Ontega Review

About Ontega

Ontega is a trading name operated by Securcap Securities Limited, a company incorporated in Seychelles (address: Room B11, First Floor, Providence Complex, Providence, Mahé) and described in the Customer Trading Agreement as “licensed in Seychelles.” The Seychelles Financial Services Authority lists Securcap Securities Limited among its regulated capital-markets entities. The brand’s primary domain is ontega.com and the login link provided on the site points to ontega.login.thexcite.com. Official site, FSA

According to Ontega’s Trading Conditions, available instruments include CFDs on currencies, commodities, indices, shares, and cryptocurrencies. Stated maximum leverage is 1:200 for Forex and commodities, 1:100 for indices, 1:10 for shares, and 1:2 for crypto. The page notes fixed spreads and “no slippage” policy under regular market conditions. Accounts are denominated in USD; the page states an initial deposit of $200, while the Agreement specifies that credit‑card deposits have a $300 minimum. Platform access is via WebTrader and mobile/desktop apps (iPhone, iPad, Android, Windows). Official site, Official site

Operational terms on the site specify rollover/swap charges by asset class (e.g., cryptocurrencies 0.50%; most other CFD categories 0.015%), a possible Inactivity Fee per the Agreement, and margin‑liquidation rules intended to prevent a negative balance. The Agreement sets a $50 minimum for bank‑transfer withdrawals and a processing window of up to 120 working hours after approvals; the separate Withdrawal page outlines required KYC documents and card‑funding verification steps. Ontega also documents two risk‑mitigation features: “First Protected Positions” and the automated “Hedge Newest Position.” Official site, Official site

A discrepancy exists across languages on the brand’s legal pages: the Spanish “Términos y condiciones” state that Ontega is authorized to conduct securities‑dealing business under Vanuatu’s Financial Dealers Licensing Act [CAP 70] (date cited: 19 May 2016), whereas the English Agreement ties the brand to a Seychelles‑licensed company. The Vanuatu Financial Services Commission’s public “Financial Dealers Licensee List” is available for independent verification of licensees. Where such conflicts arise, regulator registers prevail over marketing claims. Official site, VFSC

Pros and cons

Pros

• Operated by Securcap Securities Limited, which is listed by the Seychelles FSA among regulated capital‑markets entities; the operator also discloses FSA registration details on its own site (registration number SD012). FSA
• Clearly documented trading parameters: asset classes, per‑asset leverage caps, USD account base currency, rollover percentages, and withdrawal/KYC steps. Official site
• Platform access via web and native apps; additional protective features (“First Protected Positions”, “Hedge Newest Position”) described publicly. Official site

Cons

• Conflicting regulatory claims between the English and Spanish legal pages (Seychelles vs. Vanuatu); VFSC’s licensee list can be checked and should be given priority over marketing texts. Official site, VFSC
• USD‑only account denomination stated; other base currencies are not documented on the site’s Trading Conditions page. Official site
• Inactivity fee provisions and specified rollover percentages may add to holding costs, as stated in the legal and Trading Conditions pages. Official site