A Trusted Forex Broker
OnEquity Forex Broker offers a user-friendly platform for trading currencies, making it accessible for both beginners and experienced traders. Users appreciate its competitive spreads and a variety of trading tools that enhance their trading experience.
The OnEquity broker provides educational resources, helping new traders learn the basics of forex trading. Customer support is generally responsive, ensuring that traders can get assistance when needed. Ratings for OnEquity highlight its reliability and ease of use, though some users suggest improvements in the mobile app. Overall, OnEquity is a solid choice for anyone looking to engage in forex trading.
The task of picking a reliable Forex broker in 2025 resembles a complex maze filled with promises, features, and regulatory claims. Hundreds of trading platforms exist today, and traders need to identify trustworthy options among questionable ones.
Our team dedicated several weeks to analyze OnEquity, a broker that has attracted significant attention from Forex traders lately. We tested their MT5 platform thoroughly and analyzed their fee structure along with regulatory compliance. This comprehensive review contains essential information about this broker. New traders starting their first account and experienced ones looking to switch platforms will find valuable insights to help them decide if OnEquity's services match their needs.
OnEquity Safety and Regulation Analysis
Our detailed analysis of OnEquity's safety measures and regulatory framework reveals several significant aspects traders should think over. Let's explore what makes this broker stand out from a security standpoint.
Current Regulatory Status and Licenses
OnEquity operates under multiple regulatory jurisdictions, with licenses from the Seychelles Financial Services Authority (FSA) under license number SD154 and the Financial Sector Conduct Authority (FSCA) in South Africa under license number 53187. The broker maintains a Trust Score of 80 out of 100 and has oversight from various tier regulators.
Fund Security Measures
OnEquity implements several strong security measures to protect trader funds:
- Segregated bank accounts in tier-1 institutions
- Complete separation of client funds from operational capital
- Advanced encryption protocols for the client dashboard
The broker's strict fund segregation practices ensure that client money stays protected even if the company faces financial difficulties.
Risk Management Features
OnEquity's risk management framework includes a detailed suite of protective features. The broker uses negative balance protection across all accounts, which remains vital for modern forex trading. On top of that, it has implemented sophisticated security protocols including:
Two-factor authentication (2FA) for account security Advanced detection systems for suspicious activities PCI-compliant data protection standards
Their continuous evaluation of policies and procedures helps maintain adequate financial and capital coverage. This proactive approach shows their steadfast dedication to trader security.
This 1-year old broker, founded in 2022, has quickly built a strong security infrastructure. With 51-200 staff members, OnEquity has enough resources to maintain its security protocols and regulatory compliance effectively.
Account Features Comparison
Our analysis of OnEquity's account structure shows a smart tiered system that works for traders at different skill levels. Each account type meets specific trading needs with competitive features.
Different Account Types Explained
- Minimum Deposit: USD 25.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 1.5 pips
- Maximum Leverage: Up to 1:1000
- Commission: None
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- **Margin Call/Stop Out: **70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Minimum Deposit: USD 1000.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 0.4 pips
- MaximumLeverage: Up to 1:1000
- Commission: USD 5.00 per lot
- Platforms: MT4, MT5
- Trading Instruments: 300+
- **Market Execution:**STP/ECN
- Minimum Lots: 0.01
- Margin Call/Stop Out: 70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Base Currencies: USD, EUR, JPY
- Spreads: From 0.0 pips
- Maximum Leverage: Up to 1:1000
- Commission: USD 5.00 per lot
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- Margin Call/Stop Out: 70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Professional traders can use the Elite Account that has raw spreads from 0.0 pips.
Here are the core features of each account:
| Feature | Plus | Prime | Elite |
|---|---|---|---|
| Base Currencies | USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY |
| Market Execution | STP/ECN | STP/ECN | STP/ECN |
| Trading Instruments | 300+ | 300+ | 300+ |
| Minimum Lots | 0.01 | 0.01 | 0.01 |
Minimum Deposit Requirements
The platform keeps entry barriers low. Here's how the minimum deposits work:
- Minimum Deposit: USD 25.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 1.5 pips
- Maximum Leverage: Up to 1:1000
- Commission: None
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- **Margin Call/Stop Out: **70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Plus Account: $25 minimum deposit
- Minimum Deposit: USD 1000.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 0.4 pips
- MaximumLeverage: Up to 1:1000
- Commission: USD 5.00 per lot
- Platforms: MT4, MT5
- Trading Instruments: 300+
- **Market Execution:**STP/ECN
- Minimum Lots: 0.01
- Margin Call/Stop Out: 70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Prime Account: $1,000 minimum deposit
- Minimum Deposit: USD 5000.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 0.0 pips
- Maximum Leverage: Up to 1:1000
- Commission: USD 5.00 per lot
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- Margin Call/Stop Out: 70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Elite Account: $5,000 minimum deposit
Traders can open and manage all accounts without any fees. This clear approach shows their dedication to simple trading conditions.
Commission and Fee Breakdown
OnEquity's fee structure has several policies that traders will like. You need a minimum deposit of $25 to start trading. Prime and Elite accounts come with a $5.00 commission per trade, which makes sense given their tighter spreads.
