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Orbex Minimum Deposit

Orbex Minimum Deposits

 

The Orbex minimum deposit amount to open a real trading account is 200 (two hundred) US dollars. The minimum deposit for the fixed account is $500. The minimum deposit for the Premium account is $5000 and the minimum deposit for the Ulitmate account is $25 000.

 

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 Minimum Deposit – 4 key points quick overview:

 

The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours

 

The minimum deposit amount of US Dollar 200 when registering a live account is equivalent to ZAR3,558.29 at the current exchange rate between US Dollar and South African Rand on the day and at the time that this article was written.

 

They are based in Cyprus and is authorized and regulated by one of the strictest and most demanding regulating entities namely CySEC, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

 

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

 

In addition to ensuring client fund security through segregated accounts, regulated brokers such as Orbex are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

 

Deposit fees and deposit methods

orbex deposits and withdrawals

 

They do not charge any fees when deposits are made into the trader’s account. Traders can make use of the following payment methods through which the minimum deposit amount can be paid:

➡️️​ Credit/Debit Card

➡️️​ Bank Wire Transfer

➡️️​ MoneyBookers

➡️️​ WebMoney

➡️️​ Neteller, and

➡️️​ Fasapay

 

They support the following deposit currencies in which traders can fund their accounts including:

➡️️​ USD

➡️️​ PLN

➡️️​ GBP

➡️️​ EUR, and more

 

Step by step guide to depositing the minimum amount

 

Step 1 – Log in to your Orbex account

traders need to log in to their dashboard.

deposit the minimum deposit orbex step 1.

Step 2 – Click on the “funds” tab and then the “deposit” tab

Once logged in to your dashboard locate the “funds” tab and right under click on the “deposit” tab.

 

deposit the minimum deposit orbex step 2

 

Step 3 – Choose the deposit methods

Choose your preferred deposit method to deposit your funds.

deposit the minimum deposit orbex step 3

 

Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

 

Funds must be transferred in the same currency as the bank account which they are sending it to, to prevent currency conversion fees being charged.

 

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 Pros and Cons

✔️Pros❌Cons
Deposit fees and withdrawal fees are not chargedNone noted
Quick and easy depositing of funds
Most deposit currencies are supported
Variety of payment methods supported

 

You might also like: Orbex Sign Up Bonus

You might also like: Orbex Demo Account

You might also like: Orbex Fees and Spreads

You might also like: Orbex Islamic Account

You might also like: Orbex Account Types

 

FAQ’s

 

What is the minimum deposit for Orbex?

US Dollar 200.

 

How do I make a deposit and withdrawal with Orbex?

You can make use of the following payment methods to deposit or withdraw funds:

  • Credit/Debit Card
  • Bank Wire Transfer
  • MoneyBookers
  • WebMoney
  • Neteller, and
  • Fasapay

 

Does Orbex charge withdrawal fees?

No, Orbex does not charge withdrawal fees

 

How long does it take to make a withdrawal?

Apart from Bank Wire transfers and Credit/Debit Cards, all other payment methods have a 24 hour processing time. Bank Wire Transfer and Credit/Debit Cards take between three to five business days.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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