Oriontero Review – Reason to Stay Away From This Scam

Overview of scam broker Oriontero

Oriontero Review – Reason to Stay Away From This Scam

Oriontero broker has mastered their hiding skills. They don’t reveal any ownership information on their website. If we are going to trust this broker, they are from the UK. Besides shady regulation policy and trading platform, there are many more flaws about this broker.

Read carefully this latest Oriontero review to find out why not to trust this broker.

Also, we recommend you not to invest in the fraudulent brokers Aron Groups, SpotyFX, and Finero.

Oriontero Overview

Leverage 1:100
Regulation No regulations
Headquarters UK (Allegedly)
Minimum Deposit 250 EUR
Review Rating 2.7 on Trustpilot
Broker Type Unlicensed scam broker
Platforms Web-based trading platform
Spread N/A

Are Your Funds Safe With Oriontero Broker?

The first thing on your mind with any broker is security and regulation. If the broker doesn’t have any you don’t have any funds protection whatever they state. Nobody can guarantee those statements. However, Oriontero broker claims to be in process of regulation. And to get more details to get in touch with them. That way they can easily trick traders to leave their phone numbers. Thus, harassment begins.

UK has one of the strictest regulators in the world – the Financial Conduct Authority (FCA). They have very strict requirements for getting a license. Either you comply with those or not. There is no in-between. Just to make sure, we checked some Tier 1 regulators’ databases. Sadly, no results we could find in BaFin, ASIC or FCA registers.

FCA warning on Oriontero

Just speaking of security we can see that Oriontero broker is just another scam broker. Any funds deposited with this broker are at huge risk. Primarily, you don’t know who you are working with. Secondly, you don’t know exactly where are they registered. That’s why FCA has issued a warning against this broker. Check it out.

What Trading Platforms Are Available?

Another suspicious thing about this broker is the trading platform. They don’t even bother providing access to traders with a demo account. On the contrary, they have just poorly explained some of the features, but there are no download links or anything.

For a broker that claims to be from the UK, this is a huge disadvantage. Even though they offer mobile and web versions of the software, it’s nothing more than a basic web-based trading platform. Moreover, many traders shared their bad experiences in Oriontero broker reviews. Important to realize is that some of those are regarding manipulative trading conditions and information.

That’s how this Oriontero scam broker is misleading its traders. Through the back-end process, they modify the information while on the line with the trader. That gives them a moment of surprise to extort more money due to changed market conditions. Generally speaking, traders were just sending money directly to these scammers’ pockets.

What Account Types are Offered at Oriontero?

For market reviews, webinar access, and social trading to pay 10.000 EUR nobody with common sense would do. That’s an exactly insane offer from this shameless scam broker. All the accounts that they offer are:

  • Bronze – 10.000 EUR
  • Silver – 25.000 EUR
  • Gold – 50.000 EUR
  • Platinum – 100.000 EUR
  • Diamond – 250.000 EUR
  • Premium – 500.000 EUR
  • VIP – 1.000.000 EUR

Important to realize is that the broker doesn’t have a segregated bank account or compensation fund. The only benefits for higher deposits are regarding educational material and broker assistance. For proper assistance, the broker should have a valid license. Which they don’t.

Since they don’t offer a demo account or micro accounts you can’t check their trading conditions. Therefore, we wouldn’t suggest you invest even a cent here. Rather take your time and find a licensed broker.

Trading Instruments Overview

Oriontero scam broker claims to offer instruments from all major classes. Since access to the platform is limited we can’t confirm such statements. Based on some Oriontero broker reviews we can’t trust anything from the broker’s website. Anyway, those instrument classes are:

  • Currency pairs (Forex) – AUD/NZD, EUR/HKD, USD/SGD
  • Commodities – natural gas, platinum, silver
  • Indices – FTSE 100, BEL 20, S&P 500
  • Cryptocurrencies – BCH, ETH, TET
  • Shares (Stocks) – Walt Disney, Mercedes Benz, Master card

With leverage up to 1:200, some assets are very risky. Especially cryptocurrencies that are very volatile. Important to realize is that for trading in the EEA zone maximum permitted leverage is up to 1:30. Everything higher than that violates those rules.

Besides leverage, we can’t get access to any spreads. Which is quite suspicious. The only positive thing about this broker is offering a swap-free Islamic account. If we are going to trust it. Since everything so far was falsely presented.

Deposit and Withdrawal Method

From funding methods, Oriontero scam broker accepts the following:

  • Bank cards – Visa or Master Card
  • Bank/Wire transfers

Whereas card transfers are processed instantly, bank transfers take up to 5 business days. Even though this broker claims not to charge any fees, this is not the case. According to many Oriontero reviews, we can see that traders faced non-existent fees. Of course, every time they request a withdrawal.

That’s one of the ways how they prevent traders from getting withdrawal. Another way is a bonus scheme. For the Loyalty program, they reward traders with bonuses. However, bonuses are banned worldwide due to malicious clauses behind them. Traders must make a certain trading volume to get a withdrawal. Which again never happens.

How Do I Receive a Refund if Oriontero Defrauded Me?

Firstly, let us know what your experience with this scam broker is. Nobody is untouchable. Luckily, they have funding methods that are very easily traceable. Moreover, you can request a chargeback on those and get the funds back.

There is a specific procedure for that and you have limited time for it. Don’t let these guys slip away with your money. Get in touch with us today and start your chargeback process now!

Oriontero Summary

  • Operating allegedly from the UK but without a license.
  • Non-transparent trading conditions.
  • Leverage higher than the maximum allowed.
  • Untrusted trading platform.
  • Numerous negative reviews.
  • Warnings from FCA.

FAQs About Oriontero Broker

Is Oriontero a Scam Broker and Why?

Yes. They don’t have any regulations or fund protection measures for their traders.

What Is the Minimum Deposit for Oriontero Broker?

The minimum requirement starts at 10.000 EUR, which is way higher than the industry average.

Is My Money Safe with Oriontero?

No. They don’t have any safety measures and FCA is warning against this broker.


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Nov 17, 2022
Reading Time: 3 min
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