Ontario FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 17:36

Abstract：Based in the UK, Ontario is an unregulated internet marketplace. It provides flexible leverage ratios up to 1:1000 and five different account types to choose from. The available trading platform is MT5 and the minimum deposit requirement to open a live account is $100.

　　Note: Ontario FX's official website: https://ontariofx.com/ is currently inaccessible normal.

Ontario FXReview Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex
Demo Account	/
Leverage	Up to 1:1000
Spread	Floating from 0 pips
Trading Platform	MT5
Min Deposit	$100
Customer Support	Tel: +65 873827282
	Email: support@ontariofx.com
	Company Address: 4460-54 srmon Street, De-hary HL11 United Kingdom

　　Based in the UK, Ontario is an unregulated internet marketplace. It provides flexible leverage ratios up to 1:1000 and five different account types to choose from. The available trading platform is MT5 and the minimum deposit requirement to open a live account is $100.

Pros & Cons

Pros	Cons
Various account types	Website unfunctional
Flexible leverage ratios	Not regulated
MT5 supported	High minimum deposit requirement

Is Ontario FX Legit?

　　No, Ontario has not been regulated by any notable authorities, which indicates that it carries higher risks.

Account Type

Account Type	Min Deposit
BASIC	$100
STANDARD	$2,000
PREMIUM	$5,000
MASTER	$12,000
VIP	$20,000

Leverage

Account Type	Leverage
BASIC	1:1000
STANDARD	1:1000
PREMIUM	1:700
MASTER	1:300
VIP	1:200

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, Mobile, Web	Experienced trader
MT4	❌	Desktop, Mobile, Web	Beginner