About its history and mission
OnEquity is a new brokerage that was newly established to deliver groundbreaking and transparent trading solutions for clients globally. It has created a user-friendly platform that offers completion, a wide variety of financial instruments, and competitive conditions in trading.
- Founded
- —
- Headquarters
- Seychelles
- Address
- CT House, Office 6C, Providence, Mahe, Seychelles
- Website
- https://onequity.com
Strengths and Weaknesses
Strengths
- Robust Equinix data center
- Advanced MetaQuotes platforms
- Spreads as low as 0.0 pips
- Dynamic leverage options of up to 1:1000
Weaknesses
- Lack of top-tier licensing
- Limited asset offerings (300+)
- No TradingView support
- High entry barrier ($25)
Safety and Regulations
OnEquity operates as an offshore broker and is not regulated by some of the top-tier financial regulators; however, the accommodating factor is the transparency that the broker wants to maintain in the conduct of their business. There are segregated accounts for storing clients' funds for adding to their own securities. Also, the OnEquity offers protection from negative balances so that further deposit will not be lost other than that deposited in the account.
Regulators
- FSCA
- FSA
Instruments Available
Types of Accounts
Plus
- Minimum deposit
- $0
- Commission
- 1.5
- Available tools
- 0
- Leverage
- 1:1 to 1:1000
- Margin call level
- 70
- Stop-out level
- 30
Prime
- Minimum deposit
- $0
- Commission
- 0.4
- Available tools
- 0
- Leverage
- 1:1 to 1:1000
- Margin call level
- 70
- Stop-out level
- 30
Elite
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:1000
- Margin call level
- 70
- Stop-out level
- 30
Fees and Charges
Standard accounts receive 1.2 spreads inclusive on trades and have 0.0 on ECN accounts, which are charged for small commissions per trade on ECN Accounts. Details for the specialized swaps are already available on the platform for positions kept open during the night. Additionally, swap-free services are available for Islamic accounts. Inactivity charges kick in after a stipulated period has passed during which transactions have not been executed.
Trading Platforms
Customer Support
- Phone
- 2484671965
- Hours
- 24/5 - phone, email, chat
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
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Users reviews
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