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OnEquity

Est. 2022 · Seychelles · Updated October 22, 2026

Demo Account Islamic Account Crypto Trading Affiliate Program Scalping Hedging
3.8
★★★★☆ Trust Score

OnEquity is a multi-asset institutional and retail brokerage firm founded in 2022 and based in Seychelles, known for its transparent trading environment, competitive conditions, and multiple industry awards.

Company
OnEquity Ltd.
Founded
2022
Headquarters
Seychelles
Regulation
FSCA, FSA Seychelles, FSC Mauritius
License No.
SD154
Min Deposit
$25
Max Leverage
1:1000
Spreads From
0.0 pips
Commission
From $0, up to $5 per lot
Platforms
MT4, MT5, OnEquity App
Account Types
Plus, Prime, Elite, Institutional
Base Currencies
USD, EUR, ZAR

OnEquity Pros & Cons

Pros

  • Dynamic leverage options up to 1:1000.
  • Spreads as low as 0.0 pips on Elite accounts.
  • Offers MetaTrader 4 and MetaTrader 5 platforms.
  • Includes commission-free trading options.
  • Provides PAMM accounts for copy trading.

Cons

  • Lacks top-tier regulatory licenses (e.g., FCA, ASIC).
  • Limited asset offerings with around 300+ instruments.
  • Higher minimum deposits for Prime ($1,000) and Elite ($5,000) accounts.
  • Some sources indicate no live chat, though contact methods are varied.

Trading Conditions

Tradable Instruments

OnEquity offers access to over 300 trading instruments across five major asset classes. Traders can engage with more than 40 Forex currency pairs, Spot Metals, a range of Commodities, CFDs on Stocks, global Indices, and over 15 CFDs on Cryptocurrencies.

Accounts & Platforms

Account Types

OnEquity provides three primary trading account types: Plus, Prime, and Elite, designed to suit different trading needs. The Plus account requires a minimum deposit of $25, offers commission-free trading, and spreads starting from 1.5 pips. The Prime account, with a $1,000 minimum deposit, features tighter spreads from 0.4 pips and a $5 per lot commission, catering to frequent traders. The Elite account, aimed at professional traders, demands a $5,000 minimum deposit, offering zero-spread trading with a fixed $5 per lot commission. All accounts include dynamic leverage up to 1:1000 and the option for a Swap-Free (Islamic) variant.

Opening an Account

Opening an account with OnEquity is a streamlined online process. Prospective traders need to visit the official OnEquity website, complete a registration form with their personal details, and then submit identity and address verification documents as part of the KYC (Know Your Customer) procedure. Once the verification is successfully processed, traders can activate their account by making the minimum required deposit of $25 and commence trading.

Trading Platforms

OnEquity offers robust trading capabilities through the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available across desktop, web, and mobile devices. These platforms are equipped with advanced charting tools, numerous technical indicators, and support for automated trading via Expert Advisors. Additionally, the broker provides a proprietary 'OnEquity App' for convenient mobile access. The trading infrastructure is supported by an Equinix data center, ensuring ultra-low latency execution for all accounts.

Deposits & Withdrawals

OnEquity generally maintains a policy of no fees on deposit or withdrawal transactions, although it reserves the right to pass on third-party charges. The minimum deposit to open an account is $25. Available funding methods include popular options like Neteller and Skrill, as well as bank transfers, with support for ZAR deposits via Swiffy. Deposits are typically processed instantly, while withdrawal processing times may vary depending on the chosen method.

Regulation & Safety

OnEquity operates under multiple entities and holds licenses from several financial regulators. OnEquity Ltd. is incorporated in Seychelles as a Securities Dealer with License No. SD154, authorized by the Seychelles Financial Services Authority (FSA). Additionally, OnEquity is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa and the Financial Services Commission (FSC) of Mauritius.

Company Information

OnEquity Review

OnEquity, established in 2022 and headquartered on Mahé Island, Seychelles, has rapidly positioned itself as a CFD broker offering forex, indices, commodities, shares, and cryptocurrencies. The platform, accessible through the widely recognized MetaTrader 4 and MetaTrader 5, has attracted attention due to its competitive spreads on major instruments, minimal account fees, and streamlined deposit/withdrawal processes.

A key focus for OnEquity is its PAMM services, catering to money managers and collaborating with Introducing Brokers. This strategic move expands the broker’s reach and offers additional revenue streams.

OnEquity has made a strong entry into the competitive CFD brokerage market, offering attractive trading conditions and a focus on PAMM services. By addressing the identified areas for improvement, particularly in account security, customer service, and educational content, OnEquity can solidify its position and attract a broader client base.

OnEquity Regulation

OnEquity Ltd is incorporated in Seychelles as a Securities Dealer with License No. SD154, authorized by the Seychelles Financial Services Authority (FSA), adhering to the Consolidated Securities Act, 2007. Registration No. 810588-1.

OnEquity SA (Pty) Ltd, incorporated in South Africa, Company reg. 2021/321834/07, regulated by the Financial Sector Conduct Authority (FSCA) with FSP No. 53187.

OnEquity LLC, recognized by the Registrar of International Business Companies and the Financial Services Authority in St. Vincent and the Grenadines, Registration No. 286 LLC 2020.

ONEQ Global Ltd, registered in Cyprus, Company reg. HE 435383, located at Agias Zonis 22, Limassol, focusing on comprehensive service solutions within the OnEquity Group.

ONQ Pay Inc., a money service business license holder with company registration number BC1414574 and authorized by FINTRAC in Canada to provide foreign exchange dealing and money transferring; license number M23924381.

Frequently Asked Questions

Is OnEquity a regulated broker?

Yes, OnEquity is regulated by the FSCA (South Africa), FSA (Seychelles), and FSC (Mauritius), operating under License No. SD154 for its Seychelles entity.

What is the minimum deposit for OnEquity?

The minimum deposit to open a Plus account with OnEquity is $25, allowing access to commission-free trading.

What trading platforms does OnEquity offer?

OnEquity provides traders with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with its own proprietary OnEquity App.

Does OnEquity offer Islamic accounts?

Yes, OnEquity offers Islamic (swap-free) account options across all its account types, adhering to Sharia law.

What is the maximum leverage available?

OnEquity offers dynamic leverage up to 1:1000, allowing traders to amplify their trading power across various instruments.

Are there fees for deposits and withdrawals?

OnEquity generally does not charge fees for deposits or withdrawals, though third-party charges may apply.

Final Verdict

★★★★☆ 3.8/5

OnEquity, established in 2022, presents a competitive offering for a broad range of traders, featuring tight spreads from 0.0 pips and high leverage up to 1:1000. While its regulatory framework includes the FSCA, FSA Seychelles, and FSC Mauritius, traders seeking top-tier global regulation might consider this a drawback. The availability of industry-standard MT4 and MT5 platforms, alongside a proprietary app, PAMM accounts, and an Islamic option, makes OnEquity a versatile choice for those prioritizing cost-effectiveness, diverse platforms, and a comprehensive range of trading instruments.

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