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1.38 /10


United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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License Index 0.00
Business Index 5.97
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2023-06-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

OROTRADE · Company summary

Since OROTRADEsofficial website ( cannot be opened at the moment, we could only piece together this brokerage house by gathering some relevant information from other websites.

General Information

OROTRADE is a forex brokerage registered in the United Kingdom. This brokerage was established quite young, with its operating time only around 2-5 years. Since OROTRADEs official website cannot be accessible now, we could only get minimal information.

Concerning regulatory information, it has been verified that this broker has no valid regulation and it has got a pretty low score of 1.30/10 on the WikiFX website based on five indexes, namely Regulatory Index, License Index, Risk Management Index, Software Index, and Business Index. Please be aware of the risk, for trading with an unregulated forex broker is always a dangerous process.


Market Instruments

OROTRADE claims that it offers its clients access to a series of trading instruments, such as Foreign Exchange, CFD Products, Bonds as well as other derivatives.


When it comes to trading leverage, the default leverage on the OROTRADE platform is 1:200, and clients are not allowed to change it themselves.

Please note that this leverage is too high for retail investors and many regulatory authorities have lowered it to reduce risk. EU, British and Australian brokers are forced to limit leverage for retail clients to 1:30 for FX majors, and the US and Canadian brokers can only provide leverage below 1:50.

Deposit & Withdrawal

OROTRADE claims that it supports clients in making a deposit and withdrawal via Wire Transfer, Electronic Bank Deposit (ACH), but does not provide further information on this part.

Customer Support

OROTRADE offers poor customer support, and it can be only contacted through a Telephone: +44 777 343 212

Risk Warning

Forex and Leveraged trading carry a certain level of risk, and it is not suitable for everyone. Please note that the information contained in this article is for general information purposes only.

Broker Information

Company Name


Company Abbreviation


Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website

Phone of the company

  • +44 777 343 212









Company address










Customer Service Email Address


Company summary

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more than one year
The company OROTRADE froze my account for no reason, saying that I was involved in illegal transactions. After the freeze period expired, the company's website couldn't be opened!
2023-03-01 16:06
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