What Is ORCARA GOLD?
From Its Official Website, ORCARA GOLD Is A Brokerage Company Registered In Saint Vincent And The Grenadines But Actually Located In Thailand, Which Suggests That It May Be An Offshore Operating Company. This Model Will Reduce The Trust And Confidence Of Customers In The Operation Of The Company. It Claims To Provide Traders With Financial Services Such As Loan Investment, Financial Consulting, Insurance Consulting, Educational Planning, Investment Management, Protection Planning, Retirement And Income, Estate Planning And Tax Preparation.
Advantages And Disadvantages
Advantages
• Various Account Types To Meet Different Trading Needs
• Trading Instruments Across Multiple Asset Classes
• Flexible Leverage
• FinCEN Regulated
• Charge Commissions
• Limited Customer Support Channels
• No Payment Method Information
Disadvantages
• Low Minimum Deposit
• Not Accepting Clients From Certain Countries
• The Content Of The Official Website Is Of Poor Quality And The Information Is Confusing
Is ORCARA GOLD Safe Or Fraudulent?
ORCARA GOLD Operates Under The Supervision Of FinCEN With License Number 31000282297635.
Market Tools
Currency: As The Largest Market In The World, ORCARA GOLD Offers Currency Trading With Competitive Spreads Starting From 0 Pips, Enabling Traders To Participate In Forex Trading Efficiently.
Cryptocurrency: The Platform Offers 24/7 Swap-free Transactions Of Major Cryptocurrencies Such As Bitcoin To Satisfy Traders Interested In Dynamic Cryptocurrency Markets.
Stocks: Traders Can Invest In Global Companies Without Paying 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 Stocks.
INDEX: ORCARA GOLD Enables Traders To Take Advantage Of Major Indices That Include The Biggest Names In Technology And Other Industries, Providing An Entry Point Into A Broad Market Exposure.
Precious Metals: The Platform Also Offers Trading On Popular Safe-haven Assets Such As Gold And Silver, Enabling Traders To Diversify Their Portfolios Through Precious Metals, Which Are Often Sought After During Times Of Economic Uncertainty.
ENERGY: For Those Interested In Commodity Markets, ORCARA GOLD Offers The Opportunity To Invest In Energy Resources Such As Oil And Gas With Leverage Up To 1:200.
Accounts
ORCARA GOLD Offers A Diverse Range Of Trading Accounts, Each Customized To Meet Specific Trader Needs And Preferences:
The Standard Account Is The Most Popular Option For ORCARA GOLD, With A Minimum Deposit Requirement Of 10 Dollars. It Has Spreads Starting From 3.0 Pips And Charges A Commission Of 8 Dollars Per Lot Traded. The Account Offers A Maximum Leverage Of 1:1000, Excluding Swap Fee Handling Fees. It Supports Multiple Instruments Including Precious Metals, Cryptocurrencies, Energy, Stocks And Indices, Making It Suitable For All Types Of Traders.
For Novice Traders, The Classic Account Is An Ideal Choice, And Its Setup Is Easy To Understand. Similar To The Standard Account, It Requires A Minimum Deposit Of 10 Dollars, But With A Slightly Higher Spread, Starting At 3.8 Pips, And Does Not Charge A Commission. The Account Also Does Not Include A Swap Fee Handling Fee, And Offers A Maximum Leverage Of 1:1000, Covering The Same Range Of Instruments.
Experienced Traders May Prefer The ECN Account, Which Is Designed For Traders Seeking Market Execution And Minimum Spreads (starting At 1.5 Pips). The Account Requires A Minimum Deposit Of 1,000 Dollars, And Charges A Fixed Commission Of 8 Dollars (XAU10) Per Lot Traded. It Also Offers A Maximum Leverage Of 1:1000, And Includes Market Rate Swaps.
The VIP Account Is Aimed At High Volume Traders And Offers The Best Conditions, Including Low Spreads From 1.8 Pips And No Commissions On The Top 30 Instruments. The Account Requires A Significant Minimum Deposit Of $10,000 And Offers A Reduced Maximum Leverage Of 1:200, But Does Not Charge A Swap Fee Handling Fee. It Supports Trading In Precious Metals, Cryptocurrencies, Energy, Stocks And Indices, With Market Execution And No Re-quotes.
Leverage
ORCARA GOLD Offers Classic, Standard And VIP Accounts With Different Leverage Levels For Different Risk Appetite And Trading Styles.
Both Classic And Standard Accounts Have Leverage Of Up To 1:1000. VIP Accounts, On The Other Hand, Have Leverage Of 1:200.
Spreads And Commissions
ORCARA GOLD Offers Traders A Choice Of Three Different Account Types, Each Offering Unique Trading Conditions To Suit Different Preferences.
Spreads On Classic Accounts Start At 1.2 Pips And Charge $8 Commission Per Lot.
Spreads On Standard Accounts Start At 0.3 Pips And Are Suitable For Traders Looking For Tighter Pricing And Potentially Lower Trading Costs. As With Classic Accounts, Standard Accounts Also Charge $8 Commission Per Lot.
For Experienced Traders Looking For Tighter Spreads And Lower Commissions, VIP Accounts Offer Very Attractive Spreads Starting From 0.1 Pips, Paired With A Commission Of $7 Per Lot.
Trading Platform
According To The Simple And Crude Official Website, ORCARA GOLD May Offer Its Traders MetaTrader 5 (MT5) As A Trading Platform. However, The Website Lacks Detailed Information About The Platform's Features, Functionalities And Additional Services.
Deposits And Withdrawals
ORCARA GOLD Offers A Streamlined Financial Trading Process That Ensures Efficiency And Compliance. The Platform Can Process Deposits And Withdrawals Instantly, Although External Factors Such As Payment System Providers May Introduce Delays, Typically Extending The Withdrawal Time To 7 To 10 Business Days.
Client Server
ORCARA GOLD Provides Client Server Options To Assist Its Customers In Solving Problems And Concerns In Different Areas, As Follows:
Email: Support@orcaragold.com
Address: 687 Village, No. 1 Asia Road, Guanlang Sub-district, Hattai District, Songkhla Province, Thailand.
ORCARA GOLD Also Maintains Social Facebook Accounts As A Supplemental Customer Support Channel.
Direct And Immediate Contact Details, Such As Telephone And Live Chat, Are Not Available, Which May Cause Problems For Some Traders Who Have Higher Requirements For Immediate Response.
Conclusion
According To Available Information, ORCARA GOLD Is A Non-regulated Brokerage Based In Saint Vincent And The Grenadines, While Operating Offshore In Thailand. The Company Offers A Range Of Financial Services Such As Loan Investment, Financial Advice, Insurance Advice, Education Planning, Investment Management, Protection Planning, Retirement And Income, Estate Planning And Tax Preparation.
