Score

6.53 /10
Average

ORBEX

Regulated in Cyprus

Market Maker (MM)

MT4 Full License

United Kingdom European Authorized Representative (EEA) Revoked

High potential risk

D
B

Add brokers

Comparison

Quantity 29

Exposure

Open Account
Website

Score

Regulatory Index6.67

Business Index8.58

Risk Management Index0.00

Software Index9.47

License Index6.67

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2025-06-29
  • The number of the complaints received by WikiFX have reached 28 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • United KingdomFCA (license number: 553071) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

ORBEX · Benchmark
Average transaction speed(ms)
494.6
The highest transaction speed(ms)
395 Poor
The highest speed of opening positions(ms)
426 Poor
The highest speed of closing position(ms)
395
The lowest speed of opening positions(ms)
798 Great
The lowest speed of closing position(ms)
719 Great
Ranking: 130 / 130
Test user 269
Transactions 2,977
Ocuppied margin $189,098 USD
Data Source WikiFX Data provide
Updated: 2025-06-26 01:06:00
Pyramid scheme complaint
Expose
Scam

My name is ADNAN ARIKAN; Orbex FX is deceiving people.

Orbex fx is deceiving customers by promising a 150% bonus for investment and thus persuading investors to make investments, then without any reason, it withdraws the bonus defined while the investor's trades are still ongoing and forces the investor to stop out. Afterwards, it does not compensate for its mistake. 🌑 It is definitely not a reliable institution. The so-called 150% bonus is a trap aimed at deceiving people, I do not recommend anyone to invest.

2024-12-02 18:55
Scam

Complaint Against Orbexforex.com (Offshore Branch

Hello, I am writing to formally file a complaint against the broker Orbexforex.com, which operates as the offshore branch of Orbex.com. This broker has deducted 3% for deposits and another 3% for withdrawals, amounting to a total of 6% of my funds, without prior notification or my explicit consent. Despite my inquiries, they have failed to provide a clear explanation for these charges. Additionally, their customer support team has been disrespectful and unprofessional in their responses. The broker's high spreads and excessive commissions make it nearly impossible to trade profitably. Moreover, slippage and candle manipulation occur frequently, further disadvantaging traders. It is evident that Orbexforex.com has turned into a platform for exploiting traders, hiding under the guise of regulatory oversight and leveraging aggressive marketing campaigns to attract unsuspecting clients. I kindly request that this matter be thoroughly investigated and appropriate action be taken against

2025-01-01 19:35
    Sources
    ORBEX · Company summary
    ORBEX Review Summary
    Founded/
    Registered Country/RegionCyprus
    RegulationCYSEC
    Market InstrumentsForex, precious metals, energies, indices
    Demo Account
    Islamic Account
    LeverageUp to 1:500
    SpreadFrom 1.5 pips (Starter account)
    Trading PlatformMT4
    Minimum Deposit$100
    Customer Support24/5 support, live chat, contact form
    Tel: +357 25588855; +357 25588853
    Email:support@orbex.com.cy
    Address: 82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus
    Facebook, X, LinkedIn,Twitter

    ORBEX Information

    ORBEX is a regulated broker, offering trading on forex, precious metals, energies, indices, and market holidays with leverage up to 1:500 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $100.

    ORBEX Information

    Pros and Cons

    Pros Cons
    Regulated by CYSECTrading fees applied
    Demo accounts
    Various trading products
    MT4 platform
    No deposit and withdrawal fees
    Live chat support
    Popular payment options

    Is ORBEX Legit?

    Yes. ORBEX is licensed by Cyprus Securities and Exchange Commission (CYSEC) with license number 124/10 to offer services and provides negative balance protection.

    Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
    CyprusCYSECRegulatedORBEX LtdMarket Maker (MM)124/10
    license

    What Can I Trade on ORBEX?

    ORBEX offers trading on forex, precious metals, energies, and indices.

    ORBEX Clients can execute trades 24 hours a day from 00:05 on Monday until 23:30 on Friday (Cyprus Time), except for some instruments which halt at different times, such as a break.

    Tradable Instruments Supported
    Forex
    Precious Metals
    Energies
    Cash Indices
    Futures Indices
    Stocks
    Cryptocurrencies
    Bonds
    Options
    ETFs

    Account Type

    ORBEX offers demo accounts and Islamic (Swap Free) accounts. And here are four account types ORBEX offers: Starter account, Premium account, and Ultimate account.

    Account TypeMinimum Deposit
    Starter $100
    Premium $500
    Ultimate $25,000
    Account Type

    Leverage

    ORBEX offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

    ORBEX Fees

    Account TypeSpread Commission
    StarterFrom 1.5 pips$0
    Premium From 0.0 pips$8
    Ultimate $5

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT4Desktop, MAC OS, Android, iPhone, Multi TerminalBeginners
    MT5/Experienced traders

    Deposit and Withdrawal

    Orbex accepts payments Credit/Debit cards, Skrill/Moneybookers, Neteller, Wire Transfer, and Klarna/Sofort.

