Verified: Oroku Edge Was Established In 2021 And Is Registered In Saint Vincent And The Grenadines. It Is An Online Foreign Exchange Broker. The Broker Is Currently Under No Effective Supervision. Traders Are Requested To Consider Carefully And Pay Attention To Risks!
According To The Company's Official Website:
Oroku Edge Offers A Range Of Trading Tools, Including Foreign Exchange Currency Pairs, Commodities, Indices, And Possibly Other Asset Classes. The Specific Details Of The Available Tools Can Be Found On Its Official Website.
This Broker Offers Trading Services Through The Popular MetaTrader 4 (MT4) Trading Platform With Ridiculously High Leverage Of Up To 1:6666.
To Accommodate Different Trading Needs, Oroku Edge Offers A Variety Of Account Types. Traders Can Choose From A Variety Of Options, Including Cent, Standard, And ECN Accounts. The Minimum Deposit To Open A Cent Account Starts At Just $1. Each Account Type Has Its Own Unique Features, Trading Conditions, And Account Opening Requirements.
Oroku Edge Offers Customer Support Services To Assist Traders With Their Queries And Concerns. Traders Can Usually Contact The Broker's Support Team Through Various Communication Channels, Such As Email, Phone Or Live Chat.
Pros And Cons
Oroku Edge, As An Online Forex Broker, Has A Range Of Pros And Cons. On The Positive Side, They Offer A Wide Selection Of Trading Tools, Including Multiple Account Types And Competitive Leverage Options.
Their Trading Platform Is User-friendly And Offers A Variety Of Deposit And Withdrawal Methods. However, There Are Some Cons To Consider. Oroku Edge Operates Without Regulatory Oversight, Which May Raise Concerns About Investor Protection.
Additionally, There Is Limited Information Available Regarding Their Trading Conditions, Educational Resources, And Customer Support Options. It Is Important For Potential Traders To Carefully Evaluate These Factors And Conduct Thorough Research Before Deciding To Participate With Oroku Edge Or Any Other Broker.
Advantages
Multiple Account Types Available
Competitive Leverage Options
User-friendly MT4 Trading Platform
Free Swaps
Disadvantages
Lack Of Regulatory Oversight
Limited Information On Trading Conditions
Limited Range Of Trading Tools
Limited Educational Resources
Limited Customer Support Options
Lack Of Transparency In Fees And Charges
Website Available In One Language Only
Market Tools
Oroku Edge Offers A Variety Of Market Trading Tools. These Instruments Include:
Forex: Trade Major, Minor, And Exotic Currency Pairs, Allowing Traders To Participate In The Global Foreign Exchange Market.
Commodities: Get Access To Popular Commodities Such As Gold, Silver, Crude Oil, Natural Gas, And Other Valuable Resources.
Indices: Trading In Major Stock Market Indices, Such As The Standard & Poor 500, Dow, Nasdaq, FTSE 100, Etc., Representing The Performance Of A Particular Sector Or The Market As A Whole.
Cryptocurrencies: Taking Advantage Of The Growing Popularity Of Digital Currencies Such As Bitcoin, Ethereum, Litecoin, Ripple, And Other Counterfeit Products.
Stocks: Investing In The Shares Of Well-known Companies Listed On Global Stock Exchanges Offers The Opportunity To Profit From Price Movements And Dividends.
Account Type
Oroku Edge Offers Different Types Of Trading Accounts To Meet The Different Needs Of Traders. These Account Types Include:
Cent Account: Cent Account Is Designed For Beginners Or Traders Who Prefer Smaller Trading Sizes With A Minimum Deposit Of $1. It Offers Leverage Of Up To 1:6666, Allowing Traders To Expand Their Trading Positions. This Account Type Is Suitable For Those Who Wish To Start With A Lower Capital And Gain Trading Experience.
Standard Account: Standard Account Is Suitable For Intermediate Traders With Medium Trading Sizes. It Requires A Minimum Deposit Of $15 And Offers Leverage Of Up To 1:3333. Traders Can Enjoy Competitive Trading Conditions And Access A Wide Range Of Trading Tools Using This Account Type.
