orbex Guide – Read our In-Depth orbex Review
orbex Rating: 4.65 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This orbex review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this orbex review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you're a new entrant in the world of trading and broker, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough knowledge. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you need to choose the right agent who will be transparent with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan will generate hefty returns. orbex is just one such stage which will take you and your investment to great heights. It's important to understand all about orbex before you trust them with your cash.
orbex Guide – Quick Summary
|orbex Telephone Number:|
|orbex Email Address:|
|Regulated By:||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291|
|Number Of Clients:||10,000+ orbex users and traders|
|orbex Facebook Likes:||0|
|orbex Twitter Followers:||0|
|orbex Instagram Followers:||0|
Your capital is at risk
Our entire orbex Review covers all you need to learn about trading using orbex. A good broker can multiply your first investments and give you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
orbex is a broker that has found its way successfully into the broker world. In this review, we've attempted to collate some of the vital aspects of orbex. This review can help you to know whether orbex is a good fit for your own investments or not. We've attempted to breakdown all the features and charges for your convenience.
orbex Review, Table Of Contents
- Who are orbex?
- Benefits Of Trading With orbex
- Everything you should know about trading with orbex
- Is orbex Safe To Trade With?
- Pro's & Con's Of Trading With orbex?
- Compare Brokers Similar To orbex
- Regulation And Licencing In More Detail
- orbex Awards
- Minimum Deposit Required For A Live Account With orbex
- orbex Commission And Fees Explained
- Compare broker fees against orbex
- orbex Withdrawal Fees Explained
- orbex Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With orbex?
- Alternatives To orbex
- Frequently Asked Questions About orbex
Who are orbex?
orbex is a foreign exchange broker headquartered in Cyprus and provides a range of tools for trading. Since its start in 2012, orbex has emerged as a top player in the field of online broker. orbex has a highly aggressive and full-featured trading site that is focused on currency, indices, metals, sharesand commodities.
Over the past 9 years, orbex has grown into one of the leading online brokers.
After establishing in 2012, their client base is becoming as big as 10,000+ clients.
orbex is a favorite for many dealers because of its negative balance protection. Our orbex review found that they are an excellent alternative for automated trading options. It's most appropriate for investors that are searching for an assortment of assets. Social and automated trading solutions are the heart at orbex.
Technology plays a significant role at orbex. orbex offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. orbex is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291. Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The trader resource section at orbex is quite insightful for new dealers since it allows them to have a closer look in the financial markets. orbex caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
If you feel that orbex is not right for you then at the bottom of this orbex review you wil find a lot of alternatives to orbex.
What you should know about trading with orbex
orbex is a lively platform that offers various methods of trading. These instruments cover the financial markets considerably. The Majority of the brokerage platforms offer fewer methods than orbex
If you wish to trade with orbex, you'll require a minimum deposit of $250. This deposit is mandatory if you would like to begin trading with orbex. This 2021 orbex review will guide you clearly about trading with them.
orbex is as flexible as another brokerage platform. orbex is great for traders who want a manageable variety of low-cost services. The programs offered by orbex are third-party, white-label offerings. All traders can choose from MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Along with everything, orbex has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade has to be kept open. The brokers offer premium customer service that rewards customers with benefits.
Many less reputable brokers attempt to pressurise users into larger funding for premium services. orbex, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater advantages will become available.
orbex accounts are available globally and provides quality service wherever they have clients. There are only a select few countries where orbex accounts are not available. Traders in the following countries cannot open or use a orbex account:
BR, KR, IR, IQ, SY, JP, US
Is orbex Safe To Trade With?
Launched in 2012, orbex has been open for 9 years, they have a head office in Cyprus.
orbex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291. These figures have rules that mandate that trading platforms have ploicies in place to maintain investor's resources procured. This usually means that orbex users do not need to worry about their money as it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with orbex for heightened security. An SMS for the verification code will be sent to your phone. You will be asked to input this code to log into your account.
Another concern with fiscal brokers is in regards to security might be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is much more widespread in the example of Market Maker brokers who compete with users on the platform.
