www.orangefx247.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.orangefx247.com.
www.orangefx247.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Educational resources|Quick verification|Fast deposits|Multi-device support
Cons: Wait times can be long during peak hours|Desktop app not available on Linux
www.orangefx247.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Clear documentation|Copy trading available
Cons: Would like more payment methods|Account statements could be more detailed
I had a dispute with www.orangefx247.com and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Economic calendar|Copy trading available
Cons: Charting tools need more indicators|Limited ETF selection
After spending for just over a year trying to make www.orangefx247.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Portfolio tracking tools|Demo account available|Economic calendar|Regular platform improvements
Cons: None so far
www.orangefx247.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Regular updates|Transparent fees|Helpful community forum|Educational resources
Cons: No integrated tax optimization|Cannot customize dashboard fully