ORCARA GOLD

General Information

ORCARA GOLD Review Summary in 10 Points
Founded	2021
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Not regulated
Services	Loan Investment, Financial Consulting, Insurance Consulting, Education Planning, Investment Management, Protection Planning, Retirement & Income, Estate Planning, Taxes Preparation
Demo Account	Available
Leverage	Up to 1:1000
EUR/USD Spread	Start from 0.1 pips
Trading Platforms	MT5
Minimum Deposit	USD 10
Customer Support	Email, Address, Social media

What is ORCARA GOLD？

Judging from their official website, ORCARA GOLD is a brokerage firm registered in the Saint Vincent and the Grenadines but actually located in Thailand, which indicates that it might be an offshore operated, the mode of which diminishes customer trust and confidence in the company's operations. It claims to provide traders with access to financial services including Loan Investment, Financial Consulting, Insurance Consulting, Education Planning, Investment Management, Protection Planning, Retirement & Income, Estate Planning, and Taxes Preparation. Moreover, it is important to note ORCARA GOLD is currently not regulated by any recognized financial authorities which may raise concerns when trading.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros	Cons
• Various account types to suit different trading needs	• Not regulated
• Wide range of trading instruments across multiple asset classes	• Not accept clients from some countries
• Flexible leverage ratios	• Poor official website content and confusing information
	• Commissions charged
	• Limited customer support channels
	• No information for payment methods
	• Low minimum deposit

ORCARA GOLD Alternative Brokers

There are many alternative brokers to ORCARA GOLD depending on the specific needs and preferences of the trader. Some popular options include:

• Valutrades- Valutrades offers a reliable and user-friendly trading experience, with a range of account types and competitive trading conditions to suit different traders' needs.

• RoboForex - With its comprehensive range of trading instruments, tight spreads, and excellent customer support, RoboForex is an ideal choice for traders of all levels.

• TigerWit- TigerWit offers a unique social trading platform that allows traders to follow and copy the trades of experienced traders, making it an excellent option for those looking for a simplified approach to trading.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is ORCARA GOLD Safe or a Scam？

ORCARA GOLD operates in the financial sector but is not authorized by the National Futures Association (NFA) in the United States. It holds a common financial license with the number 0561725. Despite having this license, the lack of NFA authorization indicates that ORCARA GOLD may not meet certain regulatory standards set by this U.S.-based regulatory body, which is crucial for ensuring compliance, investor protection, and market integrity within the futures, options, and swaps markets in the United States.

Market Instruments

1. Currencies: As the worlds largest market, ORCARA GOLD provides currency trading with competitive spreads starting from 0 pips, allowing traders to engage in forex trading efficiently.

2. Cryptocurrencies: The platform offers 24/7 swap-free trading on major cryptocurrencies such as Bitcoin, accommodating traders interested in the dynamic crypto market.

3. Stocks: Traders can invest in global companies without incurring overnight fees, and benefit from low spreads starting from 0.1 pips. This makes it an attractive option for those looking to invest in company shares.

4. Indices: ORCARA GOLD enables traders to capitalize on major indices, which include the biggest names in technology and other industries, providing a gateway to broad market exposure.

5. Metals: The platform also offers trading on popular safe-haven assets like gold and silver, allowing traders to diversify their portfolios with metals which are often sought after during times of economic uncertainty.

6. Energies: For those interested in commodity markets, ORCARA GOLD provides the opportunity to invest in energy resources such as oil and natural gas with leverage up to 1:200.

Accounts

ORCARA GOLD provides a diverse range of trading accounts, each tailored to meet specific trader needs and preferences:

The Standard Account is ORCARA GOLD's most popular option, requiring a minimum deposit of $10. It features spreads starting from 3.0 and a commission of $8.0 per lot. This account offers maximum leverage of 1:1000 and does not include swap fees. It supports a variety of instruments including metals, cryptocurrencies, energies, stocks, and indices, making it suitable for all types of traders.

For newcomers to trading, the Classic Account is an ideal choice with its easy-to-understand setup. Like the Standard Account, it requires a minimum deposit of $10 but offers slightly higher spreads starting from 3.8 and no commission charges. This account also benefits from no swap fees and provides maximum leverage of 1:1000, covering the same range of instruments.

Experienced traders might prefer the ECN Account, which is designed for those seeking market execution with the lowest possible spreads starting from 1.5. This account requires a minimum deposit of $1000 and charges a fixed commission of $8 (XAU10) per lot. It also offers maximum leverage of 1:1000 and includes market rate swaps.

The VIP Account caters to high-volume traders who demand the best conditions, including low spreads starting from 1.8 and no commission on the top 30 instruments. This account requires a significant minimum deposit of $10,000 and offers reduced maximum leverage of 1:200 but maintains no swap fees. It supports trading in metals, cryptocurrencies, energies, stocks, and indices with market execution and no requotes.

