FXORO
FXORO Broker Overview
Here is every key fact about FXORO in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | FXORO |
|---|---|
| Broker name | FXORO |
| Foundation year | 2012 |
| Headquarters | Petrou Tsirou 82, Mesa Geitonia, 3076, Limassol, Cyprus. |
| Country | Cyprus |
| Telephone | +357-25-20-5555 |
| Email / Skype | cs@fxoro.com |
| Fax | +357-25-20-5556 |
| Regulated by | CYSEC License number: 126/10 |
| Type of broker | ECN/STP |
| Min. deposit | $250 |
| Max leverage | 1:400 |
| Min. spreads | Spread from 0 pips |
| Funding methods | Bank transfer, credit card, Skrill, Neteller |
| Withdrawal methods | Bank transfer, credit card, Skrill, Neteller |
| Base currencies | USD, EUR & More |
| Languages | English, Russian, Spanish, Arabic |
| Trading platforms | MetaTrader 4 |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4, spreads from Spread from 0 pips, leverage up to 1:400 and a $250 minimum deposit. New clients can also check the current Yes.
Is FXORO Safe? Regulation and Company Details
FXORO is a regulated broker. CYSEC License number: 126/10. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
CYSEC License number: 126/10
Head office
Petrou Tsirou 82, Mesa Geitonia, 3076, Limassol, Cyprus. (Cyprus)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2012. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:400.
FXORO Trading Conditions
Spreads and commissions
FXORO spreads start from Spread from 0 pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:400, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This FXORO review covers regulation, fees, platforms and bonuses.
Official website: FXORO
FXORO Account Types
FXORO offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $250 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, EUR & More. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at FXORO
FXORO supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
FXORO Bonus and Promotions
Bonuses are a big reason traders search for FXORO. Availability depends on your country and the account type.
- Yes — the current promotion for FXORO clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official FXORO website before accepting any offer.
FXORO Pros and Cons
Pros
- Regulated: CYSEC License number: 126/10
- Yes
- Low $250 minimum deposit
- Spreads from Spread from 0 pips, ECN/STP execution
- MetaTrader 4
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an FXORO Account
- RegisterFill in your name, email, country and phone number on the FXORO sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $250 with your preferred method, claim any eligible bonus, then log in and start trading.
About FXORO
FXORO Review: Overview
FXORO is an ECN/STP forex broker established in 2012 and based in Cyprus. Its head office is at Petrou Tsirou 82, Mesa Geitonia, 3076, Limassol, Cyprus. With more than a decade in operation, FXORO has built a broad offering for retail traders, from beginners who want a free demo account to experienced traders who need hedging, scalping and news trading.
The broker's ECN/STP model means client orders are passed to liquidity providers rather than being handled only in-house. This structure is generally associated with tighter pricing and more transparent execution, although actual trading conditions always depend on market activity and the account you choose. FXORO's website is available in English, Russian, Spanish and Arabic, which makes it accessible to a wide range of traders.
This review looks at regulation, account types, trading platforms, costs, deposits and withdrawals, bonuses and support, so you can decide whether FXORO fits your trading style. Remember that trading forex and CFDs on leverage carries a high risk of losing money, and you should only trade with funds you can afford to lose.
Regulation and Safety
FXORO is regulated by CYSEC (the Cyprus Securities and Exchange Commission) under License number 126/10. Regulation matters because it sets rules for how brokers must operate, how they report to authorities and how they treat client money. Before opening an account, it is worth confirming the licence details directly on the regulator's register rather than relying only on a broker's own claims.
FXORO states that client funds are segregated. In practice, segregated accounts mean that client money is kept apart from the company's operating funds, which is intended to protect traders if the broker runs into financial difficulty. Segregation is a useful safeguard, but it does not remove trading risk, and it does not protect you from losses caused by market moves.
When you review any broker, check the company name, licence number and registered address on the official website against the regulator's public records. If anything does not match, do not deposit funds until you have resolved the issue.
Account Types
FXORO offers several account types, so traders with different goals and backgrounds can find a suitable option:
- Free demo account: A risk-free way to practise on the trading platform, test strategies and get familiar with the tools before committing real money.
- Mini accounts: Designed for traders who want to start with smaller positions and a lower entry level.
- Standard live accounts: The main trading accounts for everyday retail trading.
- VIP accounts: Accounts aimed at more active or higher-volume clients. Check the official site for the specific benefits and requirements.
- Islamic accounts: Swap-free accounts that follow Sharia-compliant principles, for traders who cannot or prefer not to pay or receive swap interest.
- Swap-free accounts: Accounts without overnight swap charges, which can suit traders who hold positions for longer periods.
- Managed accounts: Accounts where the trading is handled by a professional manager on the client's behalf. Managed accounts carry their own risks, so review the terms carefully.
Account base currencies include USD, EUR and several others. Choosing a base currency that matches your deposit currency can reduce conversion costs, so think about this before you open an account.
Trading Platforms
FXORO offers MetaTrader 4, one of the most widely used retail trading platforms. MT4 is known for its charting tools, technical indicators, custom Expert Advisors and order types, which makes it a familiar choice for many traders. Clients can use MetaTrader 4 on desktop, through a web browser and on mobile devices, so you can monitor and manage positions wherever you are.
