Oriontero broker says to offer the best trading technology and high-tech tools. However, the website is completely anonymous, making us wonder what’s behind the scheme.
So read our trusted Oriontero review and find out all the details about this fraudulent firm.
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||Unlicensed Company / No Regulation|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||N/A|
|Trading Platforms:||Web trader|
|Minimum Deposit:||250 EUR|
|Crypto Asset Trading:||Available|
|CFD Trading Option:||Yes, you can trade CFDs|
|Trading Instruments:||Forex (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos)|
|Free Demo Account:||No, only live trading accounts|
|US Clients:||US traders are accepted|
|Our Verdict:||Don’t Invest in This Scam Broker!|
Is Oriontero a Scam Broker Without Regulation?
Speaking of brokerages, we cannot avoid mentioning regulations. It’s the way for you to know you can be refunded in case of any issues. Since we’ve already mentioned that Oriontero is an anonymous website, it was hard for us to find the license.
This investment firm didn’t bother to provide us with the basic information about the owner or headquarters, leaving us to guess where you could complain.
We found a plain explanation that they would like to be regulated but may still be in the process of obtaining a license, so you should ask the support about the current status.
Watch Oriontero Video Review Before Investing
What’s Wrong With a Trading License?
Additionally, after going through all the Tier1 regulators we could think of, including the FCA, ASIC, and BaFin, we found nothing on Oriontero regulation.
It means the company is unregulated, and you’re risking big-time investing your money with such a broker.
Where Is Oriontero Trading Scam Active?
Also, according to our review, the Oriontero trading scam is active in:
- New Zealand
Yet, there are no officially restricted areas, meaning you can be approached wherever you are. Be very careful when opening an account with unregulated brokers, as you may never see your money again.
Oriontero Trading Reviews – Stay Away!
Undoubtedly, if you check Oriontero Forex broker on Trustpilot, you will be amazed. The company has a terrific score of 4.2 stars.
However, if you go a bit deeper into research, you will see that all reviews come from accounts with 2 reviews – both written on the same day, about Oriontero and another random website. It looks like almost every customer of the company has decided to review everything they’ve purchased on the same day. Odd, right?
In reality, sometimes scam brokers write their own reviews to convince clients that they are legitimate. Stay away from the Oriontero scam!
Supported Trading Platforms
According to the company’s web page, Oriontero trading platforms are MT4, MT5, and a Web trader. Is it really true or another scheme tactic to lure clients?
Oriontero MT4 and MT5 Platform
Once you open the alleged MT4 and MT5 sections, you will find many basics about a trading platform and how to choose one. Yet, nothing about these two MetaTrader software, nor the link to download them.
It looks like Oriontero tried to show off and claim to provide a reputable platform, while in reality, there’s just a basic Web trader with not many charts and indicators.
The leverage is unregulated and goes to 1:200, while the spread is not disclosed.
Mobile Trading App – iPhone and Android Trading
Yes, Oriontero login is enabled via mobile app, but not MetaTrader. It’s a proprietary app based on the Web trader, without any special tools or features.
Oriontero Range of Trading Instruments
Oriontero claims to offer access to the following trading instruments:
- Currency pairs (FX or Forex)
- Cryptocurrencies (Cryptos)
Yet, we cannot confirm since there’s no Demo account, and we’re unwilling to risk money with a shady firm.
Trading Accounts Overview – Demo and Real Accounts
Meanwhile, there are 7 different Oriontero account types:
- Bronze – 10,000 EUR
- Silver – 25,000 EUR
- Gold – 50,000 EUR
- Platinum – 100,000 EUR
- Diamond – 250,000 EUR
- Premium – 500,000 EUR
- VIP – 1,000,000 EUR
Accounts differ in support, educational materials, risk-free trades, and more. The FAQ section suggests that Oriontero’s minimum deposit is 250 EUR when using your credit card, which may be higher for other payment methods.
Demo Account – Risk-Free Environment
As mentioned, an Oriontero Demo account is not an option, so if you want to test the platform, be prepared to pay the initial deposit.
More so, according to the website, there’s a dedicated Islamic swap-free account for Muslim clients. Yet, there is no information such as the minimum deposit or any special requirements for opening such.
Oriontero Affiliate and Loyalty Program – Scam Scheme
Besides regular Oriontero bonuses, the company offers percentages for affiliates and loyal customers. When it comes to a loyalty program, the only thing written is to call customer support and ask what you can get.
Affiliates should also contact the company and express their interest in promoting the website to get a certain percentage in return. All this sounds like an MLM scheme because that’s exactly what it is.
Scammed By Oriontero Broker? – Talk To Our Recovery Experts
Finally, if you fall victim to the Oriontero scam, let us know. Global Fraud Protection chargeback experts are here to hear you out and assist you with this matter. Don’t let shady firms vanish with your hard-earned money.
So contact us now, and let’s see what we can do in your particular case. Book your free consultation today, and let’s start!
All In All, Don’t Let the Scammers Get Away for Free!
What Is Oriontero, And Should I Invest Money In It?
Basically, Oriontero is an online Forex and CFD trading provider without regulations. So don’t fall for this fraudulent broker!
Can I Trade Cryptocurrencies And CFDs With Oriontero Broker?
Yes, you can trade both crypto and CFDs with Oriontero.
Does Oriontero Give a Deposit Bonus When Opening an Account?
Oriontero offers an initial deposit bonus that will be disclosed once you deposit the money.
Is Oriontero a MetaTrader 4 Forex Broker?
Oriontero offers only a Web trader as a trading platform, there’s no MT4.
Are My Funds Safe With Oriontero?
Your funds are not safe with this anonymous shady brokerage.