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OrangeFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://orangefx.com/real_account, about the company's legal and temporary regulatory information, the company's address .

OrangeFX Forex Broker

No Regulation
OrangeFX

Rating Index

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Company profile

Note: For some unknown reason, we cannot open OrangeFXs official site (https://orangefx.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue. General Information & Regulation OrangeFX, a trading name of OrangeFX Limited, is allegedly a forex and CFD broker registered in Vanuatu that claims to provide its clients with a variety of tradable financial instruments with flexible leverage up to 1:500 and variable spreads from 0.1 pips on the leading MetaTrader5 trading platform, as well as a choice of two different live account types. As for regulation, it has been verified that OrangeFXs retail forex license has been revoked. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.90/10. Please be aware of the risk. Negative Reviews A trader shared his terrible trading experience in the OrangeFX platform at WikiFX. He said this platform scammed him. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams. Market Instruments OrangeFX advertises that it offers access to over 50 forex currency pairs, as well as CFDs on silver, gold and 20 indices. Account Types Apart from demo accounts, OrangeFX claims to offer two types of trading accounts, namely Standard and Professional. The minimum initial deposit amount to open a Standard account is only $10, while the other account type has a much higher minimum initial capital requirement of $10,000. Leverage Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Standard account can enjoy the maximum leverage of 1:500, while the Professional account holders can experience leverage of 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads OrangeFX claims that different account types can enjoy quite different spreads. Specifically, the spread on the Standard account starts from 0.6 pips, while the Professional account holders can enjoy tighter spreads from 0.1 pips. Trading Platform Available The platform available for trading at OrangeFX is the worlds most widely-used MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5. Deposit & Withdrawal Unluckily, we didnt find any information about the acceptable deposit and withdrawal methods. The minimum initial deposit requirement at OrangeFX is said to be only $10. One of the amazing agreements is that the broker wants you to agree that you will not be able to withdraw your deposit for at least 45 days. Customer Support OrangeFXs customer support can be reached by telephone: +6498897674, email: support@orangefx.com, support.cn@orangefx.com. Company address: Suite T19, 1st Floor, Tana Russet Plaza, Kumul Highway, Port Vila, Efate, Vanuatu. Risk Warning Online trading involves a significant level of 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.
How to login to OrangeFX?

