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Orbex Review

Orbex Review

 

Overall, Orbex can be summarised as a credible and trustworthy broker and is considered average-risk. Orbex is an English forex broker company that is based in Limassol, Cyprus, established in 2011. Orbex offers traders the MetaTrader 4 platform to trade on.

 

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 Review – 18 key points quick overview:

 

👉 Orbex works diligently to provide its traders with access to the world’s largest and most liquid financial markets. The company offers multiple trading assets, including forex, indices, commodities, metals, and stock CFDs, as well as highly competitive trading conditions and access to tier-1 bank liquidity.

 

👉 Forex brokers are companies that provide traders with access to platforms that allow them to buy and sell foreign currencies.

 

👉 Forex brokers are also known as retail forex brokers or currency trading brokers. Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes.

 

👉 Forex broker services are also provided for institutional clients and large companies such as investment banks.

 

👉 Orbex upholds a reputation of seasoned expertise within the industry.

 

👉 Orbex is a Cyprus company established in 2011 and has a history of operational and technological background and a range of trading services for multi-asset trading. The company also serves as a representative office in the MENA regions in Kuwait and Jordan.

 

👉 Orbex specializes in CFD online trading on currencies, commodities, futures, and indices (OTC) that are provided with deep liquidity from Tier-1 banks through reliable and fast execution.

 

👉 The company strives to support its customers as traders, providing around-the-clock service, analysis support, and information allowing a trader to focus on their goals.

 

👉 Not only is Orbex a trusted and award-winning broker, but it is also fully licensed by the Mauritius Financial Services Commission (FSC). Adhering to the strictest international regulations, Orbex has worked hard to consolidate its reputation as a trusted broker in the industry.

 

👉 This means offering their traders a secure trading experience, which includes but is not limited to, clients’ fund’s segregation and the strict protection of data and personal information.

 

 

Awards and Recognition

orbex awards

 

Orbex has received many awards since its inception in 2010:

➡️️​ Best Forex Broker in 2019.

➡️️​ Best Trading Education Provider in 2018.

➡️️​ Best Education Provider in 2016.

➡️️​ Best Analysis Provider in 2016.

➡️️​ Best Affiliate Program Atozforex 2016.

➡️️​ Best FX forecast and Strategy Provider in 2013.

➡️️​ Best FX Technology Provider in 2013.

➡️️​ Fastest Growing Broker in China in 2012.

➡️️​ Best Arabic FX Provider in 2012.

➡️️​ Best FX Arabic Platform 2011.

➡️️​ Best Retail FX Provider 2011.

 

Orbex Accounts

orbex account types

 

👉 A forex account is a trading account held by a trader with a company like Orbex that is primarily issued with the purpose of trading currencies.

 

👉 Usually, the number and type of accounts that a trader can open with a broker company differ according to the country in which the brokerage operates, the country of residence of the trader, and the regulatory authorities under whose jurisdiction it operates.

 

 

Types of Accounts and their Features

Orbex offers the choice between a Fixed, Starter, Premium, or Ultimate account.

 

Starter

orbex starter account

 

➡️️​ Minimum Investment: US Dollar 200

➡️️​ Spread: variable spread

➡️️​ Commissions: No commission

➡️️​ Leverage: Up to 1:500

➡️️​ Webinars: Monthly webinar

 

Premium

orbex premium account

 

➡️️​ Minimum Investment: US Dollar 5 500

➡️️​ Spread: Starts from 0 pip

➡️️​ Commissions: US Dollar 8

➡️️​ Leverage: Up to 1:500

➡️️​ Webinars: Exclusive Webinar + Live trading

 

Ultimate

Orbex ultimate account

 

➡️️​ Minimum Investment: US Dollar 25 000

➡️️​ Spread: Starts from 0 pip

➡️️​ Commissions: US Dollar 5

➡️️​ Leverage: Up to 1:500

➡️️​ Webinars: Exclusive Webinar + Live trading

 

Orbex also offers swap-free forex trading accounts, known as Islamic Forex accounts or Shariah forex accounts.

 

These accounts comply with Islamic religious beliefs and are offered exclusively to Muslim clients. Islamic accounts give their owners an opportunity to hold their positions for an unlimited amount of time.

