Ikhtisar: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.
Note: ORANGEFX247's official website: https://www.orangefx247.com/ is currently inaccessible normal.
ORANGEFX247Review Summary | |
Founded | 2021 |
Registered Country/Region | United Kingdom |
Regulation | Not regulated |
Market Instruments | EUR/USD, Gold, Oil, Facebook, Google, Tesla stocks, S&P 500, Nasdaq, Bitcoin, Ethereum |
Demo Account | / |
Leverage | Up to 1:300 |
EUR/USD Spread | 0.1 pips |
Trading Platform | MT4, Webtrader |
Min Deposit | $50 |
Customer Support | Email: support@orangefx247.com |
Address: 24 Dowgate Hill London EC4R 2YAE UNITED KINGDOM |
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 | Cons |
Various trading assets | Not regulated |
Multiple account types | Lack transparency |
Flexible leverage ratios | No demo accounts |
Popular trading platform MT4 | High minimum deposit |
Limited payment options | |
Transaction fee charged | |
Inactivity fee charged |
No, ORANGEFX247 operates without regulation. Even the Spanish regulator CNMV has already issued a warning against ORANGEFX247. Traders should be more cautious.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
ORANGEFX247 offers three account types: Standard, Premium and Mega.
Account Type | Min Deposit |
Standard | €250 |
Premium | €2 500 |
Mega | €25 000 |
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.
The spread of ORANGEFX247 isfrom0.1 pips for EUR/USD.
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 | Supported | Available Devices | Suitable for |
Webtrader | ✔ | Web | / |
MT4 | ✔ | Desktop, Web and Mobile | Beginners |
MT5 | ❌ | / | Experienced traders |
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.