Orbex Review 2020

Orbex Rated 2/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
Orbex Review Screenshot

Orbex Guide - Read our In Depth Orbex Review

This Orbex review was written by industry experts with over 20 years of financial experience in Binary Options.

What is Orbex?

Orbex are an a global online financial trading platform and multi asset broker founded in 2009

Over 11 years later Orbex has grown to offering retail investors Binary Options trading.

Orbex are a global broker and have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Orbex review and assess how well the Orbex platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Orbex can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Orbex we breakdown the pros and cons. What Orbex are able to offer, what countries Orbex are available in. Who Orbex are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Orbex review useful.

This review of the Orbex platform is very detailed. If you are interested in trading with Orbex in any capacity please take the time to read and research the whole Orbex review.

We have tried to explain the ins and outs of financial trading through the Orbex platform as plainly as possible so that you the trader are as informed as possible before you start to use the Orbex trading tools and depositing and withdrawing funds from Orbex.

Benefits of trading with Orbex

Open Orbex's Website

Losses can exceed deposits

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Orbex like Binary Options trading. you should have confidence in Orbex and know that the management of your financial investments on the Orbex platform is in good hands.

At the bottom of this Orbex review you can also learn about some pretty good alternatives to Orbex

With this Orbex review we hope to help you see if Orbex is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Orbex that will help you get off to a good start in the world of online trading.

Orbex Review Table of Contents

Orbex review
Orbex is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Orbex. Orbex is a multi asset platform with 100+ tradable Assets. Assets available on Orbex include Binary Options.

Orbex trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Binary Options are considered financial assets.

Orbex review
Features of Orbex

Orbex review
What you should know

Orbex offer one way to trade: Binary Options.

With Orbex you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with Orbex platform.

Orbex are able to accommodate various levels of traders whether you are experienced or a beginner.

Orbex review
Are Orbex safe?

When choosing a broker like Orbex the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2009, and in operation for 11 years Orbex have a head office in Cyprus.

Orbex is regulated. This means Orbex are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Orbex, this will be honored. If Orbex violate any regulatory rules their regulated status could be stripped.

Orbex review
Is my money safe with Orbex?

Any payments funded to Orbex accounts by traders are held in a segregated bank account.

For added security Orbex use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Orbex use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Orbex deposited in a Tier 1 bank?

Having any money you deposit with Orbex means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Orbex goes out of business for some reason.

Therefore, we can safely conclude that Orbex is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Binary Options is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Orbex also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regrding Orbex. let us look at the Orbex features in more detail.

Try creating two accounts when you are working with Orbex. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Orbex

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Orbex as a Company Compare Against Other Brokers

Broker Orbex eToro IC Markets XTB
Year Established 2009 2006 2007 2002
Head Office Cyprus Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Orbex users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Orbex Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Orbex review
Orbex Pros and Cons

What we like about Orbex

  • Used by over 10,000 Orbex users and traders
  • Established in 2009
  • Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $500

What we don't like about Orbex

Orbex review
Orbex Regulation and Licensing in more detail

We have checked and Orbex is regulated and supervised by reputable organisations. You are able to check every Orbex supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Orbex. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Orbex traders and provide a safe trading environment.

Orbex is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Orbex you should be sure they're legitimate online agent.

Orbex review
Is Orbex Global?

Yes, Orbex is global as Orbex is available in over 194 countries.

Orbex is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Orbex covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Orbex has a total of more than 10,000 users.

Orbex review
Orbex Fees Explained

  • Orbex doesn't charge withdrawal fees
  • Orbex does not charge a fee for inactive accounts.
  • Orbex doesn't charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Orbex Fees Compare Against Other Brokers

Broker Orbex eToro IC Markets XTB
Min Deposit 500 200 200 0
Withdrawal Fees No Yes No varies
Inactivity Fees No Yes No No
Deposit Fees No No Varies No
CFD Commission Fees No No Yes Yes

Orbex review
Orbex Minimum Deposit

Orbex require a minimum desposit of 500 GBP/USD when opening an Orbex trading account.

A minimum deposit is the minimum amount of money required by Orbex to open a new online brokerage account with them.

Dont be scared off by brokers like Orbex charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Orbex review
Orbex Withdrawal Fees

Orbex doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Orbex for example allow you to withdraw your funds to Credit cards, Bank Transfer, Neteller, WebMoney, FasaPay, Debit cards, .

