✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company FXORO is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and 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...
Below we will show you essential information about FXORO and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | fxoro.com |
| 🏠 Company | MCA Intelifunds Ltd |
| ️ Regulatory | CySEC |
| [email protected] | [email protected] | [email protected] | [email protected] | |
| 📈 Leading | MetaTrader4 (MT4) |
| 📌 Direction | Petrou Tsirou 82, Mesa Geitonia, 3076, Limassol, Cyprus |
| 🕑 Website age | Website registered on: September 08, 2011 |
| ❓ Company type | Forex Broker, Shares, Commodities, Indices, CFDs, ETFs |
Company: FXORO is owned by MCA Intelifunds LTD.
Location: FXORO mentions being located in Cyprus, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.
We can already tell you that we are concerned about several characteristics of this company.
What is FXORO?
After having carried out an analysis of the company's website, we can say that FXORO is a broker for Forex, Shares, Commodities, Indices, CFDs, ETFs.
Account types
The company does not provide information about having different types of accounts.
| Account type | Minimum initial deposit |
| Fix | $0 |
| Floating | $0 |
Information on the web
Here we show you a screenshot of the FXORO website, which is fxoro.com. The capture was made in December 2023.
Contact: phone numbers and email
After having performed an analysis of the website:
– We have found the following phone number: +442031290670
– We have found the following email: [email protected] | [email protected]
| [email protected] | [email protected]
FXORO Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
This company mentions being regulated in Cyprus, this location is used since the regulation of this type of country is practically non-existent. It is almost the same as working with an unregulated broker. That is, if you work with a broker with this type of regulation, unfortunately you are 100% unprotected. Therefore, at the regulatory level, unfortunately FXORO is a completely dangerous and very unsafe broker.
🚫 FXORO Final Valuation 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of FXORO and we have reached the following conclusions about this company:
Location: They mention being located in a VERY UNSAFE location such as Cyprus.
Regulatory: They mention being regulated by a very unserious and, above all, unsafe regulator, such as Cyprus. There is a clear lack of security at the regulatory level.
We noticed that the company apparently is linked to scam companies or companies with a very bad reputation.
In conclusion, when analyzing FXORO and its location in Cyprus, a place known for its light regulations, along with the accumulation of negative user reviews, a disturbing picture presents itself. Regulatory laxity in Cyprus raises investor protection concerns. The presence of numerous negative reviews suggests problematic experiences on the part of users. Given this combination of factors, our recommendation is clear: do not invest or carry out operations in FXORO. Selecting platforms with strong regulations and a positive reputation is essential to safeguard your investments and ensure a safe financial experience.
Updates
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 |
Video about FXORO
User Reviews
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
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report FXORO
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
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.
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 reliable?
No. FXORO is not reliable, it is a very unsafe company: 1) The broker is located in a country considered unsafe 2) The regulation it has is not of good quality 3) is linked to a scam company (sagatrade)
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.
I'm not even sleeping. They don't give you a phone number to return calls and I don't know what to do or who to ask for help
Hello Stefany, you have to notify ROMA (soccer club), that way they will cancel the contract, they never return anything, the money that customers send is never put on the market, so the only interest they have is that they lose it. customers to stay with 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.
SCAM, SCAM SCAM, DO NOT RETURN MY MONEY THEY ARE PROFESSIONAL THIEVES. THEY ARE THIEFS. I AM ON THE WAY TO THE POLICE TO REPORT THEM, THEY STOLE MORE THAN 10.000 EUROS IN LITTLE OVER A MONTH.
I HAVE PROOF, MAILS, NAMES OF ADVISERS
Hello WEN, you have to notify ROMA (soccer club), that way they will cancel the contract, they never return anything, the money that customers send is never put on the market, so the only interest they have is that they lose it. customers to stay with 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.
It is a very good idea to make a forum and report them. Do you know how to report? I lost almost 300 euros in one day with them. Thanks for the page and all the information. Kind regards Susan
Hi Sussana, you have to gather as much information in this forum and above all file a complaint with the police in your country for each of the scammed. Also denounce the ads they put on social networks.
Greetings.
Of course they use fake names I can't understand people who believe those names and tell a long story here with that name. The only thing I don't know is how they got my phone and if they sold my contact to other investment companies because since they called me now they all call me
Hi Esteban, you have to notify ROMA (soccer club), that way they will cancel the contract, they never return anything, the money that customers send is never put on the market, so the only interest they have is that they lose it. customers to stay with 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.