 

140+ Point Breakdown of Orbex Global 👌

📅 Year Founded2011
📍 Head Office
SILICON AVENUE, 40 CYBERCITY, 2ND FLOOR, SUITE 207, THE CATALYST, 72201 EBENE
☎️ Head Office Telephone Number
442035198170
⚖️ Financial Regulatory Bodies
FSC
✔️ Tier-1 Licenses
✔️ Tier-2 Licenses
✔️ Tier-3 Licenses
🏦 Publicly Traded
No
👥 Active Traders
🏆 Awards
Yes
📊 Trading Desk Type
📈 Trading Model
🇺🇸 Accept US Clients
No
🚀 Welcome Bonus
No
📒 Account Types
Starter, Premium, Ultimate
🌐 Account Open Languages
English, Arabic, German, Spanish, Italian, Chinese, Polish, Bengali
🛡️ Active Trader or VIP Discounts
Yes
☪️ Islamic AccountYes
⌛ Time to open an account
Instant
🔘 Products Offered
Currency pairs, Energies, Stock CFDs, Cash Indices, Future Indices, Futures OTC, Precious Metals
👮 Is Orbex Global safe to trade on?
Yes
🔒 Server Location
UK
⭐ Trust Score

💰Deposit


💰 Minimum Deposit
200 USD
👍 Demo Trading Account available
Yes
💳 Deposit with credit/debit account
Yes
₿ Deposit with Cryptocurrencies
No
💳 Deposit with QIWI
No
💳 Deposit with Bank WireYes
💳 Deposit with Bitpay
No
💳 Deposit with Neteller
Yes
💳 Deposit with Skrill
Yes
💳 Deposit with Electronic Wallet
Yes
💳 Deposit with Paypal
No
💳 Deposit with PayoneerNo
⏱️ Deposit Processing Time Within 10 minutes

📈 Currencies and Pairs


📊 Number of Base Trading Currencies
44
 📊 Trading Indices
15
📊 Trading Stocks
0
📊 Cryptocurrency (Physical)
0
💱 Major Forex Pairs
7
💱 Minor Forex Pairs
29
💱 Exotic Forex Pairs
8
📈 CFDs (Total)
73
📈 Stock Indice CFDs
0
📈 Stock CFDs
66
📈 ETF CFDs
0
📈 Commodity CFDs
7
📈 Blend CFDs
0
📈Bond CFDs
0
📈 Cryptocurrency CFDs
0
📉 Allows Spot forex trading
Yes
📉 Allows Hedging
Yes
📉 Allows Scalping
Yes
📉 Allows Swaps Yes
💰 Maximum Leverage
1:500
💰 SpreadsStarts from 0 pips
💰 Minimum Lot Size0.01
💰 Maximum Lot Size 50
👥 Social / Copy Trading
No
📊 Charting
Yes
📊 AutoChartist
No
👀 Watch list
No
🚨 Trade Alerts
Yes

💰 Fees


💰 Trading Fee Class
Low
💰 Deposit Fee
None
💰 Account Opening Fee
None
💰 Withdrawal fee
None
⏱️ Withdrawal Processing TimeUp to 24 hours
💰 Spread Fee
Yes, Starter Account
📒 Spread TypeVariable
💰 Commission Fee
Yes, Premium and Ultimate Accounts
💰 Inactivity fee Yes

Trading Platforms


📈 ECN Forex Trading
No
💻 MetaTrader 4 (MT4)
Yes
💻 MetaTrader 5 (MT5)
No
🖥️  Zulu Trade
No
🖥️ cTrader
No
🖥️ DupliTrade
No
🖥️ Mac
Yes
🖥️ Desktop Availability
Yes
💻 Web AvailabilityNo
 📱 Mobile AvailabilityYes
📱  Android App
in progress
📱 Apple iOS Appin progress
📱Huawei AppNo
📱 Blackberry AppNo

🎓Education and Support


👨‍💼 Customer Service
24/5
📞 Phone SupportYes
💬 Livechat SupportYes
🖱️ Email SupportYes
🎓 Education / Help Centre
Yes
🤓 Beginners Trader friendly UX
Yes
👥 Community Forum
No
🖩 Currency Converter
Yes
🖩 Traders’ Calculator
Yes
📆 Economic Calendar
Yes
📆 Forex calendar
Yes
📆 Weekly Webinars
Yes
💵 Affiliate program
Yes

