ORANGEFX247

Note: ORANGEFX247's official website: https://www.orangefx247.com/ is currently inaccessible normal.

Founded in 2021, ORANGEFX247 offers many trading assets, like EUR/USD, Gold, Oil, Facebook, Google, Tesla stocks, S&P 500, Nasdaq, Bitcoin, and Ethereum with leverage up to 1:300 and from 0.1 pips via the MT4 and Webtrader platform. The minimum deposit requirement to open an account is just $50. However, it is not regulated.

Pros and Cons

Is ORANGEFX247 Legit?

No, ORANGEFX247 operates without regulation. Even the Spanish regulator CNMV has already issued a warning against ORANGEFX247. Traders should be more cautious.

What Can I Trade on ORANGEFX247?

Account Type

ORANGEFX247 offers three account types: Standard, Premium and Mega.

Leverage

ORANGEFX247's leverage is 1:100 by default and can be increased to 1:300 for deposits in excess of $25000. The higher the leverage, the higher profits or losses.

Spread

The spread of ORANGEFX247 isfrom0.1 pips for EUR/USD.

Other Fees

ORANGEFX247 also has an inactivity fee: an account can be dormant after 6 months of inactivity and will charge a deduction of 10% per month.

Trading Platform

Deposit and Withdrawal

OrangeFX247 accepts deposits via credit cards, wire transfers and OKPay, and the minimum deposit is $250. Besides, the minimum withdrawal is $35.

If traders withdraw by Wire Transfers, the minimum withdrawal is $250, and every transaction costs $50. If trade with other methods, the minimum withdrawal is $100, and each transaction costs $25+$10.

Besides, there is an additional 10% of your withdrawal if you have not achieved a ridiculous turnover of 200 times.