OnFin broker review: features and customer feedback
Brokerage companies play an important role in the financial markets, providing access to investment opportunities for a wide audience. Among them, OnFin stands out – a broker that has gained recognition due to its professionalism and reliability.
OnFin broker offers a wide range of services, from stock and bond trading to portfolio management advice. In this review, we will look at the key characteristics of OnFin broker and customer feedback about working with this platform.
General information about OnFin broker
OnFin is a modern financial company specializing in online trading and investments. Founded in 2015, it has won the trust of its clients due to its professional approach and innovative technologies. OnFin provides access to a variety of financial instruments, from stocks and currencies to commodities and cryptocurrencies.
- Year of foundation: 2015
- Registration and license: registered in Comoros, regulated by the Mwali International Services Authority.
- Available accounts: demo and live accounts with deposits starting from $1
- Educational materials: webinars, video tutorials and analytical reviews to improve skills
Registering and working with the OnFin platform
Registration on the OnFin platform is simple and requires filling out a form with personal data. After confirming and verifying the account, users can choose one of the available accounts: a demo account for training or a real one for trading on financial markets.
The platform offers a wide range of assets, including currency pairs, commodities, stocks and cryptocurrencies. A variety of trade types are also available, and built-in charts and analytics help to make informed decisions.
Registering and working with the OnFin platform
Registration on the OnFin platform is simple and requires filling out a form with personal data. After confirming and verifying the account, users can choose one of the available accounts: a demo account for training or a real one for trading on financial markets.
The platform offers a wide range of assets, including currency pairs, commodities, stocks and cryptocurrencies. A variety of trade types are also available, and built-in charts and analytics help to make informed decisions.
OnFin Trading Terms
OnFin’s trading terms offer traders flexibility and competitive conditions:
- Floating spreads: from 0 to 2.5 pips, depending on account type
- No commissions for trading operations
- Leverage up to 1:1000, which allows to increase potential income with a conscious approach.
For active traders, commissions per lot start from $4, which makes the conditions attractive for large transactions. These parameters make cooperation with OnFin broker convenient and profitable for traders of all levels.
Available trading tools and assets
OnFin offers over 260 instruments for traders including:
- Forex currency pairs
- Metals, commodities, indices and international stocks
- Cryptocurrencies and CFDs
The platform supports MetaTrader 4 and MetaTrader 5 (MT4 and MT5), allowing you to use powerful tools to analyze and automate your trading. A mobile application is also available, allowing traders to monitor the market and manage their accounts at any time.
CopyTrading for the convenience of beginners
One of OnFin’s popular features is CopyTrading – the ability to copy trades of successful traders. This is especially useful for beginners, as it allows them to automatically repeat the actions of professionals, increasing the chances of successful investments.
Users can select traders by rating and profitability, as well as customize the parameters of automatic copying of trades. This helps to diversify the portfolio without the need for in-depth market analysis.
Security and data protection
OnFin provides a high level of data protection, using SSL encryption for secure transmission of information. Account verification reduces the risk of fraud, and all transactions on the platform are protected at every stage.
OnFin Customer Support
OnFin’s customer support is available 24 hours a day, 7 days a week via chat, email and phone. Users can ask for advice and assistance, as well as use phone dealing to close deals.
OnFin broker reviews
Many real reviews about OnFin emphasize the convenience of the platform, its functionality and high level of customer support. Clients positively evaluate the variety of tools and the simplicity of the interface.