Trade Forex Trading

Forex Broker Ranking Cyprus Based Forex Trading Broker Review

Below is a Forex review of online forex broker 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



Where is currency broker based

Orbex is based in Cyprus, its address is:


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



Is 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 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:






2.4 pips


3.3 pips


2.7 pips


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








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 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

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.



Recommended Broker

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 give an account opening deposit bonus

Orbex does not give an account opening deposit bonus


What is the security and reliability of

What is the Forex broker ratings for security and reliability


Regulated by the Cyprus Securities and Exchange Commission



Does accept scalping

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


Does 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 for MAC

Metatrader4 Multi Terminal

Web Trader

Mobile Trader

Android Trader

iPhone Trader



Is a MetaTrader 4 Forex broker 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 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 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