Company profile
FXORO Review SummaryFounded2022Registered Country/RegionSeychellesRegulationCYSEC, FSA, FCA (Revoked)Market InstrumentsCurrencies, commodities, indices, shares, cryptos and ETFsDemo Account/LeverageUp to 1:400SpreadFrom 1.0 pipsTrading PlatformMT4Minimum Deposit/Customer SupportContact formPhone: +442031290670Email: info@global.fxoro.comAddress: Suite 3, Global Village, Jivans Complex Mont Fleuri, Mahe, SeychellesRegional Restrictions/ FXORO is the trademark of MCA INTELIFUNDS LTD (authorized and regulated by CYSEC and FSA), a brokerage firm offering online Forex and CFD trading services, founded in 2022. It offers various trading instruments through MT4 trading platform. However, their licence of FCA has been revoked.Pros and ConsPros Cons Regulated by CYSEC and FSAFSA (Revoked)Islamic accounts providedHigher spread setMultiple trading instrumentsLimited information related to deposit and withdrawalFlexible leverage ratiosMT4 providedIs FXORO Legit? FXORO is regulated by the Cyprus Securities and Exchange Commission (CYSEC) and The Seychelles Financial Services Authority (FSA). But the license of Financial Conduct Authority (FCA) has been revoked.Cyprus Securities and Exchange Commission (CYSEC)Regulatory Status RegulatedRegulated by CyprusLicensed Institution MCA Intelifunds LtdLicensed TypeMarket Maker (MM)Licensed Number126/10The Seychelles Financial Services Authority (FSA)Regulatory Status Offshore RegulatedRegulated by SeychellesLicensed Institution ORO FINTECH LIMITEDLicensed TypeRetail Forex LicenseLicensed NumberSD046Financial Conduct Authority (FCA)Regulatory Status RevokedRegulated by United KingdomLicensed Institution MCA Intelifunds LtdLicensed TypeEuropean Authorized Representative (EEA)Licensed Number571351What Can I Trade on FXORO? FXORO offers currencies, commodities, indices, shares, cryptos and ETFs. Overall, you have a good mix of investment options.Tradable Instruments Supported Forex✔Commodities✔Indices✔Cryptocurrencies✔Shares✔ETFs✔Bonds❌Mutual Funds❌Account Type There are 2 different accounts in FXORO including the Fixed and the Floating accounts. Besides, they also offer Islamic Accounts.Leverage FXORO provides flexible leverage options for various trading products and accounts, with the leverage ratios spanning from 1:2 to 1:400. To learn specific leverage, you can click: https://orofintech.com/en/trading-conditions/.FXORO Fees FXORO offers diverse spreads for different trading instruments and accounts. The spreads start from 1 pips, and they are higher compared to those of other regulated brokers.Trading Platform FXORO offers MT4 trading platform, which supports trading through web and mobile.Trading PlatformSupported Available Devices Suitable for Web❌Web/MT4✔Web/ mobileBeginnersMT5❌/Experienced traders
Avvocato Penalista
United Kingdom
Important Information for Fxoro Customers and Former Customers This information is of great importance to those who are current customers or former customers of Fxoro. I would like to inform you about some relevant aspects regarding the activities of this broker, which could harm your interests. Fxoro is not authorized to provide financial advice. However, it may happen that their agents make you believe that the advice offered is in your favor. It is important for you to know that such advice may be illegal and involve a conflict of interest with customers. If you are current customers, I recommend that you start recording every phone call received from your account manager. Also, request that every advice be provided in writing. If you are former customers and have lost money due to incorrect advice, you have the right to request a full refund.
Exposure
03-03