts :

Plus, Prime and Elite

Max Leverage :

1:1000

Min Deposits :

$25

Base Currencies :

USD, EUR, JPY

Swap Free :

Demo Trade :

Copy Trading :

Commission :

$5 per lot

Hedging :

Scalping :

Platform :

MT4, MT5

Regulation :

FSCA, FSA Seychelles

Products :

Currencies, Stocks, Crypto, Indices, Commodities

Language :

English, Portuguese, Spanish, Arabic, Japanese, Malaysian, Vietnamese, Indonesian, German, French, Polish

Support :

24/7

Address :

CT House, Office 6C, Providence, Mahe, Seychelles

Funding Methods :

bank transfer
visa card
master card
Discover
skrill
neteller
crypto

OnEquity, established in 2022 and headquartered on Mahé Island, Seychelles, has rapidly positioned itself as a CFD broker offering forex, indices, commodities, shares, and cryptocurrencies. The platform, accessible through the widely recognized MetaTrader 4 and MetaTrader 5, has attracted attention due to its competitive spreads on major instruments, minimal account fees, and streamlined deposit/withdrawal processes.

A key focus for OnEquity is its PAMM services, catering to money managers and collaborating with Introducing Brokers. This strategic move expands the broker’s reach and offers additional revenue streams.

OnEquity has made a strong entry into the competitive CFD brokerage market, offering attractive trading conditions and a focus on PAMM services. By addressing the identified areas for improvement, particularly in account security, customer service, and educational content, OnEquity can solidify its position and attract a broader client base.

Pros

Fast Execution
No Hidden Fees
Dynamic Leverage
Research Tools
Low tight spreads
Automated trading
24/5 dedicated support
Fast deposit and withdrawals

Cons

Limited educational content

Regulation Details

OnEquity Ltd is incorporated in Seychelles as a Securities Dealer with License No. SD154, authorized by the Seychelles Financial Services Authority (FSA), adhering to the Consolidated Securities Act, 2007. Registration No. 810588-1.

OnEquity SA (Pty) Ltd, incorporated in South Africa, Company reg. 2021/321834/07, regulated by the Financial Sector Conduct Authority (FSCA) with FSP No. 53187.

OnEquity LLC, recognized by the Registrar of International Business Companies and the Financial Services Authority in St. Vincent and the Grenadines, Registration No. 286 LLC 2020.

ONEQ Global Ltd, registered in Cyprus, Company reg. HE 435383, located at Agias Zonis 22, Limassol, focusing on comprehensive service solutions within the OnEquity Group.

ONQ Pay Inc., a money service business license holder with company registration number BC1414574 and authorized by FINTRAC in Canada to provide foreign exchange dealing and money transferring; license number M23924381.

Trading Accounts

OnEquity offers several account types, including spread only and raw spread plus commission accounts. Demo and swap-free Islamic accounts are also available. Clients can choose between three account types: Plus, Prime, and Elite.

FAQs

Where is OnEquity based? OnEquity head office is situated at CT House, Office 6C, Providence, Mahe, Seychelles.
Is OnEquity good for beginners? Compare educational materials, chat support, and trading platform. OnEquity is more suitable for experienced traders then beginners.
How do I fund into an OnEquity account? You can fund your account with bank transfer, credit and debit cards, skrill, neteller, local APMs, and crypto.
What is the minimum Deposit for OnEquity? The minimum deposit is $25
What is the maximum leverage in OnEquity? The maximum leverage is 1:1000.
Does OnEquity offer a demo account? Yes, demo accounts are available via MT4 and MT5.
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