Oron Limited

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Oron Limited was established in 2023 as an International Business Company (IBC) on St. Lucia, a Caribbean island. Legal information on the website indicates that another one office is also located in Dubai, UAE. The domain was registered in May 2023. Furthermore, the broker does not engage with clients from nations identified by the FATF as money laundering risks, nor with citizens from countries subject to OFAC sanctions.

How much can we trust this company? Is it safe to trade here and how fast is it possible to withdraw money from the account? We will review the broker’s activities and answer these questions.

Trading Conditions

The broker provides registered users with access to a wide array of financial instruments, spanning stocks, cryptocurrencies, and more, totaling over 2100 trading products. With access to more than 1700 markets across 32 countries and the ability to trade in 22 national currencies, clients can execute trades swiftly, with transactions occurring on the platform in less than 14 milliseconds. The platform is compatible with both PC and mobile devices.

It’s important to note that forex trading may be restricted by regulations in certain countries. Oron Limited advises users to verify whether their country permits such activities before committing funds to investments.

At Oron Limited, traders have a not so wide selection of tariff plans.

  1. Beginners have the option to use a demo account or open a Micro account with a minimum deposit of $20. The spreads are floating, starting from 1.5 pips, and there are no commissions.
  2. For more advanced traders, there is an account with a minimum deposit of $1,000. Similar to the Micro account, the spreads are floating, starting from 1 pip, and there are no commissions.
  3. Lastly, there is an ECN account. However, it appears that Oron Limited has not yet fully developed trading conditions for this account type. While the description of all account types states a minimum deposit of $10,000 for ECN accounts, upon further investigation on the detailed ECN account page, it is revealed that the minimum deposit is $0. However, it is mentioned below that a deposit of $10 is required to fund it.

Understanding all of this inconsistencies can be challenging, and traders may need to seek assistance from customer support as even the commissions vary across different pages, which is not ideal.

Furthermore, it’s concerning that the broker offers leverage of up to 1:500. This is particularly worrying for ECN accounts. The high leverage can amplify both profits and losses, significantly increasing the risk for traders.

FAQ

Would investing in Oron Limited offer the best returns?

Collaborating with them increases the likelihood of losing funds rather than making a profit. Engaging in this trade entails significant risks, which is why forex and CFD trading are frequently prohibited in specific regions.

Does Oron Limited carry out withdrawals?

There is almost no real information about successful clients trading on this platform. However, there are a lot of negative reviews about this broker in the network. Therefore, it is unlikely that you will be able to withdraw your money. Please share your experience in the comments.

May I be scammed on orontrade.com?

The broker asserts to have received industry accolades and boasts about being carbon neutral since 2020, despite having only been in operation since May 2023. Furthermore, the absence of a license, along with a subpar website and other indicators, strongly suggest a high likelihood of fraudulent activity.

What's the best way to share my experience with Oron Limited?

Fill out the form and we'll make sure your voice is heard.

How can I tell if Oron Limited is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore
License: No license
Leverage: 1:500
Broker type: NDD
Demo account: Yes
Affiliate program: Introducing Broker
Minimum deposit: 10$
Trading platform: MetaTrader 5, WebTrader
Assets: Forex, CFD

