Orbex Rated 2/5

Orbex Guide - Read our In Depth 2023 Orbex Review

This detailed Orbex review has been researched and fact checked by industry experts with over 30 years of financial experience in Binary Options.

Learn more about Orbex.

Benefits of Trading with Orbex

Orbex Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 500
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 Orbex users and traders
๐Ÿ“† Founded 2009
๐ŸŒ HQ Cyprus
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
๐Ÿšซ Excluded Countries Orbex is not available in the following countries : N/A

Open Orbex's Website

Losses can exceed deposits

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Orbex?

Orbex are a worldwide financial trading platform and broker. founded in 2009

Over 14 years later Orbex now serves over 10,000 retail investors Binary Options trading.

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

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Orbex review and assess how well the Orbex platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Orbex. Choosing or shortlisting a trading platform like Orbex can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Orbex.

As a result, selecting the right trading platform like Orbex requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Orbex available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Orbex requires thorough due diligence and careful consideration. Some Orbex trading features can be complex when trading on mobile or using the Orbex online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Orbex trading tools properly. In our review of Orbex we explain the pros and cons. What Orbex offer, countries Orbex are available in. Who Orbex are regulated by and more.

Orbex Review Screenshot

When it comes to online trading with brokers like Orbex, carefully review Orbex as your broker can make or break your success. Choosing the right broker is essential to ensure your Orbex investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Orbex review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Orbex. You must also ensure the Orbex broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Orbex needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Orbex into easily digestible information in this Orbex review. We want to ensure you have all the knowledge necessary to use the Orbex trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Orbex are the key to successful trading, so we've provided this detailed Orbex review. So, take a seat, grab a cup of coffee, and dive in to learn about Orbex and how it can benefit you or if Orbex is not for you.

Online investing with Orbex can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Orbex, evaluating the Orbex platform is important. Evaluation includes researching the Orbex management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Orbex. That's why it's essential to understand the Orbex company policies and practices before making any investment decisions. By doing your due diligence and understanding Orbex platform, you can make informed investment choices that align with your financial goals. So take the time to research Orbex thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Orbex review you need to determine if Orbex is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Orbex, so you can make a more informed decision and compare other brokers against Orbex.

If you want to look at some Orbex alternatives that might better fit your needs, we list and compare some of the best Orbex alternatives further down this Orbex review.

Don't be fooled by the misconception that online trading is easy with Orbex. It can be challenging and requires significant research and understanding of the Orbex trading tools and features. You must know what you are doing when trading with Orbex. That's why we've compiled this detailed Orbex review with some important information that will hopefully make you more informed when online trading with Orbex.

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. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Binary Options are considered financial assets.

Features of Orbex

Orbex review
What you should know

Orbex offer one way to trade: Binary Options. The assets and products available to you on the Orbex trading platform depends on the region of the world, you are in and the Orbex entity you have an account.

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 considering Orbex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Orbex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2009, and in operation for 14 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.

Orbex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Orbex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Orbex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Orbex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Orbex has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Orbex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Orbex, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Orbex violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with Orbex?

All payments made to Orbex by traders are securely held in a segregated bank account.

Orbex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

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

Orbex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Orbex clients' funds.

Orbex clients can have greater confidence in their financial security when working with a Tier 1 bank because Orbex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

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

Depositing funds with Orbex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Orbex were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Orbex is a secure and safe platform.

Please be aware that trading in financial assets with Orbex carries a risk of loss. Orbex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Binary Options due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Orbex emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Orbex, let's closely examine its features.

To better understand the Orbex trading platform, you can create two separate accounts - one with real money and the other a Orbex demo account. A Orbex demo account provides a risk-free environment for experimenting with the Orbex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Orbex trading decisions.

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 IC Markets Roboforex eToro
Year Established 2009 2007 2009 2007
Head Office Cyprus Australia Belize Cyprus, UK
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Orbex users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Orbex Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

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

Orbex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Orbex going into insolvency. Orbex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Orbex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Orbex traders.

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

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 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Orbex covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. 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.

