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Orbex Information

　　Orbex is a global foreign exchange and CFD broker that provides multi-asset trading services and supports the MT4/MT5 platforms. Orbex is suitable for traders seeking low-latency execution and high leverage, particularly excelling in technical tools and fund security. Novice traders can start with the Starter account, while professional traders can enjoy more favorable trading conditions through the Premium/Ultimate accounts.

Pros and Cons

Is Orbex Legit?

　　Lawful and compliant. Orbex is offshore regulated by FSA with license number SD110.

What Can I Trade on Orbex?

　　Orbex offers over 400 trading instruments. These include forex and contracts for difference (CFDs) covering indices, commodities, stocks, and cryptocurrencies.

Account Type

　　Additionally, a Swap-Free interest-free account is available (religious proof required).

Orbex Fees

　　The spreads and commissions of Orbex vary depending on the account type. For example, in the Starter account, the spread for major currency pairs is 1.5 pips (e.g., EURUSD) with no commission.

　　In Premium/Ultimate accounts, the spread for major currency pairs can be as low as 0.0 pips (e.g., EURUSD), and for cross currency pairs, it ranges from 0.3 to 0.5 pips (e.g., EURGBP). The commission is $8 per lot for Premium accounts and $5 per lot for Ultimate accounts.

Leverage

　　Orbex's maximum leverage is 1:500, applicable to all account types.

Trading Platform

　　Orbex supports both MT4 and MT5, with MT4 enabling multi-device synchronization across Windows, Mac, Android, and iOS. Additionally, investors can register, set up, and manage their trading accounts through the Orbex Mobile App, which is available on the App Store and Google Play.

Deposit and Withdrawal

　　The minimum deposit is $100 (for the Starter account). Payments via VISA/MasterCard, Skrill, Neteller, UnionPay, and cryptocurrencies (USDT) are processed instantly, while bank wire transfers take 3-5 business days. Supported currencies include USD, EUR, GBP, PLN, CNY, etc. (cryptocurrencies are limited to USDT).