Score

1.42 /10
Danger

Onderson

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.30

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Onderson

Company Abbreviation

Onderson

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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Onderson · Company summary

General Information & Regulation

Onderson registered address in the United Kingdom, Onderson provides online trading services for traders of CFD contracts in four categories: international futures, commodities, precious metals, stock indexes, etc. Anderson Europe Ltd is authorized and regulated by National Futures Association (NFA), with regulatory license number 0542135.

Market Instruments

Tradable financial instruments available on the Onderson platform include forex currencies (EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, NZD/USD, USD/CAD) oils, metal as well as indices.

Minimum Deposit

In terms of minimum initial deposit, Onderson does not make this part clear. Most legit brokers would requires traders to fund as low as $100 or even less to start a trading account.

Leverage

Onderson does not tell us the maximum trading leverage it offers. However, US-regulated broker can offer the leverage up to 1:50 to protect traders fund safety.

Spreads & Commissions

Onderson advertises that it offer low spreads with no commissions, but does not specify detailed spreads on particular instruments.

Trading Platform Available

Onderson offers traders the MT5 trading platform. MT5 is a powerful software featuring more than 20 timeframes, over 30 built-in indicators, integrated economic calendar, available for Windows, MacOS, Android and IOS devices.

Deposit & Withdrawal

Onderson does specify payment methods working with it. In most cases, most brokers allows traders to fund their accounts through Credit/Debit Card, Wire Transfer, as well as some e-wallets like Skrill and Neteller.

Customer Service

Onderson offers a poor customer support, and they can be only reached 24/5 through email: info@ondersongroup.com. Onderson website is available in three languages: Japanese, English and Chinese.

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