Wikilix
Ontega logo

Ontega

Offshore
Vanuatu
,
Since 2016
Last Updated:
17/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
100
Account Types
Standard

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

Bank Transfers

bank transfer
3 days
Fee:
Free
Fee:
Free

E-wallets

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrencies

crypto
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 35%, 3: Software 0%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
4%Poor
License
35%Poor
Software
0%Poor
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:Securcap Securities Limited
Founded:2016
Headquarters:Vanuatu
Enterprise Offices:N/A

Customer Support

Phone:
+234 12278918
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

Overview of Ontega

Ontega is a financial services provider that offers access to forex and CFD trading as well as access to various other financial markets through its own proprietary web-based trading platform. Ontega’s electronic trading environment allows customers to trade 24 hours a day, 7 days a week, while also providing education, training and a customer support team located around the world. ([Ontega][1])

Ontega Company History

Ontega’s website has been online and promoted for at least a few years as a trading website that features a web-based trading platform with access to live charts, order execution capabilities, and risk management tools such as stop-loss and trailing stop-loss orders. The site offers both desktop and mobile versions of its trade platform that do not require downloading or installation of any third-party software. ([Ontega][1])

Regulatory Oversight/Licensing of Ontega

Ontega’s website states that it has been registered with Green Pole Ltd. as a retail forex broker, under the number of the license that Ontega claims to have with the Vanuatu Financial Services Commission (VFSC). Sources from independent parties have verified that there is no evidence provided by Ontega to support its existence or the validity of any of the information that is currently listed on the VFSC website, therefore OnOntega is an online brokerage that allows its customers to trade a wide range of financial instruments, including foreign exchange (forex), commodities (such as gold and silver), stock indices, equity shares and CFDs (contracts for difference), and cryptocurrencies. All of these products can be traded using margin (borrowed money), and the amount of leverage available will depend on the instrument being traded. Instruments traded with leverage include forex and commodities, with forex offering the highest level of leverage (up to 1:200).

The company does not currently provide a comprehensive list of different account types or trading account tiers. However, according to several sources, the minimum deposit required to open an Ontega account is approximately $200.

In addition to offering access to a wide range of markets and products, Ontega also provides its customers with a proprietary trading platform. The platform is web-based and can be accessed via any web browser on both desktop and mobile devices. Customers are able to place their trades using various types of orders and access data and charts created during their trading sessions; however, the platform does not currently support either the MetaTrader 4 or MetaTrader 5 trading platforms.

Ontega is not recognised as a licensed financial institution by any major financial authority and has not substantiated its claim to hold a licence issued by the Virgin Islands Financial Services Commission (VFSC). Therefore, it is important to be cautious when dealing with unregulated brokers and to take this into consideration when deciding whether or not to open an account. Based on independent review sites and user-generated content, there are frequent reports of problems involving fund withdrawals and responsiveness of customer support, as well as complaints regarding the company’s overall trading environment.

For more information about Ontega, please visit their official website at [https://www.ontega.com/]

Regulatory Licenses

Compliance & oversight

1 license
Seychelles
FSATier 3
Seychelles#SD012
License Details
Type:Dealing in securities
License #:SD012
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

1 type
Standard
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
1
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:USD 200
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Deposits and withdrawals must be made using the same credit/debit card. Available in regions where credit/debit card payments are accepted.
Bank Transfers
Bank Transfer3 min
Deposit
Fee:Free
Min:USD 200
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Deposits and withdrawals must be made using the same bank account. Available in regions where bank transfers are supported.
E-wallets
E-WalletInstant
Deposit
Fee:Free
Min:USD 200
Max:N/A
Withdrawal
Fee:Free
Min:USD 5
Max:N/A
Deposits and withdrawals must be made using the same e-wallet account. Available in regions where e-wallet services are offered.
Cryptocurrencies
CryptocurrencyInstant
Deposit
Fee:Free
Min:USD 200
Max:N/A
Withdrawal
Fee:Free
Min:USD 5
Max:N/A
Deposits and withdrawals must be made using the same cryptocurrency wallet. Available in regions where cryptocurrency transactions are permitted.
4
Free Deposit
4
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Ontega: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Ontega at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Ontega

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

1 platform

Comments

Share your thoughts and experiences with Ontega