SmartProfitFX vs OnFin
OnFin publishes MT5 Standard, ECN and Copy accounts; MT4 ECN, FIX, Mini and Copy rows; MT4/MT5 desktop, web and mobile wording; 260+ instruments; detailed funding tables; risk documents; and Mohéli/Mwali licence wording with a MISA end-date caveat.
Verdict
OnFin may fit traders researching a wide MT4/MT5 account menu, copy-trading access, Mini account constraints, crypto/card/local funding rails and detailed risk documents. SmartProfitFX is the better fit only when the trader wants the Eightcap-powered account setup and can verify current Eightcap terms before opening.
Use it for the Eightcap-powered setup
SmartProfitFX can make sense for eligible non-US traders who want current SmartProfitFX and Eightcap-powered platform, market, account, funding and support materials, with the $1 lower round-trip commission point as a supporting detail.
Use it for OnFin's account menu
OnFin may fit traders who specifically want to compare MT5 Standard, ECN or Copy against MT4 ECN, FIX, Mini or Copy, with live account rows, funding tables and OnFin's own risk documents.
Read conflicts before funding
The strongest OnFin cautions are the MISA active/end-date conflict, ECN commission wording conflict, account-minimum differences and restricted-country list that overrides broad geography marketing copy.
Quick comparison
Research checked 2026-06-03. Broker terms can change; verify current official documents before opening or funding an account.
| Category | SmartProfitFX powered by Eightcap | OnFin |
|---|---|---|
| Best fit | Eligible non-US traders who want the SmartProfitFX account setup powered by Eightcap, current account resources and the $1 lower round-trip commission point after verifying underlying Eightcap terms. | Traders researching OnFin's MT4/MT5 account menu, Mini limitations, copy-trading account rows, regional funding rails, MISA caveats and high-leverage CFD risk. |
| Account setup | SmartProfitFX is an account-opening option powered by Eightcap, not the regulated broker. The account relationship depends on current Eightcap documents. | MT5 lists ECN, Standard and Copy; MT4 lists ECN, FIX, Mini and Copy. Mini has $1 minimum, $1,000 maximum deposit and forex/metals-only coverage. |
| Pricing | Eightcap-powered account terms should be checked through current Eightcap documents; SmartProfitFX adds a $1 lower round-trip commission than opening directly with Eightcap where applicable. | ECN rows list floating spread from 0.0 and $4 commission; Standard/Copy/Mini list floating from 2.4 with $0 commission; FIX lists fixed from 3 with $0 commission. The $4 ECN label conflicts on per-side versus round-turn wording. |
| Platforms | Eightcap-powered platform availability should be verified against current Eightcap platform pages and the eligible onboarding entity. | OnFin homepage says MT4 and MT5 are available on desktop, web and mobile; MT5 copy lists 80+ indicators, 21 timeframes, order types, calendar, strategy testing and expert advisors. |
| Markets | Forex and CFD market access depends on the current Eightcap-powered account infrastructure and jurisdiction. | Homepage says 260+ instruments and highlights 795+ US shares. Account rows cover forex, metals, CFD indices, commodities, stocks and crypto on most accounts, while Mini is limited to forex and metals. |
| Entity and regulation | SmartProfitFX should not be presented as the regulated broker; check the applicable Eightcap entity and legal documents. | OnFin Ltd lists Mohéli/Mwali licence BFX2024038 and IBC HT00224026. MISA verification says Active but also shows licence end date March 13, 2025. |
| Funding | Check current Eightcap-powered funding methods, processing times, fees and region rules before funding. | OnFin deposit/withdrawal pages list regional bank/local rails, cards, e-wallets and crypto with 0% OnFin fee rows, own-name funding, third-party return and first-in-first-out withdrawal rules. |
| Eligibility and risk | SmartProfitFX eligibility follows current SmartProfitFX and Eightcap restrictions, including non-US availability limits. | Footer/legal wording excludes the United States, Seychelles, Saint Vincent and the Grenadines, Japan, Spain, Italy, France, Portugal, Denmark, Estonia, Slovenia and Greece. Risk documents warn of substantial CFD/FX losses and possible losses beyond remaining account funds. |
OnFin source-checked broker details
The details below use OnFin homepage, account, funding, withdrawal, contract-specification, documents, risk-disclosure, AML, broker-licence and MISA verification sources plus SmartProfitFX/Eightcap sources for the SmartProfitFX side.
