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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

OrangeFX

Vanuatu Vanuatu | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | Vanuatu Forex Trading License (EP) Revoked | High Potential Risk

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Website

Rating Index

Contact

+1 6498897674
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license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Vanuatu
Operating Period
5-10 years
Company Name
OrangeFX Limited
Email
support@orangefx.com
Contact Number
+16498897674
Company Website
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Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • orangefx.com
    145.239.244.106
    Server Location
    France France
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
    2012-06-03
    Website Name
    WHOIS.NAMEBRIGHT.COM
    Company
    GLAMDOMAINS LLC

Company Profile

Company Profile

Review summary

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As for regulation, it has been verified that OrangeFXs retail forex license has been revoked.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.

General Information & Regulation
General Information & Regulation

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.

Negative Reviews

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.

Deposit & Withdrawal

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.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • Vanuatu Forex Trading License (EP) Revoked
  • High Potential Risk

Wiki Q&A

Can OrangeFX be trusted by traders?

OrangeFX presents significant trust concerns for traders. The broker operates without valid regulatory oversight, as its primary license from the Vanuatu Financial Services Commission (VFSC) has been revoked. This unregulated status, combined with a very low WikiFX total score of 1.58 out of 10, indicates a high-risk profile that necessitates extensive due diligence from any potential client.

04-02
United States

Which regulator oversees OrangeFX?

OrangeFX is not currently overseen by a credible financial regulator. Its primary forex trading license from the Vanuatu Financial Services Commission (VFSC) is listed as revoked. This places the broker outside any formal regulatory framework, meaning client activities are not subject to standard investor protection rules, fund segregation requirements, or formal dispute resolution mechanisms.

04-02
United States

What is the official website of OrangeFX?

The official website for OrangeFX is not currently disclosed in publicly available records. The company, OrangeFX Limited, is officially registered in Vanuatu and has been operating in the forex industry for 5 to 10 years, but direct contact details are not readily accessible.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com