ECN Account: The ECN Account Is Tailored For Advanced Traders Who Prefer Direct Access To The Market And Low Spreads. It Requires A Minimum Deposit Of $500 And Offers Leverage Of Up To 1:500. This Account Type Offers Traders Faster Execution, Deeper Liquidity And Transparent Pricing, Making It Suitable For Those Engaged In High Volume Or Scalping Strategies.
Account Opening Process
Visit The Official Website Oroku Edge At Https://www.orokuedge.com/. Click On The "Open Account" Or "Sign Up" Button, Usually Located In The Top Right Corner Of The Website.
Fill Out Regedit With Accurate Personal Information, Including Your Name, Email Address, Phone Number And Country Of Residence.
Select The Type Of Trading Account You Wish To Open, E.g. Cent Account, Standard Account Or ECN Account.
Review And Agree To The Terms And Conditions, Privacy Policy And Risk Disclosure Statement.
Submit Regedit And Wait For The Account Verification Process To Complete.
Once Your Account Has Been Verified, You Will Receive Login Credentials Including Username And Password To Access Your Trading Account.
Choose A Convenient Payment Method And Follow The Instructions Provided To Fund Your Account.
After Making A Deposit, You Can Download A Transaction Made By Oroku Edge, E.g. Metatrader 4 Or Metatrader 5.
Use Your Login Credentials To Log Into The Trading Platform And Start Trading At Financimarekt.
Leverage
Oroku Edge Offers Different Leverage Levels Depending On The Type Of Trading Account:
Cent Account: Leverage Up To 1:6666
Standard Account: Leverage Up To 1:3333
ECN Account: Leverage Up To 1:500
Leverage Allows Traders To Expand Their Trading Positions With Borrowed Funds, Which May Lead To Greater Profits. However, It Is Important To Note That Higher Leverage Also Increases The Risk Of Potential Losses, And Traders Should Exercise Caution And Manage Leverage Effectively According To Their Risk Tolerance And Trading Strategy.
Spreads And Commissions
Spreads And Commissions Offered (transaction Fees) Oroku Edge Varies Depending On The Type Of Trading Account And The Specific Financial Instrument Being Traded. As A General Overview:
Cent Accounts: Floating Spreads Start From 1.5 Pips With No Commission.
Standard Accounts: Floating Spreads Start From 1.2 Pips With No Commission.
ECN Accounts: Original Spreads Start From 0.0 Pips With $8 Per Lot Traded (round Trip).
It Is Important To Note That Spreads And Commissions May Change Under Different Market Conditions, Such As High Volatility Or Low Liquidity. Traders Should Refer To The Broker's Website Or Contact Customer Support For Up-to-date And Accurate Information On Spreads And Commissions For A Particular Trading Instrument.
Non-trading Fees
Oroku Edge Imposes Non-trading Fees, Which Are Additional Fees That Are Not Related To Actual Trading Activity. The Following Non-trading Fees May Apply:
Deposit Fees: Oroku Edge Does Not Charge Any Fees For Depositing Funds Into Your Trading Account. However, Be Sure To Check With Your Payment Provider Or Bank As They May Have Their Own Transaction Fees.
Withdrawal Fees: Oroku Edge Withdrawal Fees May Apply When You Withdraw Money From Your Trading Account. The Specific Fees And Charges May Vary Depending On The Withdrawal Method Chosen And The Currency Involved. It Is Recommended To Check The Broker's Website Or Contact Their Customer Support For Details On Withdrawal Fees.
Idle Fees: Oroku Edge May Charge An Idle Fee If Your Trading Account Remains Dormant For A Specific Period Of Time. The Duration Of Inactivity And Associated Fees May Vary Depending On The Type Of Account. It Is Recommended To Check The Broker's Terms And Conditions For The Idle Fee Policy.
Conversion Fee: If You Make Currency Conversions In Your Trading Account, Oroku Edge May Charge Conversion Fees. These Fees Apply When Converting Funds From One Currency To Another And May Vary Depending On The Currency Pair Involved.
