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:

Basic Information

🌐 Websitefxoro.com
🏠 CompanyMCA Intelifunds LTD and ORO FINTECH LTD
RegulationFSA and CySEC
📧 Email[email protected] | [email protected]
 | [email protected] | [email protected]
📈 PlatformMetaTrader4 (MT4)
📌 AddressCyprus 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. ⚠️

Account types

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 typeMinimum initial deposit
Fix$0
Floating$0

Information on the web

FXORO website

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

  • +442031290670

🚫 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.

updates

News about FXORO:

DateUpdate – news
August 2022We receive a lot of messages from FXORO clients claiming FXORO is associated with  sagatrade, a broker with a lousy reputation and complaints against him

User Reviews

What do you think of FXORO? What has been your experience?

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.


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About the author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.

About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.

Do you want more information? You can read more about me here in my biography.

221 comments on «Is FXORO a scam? 2022 Reviews»

  1. Elena Reply

    Hello, I was invited to invest in Amazon through FXORO, what is your opinion?

    • Recommended-brokers.com Reply

      Hi Elena, they never return anything, the money that customers send is never put into the market, so the only interest they have is that the customers lose it to keep it, what the customers see is an accounting entry in the platform, but it is as if it were a simple DEMO.

      Thank you for commenting on FXORO. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Oscar Reply

      Hello friend Elena
      I will tell you about my experience, they told me the same thing about Pfiser, it was a "gold mine and that through FXORO (BASUSRA) we could earn a lot", now they mention AMAZON to you because Black Friday is coming that in my experience in FOREX in these days the shares go down, so what they want is for you to enter, over leverage to "double the account" (the lie) and make you lose EVERYTHING.
      FXORO is a company whose only PURPOSE and OBJECTIVE is to scam people, there are already hundreds of complaints against them, if you search on social networks, like Facebook, they have NO followers, and the few people who comment on them insult them as THIEVES.
      They are cynical and thieves like the imbecile Juan V. Juan V. FXORO [email protected] who has been trained to STEAL, bastard type, thief, mediocre, the HP, of what he "STEALS, he WINS", their motto is: "Robbing everyone is possible" as I saw in a comment on a page.
      Greetings friend and learn from others so that they will NOT scam you, 100% sure they will scam you if you enter.

      • Recommended-brokers.com Reply

        Hello Oscar, very good explanation!!! They never return anything, the money that the clients send is never put on the market, so the only interest they have is that the clients lose it to keep it, what What clients see is an accounting entry on the platform, but it is as if it were a simple DEMO.

        Thank you for commenting on FXORO. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

        If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        Greetings.

  2. Ale Abreg. Reply

    I've been robbed!
    Those guys are assholes, I deposited $200 with them, they made me earn $65 in a week, but I saw that in several forums they were talking about being a scam, I made the withdrawal request more than 1 month ago and they don't answer my emails, the customer service number DOES NOT connect the call, they are scammers, thieves, garbage, these assholes are shit.
    A certain: Andrés Hidalgo Castro, sends a market webinar, but they only do it to steal, in reality those Gil de M don't know anything.
    I read in comments below that they sent emails to notify Roma that they were thieves, another team that these bastards sponsor is: Djurgårdens IF Fotboll, a Swedish team
    https://dif.se/
    https://dif.se/foretag/partnerskap/vara-partners

    Email from the team where you can comment that FXORO are thieves: [email protected] .
    The contact email for sponsors of this team is: [email protected]
    You have to translate it into Swedish and warn them that those assholes are scammers

    Official page of the DIF team:
    https://dif.se/
    https://dif.se/foretag/partnerskap/vara-partners

    • Recommended-brokers.com Reply

      Hello Ale, you have to write to this team so that they know the kind of scam they are doing and that they are being used to make FXORO appear legal or serious. They never return anything, the money that customers send is never put into the market, so their only interest is that customers lose it to keep it, what customers see is an accounting entry on the platform, but it is as if it were a simple DEMO.

      Thank you for commenting on FXORO. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

      • Ale Abreg Reply

        Thanks to you for warning us about these asshole THIEVES, if they are not able to return $265, they are not able to return what they ask for, which is $2,000 or more, since what their advisors say "what you earn, I earn" , what they really mean is: “what I STEAL from you, I WIN”.

        • Recommended-brokers.com Reply

          Hello Ale, you have to write to this team so that they know the kind of scam they are doing and that they are being used to make FXORO appear legal or serious. They never return anything, the money that customers send is never put into the market, so their only interest is that customers lose it to keep it, what customers see is an accounting entry on the platform, but it is as if it were a simple DEMO.

          Thank you for commenting on FXORO. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

          If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

          If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

          Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

          To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

          Greetings.

  3. baddyboy Reply

    Many very insistent and kind will cajole you first with a small amount and a supposed bonus that they give, they will always ask you for more money saying that the opportunities only occur with amounts of 1,000 dlls and above. They never support you in trading and leave you alone when you trade. They say that they only inform you of possible opportunities. You are going to lose money with them, it is a scam, the META 4 platform does not know how a scam broker allows.

    • Recommended-brokers.com Reply

      Hello baddyboy, they never return anything, the money that customers send is never put into the market, so the only interest they have is that customers lose it to keep it, what customers see is an accounting entry in the platform, but it is as if it were a simple DEMO.

      Thank you for commenting on FXORO. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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