Last updated: Jun 23, 2024 • 15 Min Read
Orbex is a Cyprus-based forex and CFD broker, founded in 2010. Headquartered in Limassol, Cyprus, Orbex has established a strong presence in the financial trading industry, known for its commitment to client satisfaction and transparency.
Orbex stands out in the competitive online brokerage landscape with its comprehensive range of trading services and a client-centric approach. Our analysis of Orbex’s offerings highlights the broker’s dedication to providing a secure and efficient trading environment for its global clientele.
Orbex operates under the regulation of the Cyprus Securities and Exchange Commission (CySEC). This regulatory oversight ensures that Orbex adheres to stringent standards, offering a high level of trust and safety for traders’ funds.
The broker offers a diverse array of trading instruments, encompassing forex pairs, indices, commodities, metals, energies, and cryptocurrencies. This extensive range enables traders to diversify their portfolios and capitalize on multiple market opportunities. Orbex provides access to advanced trading platforms including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their reliability, advanced features, and ease of use.
Orbex places significant emphasis on client education, offering a variety of resources such as webinars, tutorials, and market analysis. These educational materials are designed to enhance traders’ knowledge and skills, empowering them to navigate the financial markets effectively.
✔️ Regulated by CySEC
✔️ Comprehensive range of trading instruments
✔️ Advanced trading platforms (MT4, MT5)
✔️ Strong emphasis on client education
✔️ Multilingual customer support
❌ Limited promotional offers compared to some competitors
❌ Inactivity fee after a period of inactivity
Orbex caters to a diverse range of traders, offering competitive trading conditions, extensive educational resources, and robust customer support. Whether you are a beginner or an experienced trader, Orbex provides the tools and resources necessary to support your trading journey effectively.
Orbex distinguishes itself through several key factors:
Main Features | Details |
---|---|
☑️ Regulations | CySEC (Cyprus) |
🗺 Supported Languages | Multilingual support |
💰 Products | Forex, Indices, Commodities, Metals, Energies, Cryptocurrencies |
💵 Min Deposit | Competitive minimum deposit |
💹 Max Leverage | Up to 1:500 |
🖥 Trading Platforms | MT4, MT5 |
💳 Deposit Options | Bank Wire, Credit/Debit Cards, Skrill, Neteller, UnionPay |
💳 Withdrawal Options | Bank Wire, Credit/Debit Cards, Skrill, Neteller |
🤴 Demo Account | Yes |
🗓 Foundation Year | 2010 |
🌎 Headquarters Country | Cyprus |
Orbex prioritizes trust and safety by adhering to stringent regulatory standards and implementing robust client protection measures. The broker ensures transparency in its operations and safeguards client funds through secure banking practices and regulatory compliance.
Orbex maintains a secure trading environment under the regulatory oversight of CySEC and the FCA. Client funds are segregated from the broker’s own funds and held in reputable banks. The broker also offers negative balance protection to ensure clients do not lose more than their deposited funds.
Orbex offers a competitive commission and fee structure designed to be transparent and accessible to traders. The broker primarily operates on a spread-based model, where traders pay the difference between the bid and ask prices for each trade executed. Additionally, Orbex provides various account types with differing spreads and commissions to accommodate diverse trading strategies and preferences.
Orbex provides a comprehensive range of deposit and withdrawal options to accommodate its global clientele. Traders can fund their accounts and withdraw profits using various methods, including bank transfers, credit/debit cards, and electronic payment systems. This variety ensures flexibility and convenience, allowing traders to select the method that best suits their needs and location.
Bank Transfers: Orbex supports both local and international bank transfers, enabling traders to deposit and withdraw funds directly from their bank accounts. While bank transfers may take longer to process compared to other methods, they are a reliable option for larger transactions and international transfers.
Credit/Debit Cards: Traders can use major credit and debit cards, such as Visa and Mastercard, to fund their Orbex accounts instantly. This option is convenient for smaller deposits and provides quick access to trading funds.
Electronic Payment Systems: Orbex supports various electronic payment systems, including Skrill, Neteller, and FasaPay. These e-payment options offer instant deposits and withdrawals, making them ideal for traders who prioritize speed and efficiency.
Cryptocurrency Deposits: Additionally, Orbex accepts cryptocurrency deposits, allowing traders to fund their accounts using popular cryptocurrencies like Bitcoin and Ethereum. This option appeals to traders who prefer the security and anonymity of blockchain transactions.
Low Fees and Fast Processing: Orbex aims to provide cost-effective deposit and withdrawal solutions with minimal fees and fast processing times. However, traders should review the specific fees and processing times associated with each payment method, as they may vary depending on the chosen option and the trader’s location.
