Basic Information
Registered Region 
Comoros
ComorosOperating Period
1-2 years
Company Name
OnFin Ltd
Customer Service Email Address
support@onfin.io
Contact Number
+995706770001
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
OnFin
Comoros
|
1-2 years
|
ECN Account
Suspicious Regulatory License
|
MT4 Full License
|
Global Business
|
High potential risk
https://onfin.io
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
OnFin-Live
Germany
10
Influence
C
Influence index NO.1
Russia 3.14MT4/5 Identification
MT4/5 Identification
Full License
10
Server Name
OnFin-Live MT4
Server Location Germany
GermanyInfluence
Influence
C
Influence index NO.1
Russia 3.14Surpassed 20.70% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+995 706 770001
support@onfin.io
https://onfin.io
Moheli Corporate Services LTD P.B. 1257 Bonovo Road, Fomboni, Comoros, KM
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
Funding
Related Software
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:1000
- SupportedEA
- Minimum Deposit$100
- Minimum Spreadfrom 2,4
- Depositing Method(13+) BTC BTC
- Withdrawal Method(8+)
- Minimum Position0,01
- Commission$0
- ProductsForex, Metals, CFD indices, CFD commodities, CFD stocks
Updated：
MT4/5
Full License MT4
Full License MT5
2
MT4 Servers
1
MT5 Servers
216.36
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
Meta Trader 5
Perfect
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Official website
Website
onfin.site
46.226.108.187- 46.226.108.187
Company Summary
| OnFin Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Comoros |
| Regulation | No regulation |
| Market Instruments | Stocks, currencies, commodities, cryptos, and indices |
| Demo Account | ✅ |
| Leverage | Up to 1:3000 |
| Spread | Fixed 2.4 pips (Standard account) |
| Trading Platform | MT4, MT5 |
| Minimum Deposit | $1 |
| Customer Support | Email: europe@onfin.io, hongkong@onfin.io |
| Twitter, Telegram, Instagram | |
| Regional Restrictions | The USA, DPRK |
OnFin ltd is registered and licensed in the island of mohsamli, Union of the Comoros. It offers ultra high-speed processing of orders (less than 1 ms) and spreads from 0.1 pips through MT4 and MT5 platform. It also offers many types accounts with different minimum deposit requirement. However, it is not regulated.
Here is the home page of this brokers official site:
Pros and Cons
| Pros | Cons |
| Security methods provided | No regulation |
| MT4 and MT5 offered | Regional restrictions |
| Various trading instruments | Commission charged |
| Demo accounts | |
| Multiple account types | |
| Low minimum deposit |
Is OnFin Legit?
OnFin claims they use secure connections technology (SSL). SSL-technology provides effective protection of information received from possible interception by third parties. However, they have no regulations.
What Can I Trade on OnFin?
OnFin offers stocks, currencies, commodities, cryptos, and indices trading.
| Tradable Instruments | Supported |
| Forex/Currencies | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type
For MT4, OnFin offers four account types: ECN, FIX, MINI, and COPY accounts. They require the minimum deposits of $50, $50, $1, and $100 respectively.
| Account Type | Minimum Deposit |
| ECN | $50 |
| Standard | $100 |
| Copy | $100 |
For MT5 trading platform, it offers three kinds of account types including ECN, Standard, and Copy accounts with minimum deposit of $50, $100, and $100 respectively.
| Account Type | Minimum Deposit |
| ECN | $50 |
| FIX | $50 |
| MINI | $1 |
| COPY | $100 |
Leverage
The ECN account comes with a leverage of 1:1000. The Standard account offers a higher leverage of 1:3000. Lastly, Copy accounts also have 1:1000 leverage.
| Account Type | Maximum Leverage |
| ECN | 1:1000 |
| Copy | |
| MINI | |
| Standard | 1:3000 |
| FX |
Besides, different trading instruments offer different leverages. For example,
| Asset Type | Fixed Leverage |
| Metals, Indices, Commodities | 1:10 |
| Shares | |
| Cryptocurrencies | 1:100 (BTC/USD, ETH/USD)/ 1:10 (other cryptocurrencies) |
| Shares | 1:1 |
OnFin Fees
OnFin ECN offers many accounts with different spreads and commissions.
