FXORO Review 2021
Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of FXORO Trading Company
FXORO was founded in 2012. FXORO is a brand name owned by MCA Intelifunds LTD. It is a financial firm established under the jurisdiction of the Republic of Cyprus. It is authorized and registered by the CySec with registration number 126/10. FXORO gives access to trading CFD's on various products, such as Forex, Indices, Shares, Commodities, and Cryptocurrencies. The company offers excellent trading services yet paying great attention to customer safety.
We work exclusively with the accounts opened through Traders Union.
FXORO Latest Comments 2021
The reviews by customers of the FXORO indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FXORO published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
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Analysis of the Main Features of the Forex Broker
Trading Conditions for FXORO Users
| Trading platform: | MT4, Mobile Apps |
| Accounts: | Fix, Floating, ECN |
| Account currency: | USD, EUR, GBP, CHF |
| Replenishment / Withdrawal: | Bank Transfer, Credit Cards, Skrill, Neteller, WirePay |
| Minimum deposit: | 200 USD |
| Leverage: | 1:400 |
| PAMM-accounts: | No |
| Min Order: | 0.01 |
| Spread: | from 0 p |
| Instruments: | Forex, Precious Metals, Commodities, Indices and Share based CFDs |
| Margin call/Stop Out: | Margin call – 100%. Fix - Full margin capability, Floating - Stop out 25%, ECN - Stop out 50%. |
| Liquidity provider: | No |
| Mobile trading: | Mobile Platforms |
| Affiliate program: | Yes |
| Orders execution: | Market execution |
| Trading features: | No |
| Contests and bonuses: | YES |
Comparison of FXORO with other Brokers
| FXORO | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
| Trading platform |
MT4, Mobile Apps | MT4, MobileTrading, MT5, cTrader | MT4, MT5, MobileTrading | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | $200 | $100 | $5 | $200 | $100 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:500 |
From 1:1 to 1:30 |
From 1:25 to 1:500 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | From 0 points | From 1 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
100% / 50% | 25% / 20% | 100% / 50% | 100% / 30% | 25% / 10% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | No | $30 | No | No |
| Cent accounts | No | No | Yes | No | Yes |
Broker comparison table of trading instruments
| FXORO | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes |
| Crypto | No | No | No | Yes | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | Yes | Yes | Yes | Yes | Yes |
| Stock | Yes | No | Yes | Yes | Yes |
| ETF | No | Yes | No | Yes | Yes |
| Options | No | Yes | No | No | Yes |
Contacts
| Registration address | Petrou Tsirou 82, Mesa Geitonia, 3076, Limassol, Cyprus |
| Regulation |
FSA (Seychelles), CySec Licence number: SD046, 126/10 |
| Contacts |
Email:
[email protected],
[email protected],
Phone: +357.25.20.5555, +442031290670 |
Tags:
FXOROThe Oldest Reviews of the FXORO
The reviews by customers of the FXORO indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FXORO published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
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FAQs
Do reviews by traders influence the FXORO rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FXORO you need to go to the broker's profile.
How to leave a review about FXORO on the Traders Union website?
To leave a review about FXORO, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about FXORO on a non-Traders Union client?
Anyone can leave feedback about FXORO on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Why is it more profitable to work with FXORO through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
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