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Osiris Forex Company, operating under the name Osiris Trade Limited, was founded in 2024. Despite its recent establishment, the company has garnered attention due to its unregulated status and various complaints from clients regarding its services.
Osiris Forex is owned by Osiris Trade Limited, which claims to operate in the forex trading sector. However, there is a lack of transparency regarding its ownership structure and management team, raising concerns about accountability.
The company claims to be headquartered in Australia; however, there are conflicting reports regarding its actual location, with some sources indicating a presence in the United Kingdom. This ambiguity adds to the skepticism surrounding its legitimacy.
Osiris Forex aims to provide trading services to a global clientele, offering a range of financial instruments. However, its lack of regulation limits its ability to operate confidently in various jurisdictions.
Osiris Forex previously claimed to be regulated by the Australian Securities and Investments Commission (ASIC). However, this license has been revoked, and the company currently operates without any valid regulatory oversight, which poses significant risks to potential clients.
Since its inception, Osiris Forex has attempted to expand its offerings by including various financial instruments, but its unregulated status has hindered growth and credibility in the market.
Despite its efforts to attract customers with high leverage options and low minimum deposits, the company has received numerous complaints, which have negatively impacted its reputation and customer base growth.
Osiris Forex claims to offer popular trading platforms such as MetaTrader 4 and MetaTrader 5. However, there are reports of difficulties in accessing these platforms, which raises questions about their reliability.
As of now, Osiris Forex has not received any notable awards or recognitions in the forex trading industry, further reinforcing its status as a relatively unknown and untrusted entity.
Osiris Forex offers a selection of forex trading options, including a range of currency pairs. However, specific details about the number of currency pairs available are not clearly stated, which may deter potential traders.
The company claims to provide access to stock trading; however, the lack of transparency and regulation raises concerns about the legitimacy of these offerings.
Osiris Forex offers Contracts for Difference (CFDs) as part of its trading services. This includes commodities, indices, and cryptocurrencies, but details on the specific CFDs available are limited.
In addition to forex and CFDs, Osiris Forex claims to offer trading in cryptocurrencies and commodities such as gold and oil. However, the unregulated nature of the broker raises questions about the safety and security of these trades.
Osiris Forex promotes high leverage options (up to 1:1000), which can attract experienced traders seeking higher risk and reward potential. However, this can also lead to significant losses, especially for inexperienced traders.
Osiris Forex is currently unregulated, having lost its ASIC license. It has not provided any valid regulatory information since then, leaving clients without protection.
Osiris Trade Limited operates as a private limited company, but its legal structure is vague, with no clear information available regarding its registration in Australia or the UK.
There are no client fund protection measures in place, as the broker does not operate under any regulatory body that mandates such protections. This poses significant risks to investors.
Osiris Forex aims to serve a global market, but its lack of regulation may limit its ability to operate freely in many jurisdictions, particularly in regions with strict financial regulations.
The company has faced multiple complaints regarding its services, particularly concerning withdrawal issues and lack of support. Its compliance history is marred by these complaints, which further question its reliability.
Osiris Forex competes with various regulated brokers, including:
Osiris Forex positions itself as a low-cost alternative for traders seeking high leverage. However, its unregulated status severely limits its appeal compared to established competitors.
The primary differentiation factor for Osiris Forex is its high leverage options and low minimum deposit requirements. However, these advantages are overshadowed by the risks associated with trading with an unregulated broker.
In summary, Osiris Forex operates as an unregulated broker with significant risks for potential traders. The companys lack of regulatory oversight, combined with numerous complaints from clients, raises serious concerns about its legitimacy and reliability. Traders are strongly advised to conduct thorough research and consider regulated alternatives before investing with Osiris Forex.
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