In this section we will tell you why You should NOT invest in FXORO. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about FXORO and tell you why we came to such a conclusion:
|🏠 Company||MCA Intelifunds LTD and ORO FINTECH LTD|
|️ Regulation||FSA and CySEC|
|[email protected] | [email protected]|
| [email protected] | [email protected]
|📈 Platform||MetaTrader4 (MT4)|
|📌 Address||Cyprus and Seychelles|
⚠️ FXORO is owned by MCA Intelifunds LTD and ORO FINTECH LTD, the company is located in Cyprus and Seychelles, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Now we are going to analyze the types of account that FXORO offers, in this case, we observe that it offers 2 different types of account:
|Account type||Minimum initial deposit|
Information on the web
FXORO provides gold prices and live quotes, they have a signal service, news and market developments, an explanation of the different instruments that can be traded and operated with them, an economic calendar, they also have an educational section where they have various videos- lessons explaining basic concepts such as: the importance of psychology in trading, although you have to register to see all the videos, they also have a glossary of trading and forex terminology, finally, they also have an ebook with different topics related to trading . It should be noted that the entire educational section is available in Spanish / Castilian, unlike the web.
List of phone numbers
🚫 FXORO Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH FXORO.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
News about FXORO:
|Date||Update – news|
|August 2022||We receive a lot of messages from FXORO clients claiming FXORO is associated with sagatrade, a broker with a lousy reputation and complaints against him|
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with FXORO.
At the end of the review you will find customer comments.
How to Claim Money Scammed by FXORO
How to Report FXORO
Frequently Asked Questions
How can I report FXORO?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is FXORO a scam – is it scam?
Yes. We believe that FXORO is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is FXORO reliable?
No. FXORO is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from FXORO?
If you want to know how to recover your capital, you can see it here!. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to FXORO?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.