orionbrokers.com Review

1.971 • 11 REVIEWS
Out of business
Updated: Apr 13, 2022
orionbrokers.com
Out of business
1.971 • 11 REVIEWS

Recent User Reviews of orionbrokers.com

O
Observer
Dubai, UAE,
Feb 9, 2010,
Guest

COMPANY DOES NOT EXIST ANYMORE

It had been liquidated due to owners sueing each other.

Its Dubai offices have all closed as well.
A company called Noor Capital has probably bought them in some way.
A
Ahmed
Germany,
Sep 8, 2009,
Guest

I was working in a company in Egypt they had from OrionBrokers an IB , Really we saw allot of proplems from the customers Because of them :

1- Wide spread (There huge spread+the IB comission+slpage+Request) until your order is excuted you are --20 : 25 pips
2- Weared platform data feed
3- If you request your profit from them it could take 3 weeks to give it to you
4-They are not ECN or even STP , They have such sucks dealing Desk to the suck the clients money

Now there website and there platform is not working , it seems they ran away

Keeb yourself away from them There is millions of traders better then them
A
Alexander Mudge
Dubai,
Jun 16, 2009,
Guest

Orion are bankrupt. get your money out!
M
Muhammad Kaleem
Dubai,
Jun 11, 2009,
Guest

No one compete to Orion in entire UAE believe me.. Perfect service, excellent Brokerage performance.... I am also Employee of Orion...God Bless Orion
K
Kostas
limassol,
Jul 11, 2008,
Guest

I opened an account with this company around 2 months ago, after a recommendation from a business associate in Jordan. I was informed yesterday that the company's employees in jordan were arrested and an arrest warrant has been issued against the owners, after one for their clients won a $2.5 million lawsuit. Many clients are rushing to withdraw their money and i think i will join them.
A
Ahmad Amoudi
Amman, Jordan,
May 7, 2008,
Guest

Prices are way off (have tenfore for reference). Dealing with their dealers for pricing even worse. Pricxing during news events literally hillarious. Not registered as stated with NFA as claimed. After getting a friend to check with registration in Dubai (their claimed base) turns out their registered for only futures (or something out of currency reach). All in all horrible experience and was very glad to reclaim my money with no loss. There are better companies to deal with.
M
Mohammed Elnozamy
cairo,
Dec 11, 2007,
Guest

orion is excellent company and I am working with them two years ago and customer service is wonderful and withdrawal and deposit easily. Thank God i was won, and i was withdrawn my money from this company easily..
S
Saad Alharbi
Kuwait,
Dec 1, 2007,
Guest

Complete SCAM.

Their quotes are very bad. They only make money out of clients losses.
Just ask for a copy of your account agreement to be signed by Orion and you will never receive it. WHY because they are not regulated. They claim they are in Dubai yet you sign your agreement with Orion Delware, which is an offshore and not regulated in USA. You can check the NFA register.
In Dubai they are clearing broker for Gold and Silver only. So how come they trade currencies and futures.
If you make money, that is IF, then they will find many execuses not to pay you your profits. Claiming that you are scalper, etc.

Stay away from them ....BIG SCAM
M
Mohamed Alyousifi
UAE,
Nov 27, 2007,
Guest

SCAM....I realy don't know how can any one work with such a broker. If you make money then you are in trouble...delayed quotes, pulling out trades, claiming wrong quotes etc.

I have checked this broker, they are registered in Delware USA, at least according the customer agreement, but they are not NFA member and I discover that Orion in Delware is $1000 company that is offshore and no physical office. Then I find out that it is in Dubai registered to trade Gold and Silver but not currencies so whom am I trading with Orion Dubai or Orion Delware. Then I find out that its head office is in Jordan. But in Jordan Forex brokers are illegal!! Well be sure it is a SCAM.
A
Ahmed Raed
Damascus,
Sep 24, 2007,
Guest

I saw with them market moves, only with them no one else. they play the system against me.
they are scam of swiss, uae, banama, few more countries, and all from one Jordan