16 reviews about Oron Limited

  1. Kevin
    February 25
    Spread is long and many technical issues
    Spread is long and many technical issues, I was unable to close position and i lost 100 dollars
  2. Vladimir
    July 27
    This is a scam of unsophisticated traders
    To deceive scammers choose a primitive scheme. Managers try to create the impression that they call me not from the office, but from home. I can hear all kinds of noises being connected for this purpose. Their main task is to persuade you to invest at least a few hundred dollars in oron limited. Then you will be blocked if you stop depositing.
  3. Tream
    July 22
    Intrusive service
    My manager with the offer of various new services annoys me a bit. I have told him several times that if I am interested in something new in Oron Limited services, I will ask him myself.
  4. Banderos13
    July 18
    Long time waiting for payment!
    I went through all the verification procedures required of me, and the money is not!!!!
  5. Supervisor
    July 17
    I do not like trading here
    I am dissatisfied with the technical support: when I need a quick solution to a problem on orontrade.com, nobody answers me for a very long time.
  6. masterar
    July 16
    Not all instruments are good
    Don't dare to play on USD/BTC rate - swap is terrible!!!
  7. 0001
    July 9
    I'm still learning, help me with advice
    More than a month I am learning here on the demo version. I'm doing well, but I'm afraid to transfer real money to deposit. The thing is that on the demo I have 15 000$, and in reality I will not be able to deposit more than 200 dollars. The broker looks good, its reputation is not disputed. Oron Limited support service responds quickly, but I am afraid that with the beginning of real trading everything will change, I have read about many such examples in the network. If I decide to start working with real money, can you tell me what lot is the best to work with? Should I start with a minimum deposit? It would be a shame for me to lose the whole deposit at once, and I hope for your advice.
  8. CrystalAlex
    July 9
    The exclusive offer made me happy
    I would like to note that this is one of the few brokers that offers the possibility of trading with an Islamic account. I liked it very much!
  9. kurkull
    July 9
    Quite a reliable resource
    The fact that the site has a demo account is not a big plus, since many have this option. But here is a really fast withdrawal of funds in oron limited pleased me :) and if you do not show activity for a long time, no commissions for storage are not removed. I didn't notice any failures in the terminal. On a five-point scale, I can safely put 5.
  10. Anamal
    July 3
    There are too many controversial moments here
    For example, managers selectively approve profit withdrawal requests for some reason. The prevailing majority of my requests are rejected for unknown reasons. How can anyone be satisfied with such conditions? Personally, I invested 300 dollars to work in “oron limited” and never waited for any profit. I was better off spending a pleasant weekend with this money....
  11. smith
    June 23
    Who is to blame for my losses?!
    During a sharp price movement, I was unable to place an order, or reverse the position, or cancel the transaction! I lost 3000$ while waiting for the request, I took offense at Oron Limited for this very much! Also there are no many tools for trading, in short, a mess! At least for withdrawal of funds I have no complaints!!!
  12. wiwi12
    June 17
    Service is not suitable for anyone
    I don't know what audience this broker's service is designed for, but their execution of orders can hardly be called adequate. I can't say that the platform is suitable for beginners, as the commissions here are unique, for each order so much money is charged that the service is much more expensive for the trader than the probable profit. If for professionals who have invested more, the terminal is still far from the best. Useless service - this is my honest opinion. With such a dubious start Oron Limited will definitely not last long on the market. And my 20 dollars, which I invested, had to be given to Oron Limited because of the broker's unwillingness to pay out funds until I replenish my deposit.
  13. Capwell
    June 11
    I was not completely satisfied with the service
    This is a pretty average broker. Yes, it pays out, but the trading itself is very sluggish.
  14. Cryptonus
    June 10
    Stable site
    These are not scam artists. Money is credited to the account quickly, I have no problems with transactions. I don't consider a small slowdown once a week a big disadvantage. There are no problems with withdrawal. All questions of technical nature I can calmly solve through support.
  15. -Anry-
    June 9
    My relative was scammed by con artists
    My cousin had his bank account severely reduced because of these creeps. They promised him a good profit, but initially they were not going to pay anything. Only he didn't realize it at the time, that's why he transferred almost all of his savings. And now he can't get a dime out (((
  16. mikeSom
    June 5
    Look for bona fide brokers elsewhere
    After completing my trades, I applied for withdrawal of cryptocurrency to a real account, but for a week now I have not received any crediting. On all my appeals technical support writes some formal answers: they need time to check, they need to confirm my login by SMS and so on. I think that the same thing will continue for a long time with the withdrawal of funds, Oron Limited will be sending only meaningless messages instead of money.

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