This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
FXORO Review
FXORO was a Cyprus regulated CFD broker run by MCA Intelifunds Ltd. It gave up its license and stopped serving all clients in October 2025.
Min Deposit
N/A
Spreads From
Not applicable, FXORO is closed
Max Leverage
Not applicable, FXORO is closed
Platforms
MetaTrader 4
Pros
- FXORO once held a genuine CySEC license in Cyprus, number 126/10
- Client funds sat in segregated bank accounts while the firm was active
- Retail clients had negative balance protection under CySEC rules
- It offered MetaTrader 4 alongside a wide range of CFD markets
- The Cyprus Investor Compensation Fund covered eligible client claims
Cons
- CySEC fined the firm 360,000 euros in 2024 for treating clients unfairly
- MCA Intelifunds gave up its license and shut FXORO down in October 2025
- Some clients report blocked withdrawals and frozen funds before the close
- A related brand, FXORO Global, runs on a much lighter Seychelles license
- FXORO no longer accepts new clients, deposits, or account signups
FXORO was a forex and CFD broker owned by MCA Intelifunds Ltd, based in Limassol, Cyprus. CySEC licensed the firm on 21 December 2010, under number 126/10. FXORO let clients trade currency pairs, shares, indices, and commodities as CFDs through MetaTrader 4.
In April 2024, CySEC fined MCA Intelifunds 360,000 euros. The regulator said the firm lacked proper compliance steps and did not always treat clients fairly. The firm then chose to give up its license. It stopped taking new clients and closed every account from 24 October 2025. CySEC still lists the license as under review for that exit.
WikiFX and other trackers describe clients who could not withdraw money before the shutdown, some stuck for months. FXORO also ran a separate brand, FXORO Global, through Oro Fintech Ltd in the Seychelles, which still trades under a lighter license and does not accept UK or EU clients. BestForex.io treats FXORO as closed and does not recommend sending it any money.
Max Leverage
Not applicable, FXORO is closed
Spreads From
Not applicable, FXORO is closed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
