Forex Orsted Broker Trading Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

Orsted Trading Conditions

Registered Region Denmark

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@orsted.com

Contact Number +4599551111

Website orsted.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including Forex, commodities, stocks, and cryptocurrencies
User-friendly trading platforms: MT4 and MT5
Support for multiple devices: Windows, macOS, iOS, and Android
Accessible customer support via email and telephone
Demo account option for practice trading without risk

Cons

Not regulated by any recognized financial authority
Absence of investor protection measures
Limited educational resources for traders
Potential withdrawal fees and inactivity fees
Vulnerability to fraud due to lack of oversight

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Orsted	NORDEA	NetDania	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Denmark	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Orsted Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and retail traders	Accessible trading conditions, user-friendly platform	Suitable for small-capital practice
Professional Account	Experienced traders	Advanced trading tools, potential for higher leverage	Requires proof of trading experience and volume
Demo Account	New traders	Practice trading without risk, simulated market conditions	Ideal for testing strategies

Account Opening Process

To open an account with Orsted, traders must submit personal, employment, and financial information. This includes providing identity verification documents such as a government-issued ID and proof of address. The process is designed to ensure compliance with company policies. Additionally, traders may have the flexibility to upgrade to a professional account later, depending on their trading activity and qualifications.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	Varies	Tight spreads for major pairs
CFDs (Stocks, Indices)	Varies	Varies	Depends on the specific asset
Cryptocurrencies (BTC, ETH)	Varies	Varies	Dynamic based on market conditions

Other Fees

Traders should be aware of several potential costs associated with their accounts. These may include deposit and withdrawal fees, inactivity fees for dormant accounts, and any platform usage fees if applicable. Additionally, overnight interest (swap rates) may apply to positions held beyond the trading day, and currency conversion fees could be incurred when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Orsted User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Michael Jensen

Copenhagen

★ ★ ★ ★ ★

I have been struggling to withdraw my funds for over a month now. Customer support is not very helpful, and I feel quite frustrated with the whole process. I would advise potential traders to be cautious.

Anna Sørensen

Aarhus

★ ★ ★ ★ ★

Orsted offers a great range of trading instruments, and I found the MT4 platform very user-friendly. The speed of execution has been impressive, and I appreciate having a demo account to practice my strategies.

Lars Nielsen

Odense

★ ★ ★ ★ ★

My experience has been terrible. I tried to get in touch with customer support multiple times regarding my withdrawal, but I received no response. I regret choosing this broker.

Sofie Madsen

Aalborg

★ ★ ★ ★ ★

I’ve had a very positive experience with Orsted. The trading platforms are excellent, and I love the variety of instruments available. Customer support has been responsive, and I feel confident trading here.

Denmark Market