About its history and mission
Founded in Cyprus in 2011, Orbex is a global presence in forex and CFD brokerage. Its areas of expertise encompass client education, trade platforms advanced at the beginner level, and its competitive trading conditions. Trading items at Orbex cover forex, commodities, all major and minor indices, and cryptocurrencies, enabling traders of any skill level to find something to trade.
- Founded
- 2011
- Headquarters
- Mauritius
- Address
- Ground Floor, The Catalyst, Silicon Avenue, 40, Cybercity, 72201 Ebène, Republic of Mauritius State of Kuwait, Al-Tejaria Tower, Office 231, Floor 23 Al-Soor Street, Sharq, Kuwait Amman – Jordan, Second Floor, Housing Bank Complex, Queen Noor Str. Amman Jordan
- Website
- https://www.orbex.com/
Strengths and Weaknesses
Strengths
- Orbex has many comprehensive research and educational materials
- Average Execution speed is 0.03 seconds
- Scalping and hedging are permitted
- Several account types are offered
- Orbex has an award-winning track record
Weaknesses
- Orbex does not offer its services to residents of certain jurisdictions such as the USA, Iran, North Korea, Indonesia, Mauritius, and Romania
- The inactivity fees are somewhat high
Safety and Regulations
Orbex is regulated by the Cyprus Securities and Exchange Commission (CySEC); therefore, client funds are in compliance with international financial standards. They also maintain separate accounts with leading commercial banks for placing client funds, which adds another layer of protection. This top broker provides negative balance protection in the event of dramatic price volatility on the financial markets.
Regulators
- FSC
- FSA
Instruments Available
Types of Accounts
Starter
- Minimum deposit
- $0
- Commission
- 1.5
- Available tools
- 0
- Leverage
- 1:1 to 1:500
- Margin call level
- 100
- Stop-out level
- 20
Premium
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:500
- Margin call level
- 100
- Stop-out level
- 20
Ultimate
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:500
- Margin call level
- 100
- Stop-out level
- 20
Fees and Charges
Orbex bears transparency in its fee structure:
- Commission-free
- Trading Charge: Starts at zero pip spread for IS or Ultimate, with a $5 commission charge per lot. The fixed and starter account has commission-free trade, with slightly bigger spreads.
Trading Platforms
Customer Support
- Phone
- Republic of Mauritius: 442035198170 Kuwait: 965 22968151/ 965 22968153 Queen Noor Str. Amman Jordan: 962 6 5622268
- Hours
- 24/5 - phone, email, live chat
Deposits and Withdrawals
Methods
- Processing time
- Deposits have a substantial speed to nearly instant for most payment methods. For withdrawal, on the other hand, it is not so fast and generally takes 1-3 business days.
- Fees
- No charges are incurred for deposit processing. But withdrawal and refilling fees accompany some payment types.
FAQ
Is Orbex a regulated broker?
Which trading platforms are available?
What is the minimum required deposit for setting up an account?
What is the highest leverage offered?
Does Orbex charge any fees for deposits or withdrawals?
Is there customer support available?
Users reviews
Assem Mansour
Feb 9, 2025
Orbex is a highly reliable brokerage firm, offering a variety of account options that give you the flexibility to choose spreads and fees that suit your needs. They support traders by providing educational resources available in both Arabic and English, which is a great help. Depositing and withdrawing funds is hassle-free and happens instantly, which is very convenient. The platform's dashboard is equipped with numerous tools, including Trading Central and a wallet feature, and they even allow deposits via USDT, which is fantastic!
Manuel Johnsson
Feb 8, 2025
Upon signing up, I promptly received a call from their team, encouraging me to invest $200 initially. I began to see some returns, which was exciting, but soon they suggested increasing my investment.
Pritpal Singh
Feb 5, 2025
The spreads offered were disappointing. I attempted to initiate a trade today, but it was unsuccessful, even when I reduced the trade size. Unfortunately, there was no support from the company’s help desk, and their response time was extremely poor. Overall, the customer service experience was far from satisfactory.
Showing 1–3 of 10 reviews