Orbex Review

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Broker Information
  • Company Name: Orbex
  • Founded: 2010
Broker Services
  • Regulators: CySECFSC
  • Minimum Deposit: $200
  • Leverage: up to 1:500
  • US Clients: No
  • EURUSD Spread: From 0.0 pips
Platform Info
  • Platform: MT4 Client Desktop, MT4 Multi Terminal, Android Trader, MT4 iPhone & iPad Trader

Forextraders.com does not recommend Orbex. To see our recommended brokers click here.

Orbex is a fully licensed and regulated Forex broker, operating since 2010. The company includes Orbex Limited, regulated by CySec and Orbex Global Ltd. regulated by the Mauritius Financial Services Commission (FSC). Orbex is crowned Best Forex Broker 2020, MENA & Europe by Global Banking & Finance Review. Under a decade, Orbex has received 15 international awards some in the category Best Educational and Analysis provider category.

Orbex offers its traders a wide range of instruments and competitive trading conditions on MetaTrader 4, such as: Currencies with spread as low as Zero, Stock indices, Energies, Precious metals, and Stock CFDs. Online access options include smartphones, tablets, and computers. There are three basic account categories. Islamic and free Demo Accounts are also available from Orbex.

In addition to a heavy dose of regulatory compliance to calm your nerves, Orbex also employs account segregation techniques to protect your funds from any external seizure. Orbex Ltd. also participates in the domestic Investor Compensation Fund. The firm has gone to great lengths to make your trading experience an enjoyable one with professional staff, the latest technology, and customer service unequalled in the industry. Per their website, “At Orbex, the client is at the heart of everything we do and everything we do is designed to guarantee your satisfaction.”

Orbex Website


Features at Orbex

Why trade with Orbex.com? The firm lists these reasons:

  • The brokerage has had over 10 years of direct experience and garnered many prestigious awards for its excellence in service and execution;
  • Regulatory compliance for Orbex ltd. flows both through the Cyprus Securities and Exchange Commission (CySec) and the European Union Markets in Financial Instruments Directive (MiFID), including the independent in-country regulatory bodies;
  • Client deposits on Orbex ltd. are secured through pro-active segregation of funds from company operating capital in other substantial banks. Further protection is accorded by participation in the Cyprus Investor Compensation Fund;
  • Relationships with major Tier-1 banks ensures access to deep liquidity, speed of execution, and security of fund deposits;
  • Orbex has elected to use the highly popular family of Metatrader4 products and trading platforms, allowing access from any online device, anytime and anywhere, with real-time streaming quotes and charts;
  • Orbex offers its traders a wide range of instruments and competitive trading conditions on MetaTrader 4, such as: Currencies with spread as low as Zero, Stock indices, Energies, Precious metals, and Stock CFDs.
  • Initial account deposits can be as low as $500 and leverage as high as 500:1;
  • 3 account types allow for increasing benefits, depending on the size of your account: Starter (from $200), Premium (from $5,000), and Ultimate ($25,000) with spreads as low as 0.0 pips on majors;
  • Extensive partnering and affiliate relationships and benefits are also offered;
  • Professional customer service representatives have won many awards for their excellence and are accessible via email, telephone, live chat, or by requesting a call back from a team member;
  • All trading sessions, as well as your personal information, is secured, based on the firm’s use of the latest in security and encryption technology.

Orbex account types

Platforms

The management of Orbex has made a wise choice to deploy the popular Metatrader4 product line, which includes MetaTrader 4, MT4 multi-terminal, Android Trader, MT4 iphone & ipad trader and MT4 Mac OS Trader. If you can get online, you can trade with Orbex at any time of day. All accounts support professional scalping strategies with quick execution and for low transaction fees.


Deposits and Withdrawals

Orbex supports the standard deposit methods, i.e., bank wire transfers, credit cards, and local payment providers, to make your process of moving money easy and reliable. All withdrawal requests are processed quickly, but all clients are advised to have all internationally mandated identity information on file before a request is submitted. These rules apply to all forex brokers across the globe.


Customer Support

The Customer Service Department at Orbex has received many awards, based on their excellence and one-hour response time commitment. The team can speak in more than 15 languages including English, Arabic, Bengali, Spanish, German, Russian, Chinese, Bulgarian, Urdu and Greek, and it can be accessed via live chat, phone, or email. The firm also offers a broad array of online educational and training materials, all supplemented with ample and current market research.


Orbex – Conclusion

The team at Orbex offers everything a trader needs – professional support, an intuitive website, easy access, excellent pricing and execution, and a variety of account classifications to serve both retail and institutional traders. The company is very client focused, as stated by their Managing Director, Mr. Abdullah Abbas: “Service to our clients is the foundation of Orbex, and we are thrilled to offer a variety of resources to make trading easier for our clients. We value every trader and company we work with.” Orbex is a firm that is willing to stake its personal reputation on your satisfaction.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.


Forextraders.com does not recommend Orbex. To see our recommended brokers click here.


Chris Lee
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