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Orbex.com Cyprus Based Forex Trading Broker Review

Below is a Forex review of online forex broker Orbex.com. Orbex.com broker is based in Cyprus. Below is a list of the most common review questions that traders ask about this online forex broker.

 

Forex Broker reviews - Forex Reviews of Orbex.com

 

 

Where is Orbex.com currency broker based

Orbex is based in Cyprus, its address is:

 

Office 3501, 5th floor, Maximos Plaza Tower 3,
Maximos Michaelidi Street,
Limassol 3106,

Cyprus.

 

Is Orbex.com a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on the brokers’ website.

 

Regulated by the Cyprus Securities and Exchange Commission, CySEC, License Number 124/10.

 

 

What is the execution method of Orbex.com

Orbex provides two execution methods:

 

Market Maker Dealing Desk execution of orders

ECN, Electronic Communication Network and STP, Straight Through Processing instant execution of orders with No-Requotes.

 

 

What are the broker spreads

The Forex broker spreads are:

 

Spreads

Currency

Spread

EURUSD

2.4 pips

GBPUSD

3.3 pips

USDJPY

2.7 pips

USDCHF

3.8 pips

 

Spreads may vary depending on account type and market volatility; some accounts may include paying of commissions on top of spreads.


Financial Instruments Provided For Trading

Currencies

Futures

Commodities

Indices

Energies

Metals

 

What are the Forex account types of this online currency broker

 

  • Universal Mini Account
  • Universal Standard Account
  • Universal Advanced Account
  • ECN Standard Account
  • ECN Advanced Account

 

Does Orbex.com broker have Islamic Forex Trading Accounts

This broker provides swap free Islamic Trading Accounts

 

What are the terms for demo trading accounts

A demo trading account is provided for practice trading

 

How is the withdraw and deposit process of Orbex.com

Bank wire, Skrill, WebMoney, Debit card and Credit card money transfer methods are provided for deposit and withdraw of funds.

 

Bank wire and WebMoney are not charged any deposit fee

 

Skrill deposit fee - 2.9%

Debit card and Credit card deposit fees - 3%

 

All withdraw methods are not charged a fees except WebMoney is charged 0.8% withdraw fees.

 

 


What is the minimum account opening capital for Accounts

 

 

$100 dollars is the minimum account opening deposit

  • Universal Mini Account - $100
  • Universal Standard Account - $3,000
  • Universal Advanced Account - $50,000
  • ECN Standard Account - $500
  • ECN Advanced Account - $25,000

 

Does Orbex.com give an account opening deposit bonus

Orbex does not give an account opening deposit bonus

 

What is the security and reliability of Orbex.com

What is the Forex broker ratings for Orbex.com security and reliability

 

Regulated by the Cyprus Securities and Exchange Commission

 

 

Does Orbex.com accept scalping

This broker does not allow scalping forex trading, ECN account may allow scalping trading.

 

Does Orbex.com give free education to currency traders

This broker provides learn currency trading education for learn trading online.

 

Orbex provides a learn forex trading education section where traders can learn what is currency trading, trading introduction tutorials, technical analysis, fundamental analysis, trading e-book and a glossary of currency trading terms.

 

What are the Forex trading platforms of this online currency trading broker

Metatrader4

Metatrader4 for MAC

Metatrader4 Multi Terminal

Web Trader

Mobile Trader

Android Trader

iPhone Trader

 

 

Is Orbex.com a MetaTrader 4 Forex broker

Orbex.com provides MetaTrader 4 software which is the best Forex trading platform according to reviews.

 

This trading platform MetaTrader 4 can be downloaded from the broker’s website.

 

 

Does Orbex.com allow automated forex trading

The broker automated trading policy on automated forex trading is:

 

Orbex execution method does not allow Expert Advisors automated forex trading execution on their MetaTrader 4 trading platform, ECN accounts may allow Expert Advisors automated trading execution.

 

What are Orbex.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where traders will find information about accounts such as demo practice account and live accounts provided by this broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides platforms where a trader can choose one for trading online.

 

FAQ section: for answers to the most frequently asked questions about this broker.

 

Currency Trading Tools Section: Such as Pip Value Calculator, Margin Calculator, Pivot Point Calculator, Currency Converter and a Risk Calculator.

 

Market research section: for market analysis and research, economic calendar and market overview of currencies and daily market outlook updates.

 

Regulated Broker