MT5 and MT4 rows with conflicts
- MT5 account rows are ECN, Standard and Copy; MT4 rows are ECN, FIX, Mini and Copy.
- MT5 ECN and MT4 ECN both show $50 minimum deposits and $4 commission, while homepage ECN marketing shows $100 minimum deposit.
- MT5 Standard shows $100 minimum deposit, spread from 2.4, $0 commission and 1:3000 maximum leverage.
- MT5 Copy and MT4 Copy show $100 minimum deposits in the account table, while homepage Copy marketing shows $50 minimum deposit.
- MT4 FIX shows $50 minimum deposit, fixed spread from 3, instant execution and requotes yes.
- MT4 Mini shows $1 minimum deposit, $1,000 maximum deposit, forex/metals only, 250 maximum orders and 1:1000 maximum leverage.
Spread, commission and leverage details need source-level care
- ECN rows list floating spread from 0.0, while Standard, Copy and Mini list floating from 2.4 and FIX lists fixed from 3.
- OnFin account rows show $4 ECN commission and $0 commission on Standard, Copy, FIX and Mini.
- The account page says commission shown is per side, but the same page and the contract-specification page also say ECN commission is per round-turn lot.
- Leverage tiers step down from 1:3000 below $1,000 equity to 1:50 at $100,000 and above.
- Weekend leverage is capped at 1:500 from one hour before Friday close through Monday 01:00 EET.
- Spreads may widen overnight and during major economic releases, and some FIX instruments use market execution with floating spread.
MT4/MT5 plus broad CFD coverage
- Homepage says MT4 and MT5 are available on desktop, web and mobile.
- MT5 homepage copy lists 80+ indicators, 21 timeframes, market/limit/stop orders, multiple-account management, strategy testing, built-in calendar, automated trading and expert advisors.
- Homepage says OnFin offers 260+ instruments and highlights 795+ US shares.
- Market cards list stocks, currencies, commodities, cryptocurrencies and indices.
- Most account rows list forex, metals, CFD indices, CFD commodities, CFD stocks and cryptocurrencies; Mini lists only forex and metals.
- The contract-specification page promises live bid/ask, spreads, swaps and contract sizes, but the fetched static page showed a loading state for the live table.
Regional rails with own-name and return-source rules
- Deposit page lists bank/local rails, cards, e-wallets and crypto, including AwPay, local Cambodia, Ofa Philippines/Vietnam, Opay TH, UPI India, Mastercard/Visa Copay, GrPay, Recard, SberPay, Univerpay, Bitcoin, Yoomoney, USDC and USDT.
- OnFin says it charges no internal deposit fees, but bank/card issuer and crypto network fees are outside its control.
- Deposit ranges vary sharply by rail, from examples such as 10-1,000 EUR on Univerpay to 10-500,000 USD on Bitcoin.
- Deposits must come from an account in the client own name and third-party deposits are returned automatically.
- Withdrawals must return to the same source used for deposits, with first-in-first-out and proportional allocation if multiple channels were used.
- Withdrawal rows list 0% fee but vary from 0-1 business day to 0-5 business days after processing, and card withdrawals are limited to MIR cards.
MISA caveat, jurisdiction limits and high-risk terms
- OnFin footer and legal pages state OnFin Ltd is registered and licensed in the Island of Mohéli, Comoros Union, with licence BFX2024038 and IBC HT00224026.
- MISA verification lists Status: Active, issue date March 13, 2024, website http://www.onfin.io/ and licence end date March 13, 2025.
- No checked primary source supports FCA, ASIC, CySEC, NFA or CFTC regulation for OnFin.
- Footer/legal wording says OnFin does not operate in the United States, Seychelles, Saint Vincent and the Grenadines, Japan, Spain, Italy, France, Portugal, Denmark, Estonia, Slovenia and Greece.
- Risk disclosure warns clients can lose all initial equity and additional equity, and losses can exceed remaining funds on the trading account.
- Client agreement says OnFin may reject applications, close accounts, request more documents and restrict trading, payments or transfers at its discretion.
OnFin caveats
These caveats matter because OnFin has useful official detail, but several official sources conflicts change how the page should be drafted.
