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Frequently Asked Questions
Here you can find the answers to the frequently asked questions from our traders.
If the answers we have provided here do not meet your requirements, please feel free to contact us.
We would be more than happy to assist you further.
Trading Related
OnEquity offers a comprehensive selection of trading products that provide you with access to the worlds most sought-after exchange markets, ensuring you have the best trading prospects around the clock.
Our range of markets include Forex currencies, Commodities and Metals, Indices, Stocks and Cryptocurrencies.
For more details regarding the markets we offer, click here.
Our platform does not provide fixed spreads since we do not manipulate market conditions or client orders. Therefore, all tradable products on our platform have variable spreads.
By utilizing leverage, you can decrease the required margin for each position opened. Essentially, the greater the leverage you have, the less margin capital is necessary in your account to execute a trade.
When trading with OnEquity, leverage can get up to 1:500 depending on the market involved.
Click here for more information regarding Leverage and how it can affect your account.
You may change the leverage settings of your account through our secure client area.
A lot is a standardized unit of measure of a financial instrument that is traded on a market. OnEquity offers Micro lot size on all trading account types.
Slippage occurs when there is a disparity between the requested price of a pending order or trade and the actual execution price.
This disparity can be attributed to several factors, such as low liquidity, high volatility, and gaps in the markets (which refers to a situation where there is a discontinuity between the available tradable prices).
OnEquity provides online trading on both MetaTrader 4 (MT4) and MetaTrader 5(MT5), the industry's most prominent trading platforms.
Absolutely. Our MT4 and MT5 mobile applications allow traders to manage their trading operations anytime and anywhere, from any Android or iOS device.
Yes you can. We allow Expert Advisors on our trading platforms, meaning you can create or automate your trading strategy with no restrictions.
No. Trading with OnEquity is commission-free meaning we do not charge fees on trades made on our trading accounts.
Account Related
Opening an account with OnEquity is fast and easy. Simply click here to start the registration process.
Once registered, you will be asked to provide identity and address verification documents.
We offer trading accounts on different base currencies available in GBP, USD, EUR, JPY.
All trading accounts can be opened, managed, and deactivated without incurring any fees.
We offer various account types that best suit your trading needs.
If you would like to learn more about the trading account packages we offer and the features included in each, please don't hesitate to click here for further information.
Yes, you can. To create an additional trading account, log in to our secure client area and request for an additional account.
Please note that you can have up to 3 trading accounts.
If you have sufficient funds in your trading accounts, you can transfer them between easily. Simply navigate to the Trading Accounts menu, and select the Internal Transfer option. Next, choose the sending and recipient accounts, as well as the amount you wish to transfer.
In order to start trading, you are required to make a minimum deposit of 25 USD. Trading activity will not be enabled until this amount of funds has been credited to your account.
While on login page, click on ‘Forgot Password’ and enter your registered email address. Further instructions on how to reset your password will be forwarded to you via email.
Normally, we don't impose fees on deposit or withdrawal transactions. However, there may be instances where we incur charges from third-party providers, which we reserve the right to pass on to our clients at our discretion.
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