You have to write to ROME to stop working with these thieves. I can't believe they work with these thieves.
Hello, it's not a bad idea, 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 a 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.
Hello, I was also scammed, here I was able to get some means of contact to write directly to the Roma club in Italy, I have written to them that they knew they were working with a scamming broker, who has scammed me thousands of euros. I invite you to do the same to all those scammed by FXORO (THIEVES)
Here https://www.asroma.com/en/club/contact-as-roma
Here https://store.asroma.com/en/contact/
and also here [email protected] , [email protected]
I think if we write a lot of people will hopefully end their deal with the FXORO crooks
Hello Marcos, it's a very good idea, that way they will cancel the contract, they never return anything, the money that the clients send is never put into the market, so the only interest they have is that the clients lose it to keep it, 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.
Hello, Marcos, the idea of writing to ROME is very good. I already wrote to them that they know that they work with a company (FXORO) that is dedicated to scamming and that they stole more than 5000 dollars from me and that now they don't even answer the phone. I won't stop until I get my money back. Nobody tells us a worker where I can go to look for them to return what was stolen?
Someone must know where these thieves work. From where they make the calls and the scam.
Greetings.
Hello Carlos, everyone should do it, so that they eliminate that sponsorship that serves to give them a certain false legality.
Greetings.
I do not recommend this. They scammed my best friend and his family
Hello Mateo, 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 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.
Good day. I am about to invest with them, they ask me to pay them $100 and they give me a guarantee that they will return it to me as I no longer want to continue with them, but reading the negative comments and highlighting the fact that they are scammers I WILL NOT DO IT. The only thing is that I already fill out the form and stay in the last step of paying the account.
Hello Joshue, well you save a lot of money and a nightmare, you do very well not to fall into their nets.
Greetings.
Hello, I had only put €200 to start but seeing this I have given it to withdraw and I get a successful withdrawal but nothing has arrived yet, do you know how long it takes to arrive? Or if it's clear
Thank you
Hi Roberto, 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 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.
I read all the options and I am scared since today I am operating with them, I have invested €2400
For today I have 4 open operations since weeks ago and they do not close. I'm waiting for them to close so I don't work with them anymore.
My suspicions began with the latest investments that take time to close and with all this I don't do trading, I have an advisor.
At the beginning, my advisor invested in a small amount of time so that they closed and earning less is the best, since doing it this way I believe that for those of us who have little, we earn more. The worst is what it does now, as I told it at the beginning, it reverses and they shoot and go negative, they go up and down without control, which makes me feel trapped and I can't liquidate to retire. I already warned you that I hope I don't have complications when I retire my money, they say no problem, but here I am waiting to be able to close everything to get everything out, seeing these complaints I'm scared...
Hello Elena, they will never give you your money back and they will ask you for more and more, do not fall for their lies, DO NOT TRUST, they will steal everything from you. Say that you manage a family fund that you have thought of investing with them but you want to make sure that the money comes and goes and they ask them to return €2000 to you as a test and that when you receive it you will invest it again immediately and apart you will put €40.000 in one part of the family fund that you manage. If you are convincing they will give you your money, they are scammers and a bigger treasure is very tempting.
Greetings.
Greetings from Cantabria. With Easter I hardly had time to comment on the experience of my first consultation. There was no call, about 40 minutes I was waiting and preparing questions to hunt these beasts and I ended up playing solitaire. Very sincerely I wanted and really wanted to talk to that professional who I had been told about and who knew so much. At least to make me laugh for a while. On Monday, April 11, 2022, they called me in the morning when I had already warned them that I have very full mornings and no time to manage these teasing, in this case of course. And it is that I went from being a "professional scammer" to a "time waster". One is always curious about where these money-stealing machines come from and sometimes we fall into the game of making the penguin with them too. Greetings.Jose
Hello Loser, 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 on the platform, but it's like 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.
Who are they and in which country are they located? I. I saw on Facebook and then the vacancy page disappears. I blocked the number but they call me from different locations in Spain and there is no physical store. I don't know why they located me either and sometimes they call me speaking English but I'm not sure it's them too. They should create a commercial call blocker. Thank you
Hi Gis, thanks for the suggestion.
Greetings.