In summary, Orbex’s wide range of deposit and withdrawal options, coupled with its commitment to low fees and fast processing times, ensures a seamless and convenient experience for traders worldwide.
Orbex offers a diverse range of tradable instruments across multiple asset classes to meet the needs of traders with varying strategies and preferences. These include:
Forex (FX) Pairs: Traders can access a wide range of major, minor, and exotic currency pairs, allowing participation in the global forex market with competitive spreads and fast execution.
Commodities: Orbex provides a selection of popular commodities such as gold, silver, crude oil, natural gas, and other metals and energies. This allows traders to diversify their portfolios and hedge against inflation or geopolitical risks.
Indices: Trading is available on major stock indices from around the world, including the S&P 500, NASDAQ, FTSE 100, DAX 30, and Nikkei 225. This enables speculation on the performance of global equity markets.
Shares (Stocks): Traders can access a broad range of individual stocks from leading companies listed on major stock exchanges. This allows them to trade shares of companies they are familiar with or believe have growth potential.
Cryptocurrencies: Popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more are available for trading, providing exposure to the emerging asset class of digital currencies.
Bonds: Orbex offers trading in government and corporate bonds, allowing traders to invest in fixed-income securities and diversify their portfolios with relatively low-risk assets.
Futures: Traders can access futures contracts on various underlying assets, including commodities, indices, and currencies. This provides opportunities for speculative trading and hedging against future price movements.
Contracts for Difference (CFDs): Orbex also offers CFDs across all the aforementioned asset classes. This enables traders to speculate on price movements without owning the underlying assets.
Overall, Orbex provides a comprehensive selection of tradable instruments, catering to the diverse needs and preferences of traders across different markets and asset classes.
Bonds are fixed-income securities that represent a loan made by an investor to a borrower, typically a corporation or government. When you purchase a bond, you are essentially lending money to the issuer in exchange for periodic interest payments, known as coupon payments, and the return of the bond’s face value (principal) at maturity.
Asset Class | Tradables |
---|---|
Forex Major | EUR/USD, GBP/USD, USD/JPY |
Forex Minor | EUR/CHF, CAD/JPY, GBP/AUD |
Indices | DAX 30, Hong Kong 50, US Tech 100 |
Cryptocurrencies | Bitcoin, Litecoin, Ethereum |
Commodities | Gold, WTI Crude Oil, Silver |
Shares | Apple, Tesla, Amazon |
Orbex offers several account types tailored to different trading needs:
Opening an account with Orbex is a straightforward process:
Orbex does not accept clients from several jurisdictions, including the United States, Canada, and Japan, due to regulatory restrictions.
Orbex offers a variety of trading platforms to cater to the diverse needs of traders. These platforms provide advanced features, user-friendly interfaces, and robust tools for a comprehensive trading experience. Here are the trading platforms offered by Orbex:
MetaTrader 4 (MT4): MetaTrader 4 is one of the most popular and widely used trading platforms globally. It is known for its advanced charting tools, automated trading capabilities, and a wide range of technical indicators.
MetaTrader 5 (MT5): MetaTrader 5 is the successor to MT4, offering additional features and improved performance. It provides enhanced trading tools, more timeframes, and advanced order management capabilities.
Orbex WebTrader: Orbex WebTrader is a browser-based trading platform that allows traders to access their accounts and trade directly from any web browser without the need for downloads or installations.
Orbex Mobile App: Orbex offers a dedicated mobile trading app for both iOS and Android devices, providing traders with the flexibility to trade on the go.
cTrader: cTrader is an advanced trading platform known for its intuitive interface, fast execution, and comprehensive trading tools. It is designed for both beginner and professional traders.
Orbex’s range of trading platforms ensures that traders of all levels can find a suitable platform that meets their specific trading needs and preferences.
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Orbex WebTrader
Orbex Mobile App
cTrader
These key aspects highlight the robust features and capabilities of Orbex’s trading platforms, catering to the needs of both beginner and advanced traders.
Orbex is dedicated to providing traders with a robust set of research and educational resources to empower them at every stage of their trading journey. The platform offers a comprehensive range of tools, analysis, and educational materials designed to enrich traders’ knowledge and enhance their decision-making abilities.
Traders on Orbex have access to a wealth of research resources, including:
Orbex offers a robust suite of educational resources aimed at helping traders of all skill levels:
Is Orbex regulated?
Yes, Orbex is regulated by the Cyprus Securities and Exchange Commission (CySEC) and other regulatory bodies.
What trading platforms does Orbex offer?
Orbex offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
What is the minimum deposit required to open an account with Orbex?
The minimum deposit required is $200.
Does Orbex offer a demo account?
