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Score

1.43 /10
Danger

Orbex

Mauritius

2-5 years

Regulated in Seychelles

Retail Forex License

Suspicious Scope of Business

High potential risk

Offshore Regulated

https://orbexmena.com/en

Influence

D

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index6.42

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Orbex Group Limited

Company Abbreviation

Orbex

Platform registered country and region

Mauritius

Company website

X

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-07-04
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD110 is an offshore regulation. Please be aware of the risk!

WikiFX Survey

Danger

Orbex

Mauritius

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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Orbex · Company summary
Orbex Review Summary
Founded2017-07-31
Registered Country/RegionMauritius
RegulationOffshore Regulated
Market InstrumentsForex, Commodities, Stocks, Cryptocurrencies, Indices
Demo Account/
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4 (Windows, Mac, Android, iOS), MT5 (Windows, MacOS, Android), and Orbex Mobile App
Min Deposit$100
Customer Supportsupport@orbex.com
Facebook, Twitter, LinkedIn, YouTube, Instagram, TikTok, Telegram
Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius

Orbex Information

Orbex is a global foreign exchange and CFD broker that provides multi-asset trading services and supports the MT4/MT5 platforms. Orbex is suitable for traders seeking low-latency execution and high leverage, particularly excelling in technical tools and fund security. Novice traders can start with the Starter account, while professional traders can enjoy more favorable trading conditions through the Premium/Ultimate accounts.

Pros and Cons

Pros Cons
Offshore RegulatedReligious proof is required for Swap-Free accounts
Flexible account typesCryptocurrency deposit fees (for amounts below 50 USDT)
MT4/MT5 available
24/5 multilingual customer service
Leverage up to 1:500

Is Orbex Legit?

Lawful and compliant. Orbex is offshore regulated by FSA with license number SD110.

FSA
FSA

What Can I Trade on Orbex?

Orbex offers over 400 trading instruments. These include forex and contracts for difference (CFDs) covering indices, commodities, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Indices✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

SpecificationsStarterPremiumUltimate
Minimum Investment$100$500$25000
SpreadsVariableFrom 0.0 pipsFrom 0.0 pips
Commissions$0$8$5
LeverageUp to 1:500Up to 1:500Up to 1:500
Minimum size0.01lots0.01 lots0.01 lots
Stop Out20%20%20%
Margin Call100%100%100%
Execution typeNDDNDDNDD
Scalping✔✔✔
EAs✔✔✔
Trading Central✔✔✔
VPS i✔✔✔
WebinarsMonthlyExclusiveExclusive
Training SessionsX1x(1 on1)3 x (1 on1)
EducationBasicAdvancedAdvanced

Additionally, a Swap-Free interest-free account is available (religious proof required).

Orbex Fees

The spreads and commissions of Orbex vary depending on the account type. For example, in the Starter account, the spread for major currency pairs is 1.5 pips (e.g., EURUSD) with no commission.

In Premium/Ultimate accounts, the spread for major currency pairs can be as low as 0.0 pips (e.g., EURUSD), and for cross currency pairs, it ranges from 0.3 to 0.5 pips (e.g., EURGBP). The commission is $8 per lot for Premium accounts and $5 per lot for Ultimate accounts.

spreads

Leverage

Orbex's maximum leverage is 1:500, applicable to all account types.

Trading Platform

Orbex supports both MT4 and MT5, with MT4 enabling multi-device synchronization across Windows, Mac, Android, and iOS. Additionally, investors can register, set up, and manage their trading accounts through the Orbex Mobile App, which is available on the App Store and Google Play.

Trading PlatformSupported Available Devices Suitable for
MT4✔Windows, Mac, Android, iOSBeginners
MT5✔Windows, MacOS, AndroidExperienced Traders
Orbex Mobile App✔-All Traders
MT4

Deposit and Withdrawal

The minimum deposit is $100 (for the Starter account). Payments via VISA/MasterCard, Skrill, Neteller, UnionPay, and cryptocurrencies (USDT) are processed instantly, while bank wire transfers take 3-5 business days. Supported currencies include USD, EUR, GBP, PLN, CNY, etc. (cryptocurrencies are limited to USDT).

User Reviews

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User comment

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Comments

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FX2903987236
6-12months
Stay far away from this broker. It's a broker that spends excessively on attracting clients, but when you try to deposit funds, they deduct very high fees, and the same applies to withdrawals. I paid approximately $150 in fees and charges for depositing and withdrawing $2,000. The spreads and commissions are extremely high and completely contrary to the false claims made in their advertisements.
Stay far away from this broker. It's a broker that spends excessively on attracting clients, but when you try to deposit funds, they deduct very high fees, and the same applies to withdrawals. I paid approximately $150 in fees and charges for depositing and withdrawing $2,000. The spreads and commissions are extremely high and completely contrary to the false claims made in their advertisements.
Translate to English
2024-12-31 03:58
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0
0
loverage
more than one year
Withdrawals are hassle-free, no unexpected delays. It's that peace of mind we all crave in the trading world.
Withdrawals are hassle-free, no unexpected delays. It's that peace of mind we all crave in the trading world.
Translate to English
2023-12-15 19:07
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