Onorio Review

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Onorio Review   
Our Score

Searching for the right broker may seem easy since the trading market is full of opportunities and offerings. In fact, making the right decision, and choosing the broker company that suits you and your trading needs, is quite tricky. Our Onorio review will provide you with all the information you need to make the right decision.

General Information

Broker Name:Onorio
Broker Type:Independent
Country:ST. Vincent and the Grenadines
Operating since year:2020
Regulation:-
Broker status:Active, none Regulated
Phone:+44-2080-684-001
Email:[email protected]
Languages:German, English, Russian Arabic, Italian.
Availability:24/7
Address:, Kingstown. ST. Vincent and the Grenadines.
Trading platforms:Proprietary ( PandaTS)
The Trading platform Time zone:N/A
Demo account:YES
Mobile trading:YES
Web-based trading:YES
Bonuses: YES
Other trading instruments: YES
Minimum deposit:EUR 250 (EUR 250 for first time deposit)
Maximal leverage:1:400
Spread:fixed & variable
Scalping allowed: YES

Onorio Review –

 

Tradable Products and Account Opening

Onorio offers both retail and professional trading accounts to trade currencies, indices, stocks, commodities and cryptocurrencies. The broker provides traders to sell on over 500 CFD instruments.  However, please take note for yourself and remember that trading costs such as spreads, commissions, and swap rates vary differently; the main reason is that it depends on the different instruments being traded and the platform that is used.

 The account opening process with Onorio is quite simple.  You can start either with the demo account to practice a little bit or hop on to the higher-level account; it is up to you. Each account type provides different benefits, discounts, and features.

Onorio Accounts
Onorio Accounts

Here are the minimum deposits of the status accounts:

  • Classic level’s minimum deposit – 250 EUR
  • Gold Plus level’s minimum deposit –
  • Platinum level’s minimum deposit  –
  • VIP level’s minimum deposit  –

 

Onorio Reviews: Commissions and Spreads

As we’ve mentioned above, leverage with Onorio vary depending on your account status level. Moreover, larger funded accounts have a much higher status level with more significant discounts on spreads and commissions.

 

Onorio Review: Payment Methods and Withdrawals

Onorio offers quick and simple deposit and withdrawal methods. The variety is quite somewhat limited. You can choose whichever you like, such as credit and debit cards, bank wire transfer, . Moreover, you can use cryptocurrencies as a payment method too.  Also, deposits and withdrawals can easily take place from the Onorio trading terminal.

Onorio clients can withdraw funds through a variety of ways with different commission amounts.

 

Trading Platforms

Working with a broker without a well-managed trading platform is unimaginable. Therefore, Onorio seized the opportunity and created an environment that offers a solid experience on their trading platform: t

one that you can experience before even signing up by just going to their site and going to the Trading platform option in their main menu.

Onorio Trading Platform
Onorio Trading Platform
  • It offers more than 40 currency pairs and 50+ trading tools.
  • Flexible management with trailing stop on trading position closing.
  • The client’s orders don’t need a dealing desk (NDD).
  • full trading conditions readily available
  • Traders trend widget

Pros of trading with Onorio Web:

  • Quick management of your capital
  • Simple and convenient
  • The minimum trade volume of 250EUR
  • Multiple chart types and timeframes ( 9 in total)
  • Access to 450+ instruments

Mobile Trading Platform

Overall, the Onorio mobile app is no different from the Onorio proprietary platform, and it basically provides the same features as its web version with access to multiple asset classes. Additionally, it is 100% compatible with both Android and iOS systems. Clients can find the download links for the app on the broker’s website.

Onorio Reviews: Trading Education and Research

Onorio does not provides enough  educational resources in our opinion .

As are not enough research tools , Onorio does not provides access to live market analysis webinars, market news, and trading ideas. now this information is available pretty much everywhere so getting a third party source for that might actually be a good idea, none the less we would like to have seen some news in the platform

Onorio: Client Support

The broker offers customer support that you can reach, in case of questions or other issues, from Monday to Friday 8 am to 8 pm Central European Standard time. You can reach support through either their Live Chat, E-mail, or telephone number.

This makes us feel confident that Onorio is not a scam. Seems like they invested a lot of time and money to make them easily reachable. They obviously want to help you solve your problems.

What Do We Think?

Overall, our experience with Onorio was quite positive and pleasant. The broker offers multiple asset classes, a goo trading platform, and good and transparent trading conditions. The trading platform gives you many features and allows you to start with a free demo account. Thus, both beginner and advanced traders can enjoy great account offerings, easy calculations, and transparent costs.

Onorio is is fully capable of providing the best and most relevant service to its clients.  The resilience and professionalism of the company ensure that all products and services are trustworthy.

However, before starting any trading, please remember to:

  • Do your own research, read more about CFD-s and brokers that you are going to invest in.
  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Thank you for reading our Onorio review, we really do hope that it was useful and helpful. We wish you luck in trading and investing. Please don’t hesitate to leave us your personal experience and opinion about Onorio.

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