ORON TRADE

Note: Oron Limited's official website - https://www.orontrade.com/ is currently inaccessible normally.

Founded in 2023, Oron Limited is a broker registered in Saint Lucia, offering services in Forex, Crypto, Indices, Stocks, Energy, and Commodities. Oron Limited provides three types of accounts, with a minimum deposit of only $20 for Micro accounts and leverage as high as 1:500. However, this broker is not regulated by any authority.

Pros and Cons

Is Oron Limited Legit?

No, Oron Limited holds no legal license, which exposes you to high risks. Therefore, you should carefully consider before trading with such an unregulated broker.

What Can I Trade on Oron Limited?

Oron Limited claims to provide a range of tradable instruments, including Forex, Crypto, Indices, Stocks, Energy, and Commodities.

Account Type

Oron Limited provides three types of real accounts: a Micro Account, a Standard Account, and an ECN Account. The Micro Account boasts a very low minimum deposit requirement of just $20. In contrast, the Standard Account requires a deposit of $1,000, while the ECN Account has an even higher threshold, set at $10,000.

Leverage

The maximum leverage of 1:500 offered by Oron Limited entails a high risk in trading. While high leverage can amplify potential profits, it also magnifies the potential for losses. You should be cautious when facing such high leverage, especially with an unregulated broker.

Spread and Commission

Spreads vary depending on account types. For Micro and Standard accounts, the spreads are not particularly competitive in the industry, set at 1.5 pips and 1 pips respectively. Fortunately, these two accounts are commission-free. However, for the ECN account, the spread starts from 0 pips but charges $7 per lot per side.

Trading Platform

Oron Limited provides MetaTrader 5, a professional trading platform with advanced charting tools and order execution options, which is accessible through Web-based and mobile devices.

However, since Oron Limited is unregulated, we still recommend you to choose a legal broker to make transaction safely.

Deposit and Withdrawal

Oron Limited offers a variety of payment methods, including Wire Transfers, Credit Card transactions, and more.

Each payment method has a minimum deposit or withdrawal requirement, and some may also incur commissions.

Deposit

Withdrawal