Orbex Review 2024 (Expert Review)

Orbex Review Summary

Orbex is a well-equipped online brokerage and their team of highly experienced traders is diverse, and the company's platform and services are easy to use. They also offer a variety of account types to meet the needs of all their customers. This is a great option for newbies to the world of online trading. And if you're new to the world of forex trading, Orbex is an excellent place to start. Besides offering an excellent trading experience, Orbex also has a high degree of customer support. The firm's customer service representatives are available 24 hours a day, 7 days a week via live chat, email, and contact form. They also offer a detailed Help Centre that contains a wealth of information on trading and currency pairs.

Orbex review
Orbex Platform Features

Orbex main features and highlights
๐Ÿ—บ๏ธ Country of regulation Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BAFIN), Mauritius Financial Services Commission (FSC)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 200
๐Ÿ•– Time to open a Orbex account 1-3 Days. *A Orbex demo account can be opened in a few minutes, but live Orbex trading account creation times will vary depending on how long it takes to process your Orbex KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 4
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Majors, Indices, Energies, Metals,

Orbex review
Orbex Financial Regulation

Orbex is regulated by Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BAFIN), Mauritius Financial Services Commission (FSC).

Orbex review
Orbex Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Orbex include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Orbex can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

Orbex review
Orbex Advantages

One of the main advantages of using Orbex is around the clock service and support as well as research offerings. Not only this, but Orbex has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Orbex with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Orbex makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Orbex offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • Orbex has been in business over 10 years.
  • Orbex offers Neteller as a payment method.
  • Orbexoffers Islamic Accounts.
  • Orbex offers ECN trading.
  • Orbex offers a Apple Mac desktop trading platform.
  • Orbex offers Hedging.
  • Orbex offers Scalping.
  • Orbex does not have inactivity fees.

Orbex review
Orbex Disadvantages

Although Orbex has a lot of good points Orbex does not offer the below.

Orbex Review Risk Warning: Losses can exceed deposits.

Orbex Review

Orbex review
Things to understand when trading with Orbex

Online trading on trading platforms like Orbex have seen huge growth in the last 3 years. Trading with Orbex requires that you take the time to learn how financial markets work and are able to trade with Orbex using in depth technical analysis and Orbex risk management trading tools. Trading with Orbex involves risk. You should only risk capital with Orbex that you can afford to lose. Understand your risk tolerance with Orbex, and have a trading strategy that Orbex is able to help you execute. Orbex is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Orbex give you access too.

Orbex review
Orbex Trading Fees

Trading fees on Orbex are taken in the form of the spreads Orbex offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Orbex. Orbex fees vary depending on the financial instruments traded and can include, Orbex overnight funding fees, spreads, margins and Orbex inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Orbex account charged by your 3rd party payment provider if your Orbex base currency is different from your Orbex withdrawal method.

NameOrbexIC MarketsRoboforex
Account FeesNoNo
Withdrawal FeesNoNoYes
Deposit FeesNo
Inactivity FeeNoNoNo
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Orbex review
Orbex Financial Instrument Fees

Orbex fees for Forex, Majors, Indices, Energies, Metals, are listed below.

Orbex review
Orbex Stock Trading Fees

The majority of Orbex trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Orbex stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

Orbex review
Orbex Forex Fees

Commission on Orbex Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Orbex Forex fees is based on their trade size. To calculate Orbex Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

Orbex review
Orbex Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Orbex cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Orbex cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

Orbex review
Orbex Non Trading Fees

Orbex non-trading fees include a variety of Orbex brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Orbex trading platform. The most common non-trading fees include Orbex withdrawal fees, Orbex deposit fees and Orbex inactivity fees.

Orbex review
Orbex Deposit Fees

Orbex does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, Orbex does not do this.

Orbex review
Orbex Inactivity Fees

Orbex does not charge traders inactivity fees. Orbex does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

Orbex review
Orbex Withdrawal Fees

Orbex does not charge withdrawal fees. Withdrawals fees vary between Orbex and Orbex alternatives depending on where you are located and how much money you are withdrawing.

Orbex review
Orbex Account Fees

Orbex does not charge account fees. Account fees charged differ between Orbex and other brokers. An account is a fee that Orbex and other brokers assesses on all accounts for the ability to keep an account on their platform.

Orbex review
Orbex Account Opening

The Orbex account registration process is simple, user-friendly, and quick. Within 1-3 Days most Orbex trading accounts are ready for live trades. Our Orbex account was validated in 1 day, but live Orbex trading account verification times will vary depending on the time it takes to process your KYC documents and Orbex trading account application. A Orbex demo account can be opened in a few minutes.

