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Orbex review

Orbex review: regulation (Yes), minimum deposit 100, leverage up to 1:500, platforms and current bonuses.

4.5of 5
Open account
Minimum deposit100
Max. leverage1:500
Spread from0.3
Founded2015

Trading conditions

Broker type
ECN /STD
Minimum deposit
100
Maximum leverage
1:500
Minimum spread
0.3
Platforms
MetaTrader 4 (MT4) (MT5) MetaWeb
Account currencies
USD

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer -
Withdrawal methods
Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer -

Company

Regulation
Yes
Founded
2015
Country
Cyprus
Address
CyprusOffice 3501, 5th floor,Maximos Plaza Tower 3,Maximos Michaelidi Street,Limassol 3106, Cyprus
Website languages
English
Phone
+357 25588855

Orbex pros and cons

Pros

  • Regulated by Yes
  • Low minimum deposit: 100
  • Raw spreads from 0.3
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Orbex FAQ

Is Orbex a safe and regulated broker?

Orbex was founded in 2015 and is regulated by Yes. Client funds are held in segregated accounts. Your protection depends on which Orbex entity opens your account.

What is the minimum deposit at Orbex?

The minimum deposit at Orbex is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at Orbex?

Orbex offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Orbex offer a no deposit bonus?

No. Orbex does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Orbex offer?

Orbex supports MetaTrader 4 (MT4) (MT5) MetaWeb. Mobile trading is available.

Does Orbex allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Orbex offer an Islamic (swap-free) account?

Yes. Orbex offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Orbex – NoOpen account