Abstract:Oriontero is allegedly a suspicious regulated forex and CFD broker registered in the UK that claims to provide its clients with numerous trading financial instruments with leverage up to 1:200, competitive spreads and minimal commissions on the web-based and downloadable trading platforms, as well as a choice of seven different account types.
General Information & Regulation
Oriontero is allegedly a suspicious regulated forex and CFD broker registered in the UK that claims to provide its clients with numerous trading financial instruments with leverage up to 1:200, competitive spreads and minimal commissions on the web-based and downloadable trading platforms, as well as a choice of seven different account types.
Market Instruments
Oriontero advertises that it offers plenty of tradable assets in financial markets, which include but are not limited to crypto assets, CFDs, stocks, commodities, forex currencies and indices.
Account Types
There are seven live trading accounts offered by Oriontero, namely Bronze, Silver, Gold, Platinum, Diamond, Premium and VIP. Opening a Bronze account requires the minimum initial deposit amount of €10,000, while the other six account types have much higher minimum initial capital requirements of €25,000, €50,000, €100,000, €250,000, €500,000 and €1,000,000 respectively.
Leverage
A leverage ratio of up to 1:200 is offered by Oriontero, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Spreads & Commissions
Oriontero claims to offer competitive spreads and minimal commissions. The broker says that it tries to keep the commissions as low as possible. However, certain services do require that it charges a commission. There isnt any specific value involved directly.
Trading Platform Available
Platforms available for trading at Oriontero are Web Trader and mobile trading platforms. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
Oriontero says to work with payments and withdrawals of funds, consisting of credit/debit cards like Visa and MasterCard, as well as bank wire transfers. The minimum initial deposit requirement is up to €10,000, which is much higher than most regulated brokers. And the minimum transfer amount via credit card is said to be €250. There isnt any deposit or withdrawal fee charged. As for the processing time of deposit and withdrawal requests, credit and debit cards processing time is said to be almost immediate whereas bank wire transfers can take up to 5 working days.
Customer Support
Orionteros customer support can be reached by telephone: +442030061578, email: support@Oriontero.com, live support or get a callback. Company address: Canary Wharf, Tower Hamlets London Borough, E14 5HN, United Kingdom.
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