Orbex review
Orbex Inactivity Fees

Orbex does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Orbex review
Orbex Desposit Fees

Orbex does not charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Orbex review
Orbex Commission Fees

Orbex does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Orbex review
What can you trade with Orbex?

Be aware that Different entities under Orbex Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Orbex over 100 instruments infact.

If you are looking at trading currency pairs Orbex offer over 15 currency pairs.

Compare Orbex with eToro and IC Markets below.

Losses can exceed deposits

How Orbex Trading Options Compare Against Other Brokers

Broker Orbex eToro IC Markets XTB
Instruments Available 100 2000 232 4000
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 15 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 0 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Orbex
Losses can exceed deposits
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Orbex review
Trading on Orbex web platforms and other applications

Orbex offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An Orbex IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Orbex also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Orbex's platforms

Orbex review
Is the Orbex Trading Platform Secure?

Orbex safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Orbex also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Orbex.

Orbex review
Orbex Trading Platform Options

Once you have logged into your Orbex account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Orbex does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Orbex does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Orbex gives you.

Orbex review
Orbex MetaTrader 4 (MT4)

Orbex MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Orbex. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Orbex in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Orbex MetaTrader 4 is compatible with the latest macOS Mojave. Orbex allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Orbex

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Orbex MetaTrader 4 on IOS Devices

You can download the Orbex app or also trade with Orbex through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Orbex MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Orbex provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Orbex MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Orbex MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Orbex MetaTrader 4 Advanced Trading Tools

The Orbex advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Orbex offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Orbex MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Orbex MetaTrader 4 AutoChartist

Orbex Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Orbex Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP

Orbex Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • STP account
  • Managed account
  • Islamic account

Can I try Orbex before I buy?

Orbex offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

Orbex withdrawal and funding methods.

Please note that the list of Orbex payment methods below depend on the Orbex Entity and the Clients Country of Residence.

Orbex offer the below funding payment methods. learn more about Orbex

Orbex Payment Methods

  • Orbex accepts Credit cards
  • Orbex accepts Bank Transfer
  • Orbex accepts Neteller
  • Orbex accepts WebMoney
  • Orbex accepts FasaPay
  • Orbex accepts Debit cards
Broker Orbex eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with Orbex?

When opening a trading account with Orbex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Orbex trading platforms here.

Losses can exceed deposits

Performing trades with Orbex

Orbex allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Orbex offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Orbex

To trade effectively with Orbex, it's important to get a have a good understanding of the Orbex trading tools and the markets.

Orbex offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Orbex.

Take time to look around the Orbex platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Orbex

Orbex support a wide range of languages including English, Arabic, Chinese, Spanish, German, Polski, Russian, Japanese, Italian, Imdonesian, Persian

Orbex have a double AA grade support rating because Orbex offer live chat and email support in multiple languages.

Livechat Support at Orbex

We tested the Orbex live chat and it works well. We sent messages to Orbex livechat through their app and website and recieved a response within 30 seconds.

We tested communicating with Orbex support in multiple languages in multiple countries. Orbex where able to quickly resolve our customer issues.

Email Support at Orbex

We sent several emails to Orbex and answer times overall were excellent. The fastest response from Orbex was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with Orbex, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Orbex.

Phone Support at Orbex

We called Orbex and the call was answered very quickly. The call was answered in less than 5 minutes.

The Orbex phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Orbex team by calling in varying languages. Orbex made an effort to make sure our queries were answered.

Overall great phone support from Orbex.

See how Orbex Support Compares Against Other Brokers

Broker Orbex eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Arabic, Chinese, Spanish, German, Polski, Russian, Japanese, Italian, Imdonesian, Persian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Orbex Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Orbex

As Orbex is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Orbex Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Orbex's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Orbex you can visit the Orbex trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.orbex.com/ on November 22, 2020.

Orbex review
Is Orbex A Good Broker?

We spent over 3 months examining Orbex in depth. Although we found some very useful aspects of the Orbex platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Orbex broker.

  • Orbex have a good track record of offering Binary Options.
  • Orbex has a history of over 11 years.
  • Orbex has a reasonable sized customer support of at least 10.
  • Orbex are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). This means Orbex fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Orbex have regulation from a Tier 1 reputable country.
  • Orbex has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Orbex have an international presence in multiple countries. This includes local Orbex seminars and training.
  • Orbex are able to hire people from various locations in the world who can better communicate in your local language.

