Ontario FX Forex Broker

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.Pros & Cons ProsCons Various account typesWebsite unfunctional Flexible leverage ratiosNot regulated MT5 supportedHigh minimum deposit requirementIs Ontario FX Legit? No, Ontario has not been regulated by any notable authorities, which indicates that it carries higher risks.Account Type Account TypeMin Deposit BASIC$100 STANDARD$2,000 PREMIUM$5,000 MASTER$12,000 VIP$20,000Leverage 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, WebBeginnerDeposit and Withdrawal Popular payment options like bank transfers, credit cards, Skrill, Netelle, and WebMoney are promoted on the Ontario FX website.