Ortega Capital -Some Important Details about This Broker

WikiFX | 2022-10-10 15:54

Abstract：This Ortega Capital is a clone broker trying to use the name of another LSFA-regulated Ortega Capital to confuse investors.

Risk Warning: This Ortega Capital is a suspected fake clone, and it tries to take advantage of the name of another LFSA-regulated Ortega Capital (domain URL: https://www.ortegacapital.com/) to defraud investors.

General Information

This Ortega Capital is a clone broker trying to use the name of another LSFA-regulated Ortega Capital to confuse investors. Please take care to distinguish these two:

l Fake Ortega Capital (https://trading.ortegacapital.com/)

l LFSA-regulated Ortega Capital (https://www.ortegacapital.com)

This Ortega Capital was registered in Saint Vincent and the Grenadines, a shady place full of scammers, and this broker is not authorized or regulated by any regulatory authorities to conduct related services. Please be aware of the risk.

Market Instruments

Ortega Capital seems only provides forex trading. other popular and mainstream trading products like commodities, indices, stocks, and more are not available.

How to open an account with Ortega Capital？

Opening an account with Ortega Capital is an easy and simple process:

1. Click the “Open Account” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. After your approval, fund your account and start to trade with this forex broker.

Leverage

In terms of trading leverage, Ortega Capital allows its clients to use leverage of up to 1:100. If you want to change the leverage ratio, you can log in to Ortega Capitals client portal and submit a request, which is located at the top left hand corner of the user dashboard.

Leverage may increase your potential gains it can also cause serious fund losses. Please not to use excessive leverage for the safety of your hard-earned funds.

Spreads & Commissions

Ortega Capital boasts that it offers ECN spread, which is the raw spreads starting from 0.0 pips. besides spreads, a commission of USD 12 (or its equivalent) per lot traded is chargeable.

Trading Platform

Ortega Capital offers its clients the industry-leading MT4 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT4 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as robust charting package, EA (Expert Advisors) supported.

Trading Tools

Aside from trading platforms, there are some trading tools available, including Charting & Analysis, Signal Provider, Economic Calendar.

Payment Options

The Minimum deposit to invest with this broker is $500, and Ortega Capital allows its clients to make a deposit and withdrawal through Bank Wire Transfer, Neteller, Skrill, China Union Pay.

Funding through wire transfer and union will take up to 5 business days for funds to appear into the account, and payments through Neteller and Skrill can be instantly reflected into your account.

Customer Support

Clients with any inquiries or trading-related issues can visit this brokers FAQ section to find some basic answers. If you need staff service, you can try to contact this broker through an email it gives: cs@ortegacapital.com.

Trading and support desk is available from 22:05:01 P.M. GMT Sunday through 21:54:59 P.M. GMT Friday.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Forex trading Forex Broker

Related broker

No Regulation

Ortega Capital

Company name：Ortega Capital Limited

Score

1.58

Website：https://trading.ortegacapital.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.58

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