    Payment OptionsDeposit/Withdrawal Fees Deposit Time Withdrawal Time
    Skrill0Up to 2 hoursUp to 24 hours
    Direct Debit / Credit Cards3-5 business days
    Bank Wire3-5 business days
    NETELLERUp to 2 hoursUp to 24 hours
    Klarna/Sofort
    Deposit and Withdrawal

    News

    NewsOrbex Won "Best CFD Broker Asia 2023” Award

    Orbex, a leading online trading broker, has recently been awarded the prestigious title of "Best CFD Broker Asia."at the Mumbai Money Expo 2023, the largest financial event in India.

    WikiFX
    2023-08-21 14:28
    Orbex Won "Best CFD Broker Asia 2023” Award

    NewsWikiFX's Latest News About ORBEX's Launch of Top-Tier Analytical Tools

    Orbex, a major investment organization that provides forex and CFD trading services, has just announced the addition of additional top-tier analytical tools to its Trading Central arsenal.

    WikiFX
    2022-07-26 16:54
    WikiFX's Latest News About ORBEX's Launch of Top-Tier Analytical Tools

    NewsUSDCHF Cycle Sub-Waves Y And X Could Be Equal

    The current USDCHF formation indicates that at the end of November, the market completed the actionary wave y of the cycle degree, followed by a cycle intervening wave x.

    WikiFX
    2022-01-28 15:51
    USDCHF Cycle Sub-Waves Y And X Could Be Equal

    NewsIntraday Market Analysis – USD Rally Sees Brief Pause

    The Japanese yen inched higher after January’s Tokyo CPI beat expectations. The US dollar found support in the daily demand zone around 113.50. And that is a sign that upbeat sentiment in the medium-term remains intact

    WikiFX
    2022-01-28 15:45
    Intraday Market Analysis – USD Rally Sees Brief Pause

    User Reviews

    More

    User comment

    10

    Comments

    Write a review

    FX2903987236
    3-6months
    Hello, I am writing to formally file a complaint against the broker Orbexforex.com, which operates as the offshore branch of Orbex.com. This broker has deducted 3% for deposits and another 3% for withdrawals, amounting to a total of 6% of my funds, without prior notification or my explicit consent. Despite my inquiries, they have failed to provide a clear explanation for these charges. Additionally, their customer support team has been disrespectful and unprofessional in their responses. The broker's high spreads and excessive commissions make it nearly impossible to trade profitably. Moreover, slippage and candle manipulation occur frequently, further disadvantaging traders. It is evident that Orbexforex.com has turned into a platform for exploiting traders, hiding under the guise of regulatory oversight and leveraging aggressive marketing campaigns to attract unsuspecting clients. I kindly request that this matter be thoroughly investigated and appropriate action be taken against
    Hello, I am writing to formally file a complaint against the broker Orbexforex.com, which operates as the offshore branch of Orbex.com. This broker has deducted 3% for deposits and another 3% for withdrawals, amounting to a total of 6% of my funds, without prior notification or my explicit consent. Despite my inquiries, they have failed to provide a clear explanation for these charges. Additionally, their customer support team has been disrespectful and unprofessional in their responses. The broker's high spreads and excessive commissions make it nearly impossible to trade profitably. Moreover, slippage and candle manipulation occur frequently, further disadvantaging traders. It is evident that Orbexforex.com has turned into a platform for exploiting traders, hiding under the guise of regulatory oversight and leveraging aggressive marketing campaigns to attract unsuspecting clients. I kindly request that this matter be thoroughly investigated and appropriate action be taken against
    Translate to English
    2025-01-01 19:35
    Reply
    0
    0
    FX3508815941
    6-12months
    Orbex fx yatırım yapana %150 bonus vereceğiz diyerek müşteriyi kandırıyor ve bu sayede yatırımcıya yatırım yaptırıyor, daha sonrasında hiç bir sebep yokken vede yatırımcının açtığı işlemler devam ederken tanımladığı bonusu geriye çekip yatırımcıyı stopout yaptırıyor. Sonrasında da hatasını telafi etmiyor.🌑 Kesinlikle güvenilir bir kurum değil. % 150 dedikleri bonus tastamam insanları kandırmaya yönelik tuzaktır, kimseye yatırım yapmasını tavsiye etmiyorum.
    Orbex fx yatırım yapana %150 bonus vereceğiz diyerek müşteriyi kandırıyor ve bu sayede yatırımcıya yatırım yaptırıyor, daha sonrasında hiç bir sebep yokken vede yatırımcının açtığı işlemler devam ederken tanımladığı bonusu geriye çekip yatırımcıyı stopout yaptırıyor. Sonrasında da hatasını telafi etmiyor.🌑 Kesinlikle güvenilir bir kurum değil. % 150 dedikleri bonus tastamam insanları kandırmaya yönelik tuzaktır, kimseye yatırım yapmasını tavsiye etmiyorum.
    Translate to English
    2024-12-02 18:55
    Reply
    0
    0
    29