Orbex Review for 2019

Orbex Rated 2/5
Orbex have a low rating. We recommend you look at one of their alternative brokers.
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Orbex Introduction

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

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Orbex we break down 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.

Benefits of trading with Orbex

  • Regulated by: Financial Conduct Authority, CySEC
  • Headquarters Country : Cyprus
  • Foundation year 2009
  • Min Deposit Fee : 500
  • Used by over 10,000 traders
  • Orbex is not available in the following countries : N/A
Open Orbex's Website

Losses can exceed deposits

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

With this 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 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.


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 10 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, 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.

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.

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.

What we like about Orbex

  • Used by over 10,000 traders
  • Established in 2009
  • Regulated by Financial Conduct Authority, CySEC
  • Min. deposit from $500

What we don't like about Orbex

Orbex General Fees

  • Orbex doesn't charge withdrawal fees
  • Orbex doesn't charge inactivity fees

Orbex Commissions

  • Orbex doesn't charge commission on CFD shares.

What can you trade with Orbex?

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 XTB below.

Losses can exceed deposits

FX / Currencies Orbex eToro XTB
Forex pairs offered 15 50 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Orbex eToro XTB
Commodities offered 0 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Orbex eToro XTB
Stocks offered 957 1696
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
Orbex
Instruments
eToro
Instruments
XTB
Instruments

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 Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP

Orbex Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • ECN 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

What funding methods do Orbex accept?

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

  • Credit cards
  • Bank Transfer
  • Neteller

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.

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 trader, accounts and instruments.

Education resources at Orbex

To trade effectively with Orbex, it's important to get a have a good understanding of the XTB 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.

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 over three languages,

What you will need to open an account with Orbex

As Orbex is regulated by Financial Conduct Authority, 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:

  • 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 10 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 their website 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 12th August 2018.

Orbex not quite right?

Check out these 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.

Related Orbex Comparisons

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 some indepth Orbex VS pages below.

ORBEX Frequently Asked Questions

Can I try Orbex before I buy?

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

What funding methods do Orbex accept?

Orbex offer the following funding payment methods accept Credit cards, Bank Transfers, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

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, 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.