Alright, we have to ask what is going on with Oriontero broker and its website. When you log in, the first thing you see is a giant white horse that drags attention from any text next to it. Furthermore, the company promises the best trading technology, and it turns out it delivers nothing. Read our Oriontero review and find out more details.
In addition, we strongly recommend you not to invest in fraudulent brokers Richmond Super, FullMarkets and DCMGroup.
| Broker status: | Unregulated |
| Regulated by: | Unlicensed brokerage |
| Scammers Websites: | oriontero.com |
| Blacklisted as a Scam by: | N/A |
| Owned by: | N/A |
| Headquarters Country: | N/A |
| Foundation year: | 2021 |
| Supported Platforms: | WebTrader |
| Minimum Deposit: | 250 EUR |
| Cryptocurrencies: | Available – ETH, BTC, XRP |
| Types of Assets: | Currency pairs, commodities, indices, stocks, crypto |
| Maximum Leverage: | 1:200 |
| Free Demo Account: | Not available |
| Accepts US clients: | US traders are accepted |
Is Oriontero Regulated? – Why Is It Important?
Why is it important for any financial service provider, including banks, to be regulated?
Because once there is an issue, you need someone above the provider to resolve the problem and ensure you won’t lose your money. It’s the same with Forex brokers.
Since this particular firm didn’t provide us with any details regarding owner, headquarters, and more, we were blindly searching through financial registers looking for Oriontero regulation.
What’s Wrong With A Trading License?
Once we’ve checked FCA, BaFin, ASIC, and more, we’ve determined that Oriontero is an anonymous and unregulated investment firm. And you surely don’t want to be involved with such.
Where Is Oriontero Trading Scam Active?
Better to say where Oriontero trading scam is not active. Our research has shown that the broker operates in:
- Canada
- Australia
- New Zealand
- Sweden
- UK
- Netherlands
However, the list doesn’t end here, so watch out and avoid any offers from this scheme firm.
Oriontero Trading Reviews – Stay Away!
If our warnings are not enough, check Oriontero’s reviews. You won’t find a single good word about this investment company. Clients complain about account managers, withdrawals, trading platforms, and anything they can.
Also remember the names of theLeumInvest,DeliTraders andTredero trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Supported Trading Platforms
While it claims to provide sophisticated trading tools, such as MT4 and MT5, in reality, the Oriontero trading platform is a plain WebTrader.
Oriontero MT4 and MT5 Platform
As mentioned, Oriontero brags about MetaTrader, while the only platform you can actually access is WebTrader. MetaTrader is available as a mobile app but not as a desktop app or even as a desktop WebTrader. Instead, you’ll get a poor attempt of a platform with not even close charts and indicators as you’d get with MetaTrader. Furthermore, the leverage is unregulated and goes to 1:200, so you really don’t need it.
Mobile Trading App
The only good thing is Oriontero’s login via mobile, which can be done through the MetaTrader app. Yet, access to certain perks is limited since the company wanted to save some money and not purchase the full MetaTrader version.
Oriontero Range of Trading Instruments
We’ll give the broker Oriontero some credit for trading instruments. Clients have access to:
- Currency pairs
- Commodities
- Indices
- Shares
- Cryptocurrencies
Trading Accounts Overview – Demo and Real Accounts
Here are your options for Oriontero account types:
- Bronze – 10,000 EUR
- Silver – 25,000 EUR
- Gold – 50,000 EUR
Don’t worry; the Bronze account is not the initial one, so you can start with Oriontero’s minimum deposit of 250 EUR. Yet, you will have no perks whatsoever until you upgrade. And it’s a standard scheme for how a company can make you invest since they refuse to provide you with any sort of adviser unless you’re a high priority.
Demo Account – Risk-Free Environment
No, the Oriontero Demo account doesn’t exist, so watch out when the company approaches you and asks for your money right away.
Islamic Account
Unlike Demo, the broker provides an Islamic account, so if you wish to have a swap-free account, here’s an option.
Oriontero Affiliate and Loyalty Program – Scam Scheme
And finally, we come to the proof that Oriontero Forex broker is nothing but a Ponzi scheme. The company invites anyone who considers themselves “active internet users and social media influencers” to apply for an affiliate program. Of course, they are entitled to a percentage of the deposit others make. However, since the broker doesn’t intend to pay out to you or anyone you bring, it all comes down to good old MLM marketing. Be aware of it, and don’t get involved.
Scammed By Oriontero Broker? – Talk To Our Recovery Experts
If you are a victim of the Oriontero scam, let us know. Our recovery specialist would love to assist you with this matter and help you get a refund. Contact us via online chat to book your FREE consultation and let’s get your funds back now! Don’t let scam brokers run away with your hard-earned money.