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Basic Information

Registered Region
Vanuatu
Operating Period
--
Company Name
OrangeFX Limited
Abbreviation
OrangeFX
Company employee
--
Customer Service Email Address
support@orangefx.com
Contact Number
+16498897674
Company Website
--
How to login to OrangeFX?
orangefx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a orangefx Account Registering for an orangefx account is the first step to accessing the platform's trading features. Follow these steps for a smooth registration process: Accessing the Registration Page Begin by navigating to the official orangefx website. Look for a prominent button or link labeled "Register" or "Sign Up." This will direct you to the registration form. Filling in Required Information Complete the registration form by entering your personal information, which typically includes: Full name Email address Phone number Desired password (ensure it is strong and secure) Make sure to read and agree to the terms of service and privacy policy before proceeding. Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Follow the instructions provided to verify your email address or phone number. This step is crucial for account security. Identity Verification (if required) Depending on your location and the regulations in place, you may need to provide additional identification documents, such as a government-issued ID or proof of address. Be prepared to upload these documents if prompted. Registration Confirmation Once all steps are completed, you should receive a confirmation message indicating that your registration was successful. You can now proceed to the account opening process. Common Registration Issues and Solutions Email Verification Not Received: Check your spam/junk folder. If the email is still missing, request a new verification email from the registration page. Invalid Information Error: Ensure all entered information is accurate and matches your identification documents. Regional Restrictions: Some regions may have specific requirements. If you encounter issues, consult orangefx's customer support for guidance. Regional Differences in Registration While the registration process is generally standardized, specific requirements may vary based on your country of residence. Users from certain regions may face additional identity verification steps due to local regulations. Part Two: orangefx Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening Registration is the initial step where you create your account on the platform. In contrast, account opening involves selecting an account type and providing necessary documentation to start trading. Preparation Work Before Account Opening Before opening your account, ensure you have: A valid email address Personal identification documents (e.g., passport, utility bill) A secure internet connection for document uploads Detailed Account Opening Steps Selecting Account Type After registration, log in to your orangefx account. Navigate to the account types section and choose between the Standard or Professional account. Note the minimum deposit and leverage options for each. Submitting Required Documents Prepare to upload necessary documents, including your ID and proof of address. Ensure that the documents are clear and legible to avoid delays in processing. Account Review Process Once your documents are submitted, orangefx will review them. This process typically takes a few hours to a couple of days. You will receive an email notification once your account is approved. Account Activation Upon approval, your account will be activated. You may need to make an initial deposit to start trading. The minimum deposit for a Standard account is usually around $10. Initial Setup After activation, log in to your account to set up your trading platform preferences, such as configuring your MetaTrader 5 settings. Frequently Asked Questions About Account Opening How long does the account opening process take? The entire process can take anywhere from a few hours to several days, depending on document verification times. What documents are needed? Typically, a government-issued ID and proof of address are required. Next Steps After Opening an Account Once your account is active, familiarize yourself with the trading platform. Consider starting with a demo account to practice trading strategies without financial risk. Part Three: orangefx Login Process Explained Basic Web Login Process Heres how to log in to your orangefx account: Visit the orangefx Website Go to the official orangefx homepage. Locate the Login Button Click on the "Login" button, usually found at the top right corner of the page. Enter Your Credentials Input your registered email address and password. Ensure that your password is entered correctly to avoid errors. Complete Any Additional Security Steps If prompted, complete any additional security verification, such as CAPTCHA. Click on "Login" After entering your credentials, click the "Login" button to access your account. Mobile App Login Process If you prefer using the mobile app, follow these steps: Download the orangefx App Install the app from the App Store or Google Play. Open the App Launch the app on your mobile device. Enter Your Credentials Similar to the web login, input your email and password. Click "Login" Tap the login button to enter your trading account. Common Login Issues and Solutions Forgotten Password: Use the "Forgot Password?" link on the login page to reset your password via email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Wait for a few minutes before trying again or contact customer support. Technical Issues: Ensure you have a stable internet connection. If problems persist, consider clearing your browser's cache or reinstalling the app. Overview of Features After Login After logging in, you will have access to your trading dashboard, where you can view your account balance, trading history, and available trading instruments. Familiarize yourself with the layout to enhance your trading experience. Additional Sections Account Security Recommendations To ensure the security of your orangefx account: Use a strong, unique password. Enable two-factor authentication (if available). Regularly monitor your account for unauthorized transactions. Best Practices for Account Management Regularly update your password and security settings. Keep your personal information up to date. Use the demo account feature to practice before trading with real money. How to Get Technical Support For technical issues, you can contact orangefx support via: Email: support@orangefx.com Phone: +6498897674 Be prepared to provide your account details for faster assistance. This comprehensive guide covers the essential steps for registering, opening an account, and logging into your orangefx account. By following these instructions, you can navigate the platform efficiently and securely.

OrangeFX Forex Broker - Comprehensive Information Guide

1. Broker Overview

OrangeFX, officially known as Orange FX Limited, was established in 2018. The company is headquartered in Vanuatu, specifically at Suite T 19, 1st Floor, Tana Russet Plaza, Kumul Highway, Port Vila, Efate. It operates as a private entity, providing a range of trading services primarily focused on retail forex and CFDs.

The broker aims to serve a diverse clientele, including individual traders interested in forex and CFD trading. Over the years, OrangeFX has positioned itself to cater to both novice traders seeking low entry barriers and more experienced traders looking for a variety of trading instruments.

OrangeFX has developed a business model centered around offering leveraged trading services, allowing clients to trade with amounts significantly exceeding their initial deposits. This model enables the broker to attract a wide range of clients, from casual traders to more serious investors.

2. Regulation and Compliance Information

OrangeFX is regulated by the Vanuatu Financial Services Commission (VFSC). However, it is important to note that the broker's retail forex license has been revoked, leading to its current status of operating without a valid regulatory license. The VFSC license number was 15052.

Due to the lack of a robust regulatory framework, clients' funds are not guaranteed, and there are no segregated accounts to protect client deposits. Furthermore, OrangeFX does not participate in any investor compensation schemes, which raises concerns about the safety of client funds.

The broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, but specific details regarding these policies are not readily available. This lack of transparency can be a red flag for potential clients considering the risks associated with trading under such circumstances.

3. Trading Products and Services

OrangeFX offers a selection of over 50 forex currency pairs, including major, minor, and some exotic pairs. Additionally, the broker provides access to CFDs on various assets, including indices, commodities, and precious metals like gold and silver. However, it does not currently offer cryptocurrency trading options.

The broker regularly updates its trading products, although specific details on the frequency of these updates or the introduction of new products were not disclosed. The primary focus remains on retail trading services, catering to individual clients rather than institutional investors.

For those seeking advanced trading solutions, OrangeFX does not appear to offer white label solutions or asset management services, limiting its appeal to a broader market.

4. Trading Platforms and Technology

OrangeFX supports the MetaTrader 5 (MT5) trading platform, which is widely recognized for its advanced trading features, including automated trading capabilities, advanced charting tools, and a variety of technical indicators. The broker does not offer its own proprietary trading platform, which may limit some traders' preferences.

In addition to the desktop version, OrangeFX provides a web-based platform for trading, which allows access from various devices without the need for downloads. The broker also supports mobile trading applications for both iOS and Android, allowing traders to manage their accounts and execute trades on the go.

The broker operates on a Market Making execution model, which may not provide the same level of transparency as an ECN or STP model. The servers used for trading are located in France and the United States, ensuring reasonable connectivity for traders in various regions.

API access for automated trading is not explicitly mentioned, which may be a limitation for algorithmic traders seeking to implement custom strategies.

5. Account Types and Trading Conditions

OrangeFX offers two main types of trading accounts:

  • Standard Account: Requires a minimum deposit of $10, with spreads starting from 0.6 pips. This account type allows for leverage of up to 1:500.

  • Professional Account: Requires a higher initial deposit of $10,000, with tighter spreads starting from 0.1 pips. This account type offers a reduced leverage of 1:100.

The broker does not provide a demo account option, which may deter novice traders from testing the platform before committing real funds. The minimum trade size is set at 0.01 lots, and overnight fees apply, although specific rates for these fees were not disclosed.

6. Fund Management

OrangeFX supports several deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account requiring only $10, while the professional account requires $10,000.

Deposit processing times are generally quick, but specific details on withdrawal methods and processing times were not provided. Clients should be aware that withdrawal requests can be subject to delays, and additional fees may apply.

The broker imposes a withdrawal fee structure that can include charges based on the method used and the amount being withdrawn. Specific fees, such as a $50 fee for wire transfers, may apply, which could significantly impact overall trading profitability.

7. Customer Support and Educational Resources

OrangeFX offers customer support through various channels, including telephone, email, and online chat. The support team is available in English and Simplified Chinese, catering to a broader audience.

While the broker provides some educational resources, such as tutorials and market analysis, the depth and quality of these materials remain unclear. Traders may find limited access to comprehensive training programs or webinars.

Market analysis services, including daily reports and news updates, are also offered, helping traders stay informed about market conditions. However, the availability of advanced trading tools, such as calculators and signal services, was not explicitly mentioned.

8. Regional Coverage and Restrictions

OrangeFX primarily serves clients in Vanuatu and other regions where it can operate without stringent regulatory oversight. The broker does not accept clients from certain countries, including those with strict financial regulations, which may limit its market reach.

Specific countries where client acceptance is restricted were not detailed in the available information, but potential traders should verify their eligibility before attempting to open an account.

In summary, while OrangeFX offers various trading products and services, potential clients should exercise caution due to its unregulated status and the associated risks. The lack of transparency regarding fees, withdrawal conditions, and regulatory compliance raises significant concerns for anyone considering trading with this broker.

Latest Reviews

FX9596803722

FX9596803722

Pakistan

Orangefx.com is operating with Vanuatu Financial Services Commission license ID 15052 for scamming clients. After creating account and making deposit, there is absolute silence. No one will respond to you. The money is gone, they didn't credit my account. Once money is sent to their platform its lost.

Exposure

2021-10-07

OrangeFX Forex Broker has an overall rating of 1.58, Regulatory Index 0.00, License Index 0.00, Business Index 7.55, Software Index 4.00 Risk Control Index 0.00.