Abstract: ORBEX is a regulated broker, offering trading on forex, precious metals, energies, indices, and market holidays with leverage up to 1:500 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $100.
ORBEX Review Summary | |
Founded | / |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | Forex, precious metals, energies, indices |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 1.5 pips (Starter account) |
Trading Platform | MT4 |
Minimum Deposit | $100 |
Customer Support | 24/5 support, live chat, contact form |
Tel: +357 25588855; +357 25588853 | |
Email:support@orbex.com.cy | |
Address: 82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus | |
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ORBEX is a regulated broker, offering trading on forex, precious metals, energies, indices, and market holidays with leverage up to 1:500 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $100.
Pros | Cons |
Regulated by CYSEC | Trading fees applied |
Demo accounts | |
Various trading products | |
MT4 platform | |
No deposit and withdrawal fees | |
Live chat support | |
Popular payment options |
Yes. ORBEX is licensed by Cyprus Securities and Exchange Commission (CYSEC) with license number 124/10 to offer services and provides negative balance protection.
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
Cyprus | CYSEC | Regulated | ORBEX Ltd | Market Maker (MM) | 124/10 |
ORBEX offers trading on forex, precious metals, energies, and indices.
ORBEX Clients can execute trades 24 hours a day from 00:05 on Monday until 23:30 on Friday (Cyprus Time), except for some instruments which halt at different times, such as a break.
Tradable Instruments | Supported |
Forex | ✔ |
Precious Metals | ✔ |
Energies | ✔ |
Cash Indices | ✔ |
Futures Indices | ✔ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
ORBEX offers demo accounts and Islamic (Swap Free) accounts. And here are four account types ORBEX offers: Starter account, Premium account, and Ultimate account.
Account Type | Minimum Deposit |
Starter | $100 |
Premium | $500 |
Ultimate | $25,000 |
ORBEX offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Account Type | Spread | Commission |
Starter | From 1.5 pips | $0 |
Premium | From 0.0 pips | $8 |
Ultimate | $5 |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, MAC OS, Android, iPhone, Multi Terminal | Beginners |
MT5 | ❌ | / | Experienced traders |
Orbex accepts payments Credit/Debit cards, Skrill/Moneybookers, Neteller, Wire Transfer, and Klarna/Sofort.
Payment Options | Deposit/Withdrawal Fees | Deposit Time | Withdrawal Time |
Skrill | 0 | Up to 2 hours | Up to 24 hours |
Direct Debit / Credit Cards | 3-5 business days | ||
Bank Wire | 3-5 business days | ||
NETELLER | Up to 2 hours | Up to 24 hours | |
Klarna/Sofort |