OnEquity

Thanh Thao

1-2年

What is the minimum deposit for OnEquity?

WikiFX 回答

The OnEquity minimum deposit is quite low for the Plus account, at just $25. This is ideal for someone like me who is just starting out and doesn’t want to risk too much capital upfront. For more experienced traders who are looking for better spreads and conditions, the Prime account requires a $1,000 minimum deposit, while the Elite account has a higher deposit requirement of $10,000. I appreciate the low entry point for the Plus account, as it makes it easy for me to get started and test the platform without committing a large sum. However, if I’m looking for better conditions, such as tighter spreads, I would consider upgrading to the Prime or Elite accounts.

Broker Issues

OnEquity

Deposit

Withdrawal

08-12

美國

JV1s24K_g0ld

1-2年

What are the pros and cons of OnEquity in terms of regulation?

WikiFX 回答

The main benefit of OnEquity being regulated by the Seychelles FSA is that it operates within the law of Seychelles, which is a good starting point for me as a trader. The platform offers a range of trading instruments, including forex, commodities, and cryptocurrencies, which adds to its appeal. However, the downside is that Seychelles’ regulatory environment does not offer the same level of protection as more well-established regulatory bodies. From my perspective, I’d be cautious about trading significant amounts with OnEquity broker, as its offshore regulation can’t guarantee the same level of legal recourse or investor protection. While the OnEquity minimum deposit of $25 makes it accessible for new traders, the lack of robust regulation makes me hesitant about committing larger sums.

Broker Issues

OnEquity

Regulation

08-06

美國

Chris hagerman

1-2年

How much is the spread on OnEquity?

WikiFX 回答

OnEquity broker offers some of the most competitive spreads in the industry. For the Plus account, the spread starts from 1 pip, which is acceptable for casual traders. However, if I’m looking for tighter spreads, the Prime account offers spreads from 0.2 pips, and the Elite account offers spreads from 0.0 pips, which is excellent for active traders. I would personally opt for the Elite account if I’m executing a high number of trades, as the tight spreads and low commissions will save me money in the long run. However, the OnEquity minimum deposit for the Elite account is $10,000, which may be a bit steep for beginner traders. For those just starting out, the Plus account with a lower minimum deposit requirement might be a better option.

Broker Issues

OnEquity

Fees and Spreads

07-10

美國

Ashraf20

1-2年

What leverage does OnEquity offer?

WikiFX 回答

OnEquity offers different leverage levels depending on the asset class. For forex, leverage can go up to 1:500, which is great for traders like me who want to amplify their potential returns. However, I always make sure to use leverage responsibly, as it can amplify losses as well as profits. For metals and commodities, leverage is up to 1:400, while indices have a leverage of up to 1:200. For cryptocurrency CFDs, leverage is more conservative at 1:20 due to the higher volatility of digital assets. Personally, I prefer using lower leverage when trading volatile assets like cryptocurrencies, but for more stable assets like forex, I’m comfortable using higher leverage. OnEquity account types provide a range of leverage options that fit different trading styles.

Broker Issues

OnEquity

Leverage

Instruments

Platform

Account

06-25

美國