Orbex Risk Disclaimer

Losses can exceed deposits

Orbex review
Orbex not quite right?

If after reading this Orbex review, Orbex does not fulfill your needs check out these Orbex Alternatives.

Click here to view the best Orbex Alternatives

We have spent years researching the best alternatives to Orbex. Click the links below to learn more.

If you feel some of the above Orbex are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Orbex alternatives below.

Orbex review
Related Orbex Vs Comparisons

We have covered allot in this Orbex review, If you want to see how Orbex compares side by side with other brokers check out our Orbex Vs pages.

If you would like to see how Orbex stands up against other brokers you can read some of our Orbex comparisons below. We compare side by side some of our top rated Orbex versus comparisons. Read our indepth Orbex VS pages below.

Orbex review
ORBEX Frequently Asked Questions

Can I try Orbex before I buy?

Orbex offer a demo account so you can try the Orbex platform before you put down a payment. Learn more here

What funding methods do Orbex accept?

Please note that the list of payment methods below depend on the Orbex Entity and the Clients Country of Residence.

Orbex offer the following funding payment methods Credit cards, Bank Transfer, Neteller, WebMoney, FasaPay, Debit cards, among other payment methods.
Learn more here

Losses can exceed deposits

Is Orbex safe?

Orbex are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Any payments funded to Orbex accounts by traders are held in a segregated bank account. For added security Orbex use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Orbex trading good?

Orbex is considered good and reputable to trade with Orbex. Orbex is used by over 10000 active traders and Orbex users. Orbex offers Binary Options trading. Minimum deposit with Orbex is 500.

Is Orbex trading Legit?

Orbex was founded in Cyprus in 2009. Orbex has been facilitating trade on the financial markets for over 11 years. Orbex offers clients Binary Options trading. All funds deposited to Orbex are held in segregated tier 1 bank accounts for security. Orbex is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Orbex a good broker?

Orbex is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. Orbex allows Binary Options trading.

Is Orbex trustworthy broker?

Orbex can be considered trustworthy. All money funded to Orbex is placed into a segregated tier 1 bank account. this means your money in not held by Orbex directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Orbex is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Orbex?

The minimum deposit to trade with Orbex is 500.

How long do Orbex withdrawals take?

Withdrawing money from Orbex processing time varies but averages 2-5 days.

Is Orbex regulated?

Orbex is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

Is Orbex a market maker?

Orbex is a market maker. Stocks, currency and other commodities and instruments will be purchased by Orbex even if no buyer is lined up.

How can I start trading with Orbex?

When opening a trading account with Orbex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Orbex trading platforms here.

Is my money safe with Orbex?

Orbex is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like Orbex is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Orbex, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Orbex a con?

Orbex is regulated and well established having been in business for over 11 years. Orbex is definitely not a con.

Can you make money with Orbex?

Although traders have had great success with Orbex. Trading on the financial markets with Orbex is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Orbex have fees?

Orbex doesn't charge withdrawal fees. Orbex doesn't charge inactivity fees. Orbex doesn't charge deposit fees.

When was Orbex founded?

Orbex was founded in 2009.

How many people use Orbex?

Orbex is used by over 10000 registered Orbex users.

What is Orbex Headquarters country?

Orbex has its head quarters office in Cyprus.

Does Orbex offer negative balance protection?

Orbex does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Orbex offer guaranteed stop loss?

Orbex does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Orbex allow scalping?

Orbex offers scalping.

Does Orbex allow hedging?

Orbex offers hedging.

Does Orbex offer CFD trading?

Orbex does not offer CFD trading.

Does Orbex offer STP?

Orbex offers STP trading.

How many people use Orbex?

Orbex is used by over 10000 Orbex users and traders.

Is Orbex an ECN broker?

Orbex offers ECN trading.

Does Orbex offer a demo account?

Orbex offers a demo account.

Does Orbex offer an Islamic account?

Orbex offers a Islamic accounts.

What are the funding methods for Orbex?

Orbex accept the following funding methods : Credit cards, Bank Transfer, Neteller, WebMoney, FasaPay, Debit cards, .

Orbex review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Orbex brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Orbex review written by Mark Hansen of Comparebrokers.co