customer service

Some of its many features include the one-click trading panel, trailing stop, and automation tools. This version of the platform has all of the features, including automated trading. It is my go to platform for when I need to conduct in-depth chart analysis and to run my automated trading systems.

Orbex to build Scottish launch site – SpaceNews

Orbex to build Scottish launch site.

Posted: Tue, 01 Nov 2022 07:00:00 GMT [source]

Orbex’s high non-trading costs and looser overseas regulations prevented the broker from earning higher marks in the first two categories. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. WikiFX Internet and its mobile products are an enterprise information searching tool for global users.

Top 3 Forex Brokers 2020

This comes with all the features to ensure that you’re more than prepared before you start trading on a live account. This award-winning trading platform has captured the hearts of both beginner and professional traders. It has a user-friendly interface that enables traders to navigate their way around the client quickly. It also features a 24/7 built-in live chat service that supports more than 30 languages.

We do not provide financial advice, offer or make solicitation of any investments. They may lack features, but they still provide one of the best services you can get from the typical forex trading broker. Premium account holders will be charged an $8 commission fee per round turn lot with spreads starting from 0.00 pip. With this account, you will get exclusive monthly webinars and live trade, free premium signals, free VPS, access to their advanced educational materials, and one-on-one trading sessions with a professional. Trading with a regulated broker will limit the potential for fraud and malpractice.

Orbex’s Swap Rates

Orbex offers over 35 currency pairs, metals, equities, indices, energies, commodities, and futures for your personal investment and trading options. Orbex is very trusted broker, they have many types of accounts that offer you the flexibility of spread and fees, they also provide traders with educational material both in Arabic and English. There are four trading accounts offered by Orbex to suit the needs of every trader. You can choose between floating and fixed spreads, as well as accounts with a spread of 0 pips and a commission of $ 5 per lot. Risk Warning – Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. You should consider whether you can afford to take the risk of losing your money.

Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Orbex Global was registered in 2011 and has opened offices in Kuwait and Jordan. In terms of clarity, we found the broker to have a very high general transparency.

What is the maximum leverage in Orbex?

The possible choice of a leverage rate ranges from 1:1 up to 1:500 depending on the type of the CFD, the amount of trading volume active in the account and at the Company's discretion. At the opening of the Client Account, the leverage rate is set at 1:30 by default.

I finally got my orbex review back with the help of a recovery chargeback service done by (). His reliable chargeback service company, you can contact him if you need, He can help you get your life back like he did for me, I guess someone might need this information. Orbexis anonline forex siteusingMetaQuotessoftware It is owned by Orbex Limited.


Traders can tune in to Orbex Web TV, for all market news, analyses, and fundamental and technical reports and updates. One of the first things a potential trader needs to establish is whether a broker like Orbex is safe to trade with. One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market.

Orbex raises another $46.4M ahead of first Prime rocket launch in … – 3D Printing Industry

Orbex raises another $46.4M ahead of first Prime rocket launch in ….

Posted: Thu, 03 Nov 2022 07:00:00 GMT [source]

In addition, Orbex offers a dedicated account for automatic trading copying FXStat Tradebook trades with a commission of only $ 10. Broker Orbex is a fully licensed and regulated Cypriot investment company controlled by CySEC and authorized to carry out international trade throughout Europe. It always makes sense to go with a broker that has received prestigious industry awards. started operations in 2010, but has it has already been recognized several times for its service excellence and educational program.

$10 No Deposit Bonus – Open a Live STP account, $10 Bonus is automatically added to your account – FXOpen

In addition, there is a choice between the flexible or floating spreads, OTC or ECN connection, as well as strategies to choose from. The beginning traders can benefit from free educational tools, while the professionals are supported by dedicated tailored services. While the only gap for now is operations solely via International entities so some protection might be not available, also some countries like from EU might not be able to open account.


Orbex scored very high in the Account Types category because of its diversity, catering to the needs of different types of traders. There are three main account types suitable for most retail traders, in addition to Islamic and PAMM accounts. Opening a new account is fast and easy, and the minimum deposit requirement is quite low. The competitiveness of Orbex’s fees depends mainly on personal preference. Traders who execute positions on FX pairs, shares, and some commodities will enjoy lower spreads on average compared to traders who prefer indices.

Platform Info

Orbex has many of the important trading calculators on their website. They include the pip and margin calculator, risk calculator, pivot point calculator, and currency converter. These calculators can be handy if you need to plan your trades in a rush or if you are just not very good at maths. Orbex still permits you to add funds even if you have a negative balance on your account. As long as you have no open trades, Orbex will zero out your account before they add the amount you deposited.

  • Their Cypriot Investor Compensation Fund exists to protect their clients with a fund of € 20,000 in case something happens to the company.
  • We encourage using any resources to help our clients perform better, as long as they are legitimate, except when their trading behavior is deemed arbitrary and abusive.
  • All information on is only published for general information purposes.
  • The first one has the lowest minimum deposit requirement – $100 – making it the most accessible of the three.

