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Ontario FX -

Score

1.40 /10
Danger

Ontario FX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://ontariofx.com

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Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Ontario FX

Company Abbreviation

Ontario FX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Ontario FX · Company summary

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

Ontario FXReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex
Demo Account/
LeverageUp to 1:1000
SpreadFloating from 0 pips
Trading PlatformMT5
Min Deposit$100
Customer SupportTel: +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.

Ontario

Pros & Cons

ProsCons
Various account typesWebsite unfunctional
Flexible leverage ratiosNot regulated
MT5 supportedHigh minimum deposit requirement

Is Ontario FX Legit?

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

No license

Account Type

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

Leverage

Account TypeLeverage
BASIC1:1000
STANDARD1:1000
PREMIUM1:700
MASTER1:300
VIP1:200

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 PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced trader
MT4❌Desktop, Mobile, WebBeginner

Deposit and Withdrawal

Popular payment options like bank transfers, credit cards, Skrill, Netelle, and WebMoney are promoted on the Ontario FX website.

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星宇6914
more than one year
The loading speed of Ontario FX's website is too slow. I don't know if it is because the server is too far away from me. I don't dare to trade here rashly, it would be bad if my trading speed is so slow.
The loading speed of Ontario FX's website is too slow. I don't know if it is because the server is too far away from me. I don't dare to trade here rashly, it would be bad if my trading speed is so slow.
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2023-03-01 18:18
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