Are you looking to achieve financial independence? Do you want to supplement your existing income? Are you thinking about switching careers? Do you want to tap into the potential of the financial markets? Regardless of what reason you have decided to join the trading train, you will definitely need the services of a broker.
There isn’t a shortage of companies offering their services, but you have to know what they are offering before you can make a decision. This is what you can do with FXORO review because it offers you an overview of the broker’s services.
Founded in 2012, FXORO has developed a strong reputation over the years for providing exceptional trading services to global traders. It offers forex and CFD (Contract for Difference) trading services and is regulated in different regions.
It is a trademark of ORO Fintech Limited, which is registered in the Republic of Seychelles and is regulated by the Financial Services Authority (FSA).
It is also a trademark of MCA Intelifunds Limited, which is registered in Cyprus and falls under the regulation of the Cyprus Securities and Exchange Commission (CySEC).
This is undoubtedly impressive, but this is not all you need to know about FXORO. Let’s check out the review below to find out more:
The Markets Available
The first thing you need to know about FXORO is what markets you can access via their platform. You will undoubtedly be pleased with the offerings because you can trade in some of the world’s biggest and most profitable markets.
You can get access to currency pairs in the forex market, such as EUR/USD and GBP/USD, or you can try out the stock market and invest in companies like Amazon and Apple.
Indices like FTSE 100 and S&P 500 are also available and you can trade cryptocurrencies like Bitcoin, Ethereum and Litecoin. Commodities can also be found, such as precious metals, agricultural items and energies.
The Trading Solutions
The next thing to know about FXORO are the trading solutions they offer to their clients. After all, these will determine your experience with the broker and also impact your bottom line. This is another aspect of FXORO that will be appealing because they offer you the MT4 trading platform.
It is considered the leading platform in the financial markets and has the technology, tools and features necessary to help you have a solid trading experience.
The best part is that you can use the WebTrader that doesn’t need any downloading, go with the desktop client that offers a powerful trading experience, or you can download mobile apps that help you trade on the go.
The Account Types
You have to open an account with FXORO for using their services and this means checking out what types they have. There are two accounts that you will come across here and they have been developed with fixed and floating spreads.
The fix account has spreads fixed, no matter what the volatility of the market may be. This can be favorable for some traders because they prefer knowing what trading costs they will incur.
The floating account offers spreads starting at 1.2 pips that can change as per the market. Islamic account is optional for both types and no commission is charged. The leverage also begins at 1:400.
The Customer Care
It is essential to know what kind of customer care you can expect from FXORO and they certainly don’t disappoint. They have added a ton of educational resources that can be useful for their clients. If you need assistance of any sort, their agents are available round the clock via multiple channels.
You can get in touch through the live chat option, give them a call on the number provided, or you can send in an email. You will also find an FAQ section that provides answers to common questions.
You will also get superior security features, competitive trading conditions and quick registration at FXORO and this makes it a well-rounded brokerage.