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Oriondeal

Marshall Islands|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://orionusdeal.com/

Website

Rating Index

Contact

+44 7960579274
support@orionusdeal.com
https://orionusdeal.com/
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 7960579274

Broker Information

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Company Name

Ether Arena LTD

Company Abbreviation

Oriondeal

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Oriondeal · Company Summary

Oriondeal Basic Information
Company Name Oriondeal
Founded 2023
Headquarters Marshall Islands
Regulations Unregulated
Tradable Assets Currencies, Crypto, Gold, Oil, Stocks
Account Types Not Specified
Minimum Deposit €250
Maximum Leverage 1:100
Spreads Not Specified
Commission Not Specified
Deposit Methods Bitcoin
Trading Platforms MT4
Customer Support Phone: +44 7960579274,Email: support@orionusdeal.com
Education Resources Not Specified
Bonus Offerings Not Specified

Overview of Oriondeal

Oriondeal, founded in 2023 and headquartered in the Marshall Islands, presents itself as a trading platform without regulatory oversight, offering a broad spectrum of tradable assets including currencies, cryptocurrencies, gold, oil, and stocks. It attracts traders with a leverage of up to 1:100 and a relatively low minimum deposit requirement of €250, exclusively accepting Bitcoin for transactions. The brokerage facilitates trading on the renowned MetaTrader 4 platform, known for its comprehensive tools and features, and provides customer support through phone and email. Despite these offerings, the lack of regulation underscores the importance of due diligence by potential clients to navigate the inherent risks of trading with an unregulated entity.

Overview of Oriondeal

Is Oriondeal Legit?

Oriondeal is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like Oriondeal, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices.

Is Oriondeal Legit?

Pros and Cons

Oriondeal emerges as an intriguing option for traders looking for diversity in trading instruments, including currencies, crypto, gold, oil, and stocks, all accessible via the acclaimed MetaTrader 4 platform. Its leverage offering of up to 1:100 and the unique method of Bitcoin for transactions cater to modern trading preferences. However, the absence of regulatory oversight poses significant concerns about the security of trader funds and the transparency of operations. Additionally, the scarcity of detailed information on spreads and commissions could hinder traders' ability to make fully informed decisions.

Pros Cons
  • Access to a variety of trading instruments
  • Lack of regulation raises security concerns
  • Uses the MetaTrader 4 platform
  • Potential risks due to the lack of transparency
  • Up to 1:100 leverage
  • Limited information on spreads and commissions

Trading Instruments

Oriondeal provides a diverse range of trading instruments including currencies (forex), cryptocurrencies, gold, oil, and stocks.

Here is a comparison table of trading instruments offered by different brokers:

Broker Forex Metals Crypto CFD Indexes Stocks
Oriondeal Yes Yes Yes No No Yes
AMarkets Yes Yes No Yes Yes Yes
Tickmill Yes Yes Yes Yes Yes Yes
EXNESS Group Yes Yes Yes Yes Yes Yes

Leverage

Oriondeal offers a leverage ratio of 1:100 for its trading services.

Here is a comparison table of maximum leverage offered by different brokers:

Broker Oriondeal FxPro IC Markets RoboForex
Maximum Leverage 1:100 1:200 1:500 1:2000

Deposit & Withdraw Methods

Oriondeal supports Bitcoin as its payment method, with a minimum deposit requirement of €250 for starting trading activities.

Here is a comparison table of minimum deposit required by different brokers:

Broker Oriondeal Exnova Tickmill GO Markets
Minimum Deposit €250 $10 $100 $200 USD

Trading Platforms

Oriondeal offers the MetaTrader 4 (MT4) platform for trading, renowned for its advanced trading features, analytical tools, and automated trading capabilities.

Trading Platforms

Customer Support

Oriondeal provides customer support through phone at +44 7960579274 and email at support@orionusdeal.com, ensuring clients can reach out for assistance with their trading accounts and platform queries.

Conclusion

Oriondeal presents a mixed proposition for traders. On one hand, its offering of a diverse range of trading instruments, the use of the popular MetaTrader 4 platform, and the provision of up to 1:100 leverage are notable advantages that cater to various trading strategies and preferences. On the other hand, the absence of regulatory oversight is a significant drawback, raising concerns about the safety of client funds and overall transparency of the broker's operations. This lack of regulation may deter prospective clients seeking a secure and transparent trading environment. Ultimately, while Oriondeal may offer attractive trading conditions, the potential risks associated with its unregulated status cannot be overlooked, and traders should proceed with caution.

FAQs

Q: Is Oriondeal regulated?

A: Oriondeal does not have any regulatory oversight, which is important to consider for those concerned with the security of their investments

Q: What is the minimum deposit required to start trading with Oriondeal?

A: minimum deposit of €250 is required to commence trading with Oriondeal.

Q: Which assets can I trade with Oriondeal?

A: You can trade currencies, cryptocurrencies, gold, oil, and stocks with Oriondeal.

Q: How can I deposit funds into my Oriondeal account?

A: Deposits into Oriondeal accounts can be made using Bitcoin.

Q: What is the maximum leverage available at Oriondeal?

A: Oriondeal offers leverage of up to 1:100.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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FX1347054363
more than one year
They said that they offer swap-free trading accounts. However, my account manager denied it when I asked him. I got quite confused, but no one could give me a clear answer. I have deposited 500 dollars on this platform, traded with bad signals and huge spreads, always sharp slippage due to the slow order execution. I had that enough, and I just want to leave asap. Stay away from this hateful broker.
2023-03-21 10:08
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0
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FX1360737986
more than one year
I've been using this broker for the past few months, I've gotten great results. It hasn't been difficult at all, I'm having a very positive experience. They are knowledgeable and always ready to help.
2023-03-08 18:00
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