✔️ Information reviewed and updated in April 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.
LA ROMA FC, from the great TOTTI, is no longer sponsored by thieves (FX GOLD) 🙂
They already realized that they no longer sponsor Roma FC, both on the official page of the THIEVES (FX GOLD) and that of ROMA FC. They no longer appear as “partners”
https://www.asroma.com/en/club/partners
I'm super happy x thieves, FXORO = Scammers, again when they want someone to come in, they call and speak only lies, I gave them a second chance with the bastard Juan V [email protected], after they told me that what happened with the previous advisor (A sidoso) was something unfortunate, I entered with little the 2nd time, to try and then maybe encourage me to more, but definitely, put the advisor who PONGAN, they are thieves .
So they can no longer presume to be sponsors of ROMA FC, to continue defrauding people.
Greetings.
Hello Oscar, great, we are glad that you have realized that a serious entity was collaborating with some scammers.
Greetings.
I loro colleghi di europeanstock .eu già li hanno censoti perché hanno violatole norme Mifid2, facevano part of the mca intellifund Ltd group come i truffatori di fxoro
Hi Rita, thanks for this new information, you have to report it and you have to notify ROMA (soccer club), so they will cancel the contract, they never return anything, the money that customers send is never put on the market, so the 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.
FXORO= SCAM, THIEVES, DRUGS, CEBORREICOS, etc.
They are professional thieves, FXORO (Thieves), it is a scam and broker crap, I leave you emails from the Seychelles post, to let you know that the company that is in your country is crap.
Minister for Local Government and Community Affairs – Mrs. Rose-Marie Hoareau
Email: [email protected]
Principal Secretary Office
Principal Secretary – Mr. Kevin Perine
Email: [email protected]
Financial Controller- Ms. Marlene Valentin
Email: [email protected]
The website of that country
http://localgovernment.gov.sc/contact-us
http://localgovernment.gov.sc/
Hello Olivares, thanks for providing these email addresses, to all those who have scammed write to all these emails in Spanish and with google translator to English and explain what they are doing, how they deceive you and scam you to take your money.
Greetings.
They are professional scammers, the entire company scheme is set up to scam !!!!!!
Hi Edwin, 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.
If you are organizing a Class Action across the legal study and confront the truffatori di fxoro
This broker is not worth a penny, it's a scam, they just want to steal money from all their clients...don't trust them with your savings, you'll lose them!!!!
Hello Paolo, you have to notify ROMA (football 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.
Manipulators, thieves and useless people I knew. Trading 212 How are you? It is recommended?
Hello Mayte, 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 the customers 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.
I thank you for all the comments you have made, which with which you have put me on notice not to put my money. A few minutes ago I filled out the form, but although the person I was speaking with insisted on entering a small amount and I gave up the attempt and left it for next Thursday. Then, I have looked for the comments on the forum and you have finished setting off the alarms for me and of course I will not put a single euro with the work that it costs us to save them. I saw Amazon's investments and asked, and yet Amazon indicated that there were no sales of shares, which the manager of this mafia entity had denied me. Thank you very much for everything and I am sorry for the people who have scammed these scoundrels. Greetings to all.
Hello Miguel Angel, thanks for your comment, we should all investigate well before investing in any company.
Greetings.
I really like to see there are still groups helping other people to earn extra. I lost 100 euros in 5 minutes I had barely deposited it two days before and they still wanted more money so that I would lose more and so on constantly, if not I don't understand
Hello Santiago, FXORO is a scam, be very careful.
Greetings.
€100,00? My husband and I have lost almost €3.000,00 in less than a week. With so many complaints about fraud, it shouldn't be very difficult to get the cigar into them. You guys can't collect our information and help us? What exactly do you do if I may ask. Greetings. Thank you
BURGLARS
Hello Julian, yes, you are absolutely right, they are scammers, thieves, but if you can, explain your case to us, how it all happened, you will be helping many people not to fall into the traps and lies that they use to swindle you of all the money that they can.
Greetings.
I'm disappointed I had a little illusion in this
Hello Luis, unfortunately it is a scam and many users are being deceived.
Greetings.