This FXORO review examines the broker’s regulatory standing, trading conditions, and platform accessibility. FXORO operates under the umbrella of MCA Intelifunds Ltd and provides CFD trading across a wide range of assets, backed by CySEC regulation, MetaTrader 4, and tailored accounts for retail and professional traders in Europe and beyond.

Regulation and Safety

FXORO is regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 126/10, ensuring compliance with EU financial directives (MiFID II). Key protections include:

• Investor Compensation Fund (ICF) up to €20,000
• Segregated client funds in EU banks
• Negative balance protection for retail clients
• Annual third-party audits and regulatory disclosures
• Two-factor authentication (2FA) on the client portal

Execution Model and Trading Platforms

FXORO offers a Straight Through Processing (STP) execution model, minimising conflict of interest. All trading is conducted on:

• MetaTrader 4 (MT4) – desktop, mobile, and web

Trading features include real-time quotes, EAs, hedging, and scalping. VPS hosting is available for high-volume or algorithmic traders. FIX API is not provided.

Markets and Instruments

FXORO provides access to over 250 CFD instruments, including:

• Forex – 60+ currency pairs
• Indices – Global benchmarks such as S&P 500, DAX, FTSE 100
• Commodities – Gold, Silver, Crude Oil, Natural Gas
• Stocks – Major US and EU equities
• Cryptocurrencies – BTC, ETH, LTC, XRP (CFDs)

All products are traded as CFDs with leveraged exposure, enabling both long and short positions.

Accounts, Spreads and Leverage

FXORO offers two primary account types:

• Fixed Spread Account: Spreads from 2.0 pips, no commissions
• Floating Spread (STP) Account: Spreads from 1.2 pips, no commission

Account features:

• Minimum deposit: $200
• Leverage: Up to 1:30 for retail, up to 1:400 for professional clients
• Stop-out level: 50%

Islamic swap-free accounts are available upon request. Spreads vary based on market conditions and account type.

Funding and Base Currencies

FXORO supports multiple funding methods:

• Credit/debit cards
• Bank wire transfer (SWIFT and SEPA)
• Skrill and Neteller
• Crypto funding – limited and varies by region

Supported base currencies include USD, EUR, and GBP. Deposits are typically processed within 1 business day. Withdrawals are processed within 1–3 days depending on method and compliance clearance.

Client Protections and Features

FXORO offers CySEC-aligned retail client protections:

• Segregated funds and ICF protection up to €20,000
• Negative balance protection under MiFID II
• EU GDPR and data privacy compliance
• SSL-secured platforms and 2FA

Clients also gain access to daily market analysis, webinars, and limited education tools.

Institutional and Retail Offering

FXORO is primarily a retail-focused broker. However, professional clients benefit from:

• Higher leverage up to 1:400
• Priority withdrawals and tighter spreads
• Dedicated account managers

Institutional tools like FIX API, white-label, or MAM/PAMM platforms are not currently offered.

Pros and Cons

Pros

• CySEC-regulated with MiFID II compliance
• STP execution with MetaTrader 4
• Access to crypto, forex, indices, and commodities
• Negative balance protection and ICF coverage
• Islamic account available

Cons

• No MetaTrader 5 or proprietary platform
• FIX API and institutional features not available
• Limited crypto CFD offering
• Education tools are relatively basic

Frequently Asked Questions

Is FXORO regulated?

Yes, FXORO is regulated by CySEC under license number 126/10 and complies with EU MiFID II rules.

What trading platform does FXORO offer?

FXORO supports MetaTrader 4 (MT4) for desktop, mobile, and web trading.

What is the minimum deposit at FXORO?

The minimum deposit to open a live account is $200 or equivalent in supported base currencies.

Does FXORO offer Islamic accounts?

Yes, FXORO offers swap-free Islamic accounts upon request for eligible clients.

Is FXORO suitable for professional traders?

Yes, FXORO offers higher leverage, priority service, and tighter spreads for qualified professional clients.