Orbex Costs To Check

Modern brokers like Orbex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Orbex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Orbex trading profitability.

How Orbex Fees Compare Against Other Brokers

Broker Orbex IC Markets Roboforex eToro
Min Deposit 500 200 10 50
Withdrawal Fees No No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees No Varies No No
CFD Commission Fees No Yes No Yes

Orbex Minimum Deposit

Orbex requires a minimum deposit of 500 GBP/USD/EUR 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.

Don't be scared off by brokers like Orbex charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Orbex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Orbex Withdrawal Fees

Orbex doesn't charge withdrawal fees.

Orbex Withdrawal rules may vary across different brokers when it comes to transferring funds from your Orbex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Orbex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Orbex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Orbex. Researching and comparing Orbex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Orbex funds frequently or dealing with large sums of money. Awareness of these Orbex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Orbex funds.

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

Orbex Inactivity Fees

Orbex does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Orbex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Orbex fees and services. It's recommended that you check the Orbex website before signing up. If you decide to close your Orbex account, it's important to do so with the Orbex broker customer support and obtain confirmation that no remaining Orbex fees are due.

Brokers like Orbex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Orbex Deposit Fees

Orbex does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Orbex Commission Fees

Orbex does not charge commission on CFD instruments.

Brokerage firms like Orbex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Orbex trading account level held by the trader.

Orbex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Orbex terms and conditions to understand the commission fees and any other charges that may apply is essential.

Orbex review
What can you trade with Orbex?

It's essential to note that the trading instruments offered under the Orbex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Orbex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

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

If you want to trade currency pairs on global Forex markets, Orbex offer over 15 currency pairs.

Orbex Compared To Other Brokers

Compare Orbex with IC Markets and Roboforex below.

Losses can exceed deposits

How Orbex Trading Options Compare Against Other Brokers

Broker Orbex IC Markets Roboforex eToro
Instruments Available 100 2250 100 5000
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 15 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares No Yes Yes 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 IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

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.

A 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 trading apps help you stay on top of your trades and execute them on the go.

See Orbex's platforms

Is the Orbex Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Orbex trading platform to protect you on PC and mobile Orbex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Orbex web trading platforms.

Orbex Trading Platform Options

After logging into your Orbex account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that Orbex does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Orbex does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Orbex gives you.

Orbex review
Orbex MetaTrader 4 (MT4)

Orbex MetaTrader 4

Orbex MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Orbex offers traders comprehensive features and tools to enhance their trading performance. The Orbex MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Orbex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Orbex traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Orbex traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Orbex trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Orbex MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Orbex, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Orbex MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Orbex allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click 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 PCs and Apple Macintosh computers. Orbex MetaTrader 4 is compatible with the latest macOS. Orbex allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Orbex

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Orbex MetaTrader 4 on iOS Devices

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

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Orbex customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Orbex MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Orbex offers its clients access to the MetaTrader 4 platform on these devices. With the Orbex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Orbex traders to stay on top of their trades and react quickly to changes in the market. With the Orbex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Orbex MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Orbex are a powerful bundle of three major indicators designed to help traders make informed decisions. Orbex MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Orbex traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Orbex traders to potentially stay one step ahead.

Orbex MetaTrader 4 Advanced Trading Tools

The Orbex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Orbex traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Orbex provides traders with everything they need to succeed. The Orbex MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Orbex traders to analyze the market at any level of complexity.

Trade Orbex MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Orbex MetaTrader 4 AutoChartist

Autochartist on the Orbex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Orbex MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Orbex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Orbex users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Orbex traders can navigate the platform and find the information they need to make informed trading decisions.

Orbex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Orbex traders of all experience levels.

Orbex Trading benefits

  • Orbex Allows scalping
  • Orbex Allows hedging
  • Orbex Offers STP

Orbex Trading Accounts Offered

Below we give an overview of the account types that Orbex offer. Whatever you are looking to trade, the varying Orbex account types will be able to provide you with what you need.

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

Can I try Orbex?

Orbex provides a demo account that enables individuals to explore trading before investing their funds. By creating a Orbex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Orbex demo account can help individuals to make informed decisions before investing their money.

