Orbex Review 2021

Orbex is a trusted forex broker offering several accounts & the MT4 platform.

Orbex is a multiple award-winning broker that provides access to Forex, CFDs, indices, commodities, futures. Orbex allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Orbex has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

Careful traders will be pleased to know that Orbex is licensed to provide trading services by multiple regulatory bodies, 3 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.

Orbex Summary

Orbex is a trusted forex broker offering several accounts & the MT4 platform.

Ratings

70%
Trust
83%
Instruments
71%
Features
BonusNone
InstrumentsForex, CFDs, indices, commodities, futures
Demo Account
Min. Deposit$200
Min. Trade0.01 lots
Regulated ByCySEC, BaFin, FSC (Mauritius)
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes (EAs)
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade CFDs with leverage and ultra-low spreads.

Leverage1:500
FTSE Spread1.5
GBPUSD SpreadFrom 0
Oil Spread1.8
Stocks SpreadVariable

Forex Trading

Trade forex pairs with zero pip spreads.

GBPUSD SpreadFrom 0
EURUSD SpreadFrom 0
EURGBP SpreadFrom 0.5
Assets44

Binary Options Trading

Payout Percent

Payment Methods

Orbex accepts the following payment methods:

  • Neteller
  • Skrill
  • Webmoney
  • Visa
  • FasaPay
  • Cashu
  • Credit Card

Awards

Orbex is a multiple award-winning broker, with 4 awards received so far.

  • Best FX Broker Europe 2020 - Global Banking & Finance Review
  • Best FX Broker Mena 2020 - Global Banking & Financing Review
  • Best Forex Broker 2019 - Global Banking & Finance Review
  • Best Trading Education Provider 2018
Risk Warning – Your capital is at risk

FAQ

Is Orbex Safe?

Yes, most likely, as we gave Orbex a trust score of 70% in this review. The main negative factor in this score is that Orbex is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does Orbex Accept PayPal?

No, Orbex does not accept PayPal payments.

Is Orbex Halal?

Yes, Orbex does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does Orbex support?

Orbex only supports the MetaTrader 4 trading platform at this time.

Is Orbex Regulated?

Yes, Orbex is regulated by 3 different regulators: CySEC, BaFin and FSC (Mauritius).

The fact that Orbex is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Orbex vs Other Brokers

If you want to compare Orbex with other brokers, use the detailed comparisons below.

Orbex vs
Orbex is a trusted forex broker offering several accounts & the MT4 platform.