Orbex Review 2026
Established in 2010
•
Cyprus
• CySEC Regulated
Orbex offers forex and CFD trading services with a 3.9/5 rating. Regulated by CySEC, this broker offers spreads from 0.8 pips on EUR/USD with a minimum deposit of $200. Trade 150+ instruments including forex, CFDs, and more.
📊 Orbex Overview
Orbex (Orbex Ltd) is a well-established broker founded in 2010 headquartered in Limassol, Cyprus. The broker operates under the supervision of CySEC , a reputable regulatory authority.
With access to 150+ tradable instruments including 46 forex pairs , 5 cryptocurrencies , 60 stocks , and various indices, Orbex caters to diverse trading strategies.
| