Company Brief:

The Forex Broker Orbex is an established Cyprus company with a successful history of operation, technological background and a full range of trading services for multi-asset trading, education, support and partnership programs. In addition, the company serving representative office in the MENA regions in Kuwait and Jordan, which brings an expansion to offered services. Orbex specializing 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 with fixed or variable spreads from 0.8 pips. Real-time streaming quotes are available with no requests up to 10,000$.

The advanced technology base is built on MetaTrader4 platform along with MetaQuotes developments to enhance the trader’s mobility and functionality. Moreover, the company compliments their traders with some additional tools and preferences that are provided with no extra charges and included in the platform package.

Orbex team strives to support their customers in their success as a trader, hence providing around-the-clock service, along with analysis support and information that allowing a trader to focus on their goals. Recent forex news, combined with detailed analytical articles and reviews along with education for different level traders.

Best Educational Provider 2016

Best Analysis Provider 2016

Best Innovative ECN Broker 2013

Best FX Forecast & Strategy Provider 2013

Best Arabic Platform 2011

Orbex Review

Licenses and Regulations:

The Orbex is a fully licensed and regulated Cyprus Investment Firm supervised by the CySEC and authorized to trade internationally. The above mentioned regulation is a transposition of MiFID European Law which operates under ESMA that contributes to safeguarding the stability of the European Union’s financial system by enhancing the protection of investors and financial market stability.

Due to its regulation, Orbex is a reliable provider of online trading that applies all EU regulations and laws in an officially regulated environment, while registered with the supervisory authorities within the MiFID Directive to provide its services among EU members.

All clients funds are held in segregated accounts while separated from the company’s funds. Furthermore, Orbex is a member of the Investment Compensation Funds, which secures any claims covered clients against members of the Fund with up to 20.000 EUR.

Trading Platforms:

An award-winning and user-friendly Orbex platform is built on MT4 software and provides Desktop, Multi-Terminal, Mobile, Web and iOS versions. The MT4 is known and 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, indicator options and own strategies performance through Expert Advisors.

Moreover, there are added to the Platform add-ins that bringing even more convenient trading:

– Trading Central brings a powerful informational support that’s provided to every Orbex client and makes sure necessary data and detailed technical analysis are reachable. Trading Central is a market leading third-party supplier of the multi-asset indicators and features.

– The Orbex Trade Lab is a sharing system that allows following trading ideas or posts own ones among the joined community. The platform is available for Demo and Live account holders and combines copying capabilities within online trading.

– Orbex Strategies is an algorithmic trading system that does not require any programming skills to build EA, the powerful strategy is the key in the feature that brings a possibility to run it directly on MT4 platform, that performed via cloud incorporated with VPS.

– Free VPS service offers hosting advantage to run EA 24/5 on increased execution speeds. Virtual Private Server allows all trading strategies on NDD execution with no requotes or slippage with floating spreads from 0.8 pips.

– FXStat TradeBook provides trading signals to follow and the automatic copy of the trades from hundreds of professional traders, which is directly integrated into Orbex platform. The technology shows dynamic position of monitoring and analysis with complete control over the portfolio and investments.

– Refer a Friend program brings an opportunity to get 100$ for every referral.

Account Types:

The trading accounts are offered to suit each trader needs and style while there is a choice between 4 Account types with a variable of fixed spread and no commission charges. The base currencies are ranging USD, EUR, PLN and GBP with SWAP-free account feature upon the request.

– Classic Account requires a 500$ deposit to start with the spread of 1.9 pips, however with no scalping capability.

– Standard account features lower spread of 1.5 pips with leverage up to 1:500.

– Premium account minimum deposit is 5,000$ with the variable spread from 1.2 pips.

– VIP Account is an ECN option with the interbank spread from 0.8 pips no commissions and an initial balance of 25,000$.

Copy trading account will offer a social trading opportunity with spreads from 1.5 pips and commission of 10$ via enabled FxSTat Tradebook platform.

Deposit and Withdrawal Methods:

Orbex offering one of the fastest transaction processing through the variety of payment methods including Neteller, Credit/ Debit cards, Skrill, WebMoney and Wire Transfer. The withdrawals are processed via trading account form submit, there are no typical fees for transfers, yet the express withdrawal may require a 30$ fee.

Conclusion:

The Orbex Review concludes a reliable company with strong positions among the EU and MENA region online trading offering. The regulation of the company brings a quiet state of mind and security to the traders. The range of account types, very comprehensive platform features with numerous free tools allowing traders a better trading environment. In addition, there is a choice between the flexible or floating spreads, OTC or ECN connection, as well as the strategies to choose from. The beginning traders can benefit from free educational tools, while the professionals are supported by dedicated tailored services. Overall, the Broker brings a quality offering to the market its customers and affiliates.

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