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OrientalFX Review: Regulation, Spreads & Leverage

ECN/STP/Micro/Demo broker based in Canada with MetaTrader 4 for windows, a $200 minimum deposit and leverage up to 1:200.

  • ECN/STP/Micro/Demo
  • 1:200 Leverage
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OrientalFXCanada
4.0/5
Regulated byOrientalFX has no valid regulatory
PromotionN/A
Headquarters1593 Ellis Street Kelowna, BC, Canada V1Y2A7
Founded2020
Min. deposit$200
Max leverage1:200

Your money is at risk

VISIT BROKER View Reviews
2020Founded
$200Minimum deposit
1:200Max leverage
0.4Pips from

In this OrientalFX review

  1. OrientalFX overview
  2. Full broker specifications
  3. OrientalFX bonus
  4. Pros and cons
  5. Account types
  6. Trading platforms
  7. Deposits and withdrawals
  8. Is OrientalFX safe?
  9. About the company
  10. FAQ

OrientalFX overview: what kind of broker is it?

OrientalFX is an ECN/STP/Micro/Demo forex and CFD broker based in Canada, founded in 2020. OrientalFX has no valid regulatory.

Traders get MetaTrader 4 for windows, spreads from 0.4 pips, leverage up to 1:200 and a low $200 minimum deposit. New clients can also check the current This broker is not providing any welcome bonus.

Tradable markets include Forex Currencies, Crypto, Commodities, Indices, Stocks.

OrientalFX broker specifications

Company and regulation

BrokerOrientalFX
Regulated byOrientalFX has no valid regulatory
Type of brokerECN/STP/Micro/Demo
CountryCanada
Foundation year2020
WebsiteVisit OrientalFX website
Website languagesEnglish

Trading conditions

Minimum deposit$200
Maximum leverage1:200
Minimum spreads0.4 pips
Base currenciesUSD, EUR, GBP
Tradable instrumentsForex Currencies, Crypto, Commodities, Indices, Stocks
Hedging / scalpingAllowed
News tradingAllowed
Trading in publicYes

Bonus and promotions

Current promotionN/A
Welcome bonusThis broker is not providing any welcome bonus
Standard no deposit bonusNo

Contact details

Telephone+18554847627
Emailsupport@orientalfx.com
FaxUnavailable
Head office1593 Ellis Street Kelowna, BC, Canada V1Y2A7
FREE

OrientalFX bonus

OrientalFX promotes a This broker is not providing any welcome bonus for new traders. It is a simple way to test the broker's MT4 for windows execution, spreads and withdrawal process before you add more of your own money.

How to claim the OrientalFX bonus

  1. Open a live account through the Visit Broker button.
  2. Verify your email, phone number and identity (KYC).
  3. Request the bonus from your client area or from support.
  4. Trade the required volume, then withdraw your eligible profit.

Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the OrientalFX website before you claim.

Claim BonusMore No Deposit Bonuses

OrientalFX pros and cons

Pros

  • Regulated: OrientalFX has no valid regulatory
  • This broker is not providing any welcome bonus for new traders
  • Low $200 minimum deposit
  • Spreads from 0.4 pips, ECN/STP/Micro/Demo execution
  • MetaTrader 4 for windows on every device
  • Mini, VIP and managed accounts

Cons

  • No MetaTrader 4 or cTrader
  • Bonus comes with trading-volume rules

OrientalFX account types

OrientalFX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $200 deposit.

Free demo accountYes – practise with virtual money
Mini accountYes – smaller trade sizes for beginners
VIP accountYes – for high-volume traders
Islamic (swap-free)No
Managed accountYes
Segregated client fundsYes

OrientalFX trading platforms

OrientalFX runs on MetaTrader 4 for windows, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Mobile trading is available.

MetaTrader 4 for windowsDesktop
MACDesktop

OrientalFX deposit and withdrawal methods

The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.

Banks and cards

VisaMasterCardBank TransfersWireTransfer

Is OrientalFX safe and legit?

OrientalFX is a regulated broker. OrientalFX has no valid regulatory. The broker says client money is kept in segregated accounts, separate from company funds.

Our verdict on safety

OrientalFX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.

4.0 OUT OF 5
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.

About OrientalFX

Will be updated soon

Who should choose OrientalFX?

Good fit for

  • Traders who want MT4 for windows and raw spreads
  • Bonus hunters testing a new broker
  • Scalpers, hedgers and news traders

Think twice if

  • You prefer MT4 or cTrader

OrientalFX FAQ

Is OrientalFX regulated?

Yes. OrientalFX has no valid regulatory.

What is the OrientalFX minimum deposit?

The minimum deposit to open a live OrientalFX account is $200.

Does OrientalFX offer a bonus?

OrientalFX currently promotes a This broker is not providing any welcome bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.

What is the maximum leverage at OrientalFX?

Leverage goes up to 1:200. High leverage increases both potential profit and potential loss, so most traders use far less.

Which trading platform does OrientalFX use?

OrientalFX uses MetaTrader 4 for windows and MAC.

Does OrientalFX offer Islamic swap-free accounts?

No. OrientalFX does not list Islamic swap-free accounts.

How can I deposit and withdraw at OrientalFX?

You can use Visa, MasterCard, Bank Transfers and WireTransfer.