EQUITY TS Deposit & Withdrawal

When you send money to a broker, you are placing trust in their ability to not only execute trades but to return your funds upon request. At FXCanary, we consider the deposit and withdrawal experience to be the single most telling indicator of a brokerage’s legitimacy. A broker might offer dazzling platforms, tight spreads, and glowing support—but if clients cannot freely access their capital, none of that matters.

EQUITY TS PTY LTD, operating under the trading name “OnEquity” (and potentially others), claims an Australian ASIC license and a sleek marketing presence. Yet when we dig into the funding specifics, a different picture emerges: one of opacity, minimal disclosure, and a chorus of user complaints alleging blocked payouts and silent support. This deep-dive examines every facet of funding at EQUITY TS, relying on our cross-checked registration data, account parameters, and—most critically—real trader testimonies.

A legitimate broker typically lists accepted deposit methods clearly: bank wire, credit/debit cards, e-wallets like Skrill or Neteller, sometimes cryptocurrency. These details not only help traders choose convenient funding channels but also signal regulatory compliance; many regulators require transparent disclosure of client fund handling.

For EQUITY TS, our research found no publicly disclosed deposit methods. The broker’s website (as reviewed by our team) fails to provide any dedicated funding page outlining how clients can send money. This absence is a significant red flag. In the absence of official information, we cannot verify whether client funds are segregated, whether deposits are insured, or what processors are used.

Some user reviews—particularly positive ones—mention “buying an account” with the help of support agent Caleb, suggesting that the onboarding and deposit process is handled ad-hoc via customer service rather than through a standardized, automated system. Such an arrangement is highly unusual for a regulated brokerage and opens the door to potential misuse.

According to the account data obtained from industry databases and cross-referenced with EQUITY TS’s own disclosures, the broker offers seven account tiers with vastly different entry barriers:

• Standard: €100 minimum deposit
• Standard plus +: €5,000
• Silver: €20,000
• Gold: €50,000
• Premium Elite: €100,000
• Platinum: €250,000
• VIP: €500,000

At first glance, the €100 Standard account appears accessible. However, note that even the second tier jumps to €5,000—a 50-fold increase—and higher tiers demand six-figure sums. For a broker with no verifiable track record (founded in August 2025) and zero employees on record, such steep financial commitments are alarming. It is also unclear how these deposits are made—with no listed methods, a trader might find they’ve wired money into a black hole.

Even more concerning than the deposit opacity is the complete lack of information on withdrawals. Our team searched through EQUITY TS’s online presence and regulatory filings; we found no mention of withdrawal methods, processing times, fees, or minimum withdrawal amounts. Not a single FAQ, terms-of-service clause, or account comparison table addresses how a client retrieves their money.

In a compliant brokerage, you would expect to see a clear statement: ‘Withdrawals are processed via the same method used for deposit, within 1-3 business days, with no fees from our side.’ The absence of any such policy at EQUITY TS is, in our view, a deliberate omission—one that leaves traders entirely in the dark about when and if they will see their funds again.

User reviews paint a grim picture. Of 19 Trustpilot reviews, several explicitly detail withdrawal failures. Here are the voices we cannot ignore:

• “Ever since I asked for my cash, it’s been silence. Support’s been nonchalant in every case. This site’s a hoax. They delay payments until 𝕣𝕖𝕥𝕣 iev 𝚒𝚜𝚝𝚊 intervened.” This reviewer alleges that only after a third-party recovery service (“retr iev”) intervened did they see any action—a classic sign that the broker only pays when external pressure is applied.

• “This is an cheating prop firm they didn't give any payout if you have followed every rules also they will deny the payout and they will close the and block from their site.” The accusation of denying payouts despite following rules suggests a bait-and-switch: traders meet the conditions, yet funds are withheld and accounts terminated.

• “Alot of cases they not pay the profit and give alot of reason to not allowed withdrawal profit only your capital try to avoid it.” This review explicitly warns that only the initial deposit can be withdrawn, while profits are systematically denied.

These are not isolated gripes—they form a coherent narrative of a broker that readily accepts deposits but erects barriers the moment a client attempts to cash out.

In our investigative work, we have seen this pattern repeatedly: a broker makes it effortless to fund an account—sometimes even offering personal assistance via chat or phone to guide you through the transfer—yet the withdrawal process is riddled with delays, excuses, and outright refusals. The term “hoax” used by one reviewer echoes too many similar scams we have documented.

The fact that EQUITY TS touts an ASIC license (number 477891) might give some traders a false sense of security. However, our cross-checking reveals that ASIC’s register does list EQUITY TS PTY LTD as a licence holder, but a licence alone does not guarantee ethical conduct. We note that the broker’s registered address is a virtual office in Melbourne, and it reports zero employees—raising questions about the substance behind the licence.

Given the withdrawal complaints, we must ask: where is the operational oversight? Why are regulators not acting? The answer may be that the recent founding date (August 2025) means the broker is still in the supervision’s blind spot, or that it is already being monitored but enforcement is slow.

Beyond the withdrawal blockade, the user reviews point to a systematic denial of profits. The claim that only the initial deposit can be withdrawn (and that “a lot of cases” result in this) suggests a structure designed to bleed traders. It is not uncommon for fraudulent brokers to manipulate trading conditions or simply refuse to honor profitable trades.

The account details show commissions ranging from 5% to 9% for various tiers—but these appear to be trading commissions, not withdrawal fees. Since no withdrawal fees are disclosed, it is impossible to know the true cost of retrieving your money. We suspect that if a withdrawal is ever processed, it will likely be met with additional, undisclosed charges.

Based on the evidence at hand—the hidden funding methods, the lack of withdrawal transparency, the multiple credible complaints, and the broker’s extremely recent incorporation—we advise extreme caution. Here are specific steps any trader considering EQUITY TS should take:

1. Do not deposit more than you are prepared to lose entirely. The €100 Standard account might be a low-cost experiment, but even that carries the risk of never being returned. 2.

If you decide to test the broker, deposit only by a method that offers chargeback protection (such as a credit card). Avoid wire transfers and cryptocurrency, which are irreversible and offer no recourse. 3. Document every step: save all chat transcripts, emails, and screenshots of your account balance and trading activity.

These may be crucial if you need to pursue a recovery. 4. Attempt a small withdrawal early (e.g., after a few trades) to test the process before committing larger sums. If you encounter delays or excuses, stop depositing. 5.

Check the ASIC register regularly for any enforcement actions against EQUITY TS PTY LTD. The licence number we have is 477891—monitor it. 6. Consult a financial recovery service if you have already lost funds; some users report limited success only after third-party pressure.

EQUITY TS presents itself as a legitimate Australian-regulated brokerage, but when it comes to funding, the reality falls apart under scrutiny. There are no deposit methods listed, no withdrawal process described, and a string of user reports alleging that payouts are denied or endlessly delayed. The minimum deposits, while starting low, escalate rapidly into sums that would be reckless to entrust to an opaque entity.

For traders, the decision is clear: the funding experience at EQUITY TS is a black hole. Our recommendation is to avoid funding any account until the broker provides verifiable transparency on its deposit and withdrawal mechanisms—and even then, the pattern of complaints suggests that withdrawal may never be straightforward. In the competitive world of forex brokerage, there are far safer harbors for your capital.