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Orbex Review 2023

Ben Johnson
Forex Broker Expert

5 / 5 – 1 Ratings

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Highlights

Brokers Name

Trading Desk

ECN

Headquarters

Year Founded

2011

Website

1:1000

Regulation

Licensed by FSC Mauritius

US Clients

🇺🇸
No

247 Support

Support Email

support@orbex.com

Telephone

+ 442035198170

Address

Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius

Languages

Accounts Details

Commission

Account Name

Starter, Premium, Ultimate

Min. Deposit

100

Base Currencies

USD, EUR

Order Execution

Market Đ•xecution

Max. Leverage

1:500

Starting Spreads

0 pips

Trade Size

0.01

Instruments

Commodities, Stock CFDs, ETFs, Forex, Indices, Metals

Demo Accounts

Swap-Free

Crypto Trading

CopyTrading

Platforms

Trading Platform

MT4, FIX API

Mobile Trading

Yes

Web Trading

Yes

Affiliate Program

Funding

Deposit Methods

Bitcoin, Credit Card, Skrill Neteller, bank transfer, Wire transfers & More

Withdrawal Methods

Bitcoin, Credit Card, Skrill Neteller, bank transfer, Wire transfers & More

Pros

Not Found

Cons

Not Found
5 / 5 – 1 Ratings

Orbex is an international brokerage company which majors in trading currencies, precious metals, commodities, CFDs, and futures. The company was established in 2011 in Cyprus. Orbex aims to consolidate its reputation as a trusted global brand that leverages the latest in financial technology to provide a seamless, secure and transparent trading experience.

Regulations

Licensed by FSC Mauritius, the Orbex brand is proud to be a multi-body regulated broker with over 10 years of industry-leading service in the financial markets. Since its inception in 2011, the Orbex brand has been adhering to the rules of some of the strictest international regulatory authorities.

The FSC license allows Orbex Global Limited to operate worldwide, provided that the country’s domestic regulations do not prohibit operation.

Orbex does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria, and North Korea.

Trading Accounts

Orbex has carefully curated our account types to meet your individual trading needs. Open an account in your choice of the available currencies: USD, EUR, GBP, PLN. Please note that PAMM Accounts are only available in USD.

orbex accounts

 Starter

  • Minimum Investment $100
  • Spreads Variable
  • Commissions $0
  • Leverage Up to 1:500
  • Minimum size 0.01 lots
  • Stop Out 20%
  • Margin Call 100%
  • Execution type NDD

Premium

  • Minimum Investment $500
  • Spreads Variable
  • Commissions $8
  • Leverage Up to 1:500
  • Minimum size 0.01 lots
  • Stop Out 20%
  • Margin Call 100%
  • Execution type NDD

Ultimate

  • Minimum Investment $2500
  • Spreads Variable
  • Commissions $5
  • Leverage Up to 1:500
  • Minimum size 0.01 lots
  • Stop Out 20%
  • Margin Call 100%
  • Execution type NDD

Swap-Free Accounts

Orbex Swap-free accounts are modified accounts in which rollover fees are waived to comply with Islamic religious beliefs.

Orbex Swap-free account holders can hold their positions for an unlimited amount of time, without incurring any swap charges.

The Muslim religion states that business transactions involving interest payments of any kind are forbidden. Therefore, clients providing sufficient proof of religion will be granted a Swap-Free Orbex Account*, where no swap or roll-over interest is charged or incurred on positions held overnight.

Swaps are rollover fees that a trader pays to a broker to keep a position open overnight. When trading CFDs, swaps can be thought of as a type of interest charge allowing traders to keep a certain contract open for longer.

Trading Platform

MT4

Trade forex, commodities, indices, futures & stock CFDs with the award-winning MT4 trading platform. MT4 comes with a range of built-in technical indicators as well as the ability to create several of your own. The platform also boasts a robust selection of online indicators created by your trading peers. Fast and efficient, MT4 is accessible to traders of a range of experience levels, providing fast execution for CFD traders across a wide range of assets. 

FIX API

Financial Information Exchange (FIX) API. The high speed technology for secure online trading

FIX API is a sophisticated technology that allows for the seamless real-time exchange of a large amount of financial information.

It has long been used by the largest institutional players in the financial markets, including large banks and stock exchanges, thanks to the reliability of the technology and the speed with which it transfers vast amounts of data.

In the context of retail investing, brokers offering FIX API technology provide a superior service that offers a direct connection between traders and tier-1 liquidity providers, meaning that trades are executed with no latency and with ultimate precision.

Security

Orbex employs advanced technologies to provide a secure online trading environment. All client data is thoroughly backed up and highly encrypted, and all client funds are kept segregated from proprietary company accounts. Orbex is also a proud member of the Investor Compensation Fund.

Professionalism

With over a decade of market-leading service and several award titles to our name, Orbex is a financial industry veteran with a renowned reputation and a strong global presence. Our team of experts is meticulously trained to keep up with market trends and provide top-tier services across the board – from technological innovation and investment research to trading conditions and customer support.

Trading Conditions

Orbex boasts competitive trading conditions, with leverage up to 1:500 and spreads as low as 0.0 pips. All live account holders benefit from access to tier-1 bank liquidity for all financial instruments as well as negative balance protection and free VPS.

Asset Classes

Orbex offers CFD trading on a wide range of FX currency pairs, including majors, crosses and exotics, as well as a large selection of international indices. Traders are also able to diversify their portfolios with a range of metals and energies, along with some of the most popular stock CFDs available on the market today.

Technology

Orbex prioritizes the constant evolution of financial technology to provide traders with the latest advancements in trading tools, security protections and trading conditions. Orbex offers FIX API technology for seamless and secure execution, as well as award-winning MetaTrader platforms with exclusive indicators and highly encrypted data protocols.

Deposits & Withdrawals

Enjoy instant account funding, transfers and withdrawals via the secure Orbex Wallet. The convenient investment tool fast-tracks your place in the KYC queue, helps manage your risk by keeping your funds segregated, and streamlines your account funding process. Orbex supports a wide range of payment options which can be found here.

Customer Service

Exceptional customer service is the corner stone of our long-time success as a financial services provider. Orbex boasts a rigorous support agent training program to ensure that all traders receive attentive, efficient and timely responses. Support is offered in multiple languages via live chat, phone or email, while a robust customer support help center takes care of a wide range of queries.

Contacts

Quatre Bornes, Mauritius

Ground Floor, The Catalyst, Silicon Avenue, 40
Cybercity, 72201 Ebène,
Republic of Mauritius

+ 442035198170

The promotion is being shared here solely for informational purposes. Please note that this should not be considered as financial advice.

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