Broker Ormex Pro
Broker Ormex Pro, which started its operations in 2017 in the UK, provides traders with the opportunity to trade on its platform, which, according to the company, does not charge commissions, does not have requotes, and restrictions. The main goals of “Ormex Pro” are:
- Developing a loyalty program for regular clients,
- Expanding the range of analytical and graphical tools,
- Unlocking investment potential on the platform.
OrmexPro offers an advanced trading terminal with new functionality, a wide range of analytical tools, round-the-clock support, fast order processing, secure transactions, an intuitive interface, and full account statements.
OrmexPro claims to collaborate with trusted financial regulators such as DFSA, CySEC, FSCA, and FCA. The company also notes that it has received several awards, including the Global 100 Awards, INTLBM Awards, IAFT Prize, and recognition from Global Brands magazine.
Websites owned by the broker: ormexpro.com, ormex-pro.net, ox-pro.pro.
This list is updated as new domains appear.
Trading Conditions of Ormex Pro
Financial intermediary OrmexPro offers traders three types of accounts:
- Basic: starting from $150, leverage 1:100,
- Middle: starting from $5000, leverage 1:500,
- Guru: starting from $25000, leverage 1:500.
In addition, insurance and deposit protection services, round-the-clock support, as well as no commissions are provided. The use of an API key is also available, allowing access to various tools and resources for successful trading.
Broker Ormex Pro also offers various types of orders:
- Limit orders,
- Market orders,
- Stop orders,
- Take-profit orders,
- Stop-limit orders,
- Trailing stop orders.
Account Funding and Withdrawal with Ormex Pro
Upon registration on the platform, clients are provided the opportunity to conduct transactions without additional expenses, as the commission is $0. The broker Ormex Pro’s website also features a document on fund withdrawal and refund policy, which states:
- Clients may only fund their trading account using the payment systems provided by the company.
- The company is not responsible for delays in crediting funds to the client’s account, and all risks of financial losses associated with these delays are borne by the client.
- The company may cancel the crediting or withdrawal of funds from the client’s account if they were transferred or withdrawn by third parties.
- When withdrawing funds, the company uses its internal exchange rate.
The policy also sets forth the conditions and timeframes for fund withdrawals, requirements for information when applying for withdrawals, and the possibility of withholding an amount as compensation. It is important to verify the legality of funds deposited via credit cards and consider the possibility of using various payment systems for deposits and withdrawals with commission payments.
Conclusion
Ormex Pro is a broker that offers various trading conditions and tools on its platform. The company claims to collaborate with trusted financial regulators and has awards from recognized organizations. However, it is essential to consider the fund withdrawal policy and commissions, which may pose certain restrictions and questions for clients. It is also necessary to pay attention to the terms of using credit cards and payment systems for depositing and withdrawing funds.
I am extremely dissatisfied with my experience at Ormex Pro. Not only were their fees hidden and overly high, but their customer service was dreadful. They never responded to my inquiries in a timely manner. The worst part was the large amount of technical glitches I experienced with their trading platform. It was completely unreliable, causing me to miss several significant trading opportunities. In addition, the claims they made about providing expert financial advice and guidance were utterly false. In all honesty, partnering with Ormex Pro was a disastrous and costly mistake for me.