Orbex trading accounts are available in over 194 countries. Orbex is restricted in the following countries.

Apart from the restricted countries a Orbex trading account can be opened globally.

The Orbex trading platform is available for residents in US. Some financial instruments Orbex offer may be restricted in your country.

  • Fast Orbex account opening.
  • Orbex accounts can be opened and KYC can be verified digitally.
  • Orbex minimum deposit is 200 USD / GBP / EURO.
  • Orbex trading account verification may be held up for longer than a day if there is an issue with verifying your account.

Orbex review
Orbex Deposit And Withdrawal

Orbex Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, PLN are supported by Orbex as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Orbex offers the following account USD, GBP, EUR, PLN.

When trading make sure your Orbex trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Orbex has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameOrbexIC MarketsRoboforex
Number Of Currencies4104
Base CurrenciesUSD, GBP, EUR, PLNUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Orbex review
Orbex Deposit Fees and Deposit Methods

Investors can log in to their Orbex trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Orbex trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Orbex Deposit Fees

Making a deposit on your Orbex account is free.

Orbex Deposit Methods

There are several methods through which you can deposit money into your Orbex account. One can use a credit or debit card and Orbex accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Orbex account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Orbex account. Funding methods for Orbex include Credit cards, Bank Transfer, Neteller, WebMoney, FasaPay, Debit cards, .

Orbex review
Orbex Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Orbex brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Orbex positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Orbex account.

NameOrbexIC MarketsRoboforex
Funding MethodsCredit cards, Bank Transfer, Neteller, WebMoney, FasaPay, Debit cards, Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeeNoNoYes
Deposit FeeNoVariesNo
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Orbex Fees When Withdrawing Your Account Balance

Orbex do not charge withdrawal fees. Some withdrawal fees are out of the control of Orbex and may be due to 3rd party payment providers and your account base currency.

Orbex Withdrawal Methods

Log into your Orbex trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Orbex account to your bank account. To withdraw money from your Orbex account you can use credit or debit cards. Orbex processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Orbex processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

Orbex review
Orbex Trading Platforms

As there are a number of tradable financial instruments available on the Orbex trading platform. Before investing in the Orbex platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Orbex platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Orbex offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on Orbex is available. Another thing to consider is your financial goals. Make sure that a Orbex account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Orbex account. Ensure that Orbex allows you to focus on the type of trading that you want to focus on.

Make sure Orbex is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Orbex, think about how easy it is to use for your personal needs. Does the Orbex platform offer real-time updates or delayed updates that are more informed? Remember to check if Orbex is well regulated, and what tradeable financial instruments Orbex has. Security is very important when it comes to trading with Orbex.

Orbex Web Trading Platform

A Orbex web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Orbex which acts as a financial intermediary. Orbex is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Orbex mobile trading platform.

Orbex Apple IOS Trading Platform

A Orbex iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Orbex Google Play Android Trading Platform

A Orbex Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

Orbex review
Orbex Mobile Trading User Experience

Orbex mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Orbex mobile trading refers to trading using a mobile phone.

Leading brokerages like Orbex offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Orbex portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Orbex. Once you have download the Orbex trading app, you are ready to begin.

Orbex review
Orbex Desktop Computer Trading Platform

A Orbex computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Orbex desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Orbex desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Orbex MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

Orbex PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Orbex. A trading computer with access to a Orbex PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Orbex Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Orbex trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Orbex trading platform is very user friendly on a Mac device.

Orbex review
Orbex Trading Look And Feel

The Orbex user interface (UI) is what Orbex traders will see and interact with first when trading with the Orbex trading platform. The Orbex is well designed. The goal of the Orbex trading UI is to make the Orbex user's experience intuitive. The Orbex application has good user experience and a good level of customer satisfaction.

Orbex Security

Orbex is a secure trading platform. Orbex offers traders security via 2 factor authentication, SSL encription when trading with Orbex. Orbex trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Orbex. Rate limitation on Orbex suspicious account activities is another layer of protection that is provided for Orbex trading accounts, for example multiple failed login attempts with Orbex. You have the option to further safeguard your account by using Orbex Two-Factor Authentication (2FA), which provides an extra layer of security.

The Orbex trading infrastructure is constantly watched and guarded by a trained team at Orbex In addition, Orbex never send sensitive information without first encrypting on the Orbex trading platform using transport layer security (TLS) and SSL.

