What is OrientalFX?
Broker overviewOrientalFX is an ECN / STP / Micro / Demo forex broker founded in 2020 and based in Canada. It offers forex currencies, crypto, commodities, indices, stocks on MetaTrader 4 for windows and MAC.
OrientalFX is regulated by OrientalFX has no valid regulatory. Its listed office is 1593 Ellis Street Kelowna, BC, Canada V1Y2A7.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the OrientalFX bonus offers, and who the broker suits best.
- ✓Regulated since 2020 by OrientalFX has no valid regulatory, with segregated client funds.
- $Cost to start: $200 minimum deposit and spreads from 0.4 pips.
- ⚡Flexible trading: leverage up to 1:200, hedging, scalping and news trading allowed.
- %Bonus: This broker is not providing any welcome bonus, no no-deposit bonus.
Our short verdict
OrientalFX stands out for its OrientalFX has no valid regulatory licence, tight spreads from 0.4 pips and MT4 trading. The main thing to watch: higher $200 minimum deposit.
More about OrientalFX
Will be updated soon
Is OrientalFX safe and regulated?
OrientalFX is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| OrientalFX has no valid regulatory | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which OrientalFX company will hold your account, because protection levels can differ between regions.
OrientalFX account types and trading conditions
These are the main trading conditions listed for OrientalFX. It offers mini, VIP, managed accounts.
| Feature | OrientalFX |
|---|---|
| Minimum deposit | $200 |
| Minimum spreads | 0.4 pips |
| Max leverage | 1:200 |
| Execution | ECN / STP / Micro / Demo |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | No |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
OrientalFX trading platforms
OrientalFX supports MetaTrader 4 for windows and MAC. MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: No. Mobile trading: Yes. Markets available: Forex Currencies, Crypto, Commodities, Indices, Stocks. The website is available in English.
OrientalFX deposit and withdrawal methods
OrientalFX accepts these deposit methods:
- Visa
- MasterCard
- Bank Transfers
- WireTransfer
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR, GBP. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
OrientalFX bonus and promotions
These are the promotions listed for OrientalFX:
Promotion offered by OrientalFX. Check the broker's terms for trading volume and withdrawal conditions.
OrientalFX's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
OrientalFX no deposit bonus: OrientalFX does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
OrientalFX pros and cons
Pros
- Regulated by OrientalFX has no valid regulatory (since 2020)
- Spreads from 0.4 pips
- MT4 trading
- Hedging and scalping allowed
- News trading allowed
- Mini, VIP, managed accounts
- Free demo account
Cons
- Higher $200 minimum deposit
- No Islamic (swap-free) accounts
- No no-deposit bonus
How to open an OrientalFX account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $200 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4. Practise first on a free demo account.
OrientalFX customer support and contact
These are the contact details we have on file for OrientalFX:
OrientalFX review FAQ
Is OrientalFX a regulated broker?
What is the OrientalFX minimum deposit?
Does OrientalFX offer a no deposit bonus?
What is the maximum leverage at OrientalFX?
Which platforms does OrientalFX support?
Is OrientalFX good for beginners?
Final verdict: should you trade with OrientalFX?
OrientalFX scores 4.0 out of 5 in our review. Its strongest points are its OrientalFX has no valid regulatory licence, tight spreads from 0.4 pips and MT4 trading. Keep in mind: higher $200 minimum deposit; no Islamic (swap-free) accounts.
If your main goal is a free no-deposit bonus, OrientalFX is not the right fit. Compare it with other options on our best forex brokers page before deciding.