ANSWER Dear Investor,
Oron Trade is not a trustworthy broker as it does not hold a valid financial licence.
It claims to operate under Oron Limited, which is registered in Saint Lucia. While we can confirm that a company with the same name is registered with the Saint Lucia International Financial Centre (IFC), this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licenses forex trading activities.
Furthermore, Oron Trade fails to display any licensing information to prove its regulatory status. Clearly, it is not licensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. We therefore strongly advise you to avoid engaging in any trading activities with Oron Trade in order to protect your funds.
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