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 Forex Broker
Rating Index
OSIRIS FOREX Similar Brokers
Latest Reviews
Basic Information
Australia
Osiris Forex Broker - Complete Information Guide
1. Overview of the Broker
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.
2. Regulatory and Compliance Information
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claimed to be regulated by the Australian Securities and Investments Commission (ASIC); however, this license has been revoked (license number: 001293985).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.
3. Trading Products and Services
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:
- Forex Currency Pairs: Major, minor, and exotic pairs.
- CFD Products: Indices, commodities, stocks, and cryptocurrencies.
- Special Products: The broker does not specify unique trading instruments beyond the standard offerings.
4. Trading Platforms and Technology
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.
5. Account Types and Trading Conditions
Osiris Forex offers several account types tailored to meet the needs of different traders. The primary account types include:
- Premium Account: Requires a minimum deposit of $50 and features no commission.
- Fixed Account: Offers consistent spreads with no additional charges.
- Zero Account: No spreads but incurs commission fees, making it suitable for high-volume traders.
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:
- Minimum Deposit: Starting at $50.
- Spreads: From 0.0 pips onwards.
- Commission: Varies by account type.
- Leverage: Ranges from 1:250 to 1:1000 depending on the account type.
6. Fund Management
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:
- Deposit Methods: Bank transfer, credit/debit card, Skrill, Neteller, PayPal.
- Minimum Deposit: $50.
- Withdrawal Fees: Not specified.
- Processing Times: Instant for most methods, standard for bank transfers.
7. Customer Support and Educational Resources
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.
8. Regional Coverage and Restrictions
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.
OSIRIS FOREX Similar Brokers
Latest Reviews
傻子227
Hong Kong
On June 25, 2022, I made a deposit of 3,001 US dollars under a group of people who fooled me. I transferred 20,100 yuan in cash to Alipay to him, and then made the deposit on my behalf. I applied for a withdrawal on 2022.9.26, but it has not been reviewed. Ask why. I have been saying that the system is upgraded, let me wait, and now I am requesting to return 20,100 yuan in cash, otherwise I will call the police and seek legal weapons to protect my rights and interests.
Exposure
2022-10-28
OSIRIS骗局
Hong Kong
About Ma Lei, Eavan Pan, and Chan Lcong Sorg's conspiracy to defraud On October 11, 2022, I was introduced by Ma Lei (from Funan, Fuyang City) to invest in foreign exchange on a foreign exchange custody trading platform named "OSIRIS trade limited". The bank account number provided by Lei was converted into virtual currency, and the total investment and deposit amounted to RMB 335,469 (US$46,898). Ma Lei, Pan, and Chen promised that the funds were safe and could be withdrawn at any time. Later, I applied for cash withdrawal, but none of the funds could be withdrawn into the account, and Ma Lei, Pan, and Chen all used various reasons to prevaricate and deceive. Ma Lei, Pan, and Chen are the same company colluding in fraudulent activities. After repeated negotiations and urging to invest funds to no avail (there is a recording of the whole process of the call recording), Ma, Pan, and Chen (Malaysian Chinese, Hu A55543807), Chen has always said I am a Singaporean, and I refused to return it with various excuses. The fraudulent behavior of these three people has violated the law and constituted a crime of fraud. I hereby apply for permission to open a case for investigation! November 26, 2022
Exposure
2022-11-28
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
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
傻子227
Hong Kong
On June 25, 2022, under the deception of the people around him, he transferred the money to him with Alipay to deposit 3,001 US dollars, and promised to withdraw the money at any time. The cash was withdrawn for a month, but the money could not be withdrawn.
Exposure
2022-10-28