on fin

joalund

1-2 سال

What account types does OnFin offer?

WikiFX جواب دیں

OnFin offers multiple account types across both MT4 and MT5 platforms, including ECN, Standard, MINI, and COPY accounts. The ECN and COPY accounts require a $50 deposit, while the MINI account only requires $1, which is great for traders starting small. I find the flexibility in account types appealing, and I’d likely go for the MINI account to get started with minimal investment.

Broker Issues

on fin

Instruments

Leverage

Account

Platform

2025-06-19

ریاستہائے متحدہ امریکہ

WoodCrusher

1-2 سال

Does OnFin have any cons?

WikiFX جواب دیں

OnFin’s major con is its lack of regulation. Without regulatory oversight, I’m concerned about the safety of my funds. Furthermore, the fixed spread of 2.4 pips on the Standard account seems a bit high, and the commission charges on the ECN account can add up quickly. The regional restrictions, especially in the USA and DPRK, might also limit access for some potential traders.

Broker Issues

on fin

Regulation

2025-06-03

ریاستہائے متحدہ امریکہ

Prash_007

1-2 سال

Is OnFin regulated?

WikiFX جواب دیں

OnFin is not regulated. It is registered in the Comoros but does not have any valid regulatory oversight. As a trader, I always prioritize working with regulated brokers to ensure my funds are safe, so the lack of regulation in OnFin is a concern for me.

Broker Issues

on fin

Regulation

2025-06-02

ریاستہائے متحدہ امریکہ

Thanh Thao

1-2 سال

What are the pros of OnFin?

WikiFX جواب دیں

OnFin has a few notable advantages. They offer a wide range of trading instruments like stocks, currencies, commodities, cryptos, and indices, which I find appealing for diversifying my portfolio. Additionally, they support both MT4 and MT5 platforms, which I personally prefer due to their user-friendly interfaces and advanced features. Their low minimum deposit requirement of $1 for the MINI account is another pro for new traders like me.

Broker Issues

on fin

Regulation

2025-04-29

ریاستہائے متحدہ امریکہ

sinopi

1-2 سال

What is the spread at OnFin?

WikiFX جواب دیں

The spread at OnFin depends on the account type. For the ECN account, the spread starts from 0 pips, but you have to pay a $4 commission per lot. The Standard account offers a fixed spread of 2.4 pips, which is on the higher side, in my opinion. If you’re looking for low-cost trading, the ECN account might be worth it, though the commission is something to keep in mind.

Broker Issues

on fin

Fees and Spreads

2025-01-10

ریاستہائے متحدہ امریکہ