Safety and Protection


🚫 Two-step Authentication
Yes
🛡️ Investment insurance
No
🛰️ FREE VPS hosting
Yes
⛔ Negative balance protection
Yes
❌ Stop-loss Instrument
20%
💲 Margin Call
100%

🛡️ Final Scores


🛡️ Spread
🛡️ Leverage
🛡️ Trading Platform
🛡️ Range of trading instruments
🛡️ Education Score
🛡️ Customer Service Score
🛡️ User Experience Score
⭐ Trust Score

👍 Social Media Pages

🔈 Official Facebook Page
https://www.facebook.com/OrbexGlobal
🔈 Official Twitter Pagehttps://twitter.com/OrbexFX
🔈 Official Youtube Channelhttps://www.youtube.com/channel/UCrgbGyMwM3d_1cr9_94sQSw
🔈 Official Linkedin Pagehttps://www.linkedin.com/company/orbex-limited/mycompany/
🔈 Official Instagram Pagehttps://www.instagram.com/accounts/login/
🔈 Official Website address
https://www.orbex.com/en/

💼Senior Management

👨‍💼 Current CEO
👨‍💼👨‍💼 Founder/s

 

Orbex Deposits and Withdrawals

orbex deposits and withdrawals

 

👉 Orbex offers transaction processing through many payment methods including Neteller, Credit / Debit cards, WebMoney, Skrill, Fasapay, and Wire Transfer. It can be done in EUR and USD currencies.

 

👉 The minimum deposit amount depends on the account type you want to trade with. The minimum of US Dollar 500 allows you to start trading with a Fixed account.

 

👉 Orbex does not charge any transaction fees for deposits or withdrawals. The withdrawals are processed by submitting a trading account form.

 

👉 There are no typical fees for transfers from Orbex, but make sure with your payment provider in case there are any internal fees charged on you.

 

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

 

Cost and Fees, Commissions, and Spreads

orbex fees

 

👉 The cost of trading depends on different factors like commissions, spreads, and margins.

 

👉 The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

 

👉 One pip is 0.01 for currency pairs with JPY as the term currency and 0.0001 for all other pairs.

 

👉 Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.

 

👉 Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf. The level of commissions will vary between different brokers and depends on the asset being traded and the type of service offered by the broker.

 

👉 Execution-only brokers, that is a broker that does not involve in any personal investment advice and gives traders complete control over how they trade the markets, tend to have lower commissions.

 

👉 Contract for differences (CFDs) trading, a popular form of derivative trading that enables traders to speculate on the rising or falling prices of fast-moving global financial markets, will incur a commission.

 

👉 CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.

 

👉  The four trading accounts Orbex offer has their own style with a choice between a variable or fixed spread with no commission charged.

 

👉 Fixed spread in the Fixed account will be set as variable and will comply with the best available market prices. In the Starter account, the average spread on EURUSD IS 1.7 pips. IN the Premium and Ultimate accounts spreads start from 0 pips.

 

Orbex Leverage

orbex leverage

 

👉 The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage. Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss.

 

👉 The amount of leverage is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that a trader has US Dollar 1,000 in his or her trading account and is trading ticket sizes of 500,000 USD/JPY, that leverage will equate to 500:1.

 

👉 Leverage levels are determined by the regulatory restrictions in each jurisdiction. Trading with a European Orbex entity you will fall under ESMA regulations, which allows lower levels of leverage up to 1:30 for major currencies and 1:10 for commodities.

 

👉 Trading with Orbex Global, there is an option to access high leverage levels up to 1:500 for Forex instruments. Make sure to learn how to use leverage smartly, as this tool may work in reverse too and increase big risks dramatically.

 

Orbex Bonuses

orbex bonuses

 

👉 Forex brokers tend to lure new traders with offers of attractive deposit bonuses. This can be useful, but it is essential to discern what a proper bonus is.

 

👉 Such a bonus is but a way to compensate traders for choosing a certain broker, since once the account is opened, the trader will have the same expenses as any other.

 

👉 The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader.

 

👉 Moreover, since 1 August 2018 The European Securities and Markets Authority (ESMA) has placed investor protection measures on the marketing, distribution, or sale of CFDs to retail clients.

 

👉 These prevent brokers from directly or indirectly provide the retail client with a payment, monetary or excluded non-monetary benefit in relation to the marketing, distribution, or sale of a CFD, other than the realized profits on any CFD provided.

 

👉 This means that a Deposit Bonus is not currently applicable for retail clients.

