OrangeFX offers two different types of trading accounts for clients: Standard Account and Professional Account.
- Standard Account:
- Minimum Deposit: $10
- Maximum Leverage: Up to 1:500
- Spreads: Starting from 0.6 pips
- Minimum Position Size: 0.01 lots
- Expert Advisors: Supported
- Professional Account:
- Minimum Deposit: $10,000
- Maximum Leverage: Up to 1:100
- Spreads: Starting from 0.1 pips
- Minimum Position Size: 0.01 lots
- Expert Advisors: Supported
Both account types provide access to a variety of tradable financial instruments, including over 50 forex currency pairs, CFDs on silver, gold, and 20 indices.
OrangeFX Broker Account Opening Process
Opening an account with OrangeFX is straightforward and fully digital. Heres the step-by-step process:
- Visit the Website: Go to the OrangeFX official website.
- Choose Account Type: Select either the Standard or Professional account based on your deposit capacity and trading needs.
- Complete Registration: Fill out the online registration form with your personal details.
- Verify Identity: Submit the required identification documents for verification.
- Make Initial Deposit: Fund your account with the minimum deposit amount ($10 for Standard, $10,000 for Professional).
- Start Trading: Once your account is verified and funded, you can start trading using the MetaTrader 5 platform.
Please note that OrangeFX has a policy stating that you will not be able to withdraw your deposit for at least 45 days after making it.
Source
OrangeFX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 10 USD by (2+) --.