BrokersView

Search
Download
English
Sign In

ontega

Newest

Popular

Is Ontega a scam?
fekingpissedoff
Seychelles
2023-08-22
ANSWER Yes, Ontega is a scam.While Ontega provides details about its regulatory status on its website, our research on this broker uncovered the truth that its regulatory information is fake.The supposed owner of ontega.com is Green Pole Ltd, a company claiming to be authorized by the Vanuatu Financial Services Commission (VFSC) with licence number 14627. However, neither the company name nor the license number appears on the Financial Dealers Licensee List of the VFSC. This is a red flag, suggesting that trading services or products provided via ontega.com are not licensed.Ontega also mentions a partner Rehoboth Ltd registered in Cyprus. However, we have been unable to locate any information amtching this firm in Cyprus Securities and Exchange Commission (CySEC) database. Since it is not a licensed investment firm by CySEC, the offerings of services/products in forex trading and brokerage are illegal.As such, Ontega is a scam. Investors dealing with this broker are exposed to significant risks such as financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, investors are advised against trading with unlicensed brokers like Ontega and instead to opt for a fully regulated one.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.