Ontario FX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.ontariofx.com/regi.aspx, about the company's legal and temporary regulatory information, the company's address 4460-54 srmon Street, De-hary HL11 United Kingdom.
Ontario FX Forex Broker
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: Ontario FX's official website: https://ontariofx.com/ is currently inaccessible normal.
Ontario FXReview SummaryBased 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 |
Deposit and Withdrawal
Popular payment options like bank transfers, credit cards, Skrill, Netelle, and WebMoney are promoted on the Ontario FX website.