FX-EXCHANGE247

WikiFX | 2023-01-03 18:11

Abstract：FX-EXCHANGE247 is allegedly a forex broker registered in the United States via three different investment plans.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature	Detail
Regulation	No regulation
Market Instrument	Forex, cryptocurrencies
Account Type	Silver, Gold and Premium
Demo Account	N/A
Maximum Leverage	N/A
Spread	N/A
Commission	N/A
Trading Platform	N/A
Minimum Deposit	$500
Deposit & Withdrawal Method	N/A

FX-EXCHANGE247 is allegedly a forex broker registered in the United States via three different investment plans. Here is the home page of this brokers official site:

As for regulation, it has been verified that FX-EXCHANGE247 currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.02/10. Please be aware of the risk.

Market Instruments

FX-EXCHANGE247 advertises that it is a forex broker that mainly offers forex and cryptocurrency trading.

Investment Plans

FX-EXCHANGE247 claims to offer three types of investment plans, namely Silver, Gold and Premium, with minimum initial deposit requirements of $500, $5,000 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Deposit & Withdrawal

The minimum initial deposit requirement at FX-EXCHANGE247 is $500. However, the broker says nothing about the deposit and withdrawal methods.

Customer Support

FX-EXCHANGE247‘s customer support can be reached by email: support@fx-exchange247.com. Company address: 3238 Doctors Drive, Los Angeles, California, 90017 USA. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Pros	Cons
N/A	• No regulation
	• Lack of transparency
	• High minimum deposit ($500)

Frequently Asked Questions (FAQs)

Q 1:	Is FX-EXCHANGE24 regulated？
A 1:	No. It has been verified that FX-EXCHANGE24 currently has no valid regulation.

Q 2:	What is the minimum deposit for FX-EXCHANGE24？
A 2:	The minimum initial deposit at FX-EXCHANGE24 to open the most basic account is $500.

Q 3:	Is FX-EXCHANGE24 a good broker for beginners？
A 3:	No. FX-EXCHANGE24 is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency and high initial deposit.

Broker Currency Pair Dealer Forex trading Forex Broker Forex Currency pair forex market Cryptocurrency Ethereum Bitcoin

Related broker

No Regulation

FX-EXCHANGE247

Company name：FX-EXCHANGE247

Score

1.42

Website：https://fx-exchange247.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.42

SogoTrade Fined $75K Amid Compliance Failures

FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.

Original 2025-12-31 15:33

Zeven Global Review: WikiFX Risk Warning and Key Investor Considerations

A WikiFX review of Zeven Global reveals the absence of regulatory licensing, a low safety rating, and potential risks to investor protection.

Original 2025-12-31 14:42

Celebrate the New Year and Usher in a Safer 2026 for All Traders!

As the new year begins, WikiFX extends our sincere gratitude to traders worldwide, our industry partners, and all users who have consistently supported us.

Original 2025-12-31 10:47

Become a Broker Reviewer: Your Experience is Worth Its Weight in Gold

Dear Forex Traders, When choosing a forex broker, have you ever faced these dilemmas? Dozens of broker advertisements, but unsure which one is truly reliable? Online reviews are either promotional content or outdated/incomplete? Want to learn about real users’ deposit/withdrawal experiences but can’t find firsthand accounts? Now, your experience can help thousands of traders and earn you generous rewards! The campaign is long-term and you can join anytime.

Original 2025-12-30 14:05