 

👉 There is no indication on the Orbex website whether bonuses or awards are offered to clients.

 

Trading Platforms, Software, and its Features

orbex trading platforms

 

👉 The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades.

 

👉 A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies.

 

👉 The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too.

 

👉 Orbex builds its trading on the world renowned MetaTrader4 platform and provides Desktop, Multi-Terminal, Mobile, Web, and iOS versions.

 

👉 The MT4 is very well known and the most used software in the industry because of its advanced chart feature, multilingual support, security, and reliability along with the support of various trading styles.

 

👉 The platform is available for Demo and Live account holders and combines copying capabilities within online trading.

 

👉 Orbex added add-ins to the Platform that brings convenient trading opportunities through Trading Central and Orbex Trade Lab which is a sharing system that allows following trading ideas or posts in the Orbex community.

 

👉 Orbex also offers copy trading through the automated copy-trading system FXStat Tradebook which is a social trading platform, allowing simple investment just by following of professional strategy with the commission of only US Dollar 10.

 

Markets, Products, and Instruments

orbex instruments

 

Most brokers offer all or some of the following kinds of market instruments for trading:

 

Forex

Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

 

Commodities

As with currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty.

 

Indices

Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market.

 

Precious metals

The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

 

Energy

The high volatility of energy prices due to political and environmental factors, supply and demand, extreme weather conditions, and global economic growth is a typical feature of this product, making it another popular trading choice.

Orbex provides good market trading conditions on major currencies and 50 pairs of instruments. You will have access to a diverse range of products including Foreign Exchange, Precious Metals, Future Contracts (OTC), Equity Indices (OTC), CFD’s, and Energy Contracts.

 

Safety and Regulation

orbex safe or scam

 

One of the first things a potential trader needs to establish is whether a broker like Orbex is safe to trade with. One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions.

 

Orbex is registered and regulated as a Financial Investment Firm by the Cyprus Securities and Exchange Commission (CySec) (License Number124/10), and the European Union Markets in Financial Instruments Directive (MiFID).

 

Orbex is authorized to trade internationally across Europe and beyond. It is a reliable provider of online trading that applies all EU regulations and laws in an officially regulated environment.

 

All client’s funds are held in segregated accounts while separated from the company’s funds.

 

Orbex is also a member of the Investment Compensation Funds, which secures any claims-covered clients against members of the Fund with up to 20.000 EUR.

 

Customer Support

orbex customer support

 

Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it.

 

With over 20 native support languages to assist you, an automated chatbot system to streamline response times, a robust FAQ center, and a highly trained team of support specialists available 24/5, no matter your trading query, Orbex sets an industry example for stellar customer service and support via telephone and fax numbers, live chat, call back requests and FAQ’s

 

Research

orbex research

 

Potential traders should always do as much as possible research about speculative trading before commencing to do it.

 

Trading with confidence and success relies heavily on knowledge and understanding of the markets, therefore research options offered by brokers form an integral part of its features when choosing the right company to trade with.

 

Orbex offers market research and information that will assist you in your trading and keep you up to date with the latest news. It provides comprehensive market research and recent forex news, combined with deep analytical articles and geopolitical reviews.

 

Traders can tune in to Orbex Web TV, for all market news, analyses, and fundamental and technical reports and updates.

 

You can watch broadcasts hosted by its analysts covering forex, commodities, and indices in addition to exclusive CFD and forex trading opportunities, identified by the Orbex research team.

 

The company also offers trading tools such as an economic calendar, trading tips, and calculators.

 

Orbex vs Etoro vs XM – Comparison Table

🔎 Broker🥇Orbex🥈 eToro🥉 XM
💰 Minimum Deposit$200$1000 USD$5 USD
📝 Sign-Up BonusNo☑️ Yes☑️ Yes
➕ Max. Leverage1:5001:4001:888
💵 Currency Pairs50+4757
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Orbex Current Popularity Trend

orbex google trends

 

As According to Google Trends, here is an overview of how frequently the search term – “Orbex” is entered into Google’s search engine over a given period of time.

 

Education and Training

orbex education

 

Before starting to trade, potential clients of Orbex should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

 

If Orbex’s website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge.

 

Orbex focuses on offering traders of all levels the educational tools necessary to accompany every stage of their trading journey. From daily fundamental and technical analysis to webinars, e-books, podcasts, videos, and weekly reports, Orbex provides excellent educational material to suit every trader’s needs.