Open a demo Orbex account to practice and trade.

Losses can exceed deposits

Orbex withdrawal and funding methods

It's essential to remember that the payment methods provided by Orbex vary based on the Orbex entity and the Orbex client's country of residence. To view the Orbex payment options available, you can log into your Orbex member's area.

Orbex offers various funding payment methods listed in your Orbex dashboard if available in your region. To learn more about the Orbex funding and withdrawal options available in your area, you can explore the Orbex website.

Orbex provides several payment methods for funding your Orbex account. You may utilize any of these deposit options if they are available in your region. Orbex ensures that users have multiple payment methods to choose from, making it more convenient for verified Orbex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Orbex user's location. learn more about Orbex funding and withdrawal methods.

Orbex Payment Methods

Some Orbex payment methods are local and are available only to specific regions. Orbex account holders should check which payment methods are provided in your region.
  • Orbex accepts Credit cards
  • Orbex accepts Bank Transfer
  • Orbex accepts Neteller
  • Orbex accepts WebMoney
  • Orbex accepts FasaPay
  • Orbex accepts Debit cards
Broker Orbex IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller Yes Yes Yes Yes

*please note available Orbex and other broker payment methods depend on the clients country of residence.

How can I start trading with Orbex?

To open a trading account with Orbex, individuals can sign up on the Orbex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Orbex account validation and making a deposit. Once completed, Orbex users can download the trading platform of their choice.

It's important to note that Orbex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Orbex maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Orbex trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Orbex

When using Orbex, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With the ECN and STP execution methods offered by the platform, traders using Orbex can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Orbex margin requirements can differ depending on the traded instrument.

Education Resources at Orbex

To trade effectively with Orbex, it's important to have a good understanding of the Orbex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Orbex and externally.

Orbex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Orbex. Familiarizing yourself with the Orbex trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Orbex. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Orbex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Orbex, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Orbex. Explore the Orbex platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Orbex, before live trading.

Customer Support at Orbex

As part of our Orbex review, we review customer service options, response times and problem resolution effectiveness on the Orbex trading platform. The Orbex trading platform supports multiple languages, which includes English, Arabic, Chinese, Spanish, German, Polski, Russian, Japanese, Italian, Imdonesian, Persian.

Orbex Available Support Types

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

Livechat Support at Orbex

Our experience with the Orbex live chat was positive. We received a response within 30 seconds of sending a message through their app and website. Overall, great live chat support from Orbex.

We tested communicating with Orbex customer support in multiple languages and countries. Orbex made an effort to resolve the issues we had.

Email Support at Orbex

Our experience with Orbex email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.

Phone Support at Orbex

Our experience with Orbex phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with Orbex.

See how Orbex Support Compares Against Other Brokers

Broker Orbex IC Markets Roboforex eToro
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, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Orbex Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

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).

As a new client of Orbex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Orbex in your region. During the Orbex account opening process, you will be asked to provide Orbex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Orbex have the following documents available.

  • Orbex require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Orbex compliance. This must be dated within the last six months.
  • If you plan to fund your Orbex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Orbex platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Orbex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Orbex's platform.

However, remember that you won't be able to make trades on Orbex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Orbex KYC compliance process as soon as possible to avoid any delays in accessing the Orbex platform's features.

It is important to note that Orbex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Orbex platform and features immediately. However, you must pass the verification process to start live trading with Orbex, which can take up to a few business days.

To start the process of opening an account with Orbex you can visit the Orbex trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested 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 investment advice. All information collected from https://www.orbex.com/ on September 19, 2023.

Is Orbex A Good Broker?

We have spent over 5 years examining Orbex in depth. Although we found some very useful aspects of the Orbex platform that would be useful to some traders. We feel that a alternative to Orbex may better suit you.