Active status has an end-date conflict
MISA verification shows OnFin Ltd as Active but also lists a March 13, 2025 licence end date, so the source should be checked directly before account opening.
Avoid converting the ECN fee
OnFin text says ECN commission is $4, but source wording conflicts on per-side versus round-turn treatment.
Homepage and account rows differ
Homepage cards show ECN $100 and Copy $50, while the account table shows ECN $50 and Copy $100 on both MT4 and MT5.
Restrictions override geography copy
Use the footer/legal restriction list for eligibility because homepage marketing geography includes countries that footer text excludes.
Who should choose which?
The better fit depends on whether the trader wants the Eightcap-powered SmartProfitFX setup or OnFin's broader but more caveat-heavy MT4/MT5 account menu.
- You are eligible outside the United States and want the SmartProfitFX account setup powered by Eightcap.
- You want current Eightcap-powered platform access, market access, account resources, funding information and support context in one setup.
- The $1 lower round-trip commission than opening directly with Eightcap matters after the platform and account fit are already clear.
- You prefer not to rely on OnFin's MISA end-date conflict, account-minimum conflicts or ECN commission wording conflict.
- You specifically want to compare OnFin Standard, ECN, Copy, FIX or Mini account terms.
- You want MT4/MT5 access across desktop, web and mobile materials and understand the Mini account is narrower.
- You have checked OnFin's live funding and withdrawal controls, including first-in-first-out and same-source withdrawals.
- You understand the MISA status caveat, restricted-country list and high-leverage CFD/FX risk.
FAQs
Is SmartProfitFX better than OnFin?
SmartProfitFX is better only when the Eightcap-powered account setup, current platform and market access, account resources, funding/support context and $1 lower round-trip commission point fit better than OnFin's broader MT4/MT5 account menu.
Which OnFin account types are visible?
The checked OnFin account page shows MT5 ECN, Standard and Copy, while MT4 shows ECN, FIX, Mini and Copy. Mini is limited to forex/metals and has a $1,000 maximum deposit.
What is OnFin's ECN commission?
OnFin account rows show $4 commission on ECN accounts, but official wording conflicts on whether this is per side or round-turn. The comparison should avoid converting it without live confirmation.
Is OnFin regulated by FCA, ASIC or CySEC?
No checked primary source supports describing OnFin as FCA, ASIC or CySEC regulated. OnFin and MISA sources point to Mohéli/Mwali licence BFX2024038, with an active-status and licence-end-date caveat.
Can U.S. residents use this comparison as an account-opening guide?
No. SmartProfitFX eligibility must follow SmartProfitFX and Eightcap restrictions, including non-US limits. OnFin footer/legal wording also says OnFin does not operate in the United States.
What is the main OnFin risk issue?
The main risk issues are leveraged CFD/FX exposure, possible losses beyond remaining account funds, stop-loss execution limits, forced liquidation at Stop Out, payment-processing delays and discretionary account/payment restrictions in OnFin documents.
Sources checked
Source date: 2026-06-03. Primary-source URLs below were checked directly for the current brief; no third-party broker databases were used for OnFin facts.
- OnFin homepage: onfin.io/en/
- OnFin account types: onfin.io/en/account-types/
- OnFin contract specifications: onfin.io/en/trading-tools/
- OnFin deposit: onfin.io/en/deposit/
- OnFin withdrawal: onfin.io/en/withdraw/
- OnFin documents index: onfin.io/en/documents/
- OnFin risk disclosure: onfin.io/en/documents/risk-disclosure/
- OnFin broker licence page: onfin.io/en/documents/broker-licence/
- MISA OnFin verification: mwaliregistrar.info/list_of_entities/verify/369.html
- OnFin client agreement: onfin.io/en/documents/client-agreement/
- OnFin AML policy: onfin.io/en/documents/aml-policy/
- SmartProfitFX account types: smartprofitfx.com/account-types
- SmartProfitFX FAQs: smartprofitfx.com/resources/faqs
- Eightcap account options: www.eightcap.com/en/traders/account-options/
- Eightcap legal documents: www.eightcap.com/en/legal-documents/
Related comparisons
Compare OnFin with other detailed comparisons where broad account menus, Mwali wording, high leverage and funding controls need careful handling.
Compare the sources before opening
If SmartProfitFX powered by Eightcap is the better fit, use the SmartProfitFX account link so the account opens through SmartProfitFX.
