Onorio Review – Review Broker for online Dash Trading
Onorio was established in 2020 and is headquartered in Kingstown. ST. Vincent and the Grenadines.
It is a pure STP (no dealing desk) broker that provides tight spreads in a stable, safe and secure environment. The company focuses on the security of client funds in particular with a mission to provide a safe and reliable trading environment.
|💻 Trading Platform||Webtrader (PandaST)|
|🏢 Head Office||ST. Vincent and the Grenadines|
|⭐ Reviews||average 4 stars|
|↔ Maximum Leverage||400:1|
|🖥 Execution Servers||Amsterdam, Frankfurt, Hong Kong|
|📡 Broker Type||STP|
|💰 Negative Protection||Yes|
|📊 Trading Options||Forex, CFDs, Crypto, Indices, Shares|
CHARGES AND MARGINS AT ONORIO
As is true for all brokers, clients pay either a spread or commission on every non-share CFD.
Our Onorio review shows that the online broker does offer a very wide range of available markets, and its trading conditions and environment are great.
With Onorio, traders can use one of the most popular trading platforms available on the market: the Panda Trading platform
Good thing here is that you are actually able to see the platform before you even leave any information at the broker. At the website of the prober you have direct access. There you see the platform in all its glory and are able to also see all the information for any and all assets pairs you look the trade, there is a tab called “information” in the top once you have select your pair and that will then show you more information then you normally will see at a broker , especially before you opened an account.
the platform is available on almost any device, be it desktop computers, Android or iOS (mobile trading), and can be utilized with all account types.
The Platform provides a unique service called Trading sentiment, which allows clients to see what other traders are doing . This service can easily be installed into an MT4 account and works very well alongside other EAs or a trader’s own trading strategy. This service is especially beneficial to clients who are new to trading.
CUSTOMER SERVICE AND CLIENTS SUPPORT
Onorio offers 24/5 customer service with a team of customer success managers that can be contacted via Live Chat and telephone.
Onorio offers different trading accounts with different benefits. The best fit depends on what you, as a trader, are looking for. If you are rather new to Forex trading, you might want to get started with the Classic Account.
Or perhaps you might be interested in ultra-low spreads Platinum Account .the Lowest Account types require a minimum deposit of just $250 and maximum leverage can be set up to 100:1.
High volume or institutional traders are also very welcome and can benefit from Onorio’s “VIP accounts” This program allows highly active traders to reduce their trading costs an receive multiple other benefits
The program consists of five tiers, and all Onorio Live account holders are automatically enrolled. Clients can upgrade their status and decrease their commission costs in two ways: by increasing the overall turnover volume or by depositing larger amounts in equity. Below is a quick overview of the five tiers:
In our Onorio broker review we were able to test the broker’s trading environment and available platforms and markets with a free demo account.
Available deposit methods and withdrawal methods include:
- credit cards and debit cards (Mastercard and Visa)
- Cryptocurrency deposits: Bitcoin
- Bank wire transfers
Please note, that the availability of the above deposit and withdrawal methods varies from one country to another. Some of these methods may not be available in your particular country. Please consult with the Onorio support team.
Trading accounts can be opened in USD, EUR, GBP, CHF, and some other cryptocurrencies and fiat currencies.
FOREX AND OTHER TRADING OPTIONS AT ONORIO
- 50+ currency pairs
- 10 +indices CFDs
- +++ cryptocurrencies ( see below)
Onorio offers ultra-low spreads, starting from 0.0 Pips on the Pro account option. The Classic account comes with starting spreads from 01.0 Pips. Maximum leverage can be set as high as 100:1 and the minimum deposit size is $250.
There are up to 40+ tradable Forex pairs with all accounts as well as pot metals, stock indices, metals, commodities and energies CFDs and stocks of the largest global companies.
Next to available digital assets for deposits and withdrawals, currently a lot of the largest cryptos can also be traded against the US dollar: Euro GBp and others.
SPECIAL FEATURES OF ONORIO
- the transparent high technology Trading Platform
- Fast execution speeds
- Tight spreads
- NDD & STP
Decent leverage of up to 200:1 is available in a safe and stable trading environment. The VIP clients have the option to go even higher up to 500:1
Onorio allows most trading styles, such as scalping and hedging.
Onorio overall offers a very professional trade environment and a great customer service presence. Decent leverage and a good selection of trading instruments are available. Institutional and high volume traders await excellent benefits and extra features worth checking out!