  • Orbex have a good track record of offering Binary Options.
  • Orbex has a history of over 14 years.
  • Orbex has a reasonable sized customer support of at least 10.
  • Orbex are regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Orbex is subject to strict regulatory oversight from its respective jurisdiction, which holds Orbex (the broker) accountable for misconduct. This regulatory framework helps ensure that Orbex operates fairly and transparently and provides Orbex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Orbex.
  • Orbex have regulation from reputable regulators.
  • One of the advantages of using Orbex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Orbex are particularly important as Orbex traders want to receive their money quickly. With the efficient Orbex payment processing system, traders can enjoy faster access to their Orbex funds.
  • Orbex have an international presence in multiple countries. Including local Orbex seminars and training.
  • Orbex can hire people from various locations in the world who can better communicate in your local language.

Orbex Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

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.

After extensive research over several years, we have compiled a list of the most effective Orbex alternatives available today. If you are unsatisfied with Orbex or want to explore other options, we recommend checking out our carefully curated list of highly-rated Orbex alternatives. Follow the links below to learn more about these Orbex broker alternatives and choose the one that best suits your trading needs.

Related Orbex Vs Comparisons

Throughout our comprehensive Orbex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Orbex against other popular brokers in the industry, check out our Orbex Vs pages. Our team has compiled a series of detailed Orbex comparison articles, pitting the Orbex platform against some of the best-rated Orbex competitors in the market. Dive into our informative Orbex Vs pages below to find out how Orbex stacks up against other leading brokers.

Orbex review
ORBEX Frequently Asked Questions

Read our detailed Orbex FAQ Section updated for 2023.

Can I try Orbex?

Orbex offer a demo account so you can try the Orbex platform with virtual trading before you put down a payment. Virtual trading with Orbex is zero risk. Learn more here

What funding methods do Orbex accept?

Please note that the list of payment methods below depends on the Orbex Entity and the client's 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 have over 10,000 users. Orbex are considered reliable 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 bank's financial health and strength.Trading with Orbex is risky, and because the market is so volatile, losses could happen at any time.

Losses can exceed deposits

Is Orbex trading good?

Orbex is considered good and reputable to trade with Orbex. Orbex is used by over 10,000 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 14 years. Orbex offers clients Binary Options trading. All funds deposited to Orbex are held in segregated 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 allows Binary Options trading. 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.

Is Orbex trustworthy broker?

Orbex is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Orbex, money is in a segregated bank account that is separate from Orbex company's funds. As a regulated broker, Orbex cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Orbex. Instead, your Orbex funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Orbex. Also Orbex is regulated in its local jurisdictions including major financial regulators like 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 depending on the method but averages 1-5 days.

Is Orbex regulated?

Orbex is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Regulatory bodies conduct regular reviews and audits as part of Orbex maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Orbex a market maker?

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

How can I start trading with Orbex?

When opening a trading account with Orbex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Orbex trading platforms, you can follow the link provided below: Learn more about signing up with the Orbex trading platform here. This will provide useful information and insights into the various trading platforms offered by Orbex, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Orbex?

Yes your money is safe with Orbex.

Overall, strict financial regulation is essential for ensuring that trading platforms like Orbex operate fairly, transparently, and responsibly, which ultimately benefits all Orbex stakeholders involved.

Trading platforms like Orbex must have strict financial regulation for several reasons:

  • Protecting Orbex Investors: Strict financial regulation ensures that investors who use the Orbex trading platform are protected against fraudulent or unethical behavior by the Orbex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Orbex platform.
  • Maintaining Orbex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Orbex trading platform. Regulatory procedures reduce the likelihood of the Orbex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Orbex Transparency: Regulations require trading platforms like Orbex to maintain detailed records and disclose Orbex client information. Financial regulatory requirements enhances transparency and helps to build trust between the Orbex platform and its investors.

Orbex is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). When selecting a broker such as Orbex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Orbex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Orbex.

Is Orbex a con?

Orbex is regulated and well established, having been in business for over 14 years. Orbex is 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 10,000 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, 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 guaranteed 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 an Islamic account.

What are the funding methods for Orbex?

Please note that funding methods and options available with Orbex can be found in the Orbex Members area and depend on the Orbex clientโ€™s country of residence. Please check your specific available payment methods on the Orbex website. 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 editors, 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 of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, 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