Yes, Orbex offers a demo account for traders to practice and familiarize themselves with the platform.
What types of accounts are available at Orbex?
Orbex offers Fixed Spread, Starter, Premium, Ultimate, and Islamic accounts.
Orbex prioritizes customer satisfaction by offering comprehensive support services to assist traders with their inquiries, technical issues, and account-related queries. The broker provides various communication channels to ensure that traders can access assistance in their preferred method.
Live Chat: Orbex offers live chat support, allowing traders to connect with customer support representatives in real-time. Accessible through the Orbex website and trading platforms, the live chat feature provides prompt responses to questions and concerns, facilitating efficient issue resolution.
Email Support: Traders can reach out to Orbex customer support via email. The broker provides dedicated email addresses for different types of inquiries, including technical support, account verification, and general inquiries. The email support team aims to respond promptly and provide detailed assistance to traders’ concerns.
Phone Support: Orbex offers phone support during business hours, enabling traders to communicate directly with support agents. The phone numbers for Orbex customer support are available on the broker’s website, allowing traders to discuss their issues or questions in detail with knowledgeable support agents.
FAQs and Knowledge Base: Orbex maintains an extensive FAQ section and knowledge base on its website, covering various topics related to trading, account management, and platform features. Traders can find answers to common questions and solutions to issues by browsing through the FAQs and articles, facilitating self-help and troubleshooting.
Orbex demonstrates a commitment to providing excellent customer support services to its clients. With multiple channels of communication, including live chat, email, and phone support, traders can access assistance conveniently. The prompt and effective customer support contribute to enhancing the overall trading experience, fostering trust and confidence in Orbex’s services.
Orbex stands out as a reliable and competitive broker in the forex and CFD trading industry. With a strong regulatory framework, competitive trading conditions, advanced platforms, and extensive educational resources, Orbex is well-suited for traders of all experience levels. Whether you are a beginner looking to start your trading journey or an experienced trader seeking advanced tools and tight spreads, Orbex offers a robust and secure trading environment.
Trading Features | Details |
---|---|
🚫 OCO Orders | No |
✅ Offers Hedging | Yes |
✅ Automated Trading | Yes |
🚫 API Trading | No |
✅ Guaranteed Stop Loss | Yes |
✅ Guaranteed Limit Orders | Yes |
✅ Guaranteed Fills / Liquidity | Yes |
✅ Economic Calendar | Yes |
✅ Trading From Chart | Yes |
✅ One-Click Trading | Yes |
✅ Expert Advisor | Yes |
✅ Social Trading | Yes |
🚫 Autochartist | No |
✅ Trading Signals | Yes |
Further Information | Details |
---|---|
🌐 Platform Languages | English, Arabic, French, German, Italian, Japanese, Polish, Portuguese, Russian, Spanish, Urdu |
🕒 24 Hours Support | Yes |
🕒 Support During Weekends | Yes |
💬 Live Chat | Yes |
📰 Daily Market Commentary | Yes |
📰 News (Top-Tier Sources) | Yes |
🚫 Webinars | No |
🚫 Deposit Fee | No |
🚫 Withdrawal Fee | No |
🚫 Inactivity Fee | No |
🚫 Publicly Traded | No |
🔢 Number Of Employees | N/A |
🚫 Restricted Countries | United States, Canada, Japan, North Korea, Iran, Belgium, Iraq, Sudan, Syria, Yemen |
💰 Crypto | Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash |
💼 Products | Forex, Commodities, Indices, Shares, Cryptocurrencies |
🎮 Demo Account | Yes |
📞 Customer Support Quality | Generally rated highly by users for responsiveness and helpfulness. |
📚 Educational Resources | Offers a range of educational materials including tutorials, articles, and webinars. |
📊 Research Tools | Provides comprehensive market analysis tools, including technical indicators and trading signals. |
📱 Mobile Trading | Offers mobile trading apps for iOS and Android with excellent performance and usability. |
🔒 Security Measures | Implements strong security protocols including SSL encryption and two-factor authentication. |
🎉 Trading Contests/Promotions | Occasionally runs trading contests and promotional offers for clients. |
🤝 Community and Social Features | Provides a social trading platform and community forums for traders to interact and share insights. |
💻 Platform Stability and Uptime | Known for stable trading platforms with minimal downtime and interruptions. |
Contact Information | Details |
---|---|
support@orbex.com | |
📞 Phone | +357 2558 8230 (Cyprus) |
+357 99 883 543 | |
📱 Viber | +357 99 883 543 |
💬 Live Chat | Available on the Orbex website |
🌐 Website | www.orbex.com |
🏢 Headquarters | 82nd Street, No 21, 2nd Floor, Office 201, Limassol, Cyprus |
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