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The WikiFX Score of this broker is reduced because of too many complaints!

OSIRIS FOREX

Australia|2-5 years|
Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|High potential risk|

https://www.osirisforex.com/en/

Website

Rating Index

Contact

support@osiristradelimited.com
https://www.osirisforex.com/en/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Other ways of contact

Broker Information

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Company Name

Osiris Trade Limited

Abbreviation

OSIRIS FOREX

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • AustraliaASIC (license number: 001293985) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

OSIRIS FOREX · WikiFX Survey

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OSIRIS FOREX · Company Summary

Note: OSIRIS FOREXs official website: https://www.osirisforex.com/ is currently inaccessible normally.

OSIRIS FOREX Review Summary
Founded2024
Registered Country/RegionAustralia
RegulationASIC(Revoked)
Market InstrumentsForex pairs, Commodities, Stocks, Cryptocurrencies, Indices
Demo Account
LeverageUp to 1:1000 (Premium Account)
Spread0.0 pips onwards
Trading PlatformMT4, MT5
Min Deposit$50
Customer SupportEmail: email
Phone: (+61) 1300 669 605

OSIRIS FOREX Information

Australian broker OSIRIS FOREX offers Premium, Fixed, and Zero trading accounts. Their instruments include FX, commodities, cryptocurrencies, and indexes. The broker is unregulated by financial authorities.

Pros and Cons

Pros Cons
High leverage up to 1:1000Not regulated
Multiple account optionsCommission fees on Zero account can be high for some traders
Multiple deposit and withdrawal methodsLack of proprietary trading platform

Is OSIRIS FOREX Legit?

No, the regulatory status of OSIRIS FOREX is not valid. ASIC licence 001293985 has been revoked.

Australian broker OSIRIS FOREX offers Premium, Fixed, and Zero trading accounts. Their instruments include FX, commodities, cryptocurrencies, and indexes. The broker is unregulated by financial authorities. Pros and Cons Pros Cons High leverage up to 1:1000 Not regulated Multiple account options Commission fees on Zero account can be high for some traders Multiple deposit and withdrawal methods Lack of proprietary trading platform Is OSIRIS FOREX Legit?

What Can I Trade on OSIRIS FOREX?

A wide range of tradable products are available at OSIRIS FOREX, such as equities, indices, commodities, currency, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFD
Indices
Stocks
ETF

Account Types

Three major account options from OSIRIS FOREX are Premium, Fixed, and Zero. Beginning with a modest initial deposit and no commission, the Premium account is perfect for novices. Aimed at expert traders, the $0 account has $0 spreads but contains commission fees; the Fixed account provides consistent spreads free from charge. No particular reference to Islamic narratives.

Leverage

For the Premium account, OSIRIS FOREX provides leverage ranging from 1:1000; for the Fixed account, from 1:400; for the Zero account, from 1:250. Although high leverage is dangerous for beginners, it can increase both profits and losses, which qualifies for seasoned traders.

OSIRIS FOREX Fees

The fees at OSIRIS FOREX are slightly above industry standards for certain accounts.

Spreads: From 0.0 pips onwards.

Commission: No commission for Premium and Fixed accounts, while the Zero account charges $4 per side per 100,000 traded.

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MetaTrader 4 (MT4)Desktop, Web, MobileSuitable for traders looking for a classic interface
MetaTrader 5 (MT5)Desktop, Web, MobileIdeal for traders needing advanced analysis tools

Deposit and Withdrawal

The minimum amount is $50 and OSIRIS FOREX charges no fees for withdrawals or deposits. All handled without further costs, they offer a range of deposit alternatives including Bank Wire Transfers, Credit/Debit Cards, Skrill, Neteller, and PayPal.

Deposit Options Min. DepositFees Processing Time
Bank Wire Transfer$50NoneVaries
Credit/Debit Card$50NoneInstant
Skrill$50NoneInstant
Neteller$50NoneInstant
PayPal$50NoneInstant
Withdrawal Options Min. Withdrawal Fees Processing Time
Bank TransferNot MentionedNoneStandard Bank Processing Time
Crypto PaymentNot MentionedNoneDepends on Network
PayPalNot MentionedNoneVaries

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