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ORSFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-06 16:28

Abstract:Registered in Australia, OrsFX is a financial broker offering five classes of trading products. It provides demo accounts and three live accounts, with a minimum deposit of just $10. In addition, OrsFX supports trading via MT5 and offers copying trading services. However, it is important to note that this broker lacks legal regulation.

OrsFX Review Summary
Founded2022
Registered Country/RegionAustralia
RegulationFCA
Market InstrumentsForex, Indices, Commodities, Stocks and Cryptocurrencies
Demo Account✅
Leverage1:500
EUR/USD SpreadFrom 1.5 pips
Trading PlatformMT5
Coping trading✅
Min Deposit$10
Customer SupportTel: +61 483 957 352
Email: support@orsfx.com
Facebook: https://www.facebook.com/orsfx
YouTube: https://www.youtube.com/@orsfx
Physical address: 07/1 Wilson Street West End QLD 4101
Regional restrictionsThe United States, Cuba, Iraq, Myanmar, North Korea, Sudan

  Registered in Australia, OrsFX is a financial broker offering five classes of trading products. It provides demo accounts and three live accounts, with a minimum deposit of just $10. In addition, OrsFX supports trading via MT5 and offers copying trading services.

OrsFX's homepage

Pros and Cons

Pros Cons
Various trading instrumentsRegional restrictions
Multiple account types
Demo accounts
Commission-free account offered
MT5 trading platform
Copying trading
Multiple payment options
Low minimum deposit
No fees for deposits and withdrawals

Is OrsFX Legit?

  ORSFX is registered under the Financial Conduct Authority (FCA) in the United Kingdom with license number 16198181.

Is OrsFX Legit?

What Can I Trade on OrsFX?

  OrsFX offers a wide range of market instruments, including Forex, Indices, Commodities, Stocks, Cryptocurrencies.

  Forex pairs: 65+ forex pairs, like EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD

  EUR/JPY...

  Indices: 25+Indices, like S&P 500, US 100, Dow 30, Nikkei 225, DAX Index...

  Commodities: Gold, Silver, Crude oil, Natural gas, Wheat, Corn, Coffee, Sugar, Cocoa...

  Stocks: Tesla, Apple, Amazon, Nvidia, msft, meta...

  Cryptocurrencies: BTC, ETH, XRP...

Tradable Instruments Supported
Forex ✔
Indices✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on OrsFX?

Account Type

  There are three types of live accounts available on OrsFX, with minimum deposits ranging from $10 to $100, along with varying spreads and leverage.

  Additionally, it provides a demo account for new traders to get accustomed to the platform and refine their trading skills.

Account TypeMin Deposit
Standard$10
Pro$10
Raw$100
Account comparison

Leverage

  OrsFX provides a maximum leverage of 1:500 for all account types, allowing you to adjust the amount according to you individual needs. However, while high leverage can potentially increase profits, it amplify the risk of losses. Given that OrsFX is an unregulated broker, you are advised to exercise caution when utilizing high leverage.

Leverage

Spread and Commission

Account TypeSpreadCommission
RawFrom 0.8 pips❌
ZeroFrom 0.0 pips$0.6
Account comparison

Trading Platform

  The trading platform provided by OrsFX is MetaTrader 5, a professional and advanced platform that can be used on both PCs and mobile devices.

Trading PlatformSupported Available Devices Suitable for
MT5✔Web and MobileExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

  OrsFX offers a variety of deposit and withdrawal methods, including credit and debit cards, Neteller, Skrill, Perfect Money, Bitcoin, Tether, and Binance Pay. Among these options, cryptocurrency payments are non-refundable.

  In addition, OrsFX does not impose any additional internal fees for deposits or withdrawals. However, please be aware that payments to and from overseas banking institutions may incur intermediary transfer fees from either party.

Deposit
Withdrawal
Deposit and Withdrawal

Related broker

No Regulation
ORSFX
Company name:ORSFX LIMITED
Score
1.92
Website:https://orsfx.com/
2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
1.92

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