WikiFX

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The OnEquity minimum deposit is quite low for the Plus account, at just $25. This is ideal for someone like me who is just starting out and doesn’t want to risk too much capital upfront. For more experienced traders who are looking for better spreads and conditions, the Prime account requires a $1,000 minimum deposit, while the Elite account has a higher deposit requirement of $10,000. I appreciate the low entry point for the Plus account, as it makes it easy for me to get started and test the platform without committing a large sum. However, if I’m looking for better conditions, such as tighter spreads, I would consider upgrading to the Prime or Elite accounts.