Orbex review
Placing A Buy Or Sell Order On Orbex

Available Orbex order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Orbex Market Order

A Orbex market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Orbex market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Orbex market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Orbex Limit Order

A Orbex limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Orbex Stop Order

A Orbex stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Orbex Stop Limit Order

A Orbex stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Orbex stop-limit order triggers a limit order when a stock price hits the stop level. A Orbex stop-limit order can be helpful when trading if you are unable to watch your trades all day.

Orbex review
Orbex Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

Orbex review
Orbex Trading Platform Features

Online trading platforms like Orbex are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Orbex. The Orbex trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Orbex.

Orbex Margin Trading

Orbex margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Orbex margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

Orbex review
Orbex Account Types

Orbex Demo Account

Orbex offers demo accounts that gives traders the ability to purchase and sell Orbex financial instruments in a practice environment, using fake Orbex digital money and live market conditions and data. When you practise on a Orbex demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Orbex platform. Orbex demo accounts allow you to experience and practice a variety of market charts, Orbex trading indicators, and trading strategies using Orbex.

Orbex Standard Account

Orbex offers a standard trading account, allowing Orbex traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Orbex trading platform.

Orbex STP Account

Orbex STP (Straight Through Processing) account is a Orbex trading feature that involves sending Orbex client orders directly to the market without passing them through a dealing desk. A Orbex STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

Orbex ECN Account

A Orbex ECN (Electronic Communications Network) account is a pure order-matching execution system, where Orbex, as a provider, charges a commission per Orbex trade instead of inflating the spread, occurring more naturally within the Orbex order-matching process. A Orbex ECN is a financial intermediary that uses electronic communications networks to give Orbex clients direct access to other participants in equity and currency markets. As an ECN broker, Orbex only matches Orbex trades between other market participants; it cannot trade against the Orbex client.

Orbex DMA Accounts

Orbex Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the Orbex financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, Orbex might use direct market access to place trades themselves. Orbex DMA accounts make individual contracts with each liquidity provider.

Orbex Islamic Accounts

Orbex islamic accounts respect Islamic finance law. Orbex swap free accounts do not accumilate interest and Orbex transactions are actioned immediately. A Orbex Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using Orbex following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Orbex Islamic accounts do not pay or receive interest rates.

Orbex review
Orbex Tradable Financial Instruments

Orbex tradable financial instruments are the financial instruments that are specifically available to trade on the Orbex trading platform. This refers to the different types of financial markets you can trade with through Orbex. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Orbex.

NameOrbexIC MarketsRoboforex
CFD TradingNoYesYes
Stock MarketsNo210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Orbex review
Orbex Trading Stocks

Stock trading with Orbex is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Orbex; if you possess the stock on Orbex, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Orbex involves purchasing and selling stocks and share using Orbex periodically in order to time trades against the stock markets, with the aim of using Orbex to profit from your stock trading. Orbex stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Orbex. Stock traders on Orbex conduct significant study, frequently dedicating several hours every day to market monitoring using Orbex trading tools.

Orbex review
Orbex Trading ETFs

What Are ETFs

Orbex does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Orbex does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

Orbex review
Orbex Trading Cryptocurrencies

Orbex does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by Orbex, so you will need to find a Orbex alternative that allows you to buy and sell the underlying cryptocurrency assets. Orbex CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Orbex alternative and make sure you undertand the risks fully before trading.

Orbex review
Orbex Forex Trading

Forex trading with Orbex is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Orbex. The main aim of Orbex Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Orbex. As a Orbex Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Orbex. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Orbex. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Orbex.

Orbex review
Orbex Commodities Trading

Commodity trading is a type of trading available on Orbex where individuals or businesses buy and sell financial instruments using Orbex related to commodities, such as metals or oil.

Orbex review
Orbex Options Trading

Orbex options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Orbex option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

Orbex review
Orbex Futures Trading

Futures trading with Orbex is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Orbex to facilitate the trade. A Orbex futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Orbex. Typically, futures contracts are traded on an exchange such as Orbex; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Orbex trader to the contract agrees to provide it.

Orbex review
Orbex Bonds Trading

Bonds trading on Orbex is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Orbex trader. Bonds can be bought and sold on Orbex after they are issued. While some bonds are traded publicly through Orbex, most trade over-the-counter between large broker-dealers like Orbex acting on their clients' or their own behalf. Yield is therefore based on the Orbex purchase price of the bond as well as the coupon.

Orbex CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameOrbexIC MarketsRoboforex
Forex CFD156135
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Orbex review
Orbex Trading Research Tools

Taking advantage of Orbex trading research tools which are designed to help traders analyse potential investments using the Orbex trading platform. Some Orbex research tools include charts, technical analysis, and Orbex trading indicators.

