Orbex Forex Broker

Orbex Review SummaryFounded2017-07-31Registered Country/RegionMauritiusRegulationOffshore RegulatedMarket InstrumentsForex, Commodities, Stocks, Cryptocurrencies, IndicesDemo Account/LeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformMT4 (Windows, Mac, Android, iOS), MT5 (Windows, MacOS, Android), and Orbex Mobile AppMin Deposit$100Customer Supportsupport@orbex.comFacebook, Twitter, LinkedIn, YouTube, Instagram, TikTok, TelegramGround Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of MauritiusOrbex 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 ConsPros Cons Offshore RegulatedReligious proof is required for Swap-Free accountsFlexible account typesCryptocurrency deposit fees (for amounts below 50 USDT)MT4/MT5 available24/5 multilingual customer serviceLeverage up to 1:500Is 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.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Cryptocurrencies✔Indices✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account TypeSpecificationsStarterPremiumUltimateMinimum Investment$100$500$25000SpreadsVariableFrom 0.0 pipsFrom 0.0 pipsCommissions$0$8$5LeverageUp to 1:500Up to 1:500Up to 1:500Minimum size0.01lots0.01 lots0.01 lotsStop Out20%20%20%Margin Call100%100%100%Execution typeNDDNDDNDDScalping✔✔✔EAs✔✔✔Trading Central✔✔✔VPS i✔✔✔WebinarsMonthlyExclusiveExclusiveTraining SessionsX1x(1 on1)3 x (1 on1)EducationBasicAdvancedAdvanced 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.Trading PlatformSupported Available Devices Suitable for MT4✔Windows, Mac, Android, iOSBeginnersMT5✔Windows, MacOS, AndroidExperienced TradersOrbex Mobile App✔-All TradersDeposit 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).