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Orbex Fees and Spreads

Orbex Fees and Spreads

 

Orbex fees spread and commissions start from US Dollar 3.5 per lot with spreads from 0.0 pips. Orbex does not charge any deposit fees or withdrawal fees. Orbex also charges an inactive fee of $20 per month.

 

Orbex at a Glance

Broker's NameOrbex
📍 HeadquarteredOrbex Holding LTD is based in Cyprus and Orbex Global LTD in Mauritius
📅 Year Founded2011
⚖️ Regulating AuthoritiesCySEC, FSC
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit$200
💳 Deposit OptionsCredit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna
💳 Withdrawal OptionsCredit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna
💻 Platform TypesMetaTrader 4
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
📈 Tradable assets offeredForex, Energies, Precious Metals, Cash Indices
👨‍💼 Languages supported on Website English, Spanish, Bengali, German, Polish, Italian, Arabic, Japanese, Vietnamese, Russian and more
👥 Customer Support LanguagesEnglish, Spanish, Arabic, German, Japanese, Chinese, Russian, Greek, Polish, Other
📆 Customer Service Hours24/5

 

Overall Rating

4.8/5

Rated #53 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

FSC

📱 Trading Desk

MetaTrader 4 

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Orbex Fees and Spreads – 4 key points quick overview:

 

Orbex has a low and incredibly competitive spread when compared to what other brokers offer by offering a spread list that starts from 0.0 pips along with commissions charged at US Dollar 5 when using the Ultimate Account.

 

Orbex trading fees are according to the type of account that the trader chooses and the options along with the spread list, leverage, minimum deposit required, and commissions are as follows:

➡️️​ Fixed Account – minimum deposit of US Dollar 500, leverage up to 1:500, zero commissions charged, and fixed spreads from 1.9 pips.

➡️️​ Starter Account – minimum deposit of US Dollar 200, leverage of up to 1:500, zero commissions charged, and fixed spreads from 1.7 pips.

➡️️​ Premium Account – minimum deposit of US Dollar 5,000, leverage of up to 1:500, US Dollar 8 commission charged on trades and spreads from 0.0 pips.

➡️️​ Ultimate Account – minimum deposit of US Dollar 25,000, leverage of up to 1:500, US Dollar 5 commission charged on trades and spreads from 0.0 pips.

 

Traders should acknowledge that the amount of leverage that they qualify for will depend on the trading volume, leverage of 1:500 is available with volumes of 0-19.99 lots, 1:300 when trading 20-39.99 lots, and 1:100 when trading 40 lots or more.

 

Orbex Other Fees

orbex fees and spreads

 

Traders should note that certain financial instruments can only be traded during a certain time of the day, especially when considering different time zones, and additional fees may be charged should they hold these positions after they have closed.

 

Traders should always note that Overnight fees, otherwise known as swap fees or rollover fees, may be charged for positions held open for longer than a day.

 

Orbex offers the option of an Islamic account to traders who are of Muslim faith and who operate under Sharia Law.

 

Muslim traders who make use of this account option will be charged for storage fees per lot that depend on the financial instrument as well as the duration that the position is kept open with fees ranging from US Dollar 5 to US Dollar 70.

 

Orbex does not offer traders spread betting and therefore spread betting fees do not apply to this broker.

 

Overall Rating

4.8/5

Rated #53 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

FSC

📱 Trading Desk

MetaTrader 4 

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Orbex Broker Fees

orbex fees

 

Orbex does not charge any deposit fees or withdrawal fees. Orbex charges an inactivity fee should the trading account be left inactive for a period of six consecutive months. The fee that will be charged in US Dollar 20 or currency equivalent per month until the account is deemed active or the account balance reaches zero.

 

Orbex Pros and Cons

✔️ Pros❌ Cons
Tight and competitive spreadsIslamic/Swap-free accounts charged for storage
Low minimum initial deposit amountInactivity fee charged
Fixed commissions on trades
Low commissions when compared to other brokers

 

You might also like: Orbex Minimum Deposit

You might also like: Orbex Demo Account

You might also like: Orbex Sign up Bonus

You might also like: Orbex Account types

You might also like: Orbex Islamic Account

 

FAQ’s

 

How many instruments can I trade with Orbex?

You can trade the following instruments:

  • Forex
  • Energies
  • Precious Metals, and
  • Cash Indices

 

Which platforms are supported by Orbex?

Orbex provides the following popular trading platforms:

  • MetaTrader 4

 

Does Orbex offer leverage?

Yes.

Traders have access to leverage of up to 1:500 if trading volume is between 0-19.99 lots, 1:300 when trading 20-39.99 lots, and 1:100 when trading 40 lots or more.

 

What spreads can I expect with Orbex?

Spreads from as little as 0.0 pips.

 

Does Orbex charge commission?

Yes, Commissions are charged at US Dollar 5 when using the Ultimate Account.

 

Is Orbex regulated?

Yes, Orbex is regulated by the highly reputed CySEC in Cyprus.

 

Is Orbex a recommended forex trading broker for experts and beginners?

Yes, Orbex is suitable for both beginner and expert traders.

 

What is the overall rating out of 10 for Orbex?

8/10

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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