Orfinex Forex Broker keeps up-to-date with the latest trading account information, including Premium Account , Standard Account, ECN Elite Account maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
User-friendly trading platform (MT5) accessible on web and mobile.
Wide range of trading instruments, including over 40 forex pairs and various commodities.
Low minimum deposit requirement to start trading, at just $1.
Cons
Reports of withdrawal issues and potential scams, raising concerns about reliability.
Lack of robust regulatory oversight, with some licenses being suspicious or revoked.
Limited customer support availability, with no 24/7 assistance.
Orfinex broker Accounts
Premium Account
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
USD 1,000
Minimum Spread
From 0.5
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
500+ FX pairs, Metals CFDs
Standard Account
Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
USD 1
Minimum Spread
From 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
500+ FX pairs, Metals CFDs
ECN Elite Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
USD 5,000
Minimum Spread
From 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$1.50 (USD)
Products
500+ FX pairs, Metals CFDs
Orfinex Account Type
Orfinex offers a variety of trading accounts to cater to different trading styles and experience levels. Here are the types of accounts available:
- Classic Account
- Minimum Deposit: $1
- Spreads: From 1.0 pips
- Commission: None
- Minimum Trade Size: 0.01 lots
- Products: 300+ FX pairs, metals CFDs
- Premium Account
- Minimum Deposit: $1,000
- Spreads: From 0.5 pips
- Commission: $2.00 per trade
- Minimum Trade Size: 0.01 lots
- Products: 500+ FX pairs, metals CFDs
- ECN Account
- Minimum Deposit: $5,000
- Spreads: From 0.0 pips
- Commission: $7.00 per lot
- Minimum Trade Size: 0.01 lots
- Products: 800+ FX pairs, metals CFDs
- Islamic Account
- Available for all account types, designed for traders who adhere to Islamic principles prohibiting interest.
- VIP Elite Account
- Specifically tailored for high-volume traders.
- Minimum Deposit: $10,000
- Lowest Spreads: Available
- Personal Manager: Yes
- Navigate to Your Personal Cabinet: Go to the Orfinex website and log in to your personal cabinet.
- Open New Account: Click on the 'Open New Account' tab.
- Choose Account Type: Select the 'Live Trading Account' option and follow the instructions to complete your application.
- Navigate to Client Portal: Log in to your client portal on the Orfinex website.
- Open New Account: Click on the 'Open New Account' tab.
- Select Demo Trading Account: Choose the 'Demo Trading Account' option and follow the instructions.
These accounts provide features such as negative balance protection, tier-1 client fund security, and professional customer support.
Orfinex Broker Account Opening Process
To open a live account with Orfinex, follow these steps:
For demo accounts, the process is similar:
For more details, visit the sources:
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Orfinex accounts can be viewed for products that can be traded 500+ FX pairs, Metals CFDs accounts with a minimum deposit of USD 1,000 by (2+) --.