Forex Broker

Orbex review


On-line since: 2011
Country of origin: Cyprus
Regulation: CySEC (Cyprus), MiFID, FCA, BaFIN
Payment options: wire transfer, WebMoney, Neteller, Moneybookers, Cashu
Minimum account size: $500
Minimum lot size: 0.01t
Leverage: 1:500
Spreads: from 0.6 pips

About the company:

Orbex is a trading company registered in Cyprus. The broker functions in financial markets since 2011. It provides traders with a whole range of trading instruments, professional support, as well as an opportunity to learn the basics of trading from Forex specialists. The brokerage company offers its customers 28 currency pairs, futures, precious metals, CFDs (including CFDs for energy commodities), and stock indices.
The main benefits of working with Orbex include an opportunity to trade several assets, ECN accounts, order execution within an hour, and Swap-Free accounts. Moreover, the MetaTrader 4 trading platform offers regularly updated newsfeed and analytics.
Among the company’s achievements are the "Best Fx Forecast & Strategy Provider 2013" and "Best Fx Technology Provider 2013" awards.
The company is not widely known among traders, so it might be hard to find detailed feedback on its services on the Internet. Please leave your comments about this broker and join the discussion on Orbex trading conditions along with other traders.

Orbex 8/10 (votes 4131)
Author of Orbex: Mona | Date 2022-01-27
After 6 months of trading you will notice some changer and will encounter problems. My order of execution got slower that it took few minutes for a single ticket to be delayed. When I tried exiting winning trades, they would hold my orders and always requote my orders. Take your money, do not deal with this company. The server connection often breaks and it makes me vulnerable to high losses. Slippages continues constantly that I loss $1270 from my account. I still got no response from them till now.
Author of Orbex: Alpesh | Date 2021-06-21
I've traded comfortably in a universal mini account with Orbex broker, I've found their MT4 platform is live and order executes within time, I didn't face big slippage so far. As my scalping trading strategy is profitable and I've earned $550. Besides their payment system is trusted too. So I think Orbex is suitable for professional traders.
Author of Orbex: Aslesha | Date 2021-04-12
What I did not like about Orbex is their high trading fees. They said that the fees are low but it is not what I am experiencing. Just today, I have had a trade with a spread of 9 pips. This broker is not good for short-term trading at all.
Author of Orbex: Kennedy | Date 2021-01-13
For me it's very difficult to produce more money because they do not have a competitive services. Their real time is very late. I personally had problems with some pending orders, which were not triggered. Lack of expertise in the field, their customer service is way below normal standards. Too many hidden fees that they couldn't justify. Transparency is the biggest problem of this broker. Very bad experienced with this broker. I lost half of my account in three months.
Author of Orbex: Kusuma | Date 2020-06-05
I find Orbex very easy for new traders to learn and earn because it's easy to use web based trading platform. All my trading actions and activities are always tracked in their system, it is very important to me that I have a record of what I am doing. The ECN account is excellent and I have not had any problems. Support is good too.
Author of Orbex: Fiona | Date 2020-03-02
I was very comfortable trading with them. and I have been trading with them for years and have never experienced any difficulties. Even if there are problems, they can immediately overcome them without requiring a long time. they were very alert when I needed help. very responsible. I would recommend this broker to my colleague. So far I have gained almost 70% profit from my first trading activity. Now I have a deposit of $3570, from my first trade of only $500. They also have a very precise analysis.
Author of Orbex: Zenna kim | Date 2019-11-27
I've used 5 brokers, Orbex is only the one with genuine instant execution. Stable server all time and quick fill even in news time. I am 100% satisfied with Orbex. They have very good trading ideas. The analysis they provide is very precise. They allow all types of trading and including scalping EAs. I started with their $760 and made profit $300. I withdrawn $500 two weeks ago via Neteller. I would recommend this broker.
Author of Orbex: Danu | Date 2019-08-23
Orbex provide me a good trading experience. Two months ago I deposited $200 through Bitcoin and I got $90 extra as a welcome bonus. At the beginning I had issues with my custom scalping EA with their platform but their technical support team helps me to fixed it. Now my EA is working perfectly and I am able to making profit continuously. With my EA I have made $128 during this period, and end of the last months I withdraw $250 from profit and they send it to my Bitcoin wallet within half an hour.
Author of Orbex: Danny07 | Date 2019-07-21
I've preferred to copy trade on Orbex broker's trading platform. As a new trader, I think it is profitable for me, as I got a solid analysis from expert traders. Beside the platform contain a number of built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing options too. I've earned $250 so far and withdrawn this profit via Neteller within four hours. So I am happy with Orbex broker.
Author of Orbex: DavidOrtiz | Date 2019-02-17
I am a copy trader with Orbex broker in the market, really I am satisfied with their Social trading MT4 platform and their comparatively low 1.5 pips spread on EUR/USD. Beside the platform contain a number of built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing options too. The best fact is, all tools have no additional costs and I can place a profitable order by using all these tools. Really the Orbex is a professional broker and I want to thanks them for good trading service.
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