ORANGEFX247

ORANGEFX247 is a forex and CFD broker founded in 2021 and registered in the United Kingdom at 24 Dowgate Hill, London EC4R 2YAE. The broker provides access to a range of financial instruments including currency pairs like EUR/USD, commodities such as Gold and Oil, individual stocks (Facebook, Google, Tesla), indices (S&P 500, Nasdaq), and cryptocurrencies (Bitcoin, Ethereum). Trading is offered via the MetaTrader 4 and Webtrader platforms, with leverage up to 1:300 and spreads from 0.1 pips on certain account types.

Despite its UK registration, ORANGEFX247 is not regulated by any financial authority. This means traders do not benefit from protections such as negative balance protection, compensation schemes, or independent dispute resolution that are typically afforded by regulated brokers. The company operates under its own set of terms, and potential clients should be aware of the heightened risks associated with unregulated trading environments.

The broker offers three account tiers: Standard, Premium, and Mega. The Standard account requires a minimum deposit of €250 and offers maximum leverage of 1:200. The Premium account requires €2,500 and also provides leverage up to 1:200. The Mega account has a minimum deposit of €25,000 and leverage up to 1:300. Higher-tier accounts may offer additional features or tighter spreads, though specific details are not publicly available.

All accounts appear to support the same range of instruments and platforms. The minimum deposit across all accounts is stated to be $50, though this figure is lower than the stated minimums for Standard (€250) and suggests possible introductory offers or variations in currency. Traders should verify exact terms directly with the broker before committing funds.

ORANGEFX247 provides the MetaTrader 4 (MT4) platform, a widely used trading terminal known for its advanced charting tools, technical indicators, and algorithmic trading capabilities. A Webtrader version is also available for browser-based trading without installation. Both platforms offer access to forex, commodities, indices, stocks, and cryptocurrencies, as mentioned.

The broker promotes competitive spreads starting from 0.1 pips, though this likely applies to specific account types or instruments. Leverage is offered up to 1:300, which is considered very high by industry standards and amplifies both potential gains and losses. Traders should exercise caution when using such leverage, especially in an unregulated setting.

As of the time of this profile, ORANGEFX247 holds no regulatory licence from any recognised financial authority. The company is registered in the United Kingdom as a corporate entity, but this does not equate to authorisation by the Financial Conduct Authority (FCA). The absence of regulation means there is no external oversight of the broker's operations, client fund segregation, or financial reporting.

FXCanary has assigned a Scam Risk Score of 75/100 (Severe) to ORANGEFX247, reflecting the significant risks posed by the lack of regulation and limited publicly available information. Traders are strongly advised to exercise extreme caution and to consider well-regulated alternatives for their trading activities.