Founded in 2018, with offices in Cyprus and Vanuatu, Ontega is a retail trading broker that gives traders the opportunity to trade forex, indices, shares, cryptocurrencies, commodities, CFDs, and other financial instruments online. Trades are executed on the broker’s proprietary trading platform that is available only in the web version. Traders also benefit from a variety of trading and learning tools for a better trading experience. The least deposit required to operate a live trading account is $200, and they charge low commission fees of 0.1% on trades whilst offering leverage of up to 1:200.
Ontega Review Introduction
In this Ontega review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Ontega.
Ontega Platforms & Tools
The broker provides traders with the Ontega trading platform, a proprietary trading platform that is developed for trading the offered instruments. The platform is fully customizable to enable traders to set it up the way that best suits them. It is built with a selection of useful trading tools for a hitch-free trading experience. Ontega presents its trading platform as a web platform that can run directly on Chrome, Safari, Firefox, Edge, and other modern web browsers. So, you don’t need to first install an application before accessing the markets.
Traders also benefit from some standalone trading tools that are provided on the broker’s website. An example is the Ontega AutoChartist, which is a powerful technical analysis tool that helps to filter big amounts of data, identify chart patterns, and try to anticipate future price movements with relative ease.
Ontega Research & Education
There is a good collection of educational resources on the broker’s website that are designed to keep traders informed on the latest happenings in the financial markets. These include market news, trading articles, announcements, and more.
Ontega Trading Accounts
Ontega offers one live trading account option, and the minimum deposit required to operate a live trading account is $200. There is a demo account for practice purposes.
Ontega Account Funding
The broker accepts the following payment methods for both account deposits and withdrawal purposes: bank transfer, credit/debit cards, and electronic payment processors.
Some payment methods may not be available in specific countries, whereas the transaction processing time may vary depending on the payment provider or method.
Ontega Customer Service
Ontega provides traders with a professional customer support team that is always ready to respond to their general, technical, and account-based inquiries. The support team can be contacted via the following contact channels: telephone, email, social media, and more.
Ontega is owned and operated by Green Pole limited, which is authorized by the Vanuatu Financial Services Commission with license number 14627. The brand is also operated by Rehoboth Ltd, with registration number 370840 in Nicosia, Cyprus.
Ontega Review Summary
Ontega is an online forex broker that gives traders access to trade more than 97 financial assets via the Ontega Trading platform that is available as a WebTrader. The broker makes available a selection of useful trading tools, whilst providing a client support team to assist traders. The least deposit required to operate a live trading account is $200. The broker charges low commission fees of 0.1% on trades and offers leverage of up to 1:200.
It is worth mentioning that some of the trading products and services in this Ontega review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Ontega broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.