| Account Type | Spread | Commission |
| ECN | From 0 pips | $4 per lot |
| Standard | Fixed 2.4 pips | 0 |
| ECN | From 0 pips | $4 per lot |
| FIX | From 3 pips | 0 |
| MINI | Fixed 2.4 pips | |
| COPY |
Trading Platform
OnFin offers MT4 and MT5 trading platforms.These platforms are not just simple trading tools; they are comprehensive ecosystems that a wide range of traders are available, from novices taking their first steps in the market to seasoned professionals with years of experience.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, iOS, Android | Beginners |
| MT5 | ✔ | Windows, iOS, Android | Experienced traders |
Deposit and Withdrawal
OnFin offers bank transfer, cards (Mastercard, Visa), and e-wallets to make a deposit and withdrawal. E-wallets include bitcoin, sticPay, Transfer yoomoney, USDT ERC20, and TRC20.
Deposit Options
| Deposit Options | Deposit Fee | Deposit Time |
| Bank transfer | 0 | 0.04 - 1 work days |
| Cards | ||
| E-wallets |
Withdrawal Options
| Withdrawal Options | Minimum Withdrawal | Withdrawal Fee | Withdrawal Time |
| Local withdraw Cambodia | 10 USD | 0 | 0.04 - 1 work days |
| AwPay | 15 USD | 1 - 5 work days | |
| Cards | 5-20 USD | ||
| E-wallets | 1000- 1,000,000 USD |
Keywords
- 1-2 years
- Suspicious Regulatory License
- MT4 Full License
- MT5 Full License
- Global Business
- High potential risk
News
Exposure Investing in OnFin? Absurd Withdrawal Conditions & Trade Manipulation May Spoil Your Trading Mood
Planning to invest in OnFin, the forex broker, which has been a nightmare for many forex traders? While withdrawal denials have remained perennial for them, trading manipulations, including the illegitimate disappearance of deposits, have put OnFin under the scanner. Traders have been vehemently expressing their frustration about the forex broker on various broker review platforms. In this article, we will share some complaints that made us expose this broker here.
Wiki Q&A
joalund 
1-2 years
What account types does OnFin offer?
OnFin offers multiple account types across both MT4 and MT5 platforms, including ECN, Standard, MINI, and COPY accounts. The ECN and COPY accounts require a $50 deposit, while the MINI account only requires $1, which is great for traders starting small. I find the flexibility in account types appealing, and I’d likely go for the MINI account to get started with minimal investment.
Broker Issues
Account
Leverage
Platform
Instruments
06-19
United States
WoodCrusher
1-2 years
Does OnFin have any cons?
OnFin’s major con is its lack of regulation. Without regulatory oversight, I’m concerned about the safety of my funds. Furthermore, the fixed spread of 2.4 pips on the Standard account seems a bit high, and the commission charges on the ECN account can add up quickly. The regional restrictions, especially in the USA and DPRK, might also limit access for some potential traders.
Broker Issues
Regulation
06-03
United States
Prash_007
1-2 years
Is OnFin regulated?
OnFin is not regulated. It is registered in the Comoros but does not have any valid regulatory oversight. As a trader, I always prioritize working with regulated brokers to ensure my funds are safe, so the lack of regulation in OnFin is a concern for me.
Broker Issues
Regulation
06-02
United States
Thanh Thao
1-2 years
What are the pros of OnFin?
OnFin has a few notable advantages. They offer a wide range of trading instruments like stocks, currencies, commodities, cryptos, and indices, which I find appealing for diversifying my portfolio. Additionally, they support both MT4 and MT5 platforms, which I personally prefer due to their user-friendly interfaces and advanced features. Their low minimum deposit requirement of $1 for the MINI account is another pro for new traders like me.
Broker Issues
Regulation
04-29
United States
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