Verification record
FXORO review
The entity behind FXORO, its licence, and how to confirm both yourself.
Last checked
FXORO is a real firm and not an outright scam, though enough is unverified here that we would want the gaps closed before recommending it. Regulated by CySEC (126/10), authorisation being voluntarily renounced following cessation of services, offering MetaTrader 4, FXORO WebTrader, FXORO Mobile.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
Regulation and safety
- Regulated by
- CySEC (126/10), authorisation being voluntarily renounced following cessation of services
- Regulator tier
- Tier 1
- Register entry
- CySEC CIF Register, licence 126/10
- Client money segregated
- Yes
- Held at
- Third-party regulated banking institutions
- Negative balance protection
- Yes
- Compensation scheme
- Investor Compensation Fund, up to €20,000 for eligible clients
- Audited by
- Independent external auditors
- Not available to
- United States and other jurisdictions where services were prohibited; Spain restricted CFD accounts to professional clients
A licence is the first thing a fake broker cannot produce, so it is the first thing to check.
FXORO holds a tier-one authorisation from CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.
Check the licence yourself: the CySEC register of investment firms.
The company behind the brand
- Legal entity
- MCA Intelifunds Ltd
- Company number
- HE 270891
- Headquarters
- Limassol, Cyprus
- Founded
- 2012
- Publicly listed
- No
- Parent company
- Independent
- Employees
- Approx. 50-200
- Also trades as
- FXORO
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, bank wire, Skrill, Neteller
- Withdrawal methods
- Bank transfer, cards, Skrill, Neteller and applicable original funding methods
- Deposit time
- Cards/e-wallets generally instant; bank transfer typically 1-5 business days
- Withdrawal time
- Typically 1-5 business days depending on method
- Minimum withdrawal
- $50
- Local payment methods
- Jurisdiction-specific bank and electronic payment methods
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 1.2 pips, Floating
- GBP/USD spread
- Approx. 1.8 pips, Floating
- Commission
- $6 per lot, ECN forex
- All-in cost, EUR/USD
- Approx. 0.6-1.2 pips depending on account
- Spread type
- Fixed and variable, account-dependent
- Overnight swap
- Both: overnight swaps could be charged or credited; Islamic account available
- Inactivity fee
- $15 quarterly after 3 months inactivity
- Withdrawal fee
- Method-dependent
- Currency conversion
- Conversion at applicable exchange rate
Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
FXORO lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Accounts
- Minimum deposit
- $100
- Account types
- Fixed, Floating, ECN, Islamic/Swap-Free, Professional, Demo
- Account currencies
- USD, EUR, GBP
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes when accounts were available
Markets and execution
- Markets
- Forex, Shares, Indices, Commodities, Metals, Cryptocurrencies, ETFs
- Currency pairs
- 60+
- Total instruments
- 250+
- Crypto CFDs
- Yes
- Maximum leverage
- 1:400
- Execution model
- Market maker / principal
- Execution speed
- Under 100ms
- Order types
- Market, limit, stop, stop-loss, take-profit, trailing stop
- Servers
- European financial data-centre infrastructure
Leverage up to 1:400 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.
FXORO covers forex, shares, indices, commodities, metals, cryptocurrencies, etfs. A wider range matters less than depth in the instruments you actually trade.
Funding options: visa, mastercard, bank wire, skrill, neteller. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- MetaTrader 4, FXORO WebTrader, FXORO Mobile
- Own platform
- Yes, FXORO WebTrader
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes, MT4 Expert Advisors
- Copy trading
- No
- Indicators
- 30+ MT4 indicators plus custom indicators
- Third-party tools
- MetaTrader 4
- API access
- Limited/institutional connectivity
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
Support and education
- Support hours
- 24/5 when operational
- Contact channels
- Email, phone, WhatsApp, contact form
- Languages
- Multilingual
- Telephone
- +357 25 205555
- info@fxoro.com
- Live chat response
- Typically under 2 minutes when operational
- Education
- Extensive: ebooks, webinars, trading courses, video tutorials, glossary and educational articles
- Research
- Market analysis, technical analysis, trading signals, market news and trading tools
Information is regularly updated. Last compiled from FXORO's own website on 26 August 2026.
Questions people ask about FXORO
Is FXORO a real registered company?
Yes. At FXORO, the company you would be contracting with is MCA Intelifunds Ltd, registered as HE 270891 and based in Limassol, Cyprus. A registration number is checkable in the register of the country that issued it, and a broker that will not give you one is telling you something.
Is FXORO regulated, and by whom?
FXORO holds CySEC (126/10), authorisation being voluntarily renounced following cessation of services, which we grade as tier 1. A licence number is the part worth checking, because it is the thing a cloned site copies and the thing the regulator's register will not confirm.
Does FXORO trade under any other names?
FXORO also appears as FXORO. This matters when you are checking a licence or a warning list, because a search for one name will not always find what was published about another.