Pro's & Con's Of Trading With orbex
Every online trading platform will have a few ups and downs, and no orbex review would be complete without having a balanced approach. This orbex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- orbex is trusted by 10,000+ clients
- orbex offers Negative Balance Protection
- orbex doesn't charge inactivity fees
- orbex doesn't charge deposit fees
- orbex doesn't charge CFD fees
- orbex offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
- orbex offer 174 trading instruments
- orbex trades major forex pairs
- orbex trades minor forex pairs
- orbex trades exotic forex pairs
- orbex offers trading on cryptocurrencies
- orbex can communicate in English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
- orbex does not offer Guaranteed Stop Loss
- orbex charge withdrawal fees
orbex Review - Compare Brokers Similar To orbex
|orbex||swiss markets||Valbury Capital||Bulbrokers|
|Rating||4.65 / 10||5.3 / 10||4.46 / 10||3.56 / 10|
|Regulated By||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F315||Financial Conduct Authority (FCA)||Financial Services Authority (FSA)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Losses can exceed deposits|
orbex Review - Regulation And Licencing In More Detail
orbex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291.
orbex, as a company, has a powerful collection of rules for ensuring honest trading onto its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
orbex Review - Awards
- At the time of writing this orbex review, they had not received any awards.
orbex Trading Platforms
orbex are a trustworthy trading platform that has been operating for over 9 years. They offer a wide range of options in their customer accounts.
In the following table we take the main parts of any professional brokerage and compare orbex against swiss markets, Valbury Capital, and Bulbrokers
orbex Review - Minimum Deposit Required
The minimum deposit you need to begin on orbex is $250. This is an adequate amount for those just beginning. It's possible to make more complex residue as you go along. But, ensure you understand how to make the most of your cash before investing larger amounts.
orbex Review - Commission And Fees Explained
orbex is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you're paying a spread, funding speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are people that are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, orbex does not charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees charged by orbex are comparatively lower. Consequently, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This orbex review breaks down every one of the applicable non-trading fees for you in detail.
Compare broker fees against orbex
orbex Review - Withdrawal Fees Explained
orbex charges a withdrawal fee when you create a bank transfer. Every time you transfer money back into your bank accounts, these withdrawal charges become important.
Withdrawal of cash is possible at any time from your orbex account. It's possible to draw up sums to the sum of your account balance, keeping aside the margin used. One thing to remember is that you don't necessarily need to have any money in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, the withdrawn cash is going to be sent to the card. orbex will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are choosing to draw in.
orbex Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head when open an account with orbex. An inactivity fee is an amount charged to registered dealers who haven't engaged in purchasing or selling for a while. The period regarded as inactive is determined by the broker.
The inactivity fee also differs from 1 agent to another and is not standardized. If a dealers account doesn't have a purchasing or selling trade, it's claimed by the broker as an inactivity charge. The traders need to pay this commission under terms and conditions that they had consented while registering.
orbex doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees have been implied by orbex, it is best that you close the account if you are inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you've selected. The inactivity fee is exposed to a lot of conditions and needs to be revealed clearly by the agent beforehand.
orbex Review - Deposit Fees Explained
When you move money in your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers don't charge an excessive amount of money for this operation.
orbex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the orbex trading platform is easy. You just need to finish a single-user profile survey to start depositing money into your trading account. You'll need to give an identity proof and evidence of residency to deposit substantial sums.
orbex Review - Compare Broker Deposit Methods
What Can You Trade With orbex?
Note: orbex provides a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered can differ depending on the country of residence of the client.
orbex has a wide variety of over 174 instruments available for you to trade with.
If trading currency pairs is of interest to you then orbex offer over 144 currency pairs.
Compare orbex, swiss markets, Valbury Capital & Bulbrokers below.
Alternatives To orbex
If, after reading this orbex review, they do not quite meet your requirements check out these orbex alternatives.
We've scoured the web to find the best alternatives to orbex. Click on the links below to learn more.
Frequently Asked Questions about orbex
Can I try orbex before I buy?
Yes, you can most certainly try orbex before you buy. orbex provides demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up to get a demo account on orbex, you will set out with a decent amount of virtual currency. It is to establish a sense of security and confidence in you until you decide to spend your own money.
With this virtual orbexdemo account, you can experiment at all, to whatever length you desire. You can even open positions, test different trading strategies, and much more.
orbex specifies on its official site which you are able to trade real time stocks in a demo account.
Is orbex safe?
You can drop all your worries since we believe that orbex is completely safe to use. It's in compliance with all the rules of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291.
Nevertheless, orbex doesn't provide assured stop-loss protection.
Why does orbex ask for my passport?
The reason that orbex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, orbex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, orbex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with orbex?
The process to start trading withorbex is perhaps simple enough to be a cakewalk. You need to begin by signing up on the orbex website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with orbex is $250. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with orbex.
The best way to kickstart your trading career with orbex is to open a demo account facility before risking any real money
What funding methods do orbex accept?
There are a number of methods to fund your account with orbex. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal is not available in all country. The monies orbex
Is my money safe with orbex?