Feature	Standard	Classic	ECN	VIP
Minimum Deposit	$10	$10	$1,000	$10,000
Spread	From 3.0	From 3.8	From 1.5	From 1.8
Commission	$8.0 per lot	No commission	$8 (XAU10) per lot	No commission
Swap	No Swap	No Swap	Market swaps	No Swap
Maximum Leverage	1:1000	1:1000	1:1000	1:200
Instruments	Metals, cryptocurrencies, energies, stocks, indices	Metals, cryptocurrencies, energies, stocks, indices	Metals, cryptocurrencies, energies, stocks, indices	Metals, cryptocurrencies, energies, stocks, indices

Leverage

ORCARA GOLD offers its Classic, Standard, and VIP Accounts with different leverage levels to suit varying risk preferences and trading styles. The Classic and Standard Accounts both feature a high leverage of 1:1000, providing traders with substantial market exposure and potential for amplified returns. These account types may appeal to those seeking greater trading power and flexibility. On the other hand, the VIP Account comes with leverage of 1:200, which may be more suitable for experienced traders looking for a balanced approach to risk management.

Spreads & Commissions

ORCARA GOLD provides traders with a choice of three distinct account types, each offering unique trading conditions tailored to different preferences.

The Classic Account features a spread starting from 1.2 pips with a commission of $8 per Lot.

The Standard Account presents a more competitive spread starting from 0.3 pips, appealing to traders seeking tighter pricing and potentially reduced trading costs. Like the Classic Account, the Standard Account also charges $8 per Lot as commission.

For experienced traders seeking even tighter spreads and lower commissions, the VIP Account offers a highly attractive spread starting from 0.1 pips, paired with a reduced commission of $7 per Lot.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread (pips)	Commissions (per lot)
ORCARA GOLD	From 0.3 (Standard Account)	$8 per lot (Standard Account)
Valutrades	From 0.1	$3 per lot traded
RoboForex	From 0.0	Variable (depending on account)
TigerWit	From 0.6	Variable (depending on account)

Trading Platforms

Based on the simple and crude one-page official website, it appears that ORCARA GOLD might offer MetaTrader 5 (MT5) as a trading platform to its traders. However, the website lacks comprehensive details about the platform's features, functionalities, and additional services. To obtain more solid and precise information regarding the trading platform and its offerings, traders are advised to directly contact ORCARA GOLD. By reaching out to the broker directly, traders can gain a comprehensive understanding of the trading platform's capabilities, as well as any other pertinent information, enabling them to make informed decisions and ensure a seamless trading experience aligned with their specific needs and preferences.

Overall, ORCARA GOLDs trading platform is well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.

See the trading platform comparison table below:

Broker	Trading Platforms
ORCARA GOLD	MT5
Valutrades	MT4/5, ValuTrader
RoboForex	MT4, MT5, cTrader, WebTrader, R MobileTrader, R StocksTrader
TigerWit	TigerWit Platform, MT4

Deposit & Withdrawal

ORCARA GOLD offers a streamlined process for managing financial transactions, ensuring both efficiency and compliance. The platform processes deposits and withdrawals instantly, although external factors such as payment system providers can introduce delays, typically extending the withdrawal timeframe to 7 to 10 business days. While ORCARA GOLD does not charge any transaction fees, users might face additional charges from their banks or payment systems. Moreover, the platform monitors withdrawals from inactive accounts, potentially applying investigations or fees to ensure these accounts are used primarily for trading purposes.

Customer Service

ORCARA GOLD provides customer service options to assist its clients in different areas. Customers can reach out to ORCARA GOLD through various channels to address their queries and concerns as below:

Email: support@orcaragold.com

Address: No.687, Village No.1, Lieng Mueang Road, (Asia Road), Kuan Lang Sub-district, Hat Yai District, Songkhla Province, Thailand.

ORCARA GOLD also maintains social Facebook account as supplementary customer support channel.

Direct and instant contact methods such as phone and live chat is not available which might be a problem for some traders who have higher demands for immediate response.

Conclusion

According to available information, ORCARA GOLD is a non-regulated Saint Vincent and the Grenadines-based brokerage firm while offshore operated in Thailand. While the firm offers a range of financial services such as Loan Investment, Financial Consulting, Insurance Consulting, Education Planning, Investment Management, Protection Planning, Retirement & Income, Estate Planning, and Taxes Preparation, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from ORCARA GOLD before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1:	Is ORCARA GOLD regulated？
A 1:	No. It has been verified that this broker currently has no valid regulation.

Q 2:	Is ORCARA GOLD a good broker for beginners？
A2:	No. It is not a good choice for beginners. Its been verified the broker currently has no valid regulations from recognized regulatory authorities.

Q 3:	Does ORCARA GOLD offer demo accounts？
A 3:	No.

Q 4:	What is the minimum deposit for ORCARA GOLD？
A 4:	The minimum initial deposit to open an account is USD 10.

Q 5:	At ORCARA GOLD, are there any regional restrictions for traders？
A 5:	Yes. ORCARA GOLD does not provide services to people who live in the countries / jurisdictions including but not limited to, Australia, Belgium, France, Iran, North Korea, Japan and the United States.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.