- Segregated accounts available for clients
- STP ECN broker
- This broker is unregulated
- Payment options do not include virtual wallets such as Skrill and Neteller
Reviewed broker: FxOnUs
Operated by MarketOnUs Ltd.
Established in 2016
Location: Marshall Islands
Trading Instruments: 45 forex currency pairs, cryptocurrency, CFDs and future for your personal investment and trading options
Supported languages: English, German, Spanish and French
The most important thing to keep in mind is that Fxonus is an unregulated broker from an offshore country. It claims to be regulated by Marshall Islands, however Forex activities are not regulated in this country. The license required for such activities in other jurisdictions is also not issued in the Marshalls.
No-Dealing Desk (NDD) : yes
Straight Through Processing (STP) model on an Electronic Communication Network (ECN) : yes
Segregated accounts for clients’ funds: yes
Trading Conditions and Features
Trading instruments: Forex, Global Equity CFDs, Indices, Commodities, Bitcoin and Litecoin (more than 470 tradable assets)
Base currency: EUR, USD, GBP, PLN, AED
Maximum leverage: 1:500
Trading of micro lots is allowed, for example a 0.01 lot, which is the equivalent of 1,000 base currency
spreads from 0.1 pips
Demo Accounts are active for 30 days
Spreads: The broker claims that average spreads are from 1.4 pips, however these are the just couple of examples of spreads listed on the website EURGBP 8 pips, EURJPY 9 pips, GBPUSD 25 pips
FXonUs Platform Review
Since its introduction in 2005, MetaTrader 4 (MT4) has become one of the top institutional grade trading platforms with different features suitable for all traders. It allows traders to personalize their trades by themselves through a user-friendly and highly customizable design. Besides, MT4 offers other functions including interactive charts, technical indicators, along with its ability to execute nearly instantly, thus supporting our traders to trade comfortably and confidently.
Market On Us connects the MT4 platform to the NY4 Equinix server located on Wall Street, New York, offering our clients a reliable and stable platform that can execute trades as fast as 2-5 milliseconds. The Equinix uses a range of Prime Liquidity providers to give traders access to the best bid/ask prices available since it allows them to trade directly with the market. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance our client’s Forex trading experience.
Furthermore, MT4 offers the help of automated trading robots Expert Advisors (EA), who can assist traders to reach their targets with their own trading style (please note that Market On Us does not provide EA programs to our clients). Besides, the platform offers ample opportunities to traders of all skill levels: advanced technical analysis, flexible trading system and algorithmic trading, as well as mobile trading applications. We also provide Virtual Private Server (VPS) hosting so our clients can be in peace of mind if their computers turn off.
- Multiple order types
- Market Watch Window
- Navigator Window
- Pre-installed indicators
- Analysis tools
- Multiple chart setups
- Automated trading
- Order execution capabilities
WebTrader is the online version of MetaTrader 5. MT5 web trading includes all of the power you would expect from an industry leader. Trade on a full-featured, browser-based platform compatible with all browsers and operating systems, no downloads or plugins required. It allows traders to access their MT5 account through any web browser and operating system (Windows, Linux, Mac), without needing additional software. You can access your Market On Us account and begin trading instantly. Only an internet connection is required.
- All the benefits of the MetaTrader 5 platform
- Trade from any device- desktop, laptop, tablet, and switch between devices seamlessly
- No download required
- Compatible with any web browser- Google Chrome, Mozilla Firefox, etc
- All transmitted data is encrypted- trade without worries
Payment methods: bank transfer, Help2pay, Paytrust, and Payment Asia (very scarce selection of payment options without virtual wallets such as Skrill or Neteller).
Minimum deposit: $50
You can submit a withdrawal request at any time. Please note that funds can only be withdrawn to a bank account in the same name as the trading account, i.e. if you have a company account you can’t withdraw funds to an account in the name of an individual.
Customer Support and education
Only email is listed on the broker’s website.
Forex Market Analysis offers advantageous and informative report to the clients.
ECONOMIC CALENDAR offers a glance at the upcoming important economic events posted. All the events are instantaneously updated once the data of the event is released, providing investors the latest and important information that benefits their trading decisions.
No bonuses are offered at the time of the review.
How was the rating of FX Onus performed compared to other brokers?
This 2024 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FX Onus FX broker performance and features.
Overall our online FX Onus review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online FX Onus or you find inaccurate details FX Onus broker review please get in touch with us and the changes will be applied.