FXORO Journal
| Journal status: live FXORO joined in | not yet |
FXORO Profile
Website
Year
2012
Country
Seychelles
Branches
1
Regulation
FSA Seychelles
Registration
FSA Seychelles, CySEC Cyprus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, US
Broker type
MM
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
FXORO Accounts
MM
Minimum Deposit
100 $
Leverage
400 : 1
Minimum Lot
0.5 lots
EURUSD spread
2 pips
Commission
0 $/lotRT
Volume
30 lots
Margin Call
50 %
Stop Out
25 %
Execution
Instant
Spread
fixed
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Skrill, Neteller, Jeton, GlobePay
Base currency
USD, EUR, GBP, CHF
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: FXORO broker profile
Is FXORO safe?
- Investor protection: no
- Regulation: FSA Seychelles
- Registration: FSA Seychelles, CySEC Cyprus
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is FXORO trusted?
- Information transparency: sufficient
★★★ - Customer service: virtually non-existent
★ - FXORO website: semi-detailed, updated
★★★ - FXORO popularity (by visitor count): low visits
★★
How FXORO works
2.20 The Company will make available, by posting on the Company's website and/or the Trading Platform, the current price applicable to a currency pair, commodity, index, share or any other financial asset or instrument, and offer the Customer the opportunity to submit an Order in respect of such asset. The Company expects that the current prices will be reasonably related to the actual prices of such Underlying Assets available in the market. The Company makes no warranty, express or implied, that the quoted prices represent prevailing market prices.
6.2 We execute your orders as soon as reasonably practicable, but sometimes there will be a delay between when we receive your order and when we are able to execute it. Where a delay occurs, there may be a difference between the market price of the securities that you were quoted and the market price on the exchange, which may or may not be to your benefit. The exchange is not required to accept your order and is not required to execute your order at the price that you were quoted.
5.6 Moreover, the Client hereby confirm not to use the Trading Platform or enter into any Transaction or give an Order within the definition of market abuse or in any other abusive way. This includes usage of server latency and/or lag trading, price and/or time manipulation, scalping or any other practices which are considered illegal and are used in order to provide an unfair advantage to the Client.
6.7 The Company may vary such interest rates calculation without notice when changes are to the Customer's advantage, or the grounds for changes are due to external circumstances beyond the Company's control. Such circumstances are: ... (iii) Changes in the relationship with the Company's counterparties (i.e. liquidity providers), which affect the Company's cost structures.
https://global.fxoro.com/wp-content/uploads/2020/02/Client_s_Agreement.pdf
FXORO re-quotes orders if they have not been filled, therefore in the case the order has not been filled at the required price, the order will be re-quoted.
https://global.fxoro.com/en/trading-info/
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