Orbex Trading News

Traders can follow the markets and make wise investment decisions on Orbex by using the news to help form a strategy when it comes to choosing investments. A Orbex news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Orbex Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Orbex economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Orbex Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Orbex fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Orbex Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Orbex are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Orbex portfolios

Trading portfolios are useful when trading with Orbex.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Orbex trading portfolio is a traders collection of investments, which may include a variety of Orbex financial instruments.

Orbex review
Orbex Payment Methods

A Orbex payment method is required to fund your Orbex trading account before placing a buy or sell order on a financial instrument.

When trading with Orbex, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Orbex do not have any control over.

NameOrbexIC MarketsRoboforex
Payment MethodsCashu, Credit Card, FasaPay, Neteller, Skrill, Visa, WebmoneyBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Orbex review
Orbex Withdrawl Methods

When trading with Orbex at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Orbex account balance. Orbex may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Orbex account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Orbex Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Orbex account.

Withdrawal requests can take up to three business days to be processed by Orbex.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Orbex should arrive in less than 24 hours.

Orbex review
Orbex Customer Support

Customer support represents the resources within the Orbex company that provides technical assistance to its customers after they use the Orbex service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Orbex offer email, livechat, phone, customer support.

Orbex Email Support

Orbex offers email support.

Email support is a a convenient method of Orbex customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Orbex regarding your support request.

Orbex Livechat Support

Orbex offers livechat support.

Orbex live chat support is a way for customers to obtain help from Orbex through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Orbex Telephone Support

Orbex offers telephone support.

Orbex telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Orbex call centre to give or take information.

Orbex review
Orbex Educational Resources

Orbex educational resources are used throughout the Orbex learning environment to help and assist with customer's development and learning of trading on Orbex. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Orbex trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

Orbex Trading Platform Tutorials

Orbex offer a range of learning resources and tutorials and guides made available to registered Orbex users. The Orbex guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Orbex users on basic trading principles.

Orbex Trading Videos

Orbex offer a selection of online trading videos.

Trading videos on Orbex help new and even more experienced investors gain insights into Orbex technical analysis tools and how the different financial markets work when trading on Orbex.

Orbex trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Orbex training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Orbex to trade live financial markets.

Orbex Webinars

Orbex offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Orbex clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Orbex trading platform.

Orbex review
Orbex Financial Regulation When Trading

Financial regulations on Orbex protect consumers' investments. Regulations prevent financial fraud and limit the risks that Orbex as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Orbex financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Orbex Regulated?

Orbex is regulated by Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BAFIN), Mauritius Financial Services Commission (FSC).

Orbex is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Orbex are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Orbex investors, directly with financial regulators in your country.

Orbex Regulatory Protection Limits

When registering with Orbex you must check with regulatory body your Orbex trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Orbex account is over seen by. Orbex client funds are stored in segregated 3rd party bank account in accordance with Orbex financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

Orbex Trading Signals

Orbex does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Orbex make money?

Because Orbex acts as an intermediary, Orbex gets compensated on buy and sell transactions of financial instruments. As a result, Orbex profit is determined by the volume and number of transactions. Orbex earns revenue to fund their Orbex platforms and wide range of trading services through market spreads.

Can you buy shares on Orbex?

Orbex does not provide customers with real company shares trading.

Does Orbex offer Cryptocurrency?

Orbex does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

Orbex Lower fees, lower costs?

Orbex have reasonable trading fees and costs. Orbex may charge a deposit fee. Orbex may charge a withdrawal fee. Some withdrawal fees are out of the control of Orbex and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Orbex minimum deposit is 200 USD / GBP / EUR.

How to start your Orbex account?

You can sign up for a live or demo Orbex trading account by visiting Orbex and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Orbex account here.

How's the Orbex trading app?

Orbex allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Orbex trading app here. Losses can exceed deposits

Is the quality of Orbex customer service satisfactory?

Orbex have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

Orbex do offer a demo account but Orbex is aimed at more experienced traders.

How do you withdraw money from Orbex?

Orbex offer a good selection of withdrawal options. Once Orbex have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best Orbex Alternatives Reviews

If Orbex isnt quite what you are looking for you can check out some of the best Orbex alternatives below.




Best Orbex Alternatives In Detail

If you would like to see Orbex compared agains some of the best Orbex alternatives available right now you can do so by clicking on the links below.

Check out RoboForex โ€“ Professional services on Forex market

Ashly Chole - Senior Finance & Technology Editor

Orbex Review 2024 (Expert Review) guide updated 23/07/24