Extrait:Established in 2022, OREUS GROUP is an online forex broker in Saint Vincent and the Grenadines, offering a series of trading instruments, such as Forex Pairs, Commodities, Indices, Stocks, with leverage up to 1:300, spreads as low as 0.01 pips.
As OREUS GROUP 's official website (https://oreus.group/) is unavailable at this time, we could only gather relevant information from other websites to present a rough picture of this brokerage.
General Information
Established in 2022, OREUS GROUP is an online forex broker in Saint Vincent and the Grenadines, offering a series of trading instruments, such as Forex Pairs, Commodities, Indices, Stocks, with leverage up to 1:300, spreads as low as 0.01 pips.
When it comes to regulation, it has been verified that OREUS GROUP does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.06/10. Please be aware of the risk.
Account Types
OREUS GROUP offers three tiered trading accounts to suit different traders trading needs and trading styles. The three trading accounts are categorized according to their minimum initial deposit requirements, including Bronze, Silver, Gold, Premium, and Islamic.
The most basic account, the Bronze account, asks for an initial deposit of $250 or the equivalent amount of other currencies, which sounds acceptable. The Gold and Platinum accounts require much higher amounts, $5,000 and $50,000, respectively.
Leverage
With OREUS GROUP, the maximum trading leverage is up to 1:300, which is consider a high amount. High leverage is a preferable option of the professional traders and scalpers, as it presents more trading flexibility.
However, bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use excessive leverage.
Spreads
Spread is determined by trading accounts. With the Bronze and Gold accounts, the spreads offered is that competitive, from 1.3 pips and 1.5 pips, respectively. The Platinum account offers relatively lower spread, as low as 0.1 pips.
However, commission details are not disclosed yet.
Trading Platform
What OREUS GROUP offers is not the advanced MT4 or MT5 trading platform. Please be aware of the risk.
Customer Support
Only phone support is available to traders with inquiries or problems related to trading.
Here is the contact detail:
Telephone: +442030974427
Risk Warning
Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.
Please note that the information contained in this article is for general information purposes only.
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