OSIRIS FOREX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.osiriscrm.com/pc/user/regist, about the company's legal and temporary regulatory information, the company's address .
Osiris Forex, officially known as Osiris Trade Limited, was established in 2024. The broker is headquartered in Australia, and it operates as a private entity. Osiris Forex primarily serves retail clients, offering a range of trading services in various financial markets. The company aims to cater to both novice and experienced traders, providing access to multiple trading instruments.
Despite its relatively recent inception, Osiris Forex has made strides in the forex trading community. However, it is essential to note that the broker has faced scrutiny regarding its regulatory status and business practices. The business model of Osiris Forex focuses on retail forex trading, offering clients access to a variety of currency pairs, commodities, and cryptocurrencies.
The parent company, Osiris Trade Limited, is pivotal in the broker's operations, although specific details regarding its corporate structure remain unclear. The broker's growth trajectory has been marked by a commitment to providing diverse trading options, yet it also raises concerns due to its lack of regulatory oversight.
As an Osiris Forex broker, it is crucial for potential clients to understand the implications of trading with an unregulated entity, particularly in terms of fund safety and overall trading conditions.
Osiris Forex operates without valid regulatory oversight. The broker claimed to be regulated by the Australian Securities and Investments Commission (ASIC); however, this license has been revoked (license number: 001293985). This revocation highlights significant compliance issues, as the broker is no longer authorized to provide financial services under Australian law.
In addition to the revoked ASIC license, Osiris Forex does not appear in the registers of other major regulatory bodies, including the Financial Conduct Authority (FCA) in the UK. This absence from regulatory oversight raises serious concerns regarding the safety of client funds and the overall legitimacy of the broker's operations.
Osiris Forex does not implement a client funds segregation policy, which is a critical measure for protecting investors' capital. Furthermore, there is no evidence of participation in any investor compensation schemes, which typically provide an additional layer of security for clients in the event of broker insolvency.
The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is also questionable, as details about these practices have not been transparently disclosed. Therefore, potential clients should exercise caution when considering engagement with an unregulated entity like Osiris Forex.
As an Osiris Forex broker, the platform offers a diverse range of trading products. Clients can access a variety of forex currency pairs, including major, minor, and exotic pairs. The broker claims to provide a selection of Contract for Difference (CFD) products, which encompass indices, commodities, stocks, and cryptocurrencies.
The exact number of forex pairs available for trading is not explicitly stated, but the broker is known to cover popular currencies. Among the CFD offerings, clients can trade on various asset classes, including precious metals like gold and silver, as well as energy products such as crude oil.
Osiris Forex frequently updates its product offerings, although specific details regarding the frequency of these updates are not provided. The broker appears to focus primarily on retail trading services, catering to individual traders rather than institutional clients or offering white-label solutions.
In summary, the range of products available through Osiris Forex includes:
Osiris Forex supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most widely used trading platforms in the forex industry. These platforms are known for their user-friendly interfaces and robust analytical tools, making them suitable for traders of all experience levels.
The broker does not offer a proprietary trading platform, which may limit some traders looking for customized solutions. The MT4 and MT5 platforms are accessible via desktop, web, and mobile applications, catering to traders who prefer flexibility in their trading environments.
Osiris Forex operates its trading services on an ECN (Electronic Communication Network) model, which allows for direct market access and potentially tighter spreads. However, the specifics regarding the execution speed and server locations are not disclosed, which may affect traders' experiences.
Furthermore, the broker does not provide information about API access or support for automated trading strategies, which could be a drawback for algorithmic traders seeking to implement their trading systems.
Osiris Forex offers several account types tailored to meet the needs of different traders. The primary account types include:
The broker provides leverage of up to 1:1000 for premium accounts, which can significantly amplify both potential profits and losses. For fixed accounts, leverage is capped at 1:400, while the zero account allows leverage of 1:250.
The minimum trade size and overnight fees are not clearly outlined in the available information, which may leave traders uncertain about the costs associated with holding positions overnight.
In summary, the account conditions at Osiris Forex include:
Osiris Forex supports various deposit methods, including bank transfers, credit/debit cards, and electronic wallets such as Skrill, Neteller, and PayPal. The minimum deposit requirement is $50, which is relatively low compared to industry standards.
Deposit processing times vary, with instant processing for credit/debit cards and e-wallets, while bank transfers may take longer. Notably, Osiris Forex claims to charge no fees for deposits or withdrawals, which is an attractive feature for traders.
Withdrawal options are similarly diverse, but specific details regarding minimum withdrawal amounts and processing times are not explicitly stated. The lack of transparency regarding withdrawal methods and potential fees is a significant concern for clients.
In summary, fund management at Osiris Forex includes:
Osiris Forex provides customer support through various channels, including email and telephone. However, there is limited information regarding the availability of live chat or social media support. The broker's service hours and time zone coverage are not explicitly mentioned, which may impact clients' ability to receive timely assistance.
Multilingual support is also unclear, as the broker does not specify the languages available for customer service. This could pose challenges for non-English speaking clients seeking assistance.
In terms of educational resources, Osiris Forex offers basic market analysis, news updates, and live charts. However, the availability of comprehensive educational materials, such as webinars, tutorials, or e-books, is not detailed, which may limit the learning opportunities for novice traders.
Trading tools such as calculators and economic calendars are not mentioned, indicating a potential gap in the resources provided to clients.
Osiris Forex primarily targets clients in Australia and other regions without specific restrictions mentioned. However, the broker does not accept clients from certain countries, although a detailed list of restricted jurisdictions is not provided.
The absence of clear regional coverage information raises concerns about the broker's operational transparency and compliance with international regulations. Potential clients should verify whether their country of residence is accepted before proceeding with account registration.
In conclusion, while Osiris Forex presents an array of trading options, the lack of regulatory oversight, transparency in operations, and limited educational resources may deter potential clients from engaging with this broker. As an Osiris Forex broker, understanding the risks involved is crucial for making informed trading decisions.
FX5663891642
Japan
Even if you apply for withdrawal, it will not reach your bank account at all. It just says success on the screen. When I inquired, it was an error, so if I remit more than 3 million yen, the funds will be returned. Please allow me to withdraw.
Exposure
2023-04-05
tokkevi
Japan
I was introduced to this exchange and deposited 500,000 and 700,000. It's currently around $28,000. At first, I was able to withdraw, but due to the low number of transactions, I stopped accepting withdrawals. I have not heard from you since I sent an email to the exchange on March 17th and was told that they would investigate and report.
Exposure
2023-04-04
FX1936810390
Japan
You own your account independently. We don't have the right to withdraw directly from your personal account Taxes need to be paid separately, so you need to pay the tax of 3363206 yen first You can complete the withdrawal only after the tax payment is successful Pay the tax Please contact me to reserve a tax-only account before
Exposure
2023-04-12