ORBEX FOREX Broker Review

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ORBEX REVIEW SUMMARY

■ Foundation: ORBEX was founded in 2010

■ Headquarters: ORBEX maintains its headquarters in Cyprus and second offices in Kuwait

■ US Residents: ORBEX does not accept US traders –No-

■ Islamic Accounts: ORBEX provides Islamic Accounts (SWAP-Free) –Yes-

■ Regulated: ORBEX is regulated by CySEC (124/10) and registered with FCA UK (553071), BaFIN, Banque de France (73762), CNMV Spain (2894), and CONSOB (3148)

■ Account Segregation: Accounts are segregated, plus Orbex participates in the domestic Investor Compensation Fund -Yes-

■ Web-Site Languages: ORBEX website supports English, German, Chinese, Japanese, Persian, Polish, Russian, and Spanish

■ Customer Support: English, Arabic, Spanish, Greek, Bengali, Chinese, German, Indonesian, Russian, and Urdu

ORBEX TRADING INFO SUMMARY

■ Broker Type: Orbex is an STP/ECN Forex Broker

■ Platforms: MetaTrader4 for Windows and MAC, Mobile Traders, and MT4 Multi-Terminal

■ Trading Time Zone: GMT+2

■ Demo Account: ORBEX is offering a Demo Account –Yes-

■ Typical Fixed Spread EUR/USD: 0.9-1.5 pip fixed

or Variable spread starting at 0.6 pips plus trading commissions $6-10/lot

■ Leverage: Leverage at ORBEX is up to 1:30

■ Scalping /Hedging: allowed at ORBEX –Yes-

■ Bonus Policy: ORBEX does not offer a welcome bonus at the moment -No-

■ Minimum Account: $500

🔗 Website: » ORBEX Live Accounts | » Orbex Demo Accounts

💱 ORBEX ASSET INDEX

□ Orbex offers a wide range of forex pairs, stocks, indices, energies, precious metals, commodities, and forex futures.

Click the slider below to view the forex assets and their specifications.

TRADING PLATFORM & MOBILE

NEW ACCOUNT INFORMATION

■ The minimum initial deposit required for opening an account is 500 USD.

■ Account Currencies: EUR, USD

ORBEX FUNDING METHODS

CONTACT INFORMATION

 

🏁 ORBEX Review Conclusions

Orbex is an STP/ECN forex broker that began operations in 2010 (formerly AFBfx). The broker is headquartered in Cyprus, with additional offices in Kuwait. It is regulated by CySEC and MiFID, registered with several other authorities, and is a member of the local Compensation Investor Fund (CIF). Client funds are fully segregated from the company’s funds through Tier-1 banks. Overall, Orbex provides a high level of fund safety.

Orbex offers a wide range of asset classes, including forex, precious metals, energies, OTC futures contracts, equity OTC indices, and CFDs. Forex assets are detailed in the slider/table above. All platforms are based on MetaTrader 4, available for Windows and Mac, as well as a multilingual MT4 MultiTerminal. Mobile versions are available for iOS, Android, and Windows tablets and smartphones. The minimum account deposit is $500, with funding via cards, bank wire, Skrill, WebMoney, FasaPay, or CashU. Account currencies include USD and EUR. There are no deposit or withdrawal fees. While Orbex does not offer a welcome bonus, it provides free education, webinars, daily market analysis, and detailed forex trading signals.

For forex trading, the best terms are offered through the two ECN account types:

1. ECN Standard – minimum $500 deposit

2. ECN Advanced – minimum $25,000 deposit

EUR/USD spreads start as low as 0.6 pips. Commissions are $10 per lot for ECN Standard and $6 per lot for ECN Advanced. Both ECN accounts offer high-speed execution and a free VPS hosting service. With tight spreads, scalping allowed, and the free VPS, Orbex is well-suited for day traders and scalpers.

Another advantage is multilingual 24/7 customer support via email, phone callback, and live chat. Support is available in over ten languages, including English, Arabic, Spanish, Greek, German, Bengali, Russian, Chinese, Bulgarian, and Urdu.

• Overall, Orbex is a solid choice for beginner and intermediate traders, but it may not be the best option for advanced or professional forex traders.

 

⚖️ ORBEX REVIEW PROS & CONS (According to competition)

ORBEX REVIEW CONCLUSIONS
ORBEX PROS	ORBEX CONS
√ Regulated by CySEC and registered with many other European bodies √ Segregated Client Accounts and participation in the domestic Investor Compensation Fund √ Multilingual customer support via Callback, Email, and Live Chat √ Wide asset index, including Forex Futures √ Automated Trading plus a free VPS server for Forex robots √ A free education and Forex webinars √ Daily analysis and free trading signals	X Minimum Deposit $500 x Not an ideal broker for advanced and professional Forex traders

🔗 Website: » ORBEX Live Accounts | » Orbex Demo Accounts

 

■ ORBEX.com Review

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