After that, create a password for your MyOrbex are and upload the necessary documents. Lastly, you’ll need to log in using the trading account login details that Orbex will send you, and you can start trading. They have guides, articles, and webinars that cater to both beginners and well-seasoned, traders. This version of the MetaTrader 4 platform can fit in your pocket, and you can take it everywhere and anywhere you go.

Also, Orbex Strategies is an algorithmic trading system bringing vast powerful robotic systems and does not require any programming skills to build EAs. Together with that, you may submit for a Free VPS service that offers to host advantage to run EA 24/5 on increased execution speeds. So if you adhere to professional trading, of course, the desktop platform is your choice. Here you will find all that MT4 is famous and good for, great charts, various order types, advanced analytic tools, and available robots that can perform auto trading.

Cost and Fees, Commissions, and Spreads

Traders who also avoid placing orders on instruments from asset classes liable for commissions will pay even lower trading costs. The spreads and swaps on a Starter account are moderate to high compared to the broader industry, while most instruments are subject to commission-free trading. And while Orbex does not charge anything for deposits and withdrawals, its inactivity fee for dormant accounts exceeds the industry average. The starter account offers variable spread, minimum spreads reaching 1.7 pips. In terms of commissions, the starter accounts charges no additional commissions, while the premium and ultimate account requires a commission of $8 and $5 respectively. Also, you can trade energies and precious metals with NDD connectivity.

trading account

Here, we focused on how long the broker has been in business, the size of the company, and how transparent they are in terms of information being readily available. While we adhere to strict editorial integrity, this page may refer to our partners’ products. You should carefully consider your financial situation and consult your financial advisors as to the suitability to your situation prior to making any investment or entering any transactions. Orbex’s website does not consider the special investment goals, financial situation, or specific requirements of individual users.

A forex account is a trading account held by a trader with a company like Orbex that is primarily issued with the purpose of trading currencies. Orbex specializes in CFD online trading on currencies, commodities, futures, and indices that are provided with deep liquidity from Tier-1 banks through reliable and fast execution. First of all I would like to highlight that although I’m an EU citizen my trading account was opened in Mauritius. First of all I would like to highlight that although I’m an EU citizen my trading account was opened in Mauritius. Orbex – a global multi-regulated financial services broker- has made an important announcement regarding its participation at the upcoming Fintech & Crypto Summit in Bahrain as a Diamond sponsor.

  • Depending on your geo region certain withdrawal methods may be more convenient to you.
  • Yes, Obex offers a good trading environment for all types of traders, from beginners to advanced.
  • Chiefly, scaling the price action up or down is not as straightforward as on other platforms.
  • Yet, again be sure to verify account conditions with customer support as regulations in particular jurisdictions apply.
  • We did not award Orbex a perfect score in this category because of the lack of a proper news section.

Past performance is no indication or guarantee of future performance. is an affiliate partner with various brokers and may be compensated for referred Traders. All reviews remain unbiased and objective and immediate action will be taken against any broker which is found to be in breach of regulation.

What is Orbex trading?

Orbex is a multi-body regulated, industry-leading Forex broker that prides itself on serving traders responsibly.

The Mauritius-registered company, Orbex Global Limited, serves clients from all over the world, provided that the domestic regulations of a client’s resident country do not prohibit operation. However, Orbex states that they do not offer services to residents of certain jurisdictions, such as the US, Cuba, Sudan, Syria, Mauritius, and North Korea. If you find they cannot accept traders from your country for whatever reason, please feel free to browse our broker reviews for an alternative option. Details about the stocks offered on OrbexMore than 60 of the most traded US and EU stocks will be found. You will find familiar names like Apple, Boeing, Chevron, General Motors, Pfizer, and Twitter on Orbex’s trading platforms. As CFDs, these products are affected by swap fees and corporate actions.

Orbex unveils reusable Prime rocket for small satellite launches from … –

Orbex unveils reusable Prime rocket for small satellite launches from ….

Posted: Wed, 11 May 2022 07:00:00 GMT [source]

If you open a Premium or an Ultimate account you will pay small commission fees, although spreads start from 0 pips. Overall, each account type at Orbex offers a good trading experience and suits a different type of trader. For this account, the minimum deposit is very high at $25,000, but it does have the best trading conditions overall. The spread is variable and starts from just 0.0 pips, and it has a low $5 commission free per standard lot round turn. This account would reduce trading costs significantly if you can afford it. It also comes with all of the bells and whistles that the broker has to offer, including one on one training sessions.

Is Orbex trading legit?

Based on our expert research, Orbex is a reputable CFD broker providing excellent trading conditions with sophisticated tools. We also marked among the broker's offerings a great choice of MT4 leading-edge trading platform with the fast online account opening and free demo account.