WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com

您当前语言与浏览器默认语言不一致，是否切换？

切换

Global Broker Regulation & Inquiry App

Broker Search

English

简体中文繁體中文 English Pусский 日本語 ภาษาไทย Tiếng Việt Bahasa Indonesia Español हिन्दी Filippiiniläinen Français Deutsch Português Türkçe 한국어 العربية

Download

Home -

Broker -

OROTRADE -

No Regulation

Score

0123456789

/10

OROTRADE

Item: OROTRADE
Rating: 1.46

United Kingdom|2-5 years|

High potential risk|

https://www.orotrade.net/

Website

Open Account Time Machine

Rating Index

Contact

+44 777 343 212

https://www.orotrade.net/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

Open Now

Check whenever you want

Download App for complete information

Download on the

WikiFX (Global)

Download on the

WikiFX (China)

Download Apk

WikiFX Pro

Warning: Low score, please stay away! 2

Previous Detection : 2024-11-15

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5 Identification

Genealogy

Clones

Keywords

Account Information

Time Machine

OROTRADE · WikiFX Survey

Users who viewed OROTRADE also viewed..

XM

9.05

Score

10-15 yearsRegulated in AustraliaMarket Making(MM)

Details

Official website

FP Markets

8.88

Score

15-20 yearsRegulated in AustraliaMarket Making(MM)

Details

Official website

GTCFX

8.12

Score

10-15 yearsRegulated in United KingdomStraight Through Processing(STP)

Details

Official website

STARTRADER

8.63

Score

10-15 yearsRegulated in AustraliaMarket Making(MM)

Details

Official website

OROTRADE · Company Summary

Since OROTRADEsofficial website (https://www.orotrade.net/) cannot be opened at the moment, we could only piece together this brokerage house by gathering some relevant information from other websites.

General Information

OROTRADE is a forex brokerage registered in the United Kingdom. This brokerage was established quite young, with its operating time only around 2-5 years. Since OROTRADEs official website cannot be accessible now, we could only get minimal information.

Concerning regulatory information, it has been verified that this broker has no valid regulation and it has got a pretty low score of 1.30/10 on the WikiFX website based on five indexes, namely Regulatory Index, License Index, Risk Management Index, Software Index, and Business Index. Please be aware of the risk, for trading with an unregulated forex broker is always a dangerous process.

Market Instruments

OROTRADE claims that it offers its clients access to a series of trading instruments, such as Foreign Exchange, CFD Products, Bonds as well as other derivatives.

Leverage

When it comes to trading leverage, the default leverage on the OROTRADE platform is 1:200, and clients are not allowed to change it themselves.

Please note that this leverage is too high for retail investors and many regulatory authorities have lowered it to reduce risk. EU, British and Australian brokers are forced to limit leverage for retail clients to 1:30 for FX majors, and the US and Canadian brokers can only provide leverage below 1:50.

Deposit & Withdrawal

OROTRADE claims that it supports clients in making a deposit and withdrawal via Wire Transfer, Electronic Bank Deposit (ACH), but does not provide further information on this part.

Customer Support

OROTRADE offers poor customer support, and it can be only contacted through a Telephone: +44 777 343 212

Risk Warning

Forex and Leveraged trading carry a certain level of risk, and it is not suitable for everyone. Please note that the information contained in this article is for general information purposes only.