OnEquity Review 8
Despite OnEquity's claim of "instant deposits and fast withdrawals with no hidden fees," my recent experience was anything but transparent. Their FAQ states, "We don't charge any additional fees for depositing or withdrawing funds," yet I was charged over 3% on a $10,000 withdrawal - more than $300 lost. This unexpected cost felt like a blatant contradiction of their advertised no-fee policy. When I contacted customer support, their explanation was vague, offering no meaningful resolution. The entire ordeal made me question their honesty, as it shows they may not practice the transparency they preach. If you value straightforward, reliable transactions, I suggest looking elsewhere.
Onequity broker has canceled my profits, claiming abuse of hedging. However, Onequity cannot prove that I engaged in abuse hedging. This is merely an excuse not to pay my profits. Initially, Onequity requested a selfie, which I provided. But in the end, they canceled my profits and only returned my initial deposit. In this case, I have been greatly disadvantaged by Onequity. Now I can no longer access my cabinet, and my trading account has been deleted. However, I have saved the screenshots. Be cautious with Onequity; they don’t pay out profits.
I saw an activity on their website offering 100% bonus on deposits, with no indication that the promotion was unavailable in China. After depositing, I was informed that the region of China could not participate in this promotion. I then placed two trades and proceeded to withdraw funds. There was no notification about a withdrawal fee being charged. I withdrew $500 but only received $486 in my account, which felt deceptive. The manager stated that a fee is charged for all cryptocurrency transactions, but those of us who use USDT know that the fee should only be $1. The manager also suggested that I make a larger deposit and he would communicate with his superior to refund my transaction fees.
OnEquity has got some seriously good customer support! Their team is knowledgeable, friendly, and always willing to go the extra mile to help. And their trading assets are diverse and offer traders plenty of opportunities to grow their portfolios.
Loving vast product options! ♥♥♥From EU/US stocks to commodities, it has got it all. The platform's user experience is top-notch, no downtimes, no hiccups, just pure trading bliss!
The Forex trading journey with OnEquity felt like a rollercoaster ride—mostly, the downward slides! First off, they're like an untamed horse with no regulations whatsoever! Trusting them with my hard-earned money felt like putting the cat among the pigeons. Coming to the trading conditions—imagine going to an all-you-can-eat buffet, only to find the food stale and unappetizing! That's how their trading conditions felt like. The spreads were as high as the Burj Khalifa, giving me more downs than ups in my trades. The commissions were more like a rip-off! Their trading platform? More like navigating through a tech relic from the '90s. The chance of making a timely trade seemed to be as rare as hen's teeth with the abominable order execution speed. It's Forex trading for God's sake, not a leisurely stroll in the park!
Let me start off by saying that my experience with OnEquity has been frustrating, to say the least. I jumped on the OnEquity wagon after coming across their persuasive marketing promises. Let's just say, the reality has been, unfortunately, nothing close to their claims. First things first, browsing on their website, I was taken aback when I realized these folks don't even have a proper regulatory approval, which in my book is a red flag, waving big and bold. The fear of not having that regulatory safety net to fall back on? Man, it gives you chills! Now, stepping into their trading conditions, it was like walking into a house of mirrors - confusing and misleading. Their spreads? About as wide as the Grand Canyon, which ate a good slice of my trades. The order execution was not the "lightning fast" they claimed. Let's just say, I've seen sloths move faster! Worse still, their trading platform is nothing short of a nightmare - laggy and prone to freezing, especially during high volatility which is the exact time you want it to perform its best. And don't even get me started on the withdrawal process. It felt like trying to squeeze water from a rock!
Elite account, which I initially wanted to try, comes with a minimum deposit of $10,000. Despite my negotiations, no discounts were offered on this steep deposit requirement. So I gave up.
