Operating from Nicosia, Cyprus, Ontega is an online trading broker that provides traders with its in-house-developed platform for trading over 97 assets, including indices, shares, cryptocurrencies, commodities, and more. Traders also get access to a range of useful trading tools to help ensure a seamless trading process.
Ontega Review, Pros & Cons
- Advanced proprietary trading platform
- Over 97 financial assets
- AutoChartist & other useful trading tools
- A selection of educational resources
- No MetaTrader or cTrader platforms
- Limited account funding options
- No live chat support
- No USA clients
In this detailed Ontega review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Ontega is an online retail forex broker that gives traders access to trade a range of financial assets on the Ontega trading platform, along with some useful trading and learning tools. The broker offers competitive trading conditions, including reasonable fees, leverage of up to 1:200, and an initial investment requirement of $200. In addition to the learning tools provided, there is also a client support team to clarify things.
Ontega is owned by Green Pole Ltd, which is authorized by the Vanuatu Financial Services Commission with license number 14627 in conjunction with the Rehoboth Ltd, with registration number 370840 in Nicosia, Cyprus.
Ontega does not offer its services to residents of countries and jurisdictions where the use of such services would be contrary to local laws or regulations.
Some Ontega features and products mentioned within this Ontega review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with the Ontega trading platform, which is developed in-house to enable clients to trade the various available financial assets. It has a fully customizable interface, allowing you to set it up the way you want it, choose the tools, select the chart, and risk management tools. It is web-based and as such, it requires no downloads or installations and works seamlessly across all desktop and mobile devices. The Ontega trading platform has the following basic features:
- Stop Limit/Stop Loss/Trailing Stop
- Guaranteed Stop
- Free Email and push notifications on market events
- Price alerts and market updates
Ontega Trading Tools
Traders also benefit from a range of useful trading tools that are geared towards enhancing their trading experience. They include the Ontega Autochartist, which is a powerful technical analysis tool that helps to filter big amounts of data, identify chart patterns, and try to anticipate future price movements with relative ease.
The broker provides traders with a selection of educational resources that help to improve traders’ overall trading knowledge whilst keeping them informed on the latest happenings in the financial markets. These include market news, trading articles, announcements, and more.
The broker offers the following trading instruments: indices, shares, cryptocurrencies, commodities, and more.
Ontega Accounts & Fees
Traders are allowed to open a live trading account for trading purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Ontega review. It is imperative to ensure that you check and understand all of the latest information before you open an Ontega broker account for online trading.
Ontega has a dedicated support team that can be contacted through telephone, email, social media, and more.
Ontega Deposit & Withdrawal
Traders can deposit and withdraw funds with any of the following payment methods:
- Bank transfer
- Credit/Debit cards
Ontega Account Opening
To open a live trading account, tap the ‘Login’ button and click on ‘New User’ to fill the account application form, entering your email, password, and other relevant details. Then check the dialogue boxes and click on ‘Create an Account’ to submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Ontega is an online trading broker that is bent on giving traders the best trading experience with a proprietary trading platform, sophisticated trading tools, and educational resources. They offer about 97 financial assets across different asset classes. The required minimum deposit is $200, while the leverage of up to 1:400 is available.
CFDs trading carries a high degree of risk and may not be suitable for all investors. Please seek independent advice and ensure you fully understand the risks associated with leveraged financial trading before deciding to trade as you may lose some or all invested capital.