Trading Platform
Oroku Edge Offers Its Clients The Popular Metatrader 4 (mt4) Trading Platform. Mt4 Is A Widely Recognized And Widely Used Platform In The Financial Industry, Known For Its Advanced Features, User-friendly Interface, And Powerful Features.
Oroku Edge, The Mt4 Platform Provided, Allows Traders To Access A Range Of Trading Tools And Features To Enhance Their Trading Experience.
Some Of The Key Features Of The Mt4 Platform Provided By Oroku Edge Include:
Friendly User Interface: MT4 Is Designed With A Friendly User Interface That Is Suitable For Traders Of All Experience Levels. The Platform Is Intuitive And Easy To Navigate, Allowing Users To Quickly Execute Trades And Access A Wide Range Of Tools And Resources.
Advanced Charting Tools: MT4 Provides A Comprehensive Set Of Charting Tools That Allow Traders To Perform In-depth Technical Analysis. Traders Can Customize Charts, Apply Indicators, Draw Trend Lines, And Analyze Price Patterns To Identify Potential Trading Opportunities.
Wide Range Of Order Types: The Platform Supports Multiple Order Types, Including Market Orders, Limit Orders, Stop-loss Orders, And Moving Stop-loss Orders. This Flexibility Allows Traders To Implement Different Trading Strategies And Manage Their Positions Efficiently.
Automated Trading: MT4 Enables Traders To Automate The Execution Of Their Trading Strategies Using Expert Advisors (EAs), Customizable Trading Algorithms That Automatically Execute Trades According To Predefined Criteria. This Feature Benefits Traders Who Prefer Algorithmic Trading Or Who Want To Execute Trades Even Without Actively Monitoring The Market.
Deposits And Withdrawals
Oroku Edge Offers A Variety Of Deposit And Withdrawal Methods To Meet The Diverse Needs Of Its Customers. Available Methods Include:
Visa: Customers Can Use Visa Credit Or Debit Cards For Deposits And Withdrawals. This Method Provides Convenience And Accessibility For Customers Who Prefer To Use Visa Cards For Transactions.
MasterCard: Similar To Visa, Oroku Edge Accepts MasterCard Deposits And Withdrawals. Customers Can Use Their MasterCard Credit Or Debit Card To Fund Or Withdraw Funds From Their Transaction Account.
Bank Telegraphic Transfer: Bank Telegraphic Transfer Provides A Safe And Direct Way To Transfer Funds Between A Customer's Bank Account And Their Oroku Edge Trading Account. Customers Can Initiate A Telegraphic Transfer From Their Bank, And Oroku Edge Will Credit Their Trading Account Upon Receipt Of The Funds.
Bank Transfer: Oroku Edge Supports Local Bank Transfer, Allowing Customers To Deposit Funds From Their Local Bank Account Directly Into Their Trading Account. This Method Is Particularly Useful For Customers Who Prefer To Use Domestic Banking Services.
Tether: Oroku Edge Also Accepts Tether (usdt) For Deposits And Withdrawals, A Cryptocurrency Pegged To The Value Of The U.S. Dollar That Provides Customers With Stable And Fast Transaction Processing For Digital Assets.
Customer Support
Oroku Edge Is Committed To Providing Reliable And Responsive Customer Support To Its Customers. The Broker Offers Various Channels Through Which Customers Can Seek Help Or Resolve Their Queries. The Customer Support Options Offered By Oroku Edge Include:
Online Chat: Oroku Edge Offers A Live Chat Feature On Their Website That Allows Customers To Have A Live Conversation With A Customer Support Representative, Which Makes It Possible To Communicate Quickly And Directly To Help Resolve Any Queries Or Issues Immediately.
Email Support: Customers Can Also Contact Oroku Edge's Customer Support Team Via Email Where They Can Send Their Queries, Concerns Or Requests To The Designated Email Address Provided By The Broker. The Support Team Aims To Respond To Emails In A Timely Manner And Provide Relevant And Useful Information.
Telephone Support: Oroku Edge Offers A Telephone Support Service That Allows Customers To Contact The Support Team Directly By Phone.
