on fin

According to WikiFX data, on fin has a core score of 2.09 and is classified as Not Regulated. The brand operates under the name on fin, with the full name OnFin Ltd, a registered region of Comoros, and an operating history of 2-5 years. WikiFX assessment indicates that no active regulatory license is listed for on fin. Regulatory protection would depend on the specific legal entity, license status, product, and client jurisdiction. A score, operating history, or brand popularity should not be treated as a guarantee of safety or reliability. On the basis of this information, on fin cannot be objectively characterized as safe and reliable; users should conduct independent due diligence and review the relevant terms and entity-specific protections.

According to WikiFX data, on fin is classified as Not Regulated. The Forex License section lists no items, and no abnormal licenses are shown. No specific regulatory license details are currently publicly specified. Therefore, on fin does not currently show an active regulatory license in WikiFX data.

According to WikiFX data, the listed account entry conditions are $100 for the COPY account, $100 for the STANDARD account, and $50 for the ECN account. The lowest listed account minimum deposit is therefore $50, for the ECN account. Some deposit methods also show their own minimum amounts, which vary by payment channel.

According to WikiFX data, on fin supports both MT4 and MT5. The software verification result lists 2 MT4 counts and 1 MT5 count, with entries labeled Full License MT4 and Full License MT5.

Pros: 1. on fin supports both MT4 and MT5 and offers multiple account types, including COPY, STANDARD, and ECN, with features such as floating spreads, EA support, scalping, and Islamic account options. Cons: 1. WikiFX classifies on fin as Not Regulated, and no Forex license items are listed. 2. The core score is 2.09 and the risk control index is 2.7, indicating a relatively weak risk profile. 3. WikiFX data includes a user exposure regarding withdrawal conditions, including a described requirement for high trading volume before withdrawal.

According to WikiFX data, user feedback for on fin includes both positive reviews and one exposure post. Multiple positive reviews mention platform stability, execution, customer support, and withdrawal speed. The exposure post raises concerns about withdrawal conditions, including a requirement described as completing high trading volume before withdrawal. These mixed reviews should be considered together when assessing the broker.

Due to the temporary lack of publicly available data, it is not possible to determine whether it is available in the United States. In general, to judge whether a broker can be used in a certain region, you can refer to the following aspects: 1. Regulatory qualifications: Check whether the broker is regulated by major regulators (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States). 2. Legal restrictions: Different countries and regions have different laws and regulations on forex and CFD trading. Some platforms may not provide services in certain regions. 3. Account opening information: Check whether the broker allows users from that region to register accounts. 4. Official announcements and customer service: Confirm the local usage policy through the broker's official website or customer service. 5. User feedback: Refer to other users' experience and complaints in that region. You can use the information above to judge its availability in the United States. At the same time, you can follow WikiFX updates on regulatory and availability data to get more accurate reference.

According to WikiFX data, on fin lists multiple deposit and withdrawal methods, including local payment channels, e-wallets, and cryptocurrencies. Deposits are generally listed as instant with a 0% charge for many methods, while withdrawals are generally listed as taking 1-5 work days with a 0% charge for many methods. Minimum amounts vary by method; for example, SticPay lists a 1 USD minimum, several crypto and local methods list 10 USD, AwPay lists 15 USD, and GrPay lists 50 USD. WikiFX data also includes one user exposure concerning withdrawal conditions, so the specific terms for each method should be reviewed before use.

According to WikiFX data, on fin lists three account types: COPY, STANDARD, and ECN. All three cover Forex, Metals, CFD indices, CFD commodities, and CFD stocks. The key differences are: COPY has a spread from 2.4, maximum leverage up to 1:1000, an outStockRatio of 20.0, and an entry condition of $100; STANDARD has a spread from 2.4, maximum leverage up to 1:3000, an outStockRatio of 20.0, and an entry condition of $100; ECN has a spread from 0.0, maximum leverage up to 1:1000, an outStockRatio of 40.0, and an entry condition of $50. All three are floating-spread accounts with minimum cash of 0.01, allow lock positions, scalping, and EA, and support Islamic accounts.

According to WikiFX data, maximum leverage varies by account type: COPY and ECN list leverage up to 1:1000, while STANDARD lists leverage up to 1:3000. These are high leverage levels, and high leverage can amplify both potential gains and potential losses. WikiFX also classifies on fin as Not Regulated, and the risk control index is 2.7, which suggests elevated risk considerations. Users should review the specific account terms and available risk controls before trading.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.