FXORO Global offers commission-free trading on Forex and Metals for a minimum deposit of $100. Trading Central signals, a 50% deposit bonus, and a $4 cashback per traded lot are some of the broker’s attractive offerings.
FXORO Global; Company Information and Regulation
FXORO Global is a brand operated by ORO FINTECH LTD, a financial company licensed by the Financial Services Authority (FSA) of Seychelles with license No. SD046.
The company also has a European branch operating through MCA INTELIFUNDS LTD authorized by CySEC. However, this FXORO review will discuss the global branch.
FXORO Global Specific Features
The Forex broker distinguishes itself in the crowded online brokerage space with several unique features, including:
Broker | FXORO Global |
Account Types | Fix, Floating |
Regulating Authorities | FSA |
Based Currencies | USD, EUR |
Minimum Deposit | $100 |
Deposit Methods | Credit/Debit Cards (Visa, MasterCard), Bank Wire Transfer, Skrill, Neteller, UnionPay, VoucherPay, Crypto, Globe Pay, Jeton |
Withdrawal Methods | Bank Transfers |
Minimum Order | N/A |
Maximum Leverage | 1:400 |
Investment Options | Real Shares |
Trading Platforms & Apps | MT4, FXORO App |
Markets | Forex, Indices, Commodities, Stocks, ETFs, Crypto |
Spread | Fixed and Floating |
Commission | $0 |
Orders Execution | Market |
Margin Call / Stop Out | 100% / 25% |
Trading Features | Trading Central Signals, Mobile Trading, Real Shares Trading |
Affiliate Program | Yes |
Bonus & Promotions | Referral, Cashback, Volume into Gold, 50% Trading Credit |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, Ticket, Phone Number, WhatsApp, Live Chat |
Customer Support Hours | N/A |
FXORO Global Trading Accounts
The company offers two main account types with different spread structures. It also provides access to swap-free (Islamic) and demo trading.
Features | Fix | Floating |
Max Leverage | 1:400 | 1:400 |
Spread | From 2.0 pips | Floating from 0.3 pips |
Islamic Option | Yes | Yes |
Commission | $0 | $0 |
Min Deposit | $100 | $100 |
Stop Out | Full margin capability | 25% |
FXORO Global Sign up and Verification Guide
Joining the broker as a new trader involves a straightforward but thorough KYC process.
- Visit the broker’s official website;
- Click “Register”;
- Fill out the sign up form;
- Upload supporting documents, including passport and utility bill.
Apps and Platforms
The company primarily offers trading through the renowned MetaTrader 4 (MT4) platform, known for its robust features and user-friendly interface. It also provides a proprietary mobile application.
MetaTrader 4 (MT4)
FXORO Application
MetaTrader provides a comprehensive set of analytical tools. However, to access additional resources, you can check TradingFinder’s excessive list of MT4 indicators.
Fees and Commissions
Offering commission-free trading is one of the brightest points in this FXORO Global review. The broker charges spreads as trading costs, which differ based on the account type.
Account Type | Spreads |
Fix | Fixed from 2.0 pips |
Floating | From 0.3 pips |
Note that the company adds a markup to market spreads due to a lack of commission. It also charges a $25 monthly dormant fee after 3 consecutive months of inactivity.
FXORO Global Broker Withdrawals and Deposits
While withdrawals are processed only via Bank Transfers, there are a wide range of options for charging FXORO Global trading account, including:
- Credit/Debit Cards (Visa, MasterCard)
- Bank Wire Transfer
- Skrill
- Neteller
- UnionPay
- VoucherPay
- Crypto
- Globe Pay
- Jeton
While deposits are free of charge, withdrawals incur a $10 fee. The first three withdrawal requests of each month are free.
Investment Options and Copy Trading
FXORO Global doesn’t provide any copy trading or social trading services. However, it enables traders to buy and sell actual Shares across global stock exchanges.
FXORO Global Promotional Offerings
Bonus programs are among the most attractive topics in this FXORO Global review. The broker has 3 main promotional plans and a comprehensive partnership program.
- Volume into Gold: A Gold bullion for those with 2,500 lots turnover in 90 days
- Welcome Gift: 50% extra funds on deposits between $100 and $10,000
- Cashback: A $4 rebate per traded lot
- Referral: up to $500 commission per referred client
FXORO Global Broker Customer Support
The company provides 24h client service through various channels, including Hotline, Live Chat, and Ticket system.
Tel 1 | +442031290670 |
Tel 2 | +2482548988 |
info@global.fxoro.com | |
Ticket | Through the “Contact Us” page |
Live Chat | Available on the “Client Dashboard” |
+35725205558 |
FXORO Global Trust Score
The company performs poorly when it comes to trust scores and user experience. FXORO TrustPilot has no rating due to a breach of guidelines (fake FXORO reviews).
The broker’s profile on the Forex Peace Army website has 7 comments, resulting in a score of 1 out of 5.
Conclusion and Final Words
FXORO Global provides access to 6 asset classes, including Forex and ETFs. The maximum leverage option is 1:400 with fixed and floating spreads. The broker supports Skrill, Neteller, and Crypto deposits with no commissions.