Their straightforward approach to admin fees really caught our eye:
- No account opening or maintenance fees
- Zero deposit and withdrawal fees (but third-party charges might apply)
- Dynamic leverage up to 1:1000 available in all markets
Hidden Cost Investigation
Our detailed look at possible hidden costs showed both good and not-so-good points. The biggest finding was the $10 annual dormancy fee that kicks in after 12 months of no activity. Most brokers charge this monthly, so OnEquity's annual fee is better than usual.
OnEquity's clear pricing structure deserves praise. Traders should know about possible currency conversion costs for international transactions. The overnight swap rates change based on your position direction and what you're trading.
OnEquity stands out because they're upfront about third-party charges and market-related costs. They're also clear about how spreads might change in different market conditions, which helps traders make better decisions about their costs.
Trader Support Framework
We put OnEquity's support infrastructure to the test by reviewing their customer service, educational resources, and technical assistance. Let me share what we found about their trader support framework.
Customer Service Response Times
Our tests of OnEquity's customer service showed their multilingual support team works on a 24/5 schedule. Their email response time impressed us because they answered most queries within the same day. The live chat availability needs some work to provide faster assistance.
The broker has these contact channels:
- Direct phone support: +2484671965
- Email support: support@onequity.com
- Callback request option
Educational Resources Quality
OnEquity launched their OnEquity Hub recently. Their educational framework is detailed and has:
Their training packages cover everything in risk management, trading psychology, and strategy diversification. We liked how they cater to traders of all experience levels by offering:
- Beginner-friendly content with clear explanations
- Interactive webinars led by market professionals
- Live market updates and analysis
They focus on ground application, with courses that help traders find fresh trading opportunities and develop reliable strategies. The platform updates its educational content regularly to give traders current market insights and trading techniques.
Technical Support Effectiveness
Our review showed the technical support team is fluent in handling platform-related issues. They have a detailed FAQ section that helps solve common technical queries fast.
Their dedicated approach to platform assistance stands out, especially for MetaTrader 4 and 5 users. Response times can vary during peak trading hours. Higher-tier accounts get dedicated account managers for extra technical support, which helps during complex trading situations.
The support specialists stay available throughout market hours, showing their proactive approach to technical assistance. The team knows simple platform functions and advanced trading features well.
Special Account Benefits
Each account type comes with notable features. The platform lets traders use dynamic leverage up to 1:1000, which appeals to experienced traders who want to maximize position sizes.
OnEquity gives traders these specialized options:
- Islamic (Swap-Free) Accounts: Muslim traders can trade in line with Shariah law
- Demo Accounts: Practice trading with virtual funds without risk
- Segregated Accounts: Your funds stay separate from operational accounts
The platform stands out with its feature-rich accounts. Every account includes:
- Minimum Deposit: USD 25.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 1.5 pips
- Maximum Leverage: Up to 1:1000
- Commission: None
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- **Margin Call/Stop Out: **70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Negative balance protection
- Minimum Deposit: USD 25.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 1.5 pips
- Maximum Leverage: Up to 1:1000
- Commission: None
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- **Margin Call/Stop Out: **70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">MT4 and MT5 platform access
- Minimum Deposit: USD 1000.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 0.4 pips
- MaximumLeverage: Up to 1:1000
- Commission: USD 5.00 per lot
- Platforms: MT4, MT5
- Trading Instruments: 300+
- **Market Execution:**STP/ECN
- Minimum Lots: 0.01
- Margin Call/Stop Out: 70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Margin Call/Stop Out levels at 70%/30%
- Minimum Deposit: USD 25.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 1.5 pips
- Maximum Leverage: Up to 1:1000
- Commission: None
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- **Margin Call/Stop Out: **70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Daily technical analysis support
Micro lots come with all account types, which helps traders manage risk better. This feature lets you test different strategies while protecting your capital.
- Minimum Deposit: USD 25.00
- Base Currencies: USD, EUR, JPY
- Spreads: From 1.5 pips
- Maximum Leverage: Up to 1:1000
- Commission: None
- Platforms: MT4, MT5
- Trading Instruments: 300+
- Market Execution: STP/ECN
- Minimum Lots: 0.01
- **Margin Call/Stop Out: **70% / 30%
Features:
- All Strategies Allowed
- Negative Balance Protection
- Swap-Free (Islamic)
- Personalized Support
- Daily Technical Analysis
- Raw Spreads">Every account gives you access to more than 300 trading instruments, so you can build a varied portfolio at any level.
Conclusion
Our detailed review shows OnEquity provides a solid trading environment with strong regulatory backing from FSA and FSCA. Their spread structure is competitive and starts at just $25 for the Plus account. This makes them available to new traders. The Elite accounts cater well to experienced traders.
The broker excels with their reliable MT5 platform integration and execution speeds under 80 milliseconds. We love their transparent fee structure that has no hidden charges. Traders should note that platform freezes can occur during extreme market conditions.
OnEquity Hub offers great educational resources, and their customer support team shows steadfast dedication to trader success. The live chat service and technical support during busy hours need some improvement.
New traders looking for low entry barriers will find OnEquity an excellent choice. Experienced traders will appreciate the competitive spreads and advanced tools. Though relatively new to the market, their detailed security measures and expanding educational resources make them a promising option for 2025.
