A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 78 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| ASIC | Market Making (MM) | 443670 | Australia | — |
| FCA | Market Making (MM) | 705428 | United Kingdom | — |
| CYSEC | Market Making (MM) | 124/10 | Cyprus | — |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| VIP Account | 1:500 | $5,000 | from 0.6 | -- | ✓ |
| Standard Account | 1:500 | $1,000 | from 1.5 | -- | ✓ |
| Premium Account | 1:500 | $2,500 | from 1.2 | -- | ✓ |
| Classic Account | 1:500 | $500 | from 1.9 | -- | ✓ |
Across 2 recent Trustpilot reviews, 0% are 1–2 star.
0247fxdigitalmarket is a forex and CFD broker based in United States, with records dating to 2022-04-19. It reports oversight from ASIC, CYSEC, FCA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Overview compiled by FXCanary from regulatory records and public data. full 247fxdigitalmarket review