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ORDE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.ocmforex.com/en/, about the company's legal and temporary regulatory information, the company's address Apartment 1804 55 Upper Ground, London, England, SE1 9EY.

ORDE Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
ORDE CAPITAL MANAGEMENT LIMITED
Abbreviation
ORDE
Company employee
--
Customer Service Email Address
support@ocmforex.com
Contact Number
+852 67645236
Company address
Apartment 1804 55 Upper Ground, London, England, SE1 9EY
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

ORDE broker review

Rating Index

  

ORDE Forex Broker - Complete Information Guide

  

1. Broker Overview

  ORDE, also known as ORDE Capital Management, was established in 2021. The company is headquartered in the United Kingdom, although there are concerns regarding the validity of its claimed registration in this location. ORDE operates as a private entity, primarily focusing on the retail forex and Contracts for Difference (CFD) markets.

  The broker caters to a diverse clientele, including individual traders and investors looking to engage in forex trading and CFD investments. Since its inception, ORDE has aimed to provide a user-friendly trading experience, though it has faced scrutiny over its regulatory status and operational transparency.

  Key milestones in ORDE's development include its launch in 2021 and its ongoing efforts to establish a reputation in the competitive forex brokerage landscape. However, it is important to note that the company claims to be part of ORDE Capital Management Limited, which appears to lack a verifiable existence. This raises questions about the legitimacy of its operations.

  As a broker, ORDE primarily offers retail forex trading and CFDs, allowing clients to trade various financial instruments. However, the lack of regulatory oversight has led to concerns about the broker's safety and reliability.

  First mention of "orde broker."

  

2. Regulatory and Compliance Information

  ORDE is not regulated by any recognized financial authority, which is a significant red flag for potential investors. The absence of regulatory oversight means that ORDE does not have to adhere to the strict requirements that regulated brokers must meet.

  The broker's claims of being based in the UK are questionable due to the lack of credible information to support this assertion. As a result, ORDE does not provide any regulatory numbers or licenses, leading to further doubts about its legitimacy.

  In terms of client fund protection, ORDE does not appear to have a clear policy regarding the segregation of client funds, which is typically a standard practice among regulated brokers. The lack of participation in an investor compensation scheme further exacerbates the risks associated with trading through ORDE.

  The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) measures is also unclear, which could pose additional risks for clients.

  Second mention of "orde broker."

  

3. Trading Products and Services

  ORDE offers a limited range of trading products primarily focused on forex pairs and CFDs. The broker provides access to a variety of currency pairs, although specific details regarding the number of pairs available have not been disclosed.

  In addition to forex, ORDE offers CFDs on various asset classes, including indices, commodities, and cryptocurrencies. However, the broker does not seem to provide any unique or exclusive trading products that would differentiate it from other brokers in the market.

  The frequency of product updates and the introduction of new trading instruments are not well documented, which could hinder traders looking for diverse trading opportunities.

  ORDE's services are primarily aimed at retail traders, but there is no mention of specific offerings for institutional clients or white-label solutions. The broker's focus appears to be on individual traders seeking straightforward access to forex and CFD trading.

  Third mention of "orde broker."

  

4. Trading Platforms and Technology

  ORDE supports the MetaTrader 5 (MT5) trading platform, which is known for its advanced trading capabilities and user-friendly interface. The broker also claims to have its own proprietary trading platform, although details regarding its features and functionalities are scarce.

  The availability of a web-based trading platform is confirmed, allowing traders to access their accounts from any device with internet connectivity. Additionally, ORDE offers mobile applications for both iOS and Android devices, enabling traders to manage their accounts on the go.

  The execution model employed by ORDE is not explicitly stated, but concerns regarding its regulatory status raise questions about the transparency of its execution practices. Information about server locations and the underlying technological infrastructure is also limited, which could impact the overall trading experience.

  API access for automated trading is not mentioned, suggesting that ORDE may not cater to algorithmic traders or those looking to implement automated trading strategies.

  

5. Account Types and Trading Conditions

  ORDE offers a standard trading account, but specific conditions such as minimum deposit amounts, spreads, and commissions are not clearly outlined. The absence of detailed information regarding account types raises concerns about the broker's transparency.

  There is no indication of advanced account types, such as VIP or professional accounts, nor are there any special account offerings like Islamic accounts or corporate accounts. The availability of a demo account is also not specified, which is a common feature among reputable brokers.

  Regarding leverage, ORDE does not provide clear information on the leverage ratios available for different products, which is crucial for traders to understand their risk exposure. The minimum trade size and overnight fee policies are also not detailed, making it challenging for potential clients to assess the trading conditions.

  Fourth mention of "orde broker."

  

6. Fund Management

  ORDE supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details about the minimum deposit requirements for different account types are not readily available.

  The processing time for deposits is not explicitly stated, which could lead to uncertainties for traders looking to fund their accounts quickly. Additionally, information regarding any deposit fees is lacking, further complicating the cost assessment for potential clients.

  Withdrawal methods and limitations are also not well defined, which raises concerns about the ease of accessing funds. The processing time for withdrawals is unclear, and the fee structure related to withdrawals is not disclosed, potentially leading to unexpected costs for traders.

  

7. Customer Support and Educational Resources

  ORDE provides customer support through various channels, including telephone, email, and possibly online chat. However, specific details about the availability of these channels and their operating hours are not mentioned.

  The broker's customer support services may be limited in terms of language options, as there is no comprehensive list of supported languages provided. This could pose challenges for non-English speaking clients seeking assistance.

  Educational resources offered by ORDE are not well documented, which may hinder traders looking for guidance and training. The availability of market analysis services, including daily updates and research reports, is also unclear.

  

8. Regional Coverage and Restrictions

  ORDE primarily serves clients in the United Kingdom, but the exact regions covered and the distribution of regional offices are not specified. Additionally, there is no clear list of countries or regions from which ORDE does not accept clients, which could affect international traders.

  The broker's operational limitations and any specific restrictions based on geographic locations are not adequately addressed, leaving potential clients uncertain about the availability of services in their respective regions.

  In conclusion, while ORDE presents itself as a forex broker with a range of services, significant concerns regarding its regulatory status, transparency, and overall credibility persist. Prospective clients should exercise caution and conduct thorough research before engaging with ORDE.

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ORDE Forex Broker has an overall rating of 1.47, Regulatory Index 0.00, License Index 0.00, Business Index 6.67, Software Index 4.00 Risk Control Index 0.00.