Orient Financial Brokers (OFB)’s earns a 1.0-star rating from 2 reviews, showing that the majority of clients are dissatisfied with trading services.
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Employee and service provided
Greetings
This mail is just to highlight the fact that I, an existing client am very dissapointed with the service provided by the advisor associated with me.
At the time when I contacted Orient financial brokers for opportunity in investment i was shown all the positives of the world of cfds.
I was contacted almost each and every day in order to open an account. I had multiple meetings with the advisory assigned to me Manoharan. I was assured that i will get daily tips and was promised that i could easily make approximately 100$ a week. Being hestitant i started off with a small amount of 1000$ hoping to make half i.e 50$ a week.
Once the account had opened, the advisor had almost dissapeared. After contacting him daily on messages i got one trading tip a week which were 80% wrong. I lost my complete account balance in 3 months which was astonishing. The advisor Mr. Manohar noticing this tried to lie his way out and told me that the tips were less frequent and not accurate enough as the amount invested was less and told that with amount of 4000$ i will get daily tips which will be more accurate. What really amazes me is that the advisor had the audacity to tell such a statement.
I had hoped for better professionalism from a company reputed and being in the business for more than 20 years would hire employees who are not dedicated and sincere. It is sad to know that they so not care about their clients and would allocate such poor and untrained advisors. I am pretty sure Orient has other better advisors maybe for the investors who are putting in more money as i dont beleive they would be making moeny with employees like Mr Manoharan.
I would like to conclude by saying that even though i have lost my investment, i will not give up on cfds as it is a market to make money and i will be shifting to century who charge a bit more on the commission but are more focused on client requirements and have the time to focus on their needs. I would be highlightinh this on social media and other feedback websites to warn others from falling into such a trap.
Liars and Unresponsive
At the time of opening CFD account they clearly told me that there is no interest on margin trading as their product is Sharia compliant, but later on they kept charging me the interest, clearly written as interest charges on the statements. When I asked, the broker first tried to deceive me by insisting that it's not interest but maintenance charges, although when failed to fool me, he accepted and apologized that it was his mistake and that it's interest from the platform provider.
My advice for all those interested in CFD trading, there are so much cheaters in UAE market, never accept any statement verbally, take a written evidence of it. Also carefully read the terms and conditions before signing the form. Always fill the form yourself, do not let them fill and never sign an unfilled form.
I strongly disagree with this i have been trading with them since 10 years and it seems to be perfectly ok. The deposits and even the withdrawals is quite swiftly and i dont seem to find and problems with them
So which is the best trading platform to trade cfds with?
I strongly agree Mr. Ahmed Siddiqui this is really a bad practice to lookover & decieve clients in such a way which is related to their Religious Sentiments. Companies should never do such things atleast in the case of some one Religion when it is not accepted by them.
Is Orient Financial Brokers (OFB) Legit?
Orient Financial Brokers (OFB) earns a trustworthiness rating of 27%
Assess your risks. Protect your personal information when dealing with Orient Financial Brokers (OFB).
The website belonging to Orient Financial Brokers (OFB) has a low number of visitors, which could be a red flag for users. However, it's important to conduct additional research to fully evaluate the website's legitimacy and trustworthiness.
We have identified high risk financial services or content on Orient Financial Brokers (OFB)'s website. It is recommended that you use trusted sources and do your due diligence before engaging with any offers or services.
We conducted a search on social media and found several negative reviews related to Orient Financial Brokers (OFB). These reviews may indicate issues with the company's products, services, or customer support. It is important to thoroughly research the company and its offerings before making any purchases to avoid any potential risks.
Keywords related to scams and fraud were identified in our analysis of Orient Financial Brokers (OFB) website, which could indicate that the website is engaging in illegal or unethical activities. It is crucial to approach the website with caution and conduct proper research before taking any action.
However ComplaintsBoard has detected that:
- We found clear and detailed contact information for Orient Financial Brokers (OFB). The company provides a physical address, 2 phone numbers, and email, as well as 3 social media accounts. This demonstrates a commitment to customer service and transparency, which is a positive sign for building trust with customers.
- Orient Financial Brokers (OFB) has claimed the domain name for orientfinance.com for a long time, scammers and fraudulent websites can also claim domain names for a long time and use this as a tactic to appear more trustworthy.
- Orientfinance.com has a valid SSL certificate, while Scammers can obtain a valid SSL certificate by using fake information or by using a stolen or hijacked domain. In some cases, they may even use a certificate issued to another legitimate website.
- Orientfinance.com has been deemed safe to visit, as it is protected by a cloud-based cybersecurity solution that uses the Domain Name System (DNS) to help protect networks from online threats.
Orient Financial Brokers (OFB) Reviews 0
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Overview of Orient Financial Brokers (OFB) complaint handling
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Orient Financial Brokers (OFB) Contacts
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Orient Financial Brokers (OFB) phone numbers+971 4 351 4900+971 4 351 4900Click up if you have successfully reached Orient Financial Brokers (OFB) by calling +971 4 351 4900 phone number 0 0 users reported that they have successfully reached Orient Financial Brokers (OFB) by calling +971 4 351 4900 phone number Click down if you have unsuccessfully reached Orient Financial Brokers (OFB) by calling +971 4 351 4900 phone number 0 0 users reported that they have UNsuccessfully reached Orient Financial Brokers (OFB) by calling +971 4 351 4900 phone numberDubai+971 2 642 9666+971 2 642 9666Click up if you have successfully reached Orient Financial Brokers (OFB) by calling +971 2 642 9666 phone number 0 0 users reported that they have successfully reached Orient Financial Brokers (OFB) by calling +971 2 642 9666 phone number Click down if you have unsuccessfully reached Orient Financial Brokers (OFB) by calling +971 2 642 9666 phone number 0 0 users reported that they have UNsuccessfully reached Orient Financial Brokers (OFB) by calling +971 2 642 9666 phone numberAbu Dhabi
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Orient Financial Brokers (OFB) emailsinfo@orientfinance.com100%Confidence score: 100%Support
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Orient Financial Brokers (OFB) address506, Al Abbas Building, Khalid Bin Al Waleed Road PO Box 2495, Dubai, United Arab Emirates
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Orient Financial Brokers (OFB) social media
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Checked and verified by Maria This contact information is personally checked and verified by the ComplaintsBoard representative. Learn moreMay 13, 2024
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Liars and UnresponsiveOur Commitment
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