Score
Oron Limited
Saint Lucia|1-2 years| https://www.orontrade.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
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
Saint Lucia
1-2 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
orontrade.com
Server Location
United States
Website Domain Name
orontrade.com
Server IP
44.211.129.26
Company Summary
Note: Oron Limited's official website - https://www.orontrade.com/ is currently inaccessible normally.
| Oron Limited Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | Unregulated |
| Market Instruments | Forex, Cryptos, Indices, Stocks, Energy and Commodities |
| Demo Account | ❌ |
| Leverage | 1:500 |
| EUR/USD Spread | From 0 pips |
| Trading Platform | MT5 |
| Min Deposit | $20 |
| Customer Support | Contact form |
| Tel: +971 42956005 | |
| Email: info@orontrade.com; support@orontrade.com | |
| Physical address: Ground Floor, TheSotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia Shop 307,TF Gruham Plaza, Opp. Lake Garden, Kosad, Taluka, Chorasi, Surat, India | |
Founded in 2023, Oron Limited is a broker registered in Saint Lucia, offering services in Forex, Crypto, Indices, Stocks, Energy, and Commodities. Oron Limited provides three types of accounts, with a minimum deposit of only $20 for Micro accounts and leverage as high as 1:500. However, this broker is not regulated by any authority.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Unavailable website |
| Micro account offered | No regulation |
| Multiple account types | No demo accounts |
| MT5 trading platform | |
| Low minimum deposit | |
| Multiple payment methods |
Is Oron Limited Legit?
No, Oron Limited holds no legal license, which exposes you to high risks. Therefore, you should carefully consider before trading with such an unregulated broker.
What Can I Trade on Oron Limited?
Oron Limited claims to provide a range of tradable instruments, including Forex, Crypto, Indices, Stocks, Energy, and Commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Energy | ✔ |
| Commodities | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Oron Limited provides three types of real accounts: a Micro Account, a Standard Account, and an ECN Account. The Micro Account boasts a very low minimum deposit requirement of just $20. In contrast, the Standard Account requires a deposit of $1,000, while the ECN Account has an even higher threshold, set at $10,000.
| Account Type | Min Deposit |
| Micro | $20 |
| Standard | $1,000 |
| ECN | $10,000 |
Leverage
The maximum leverage of 1:500 offered by Oron Limited entails a high risk in trading. While high leverage can amplify potential profits, it also magnifies the potential for losses. You should be cautious when facing such high leverage, especially with an unregulated broker.
Spread and Commission
Spreads vary depending on account types. For Micro and Standard accounts, the spreads are not particularly competitive in the industry, set at 1.5 pips and 1 pips respectively. Fortunately, these two accounts are commission-free. However, for the ECN account, the spread starts from 0 pips but charges $7 per lot per side.
| Account Type | Spread | Commission |
| Micro | From 1.5 pips | ❌ |
| Standard | From 1 pip | ❌ |
| ECN | From 0 pips | $7 per lot |
Trading Platform
Oron Limited provides MetaTrader 5, a professional trading platform with advanced charting tools and order execution options, which is accessible through Web-based and mobile devices.
However, since Oron Limited is unregulated, we still recommend you to choose a legal broker to make transaction safely.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Oron Limited offers a variety of payment methods, including Wire Transfers, Credit Card transactions, and more.
Each payment method has a minimum deposit or withdrawal requirement, and some may also incur commissions.
Deposit
| Deposit Method | Min Deposit | Deposit Fee | Deposit Time |
| Wire Transfer | 20 USD | ❌ | 3-5 hours |
| Credit Cards | 100 USD | Instant | |
| e-Wallets | 1% | ||
| BinancePay | 20 USD | ❌ | 5-30 minutes |
| Mobile Payment Platform | Instant | ||
| Bitcoin | 5-30 minutes | ||
| Perfect Money | 100 USD |
Withdrawal
| Withdrawal Method | Min Withdrawal | Withdrawal Fee | Withdrawal Time |
| Wire Transfer | 50 USD | ❌ | 3-5 hours |
| Credit Cards | 100 USD | Instant | |
| e-Wallets | 1% | ||
| BinancePay | 50 USD | ❌ | 5-30 minutes |
| Mobile Payment Platform | Instant | ||
| Bitcoin | 5-30 minutes | ||
| Perfect Money | 100 USD |
Keywords
- 1-2 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
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