 

A leading provider in Elliott Wave research, Orbex analysis is frequently featured across global financial outlets, including Bloomberg, Refinitiv Eikon, and CNBC.

 

Orbex has many forex tutorials, educational videos, eBooks trading strategies, and tips to assist traders in how to map out market outcomes and construct and evaluate trades.

 

Seamless Execution & Access to Tier-1 banks, powered by reliable global liquidity providers, ensures an unmatched trading experience. It also offers Forex-certified courses.

 

Conclusion

Overall, Orbex is a reliable trustworthy company with a strong position in the EU and MENA region in online trading offerings. Overall, the Orbex Broker brings a quality offering to the market, its customers, and its affiliates.

 

You might also like: Orbex Minimum Deposit

You might also like: Orbex Account Types

You might also like: Orbex Demo Account

You might also like: Orbex Fees and Spreads

You might also like: Orbex Sign up Bonus

You might also like: Orbex Islamic Account

 

Disclaimer

Orbex warns that foreign exchange trading and investment can be highly speculative and may result in losses as well as profits. Foreign exchange and derivatives trading are not suitable for many members of the public and only risk capital should be applied.

 

Orbex’s website does not consider the special investment goals, financial situation, or specific requirements of individual users.

 

You should carefully consider your financial situation and consult your financial advisors as to the suitability to your situation prior to making any investment or entering any transactions.

 

Orbex is 100% secured for online trading and transactions, all data is backed up and protected in a highly secure encrypted technological environment.

 

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

 

FAQ’s

 

Trading Environment

 

How many instruments can I trade with Orbex?

You can trade over 50 pairs of instruments with Orbex which include the following:

  • Forex
  • Precious Metals
  • Future Contracts
  • Equity Indices
  • CFDs

 

Which platforms are supported by Orbex?

  • MetaTrader4

 

Does Orbex offer leverage?

Yes.

Orbex offers maximum leverage of 1:500. Trading with a European Orbex entity you will fall under ESMA regulations, which allows lower levels of leverage up to 1:30 for major currencies and 1:10 for commodities.

 

What spreads can I expect with Orbex?

Orbex offers variable spreads on its four accounts with a choice between variable or fixed spread.

Fixed spread in the Fixed account will be set as variable and will comply with the best available market prices. In the Starter account, the average spread on EURUSD IS 1.7 pips. In the Premium and Ultimate accounts spreads start from 0 pips.

 

Does Obex charge commission?

No.

 

Is Obex regulated?

Yes, Obex is regulated by CySEC in Cyprus.

 

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

Yes, Obex offers a good trading environment for all types of traders, from beginners to advanced.

 

What is the overall rating out of 10 for Obex?

8/10

 

Accounts

 

What is the difference between a demo and a live trading account?

A demo account is an account offered by some trading platforms, which is funded with virtual money. This allows a potential client to experiment with the trading platform and get familiar with its various features, before deciding to set up a real account.

These accounts are offered by various online trading platforms, including stock trading platforms, foreign exchange trading venues, and commodities exchanges.

Demo accounts are also widely used by more experienced traders who want to experiment with other asset classes. For instance, a trader might be experienced in stock trading but want to start investing in futures, commodities, or currencies.

Opening a demo account is a good option before opening a live account where you trade with real money in real-time.

 

Does Obex offer a demo account?

Yes

 

Can I convert my demo account to a live trading account with Obex?

Yes

 

Which live trading accounts does Obex offer?

  • Fixed: fixed spreads
  • Starter: minimum deposit of US Dollar 200
  • Premium: spread start at 0 pips
  • Ultimate: spread start at o pips
  • Islamic Account: swap-free account

 

What are the available deposit currencies for a live trading account?

  • USD
  • EUR

 

Deposits and Withdrawals

 

What is the minimum deposit for Orbex?

US Dollar 200

 

How do I make a deposit and withdrawal with Orbex?

Orbex offers the following popular deposit and withdrawal methods:

  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • WebMoney
  • Fasapay
  • UnionPay
  • Bankwire

 

Withdrawal amounts should transfer back to the same sources of deposit until the original amounts have been covered.

 

Does Orbex charge withdrawal fees?

No: fees from financial institutions may apply.

 

How long does it take to make a withdrawal?

Withdrawal usually takes place the same day.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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