Score
ANDIRO
China|5-10 years| https://www.andiroinfo.com/main_en.html
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed ANDIRO also viewed..
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Website
andiroinfo.com
Server Location
Hong Kong
Website Domain Name
andiroinfo.com
Server IP
47.52.32.184
Company Summary
Note: ANDIROs official site - https://www.andiroinfo.com/main_en.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| ANDIRO Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | No regulation |
| Market Instruments | N/A |
| Demo Account | Unavailable |
| Leverage | N/A |
| Trading Platforms | MT5 |
| Minimum Deposit | N/A |
| Customer Support | N/A |
What is ANDIRO？
Regarding ANDIRO, it is important to note that there are currently concerns about the lack of valid regulation and the inaccessibility of their official website. These factors raise potential risks for investors and may indicate a higher likelihood of fraudulent activities, such as reported issues with withdrawal and scams. As a potential investor, it is crucial to conduct thorough research and carefully consider the associated risks before making any investment decisions. It is generally advisable to choose regulated brokers to ensure the security of your funds.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
| Pros | Cons |
| • MT5 supported | • Website is unavailable |
| • Not regulated | |
| • Reports of scams and unable to withdraw | |
| • No demo accounts | |
| • Lack of industry experience |
ANDIRO Alternative Brokers
There are many alternative brokers to ANDIRO depending on the specific needs and preferences of the trader. Some popular options include:
Interstellar FX - A trading platform that provides a wide range of financial instruments, leveraging advanced technology to offer a seamless trading experience to its clients.
GVD Markets - A platform that stands out as a reputable financial institution, abiding by the regulations set forth by CySEC and FSA.
BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology.
Is ANDIRO Safe or Scam？
ANDIRO currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of ANDIRO is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.
If you are considering investing with ANDIRO, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
Trading Platforms
ANDIRO offers the MT5 trading platform to its clients. MetaTrader 5 (MT5) is a popular and widely used platform in the financial industry. It provides advanced trading features and tools to traders of all levels.
The MT5 platform offers a user-friendly interface that is easy to navigate, allowing clients to quickly access various financial markets. It supports trading in multiple asset classes, including forex, stocks, commodities, and cryptocurrencies. Traders can take advantage of the platform's extensive charting capabilities, with a variety of technical indicators and overlays available for detailed analysis.
See the trading platform comparison table below:
| Broker | Trading Platform |
| ANDIRO | MT5 |
| Interstellar FX | MT4 |
| GVD Markets | MT4 |
| BlackBull Markets | MT4, MT5 |
User Exposure on WikiFX
On our website, you can see that reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Conclusion
In conclusion, the lack of valid regulation and the inaccessibility of ANDIRO's official website raise significant concerns about the reliability and legitimacy of the trading platform. These factors indicate a higher level of risk for potential investors, as there is no government or financial authority overseeing their operations. Additionally, reports of issues with withdrawal and scams further highlight the potential risks associated with investing with ANDIRO. Given these circumstances, it is strongly recommended to exercise caution and consider alternative brokers that are properly regulated to ensure the safety of your investment.
Frequently Asked Questions (FAQs)
| Q 1: | Is ANDIRO regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulation. |
| Q 2: | Does ANDIRO offer demo accounts？ |
| A 2: | No. |
| Q 3: | Does ANDIRO offer the industry leading MT4 & MT5？ |
| A 3: | Yes. It supports MT5. |
| Q 4: | Is ANDIRO a good broker for beginners？ |
| A 4: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 8
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Santhosh Shetty
United Arab Emirates
Pls stay away from this platform they cheated me 17500 usd no customer care no mail only chatting with whatsapp and line
Exposure
2021-01-07
FX1894296474
Malaysia
For first withdrawal, they require minimum amount of 10k USD.. not allow you to withdraw even you have decided to close the trading account
Exposure
2020-11-03
FX2772656613
United States
Andiro is a fraud company, someone will convince you send money to their platform and trade gold. Once you send money to them they will never let you withdraw. They will cheat from backstage and let you lose money, when you want to withdraw they will ask you send more money to earn the loss back. The fact is you will never get your money back since they won't do the withdrawal for you!!! This is absolutely 100% fraud!! They will change different receiving accounts each month, most likely in the US and Hong Kong! Avoid this name!!! I will call their bank in the US to report the fraud and freeze their account.
Exposure
2020-07-20
Maggie Li
Taiwan
After I deposited fund, my account became liquidation on the night. The slippage in that 3 days was abnormal. There was no official email. It is simply a fraud. Hope HK fiance regulator see to this quickly.
Exposure
2020-06-11
Maggie Li
Taiwan
The brokerage counterfeited others’ profile and was in collusion with scam group to covet clients’ fund within 2 to 3 days/ The funding account has been changed times. It is simply a fraud. Hope relevant department see to this.
Exposure
2020-06-10
Brenda Tien
Taiwan
The withdrawal applied on April 24th was successful. But the withdrawal on May 24 was yet to be received on June 7th. The service claimed a long queue, saying that the the process would be done uniformly, and never read my message anymore. In addition, there was slippage with ANDIRO . I hope you no one got hooked anymore.
Exposure
2020-06-07
FX8396750382
Hong Kong
Both the withdrawal and the service are unavailable. Fortunately, I just wanted to test the withdrawal process.
Exposure
2020-05-18
FX3895296609
Germany
This plattform is a fraud, the deposit is gone as soon as it is transfered. Plattform using spread below market average, creates fake outs to accumulate loss&earn, third party deposit to encourage traders, no service hotline, IT bugs on the homepage, no withdrawl possible, entire communication based on Wechat & QQ, people in the photos might be betrayed as well.
Exposure
2020-04-14