Web trading and mobile trading are both available. The web version is useful when you do not want to install software, while the mobile version suits traders who need to react to price moves on the go. Keep in mind that mobile trading on a small screen can increase the risk of impulsive decisions, so set clear rules for position sizes and stop losses.
FXORO allows hedging, scalping and news trading. These strategies are not suitable for everyone. Scalping, for example, depends heavily on fast execution and low costs, while trading around news releases can produce sharp price gaps and wider spreads. Make sure you understand how these strategies work and how they affect your risk before using them.
Spreads, Fees and Leverage
FXORO advertises spreads from 0 pips. Spreads are the difference between the buy and sell price, and they are one of the main trading costs. A spread starting from 0 pips does not mean that spreads are always zero. Spreads usually widen during volatile markets, around major news events, and at times of low liquidity. Compare real trading costs over several days before deciding whether the pricing suits you.
Maximum leverage at FXORO is up to 1:400. Leverage lets you control a larger position with a smaller amount of capital, which can magnify both profits and losses. At 1:400, a small adverse price move can wipe out your account quickly. Leverage may be lower depending on your country of residence and the account type you choose, so check the leverage available to you before trading.
Ask the broker directly about any other fees, such as commissions, deposit or withdrawal charges, inactivity fees or swap rates on overnight positions. These details can change, so always check the current fee schedule on the official website before you fund your account.
Risk note: Trading forex and CFDs on leverage carries a high risk of losing money. Only trade with capital you can afford to lose and consider whether you understand how leverage works.
Deposits and Withdrawals
The minimum deposit at FXORO is 250. This is a relatively accessible starting amount, but it is still important to plan your capital so that a single losing trade does not put your whole account at risk.
FXORO accepts the following deposit methods:
- Bank transfer
- Credit card
- Skrill
- Neteller
Withdrawals can be made using the same methods: bank transfer, credit card, Skrill and Neteller. Processing times and any fees depend on the method you choose and on your location. Bank transfers are often slower than e-wallets, and some payment methods may have their own charges. Read the payment policy on the official website before you deposit, and keep records of your transactions.
Bonuses and Promotions
FXORO offers a welcome bonus and other promotions. Bonuses can help traders get started, but they usually come with conditions such as trading volume requirements, withdrawal restrictions or expiry dates. A bonus that looks attractive can be hard to withdraw if you do not understand its terms.
FXORO does not offer a no-deposit bonus, so you will need to fund your account to access its promotions. Bonus terms and availability can change, so read the full conditions on the official website before you deposit. Pay particular attention to how the bonus is credited, what volume you must trade to release it, and whether it can be withdrawn at any time.
Customer Support
FXORO's website is available in English, Russian, Spanish and Arabic, which helps non-English speakers find information about accounts and conditions. Detailed information about support channels, response times and opening hours is not covered in this review, so check the contact section of the official website to see what is currently available. Before you open an account, it is a good idea to send a few test questions to support and judge the quality and speed of the replies.
Pros and Cons
Pros
- ECN/STP execution model
- Regulated by CYSEC under License number 126/10
- Client funds are stated to be segregated
- Established in 2012 with a head office in Limassol, Cyprus
- Spreads advertised from 0 pips
- Leverage up to 1:400
- Minimum deposit of 250
- MetaTrader 4 with web and mobile access
- Free demo account for practice
- Range of account types, including mini, VIP, Islamic, swap-free and managed accounts
- Hedging, scalping and news trading allowed
- Several deposit and withdrawal methods
- Welcome bonus and other promotions available
- Website available in English, Russian, Spanish and Arabic
Cons
- Only MetaTrader 4 is listed, with no other platforms mentioned
- No no-deposit bonus is offered
- Leverage of up to 1:400 carries a very high level of risk for inexperienced traders
- Spreads from 0 pips are a starting point, and real costs can vary
- Bonus conditions can be complex and may restrict withdrawals
- Customer support details are not covered in this review and should be checked directly
- Payment methods are limited to four options, which may not suit every region
Verdict
FXORO is a regulated ECN/STP broker with a long track record, a free demo account, a wide range of account types and support for popular strategies such as hedging, scalping and news trading. Its minimum deposit of 250 and access to MetaTrader 4 on desktop, web and mobile make it a reasonable option for traders who want a established platform and multiple account choices.
It is less suitable for traders who need a no-deposit bonus, a wider choice of platforms or detailed support information before they sign up. Leverage of up to 1:400 is powerful but dangerous, so beginners should keep position sizes small and use the demo account first.
Before you open a live account, confirm the licence on the regulator's register, read the full fee schedule and bonus terms, and test the platform on a demo account. Trading forex and CFDs on leverage carries a high risk of losing money, and this review does not replace your own research.
Frequently Asked Questions
Is FXORO regulated?
Yes. FXORO is regulated by CYSEC under License number 126/10. You
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose FXORO?
FXORO offers a $250 entry cost, MT4 platforms and a track record since 2012.
FXORO suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
