- Pros
- Regulated Broker
- Low Spread
- Advanced Trading Platforms
- Educational Resources
- Good Customer Support
Orbex is a well-established broker since 2009. Orbex has headquarters in United Kingdom, Cyprus, Spain, France, Italy and European area. Orbex to provide their Forex/CFD trading services to global clients.
This broker has also been regulated by FCA 553071, CySEC 124/10, CNMV 2894, Banque de France 73762, CONSOB (Italy) 3148 and ESMA.
Account Information
Apart from the forex demo account, this broker offers Starter, Ultimate and Premium. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Orbex is up to 1: 500 Meanwhile, you can open an account with a starting capital of $200.
Instruments Traded
Besides lots of currency pairs, Orbex also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Futures, Indexes and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Payment Methods
WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don’t have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients’ fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Orbex also provides payment with Tether (USDT), Perfect Money and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, a price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.
Hereby, Orbex offers you MetaTrader 4 (Limited with 30 days of inactivity).
Customer Support
Do you have any question or find any trouble related to Orbex? If you do, you should reach Orbex’s support to get the information that you need.
