Orbex
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- Settings
- Types of accounts
- Reviews (7)
Forex broker Orbex is a successful Cypriot company providing a full range of trading services in the field of trading since 2011. Orbex is headquartered in Cyprus and the broker also has offices in Kuwait, Jordan and Mauritius.
Orbex Regulation
Broker Orbex is a fully licensed and regulated Cypriot investment company controlled by CySEC and authorized to carry out international trade throughout Europe. The above regulation is a transposition of the European MiFID law under ESMA, which contributes to ensuring the stability of the European Union financial system and strengthening investor protection and financial market stability.
All client funds are kept in separate accounts and separated from company funds. In addition, Orbex is a member of the Investment Compensation Fund, which secures any claims up to 20,000 euros.
An additional legal entity supported by Orbex is located offshore in Mauritius. Choosing this jurisdiction, you should understand that you will not receive all the guarantees of protecting your capital, as is the case with CySEC, but at the same time you can count on a large leverage and other favorable trading conditions.
Trading instruments
Orbex specializes in online trading of Forex currency pairs, precious metals and CFDs on commodities, futures and indices, which are backed by high liquidity from Tier 1 banks thanks to reliable and fast execution.
Leverage
When trading in the European jurisdiction of Orbex, you are automatically subject to ESMA regulations, which have recently limited leverage to 1:30 for major currency pairs and 1:10 for commodities. By trading with Orbex Global, you can access high leverage levels up to 1: 500 for Forex instruments.
Orbex Trading Accounts
There are four trading accounts offered by Orbex to suit the needs of every trader. You can choose between floating and fixed spreads, as well as accounts with a spread of 0 pips and a commission of $ 5 per lot.
In addition, Orbex offers a dedicated account for automatic trading copying FXStat Tradebook trades with a commission of only $ 10.
It is also possible for Islamic traders to join Orbex through a swap-free account.
Minimum deposit
As for the minimum deposit amount, it depends on the type of account with which you plan to trade, as well as on the conditions of the jurisdiction in which the broker operates. A deposit of $ 500 or more will allow you to trade on a standard CySEC-regulated account. While international traders can open an account with a minimum deposit of $ 200 to trade offshore.
Conclusions
Broker Orbex is a reliable company with EU regulation and international coverage. The company's regulation provides peace of mind and safety for traders, while a wide range of account types and trading instruments make your Forex trading comfortable. In addition, there is a choice between fixed or floating spread, OTC or ECN connection, and a trade copy strategy.
See also Orbex reviews and share your experience with Orbex.
- The year of Foundation 2011
- Head office address 82nd Street, No.6, Ground Floor, 4153 Kato Polemidia Limassol, Cyprus
- Maximum leverage 1:500
- Min. Deposit $200
- Regulation CySEC, ICF, FSC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Neleller
- Number of trading instruments 46
- The number of CFD instruments 66
- The number of futures 9
- The number of metals 2
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