Brokers  /  FXORO

FXORO

Moderate riskForex / CFD broker
🇸🇨 Seychelles · 5-10 years · since 2018-10-23 · ORO FINTECH LIMITED
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Independent ratingshow third parties score this broker
WikiFX6.39/10
Trustpilot3.9/5
Forex Peace Army/5
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FXORO operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
29
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC, FSA
  • Registered in Seychelles (offshore, light oversight)
  • 12 user exposure/complaint reports filed
  • Withdrawal complaints in ~24% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2810%
Real-user sentiment208%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameORO FINTECH LIMITED
Headquarters🇸🇨 Seychelles
Founded2018-10-23
Years operating5-10 years
Employees0
Official websitefxoro.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Suite 3, Global Village, Jivan’s Complex Mont Fleuri, Mahe, Seychelles

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
CYSECDerivatives Trading License (MM)126/10CyprusRegulated
FSADerivatives Trading License (EP)SD046SeychellesOffshore Regulation

Review analysis AI

The real reviews paint a highly polarized picture. Numerous users report successful trading and efficient withdrawals, but a significant minority describe severe issues including blocked withdrawals, account manipulation, and allegations of fraud from former staff. The Trustpilot score of 3.9 masks a deep divide between satisfied and aggrieved clients.

Best for
  • Traders who value quick withdrawal processing
  • Users who want a regulated broker with a long track record
Not for
  • Traders who prioritize low spreads
  • Those sensitive to potential fraud or unregulated entities
Period:
What users complain about
What users praise
Where reviewers are from
🇮🇳 IN14
Italy4
RO3
🇮🇹 IT2
CY2
SE2
Positive vs negative · last 12 months Pos Neg
Nov
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May
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Oct
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Real user reviews

Where FXORO operates

Active across 7 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇳🇱 Netherlands EEA
🇳🇴 Norway
🇱🇰 Sri Lanka
🇮🇹 Italy EEA 4 complaints
🇵🇱 Poland EEA
🇺🇸 United States
🇸🇪 Sweden EEA
🇨🇾 Cyprus Licensed
🇸🇨 Seychelles Licensed
🇦🇷 Argentina 1 complaint
🇮🇳 India 1 complaint
🇲🇽 Mexico 1 complaint
🇵🇾 Paraguay 1 complaint
🇸🇦 Saudi Arabia 2 complaints
🇬🇧 United Kingdom 1 complaint

🇪🇺 Passported across 15 EU/EEA countries under its EU license.

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What FXORO says about itself as stated by the broker · not independently verified by FXCanary

Regulation

FXORO states it is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license no. 126/10 and by the Seychelles Financial Services Authority (FSA) under license SD046.

Trading Platforms

The broker offers the MetaTrader 4 (MT4) platform for trading.

Products

FXORO provides online Forex and CFD trading services.

Company Background

The company, ORO FINTECH LIMITED, was founded in 2018 and is based in Seychelles.

About FXORO

Company Overview

FXORO is a brokerage firm founded in October 2018 and headquartered in Seychelles. The company operates under the legal name ORO FINTECH LIMITED and provides online trading services in forex and contracts for difference (CFDs). It aims to serve retail traders by offering access to global financial markets through its trading platforms.

Regulation and Licensing

FXORO holds two regulatory licenses. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 126/10, which classifies it as a market maker. Additionally, it is registered with the Seychelles Financial Services Authority (FSA) under license SD046, operating under offshore regulation. These licenses provide a degree of oversight, though the offshore status may offer different levels of investor protection compared to top-tier regulators.

Trading Platforms

The broker provides the widely used MetaTrader 4 (MT4) platform. MT4 is known for its advanced charting tools, algorithmic trading capabilities, and user-friendly interface. Traders can access the platform via desktop, web, or mobile devices, allowing for flexible trading across different environments.

Tradable Instruments

FXORO offers trading in forex and CFDs. The specific range of instruments is not fully disclosed in the provided data, but typical offerings include major and minor currency pairs, indices, commodities, and possibly stocks. Traders should verify the full list of instruments with the broker directly.

Account Types

Information about specific account types is not disclosed in the data provided. Typically, brokers offer varying account tiers with different minimum deposits, spreads, and leverage. Traders are advised to consult FXORO's website or customer support for details on available account options.

Funding and Withdrawals

FXORO supports a variety of payment methods, though the exact methods are not listed in the data. User reviews indicate that deposits are generally processed quickly, while withdrawals can be fast in some cases but may experience delays for others. The broker states a clear commission structure for transactions.

Customer Support

Customer support is available via live chat and phone. Reviews highlight that trade advisors and account managers are responsive and provide training and signals. However, some users report unresolved complaints and issues with account managers.

Overview compiled by FXCanary from regulatory records and public data. full FXORO review