About ORYX
Company Overview
ORYX, operating under the domain oryxglobaltraders.com, is a trading services provider registered in the United Arab Emirates. The entity was established on January 17, 2020, positioning itself as a relatively recent entrant in the online brokerage space. According to our records, ORYX does not hold any known regulatory licences from recognised financial authorities, which is a significant concern for trader protection.
The company presents itself as a multi-asset broker, offering access to forex, indices, commodities, and cryptocurrencies. It advertises a range of account types tailored to different capital levels, with minimum deposits varying accordingly. A key selling point is the provision of high leverage up to 1:1000, which is far beyond the limits imposed by most regulated jurisdictions and indicates a high-risk trading environment.
Despite its claims of providing trading services, there are reports of fraudulent activities associated with ORYX, and the FXCanary Scam Risk Score of 85/100 underscores the severe risks involved. The lack of transparent information regarding deposit processes and customer support further clouds the broker's reliability. Traders should exercise extreme caution or avoid this broker altogether given the absence of regulatory safeguards.
Overview compiled by FXCanary from regulatory records and public data. full ORYX review