Yes, your money is safe and secure with orbex. As you already know, orbex works with proper conformation to. It's established plenty of steps to protect all of its investors.
orbex protects its clients' personal and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further protect your account, you can enable Two-Step Verification as well. It takes an SMS affirmation that you get your account.
Is orbex trading good?
Yes, trading through orbex is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you can even obtain access to a vast selection of educational resources and assistive substance to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform for yourself.
Which Countries does orbex support?
orbex operates around the world. However, due to regulations there are some countries that orbex cannot accept clients resident in BR, KR, IR, IQ, SY, JP, US
Is orbex legit?
orbex is a legit company headquarted in Cyprus since 2012. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291. orbex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is orbex a good broker?
orbex is a great agent, and its users may vouch for this. The highlight of this platform is its quick order execution on transactions.
You'll discover the clean design of the platform and the commendable features that a pleasure to work with.
Is orbex a trustworthy broker?
Yes, orbex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for orbex?
The minimum deposit to open a live account with orbex is $250
How long do orbex withdrawals take?
Normally, withdrawal of money from orbex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from orbex to show in your bank account.
Are orbex regulated?
orbex are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291
Is orbex a market leading broker?
orbex is currently one of the business leaders. It supports over 10,000+ registered users and over 9 years of experience on its record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide selection of tools plus resources so you can put money into capital markets.
Is orbex a con?
No, orbex is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291 and must adhere to their rules. Thus, it is safe to say that orbex is not a scam.
Can you make money with orbex?
Through orbex, many traders make a great deal of money. However, on average, through consistent trading, you can make between 2% - 10% profit a month.
This can look like a little number, but over the year, this adds to a substantial amount of gains. While orbex provide you all the tools to earn money, they cannot guarantee that you will profit.
Does orbex have fees?
Yes. To start trading using orbex, you need to deposit $250. Particular commissions while trading additionally applies. Any processing fees from your bank will need to be incurred by you.
When was orbex founded?
orbex was founded in 2012 in Cyprus. orbex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291.
How many people use orbex?
orbex is a globally recognised broker with 10,000+ clients.
Where is the orbex head office?
orbex has its head office in Cyprus
Does orbex offer negative balance protection?
Yes, orbex has Negative Balance Protection. It is especially offered while the industry volatility keeps clients from allowing their accounts go in the red. In a situation like this, orbex provides the ability to reset a customers account balance to zero.
You should go through the critical terms and conditions on orbex's site to comprehend their policies better.
Does orbex offer guaranteed stop loss?orbex unfortunately, doesn't provide guaranteed stop loss. orbex gives an opportunity for its dealers to close their trades at their given price. Apart from this, orbex does not provide guaranteed stop loss.
Does orbex allow scalping?Yes, orbex do allow scalping. Several traders across the world select orbex for their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does orbex allow hedging?
Yes, orbex does allow hedging.
Can you trade energies with orbex?
Yes, you can trade energy stocks with orbex
Can you trade agricultural shares with orbex?
No, unfortunately you cannot trade agricultural stock with orbex
Can you trade cryptocurrency with orbex?
Yes, you can trade cryptocurrency with orbex
Can you trade metals with orbex?
Yes, you can trade metals with orbex
Can you trade UK Shares with orbex?
No, unfortunately you cannot trade UK shares with orbex
Can you trade US Shares with orbex?
No, unfortunately you cannot trade US shares with orbex
Can you trade Japanese Shares with orbex?
No, unfortunately you cannot trade Japanese shares with orbex
Can you trade German Shares with orbex?
No, unfortunately you cannot trade German shares with orbex
Does orbex accept bank transfers?
Yes, orbex accepts bank transfers for depositing money.
Does orbex accept credit cards?
Yes, orbex accepts credit cards for depositing money.
Does orbex accept PayPal?
Yes, orbex accepts PayPal for depositing money.
Does orbex accept Skrill?
Yes, orbex accepts Skrill for depositing money.
Does orbex accept Payoneer?
Yes, orbex accepts Payoneer for depositing money.
Does orbex accept Neteller?
Yes, orbex accepts Neteller for depositing money.
Does orbex offer Live Chat customer support?
No, orbex does not offer customer support through live chat.
Does orbex offer phone customer support?
No, orbex does not offer customer support over the telephone.
Does orbex offer email customer support?
No, orbex does not offer customer support through email.
What languages can orbex communicate in?
orbex has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does orbex have a wikipedia page?
No, orbex does not have an official wikipedia page.
Does orbex offer demo accounts?
Yes, orbex offers demo accounts so you can learn their systems before risking any real money.