Orbex is a forex and CFD broker established in Cyprus on December 7, 2009. It primarily offers investment trading services in forex, precious metals, energy, indices, and stock CFDs. The official English website is www.orbex.com, and there is also a Chinese website at orbexchina.com. The website supports multiple languages, including English, Arabic, Hindi, Bengali, Marathi, Tamil, and Gujarati. Orbex operates globally.
Background and Regulatory Status:
Orbex's registered entity in Cyprus is Orbex Limited (formerly AFB FX Ltd). The company's registered address is 82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus, with registration number 258884. This entity is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 124/10. The official website for European clients is www.orbex.com.cy.
Orbex Global Limited, registered in Mauritius on July 25, 2018, has its registered address at Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius, with registration number C157876. This entity is authorized and regulated by the Financial Services Commission (FSC) of Mauritius.
Orbex Limited, registered in Seychelles, has its registered office at 9A CT House, 2nd floor, Providence, Mahe, Seychelles, with registration number C8429881. It is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD110.
Orbex.com is operated by Orbex LLC, registered in Saint Vincent & the Grenadines, with registration number 230. Its registered address is First ST Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and the Grenadines. This entity is currently in "Pending Dissolution" status.
Market Instruments:
Orbex offers trading in the following instruments:
- Forex: Trading in various currency pairs.
- Precious Metals CFDs: Trading in precious metals like gold and silver.
- Energy CFDs: Trading in energy commodities such as oil and gas.
- Indices CFDs: Trading in index-based contracts.
- Stock CFDs: Trading in contracts based on individual company stocks.
Account Types:
Orbex provides three types of trading accounts: Starter, Premium, and Ultimate. All three account types offer a maximum leverage of up to 500:1, minimum trade size of 0.01 lots, 20% stop out level, 100% margin call level, and NDD (No Dealing Desk) execution.
Differences between the account types include:
Starter Account: Minimum deposit of $100, floating spreads, no trading commissions, monthly webinars, and basic trading education.
Premium Account: Minimum deposit of $500, starting from 0 pips spreads, $8 per lot trading commission, exclusive webinars, one-on-one training sessions, and advanced trading education.
Ultimate Account: Minimum deposit of $25,000, starting from 0 pips spreads, $5 per lot trading commission, exclusive webinars, three one-on-one training sessions, and advanced trading education.
Trading Platforms:
Orbex provides access to both the MT4 (MetaTrader 4) and MT5 (MetaTrader 5) trading platforms, including web and mobile versions.
Customer Support:
Customer support is available via phone at +442035198140 / +442036565401 / +357 25588855 or email at support@orbex.com / support@orbex.com.cy. Investors can also use the "Contact Us" option on the broker's website for further assistance or inquiries.
Deposit and Withdrawal Methods:
Orbex supports various deposit and withdrawal methods, including VISA, MasterCard, Skrill, NETELLER, Perfect Money, UnionPay, eNet, Tasapay, and BANK WIRE.
Summary:
Investors should be aware that while Orbex is regulated by multiple authorities, the level of regulatory oversight may be considered relatively weak, and limited assistance may be available if you encounter issues with your funds. Currently, the broker is marked as "Operating Normally" on Traderknows.
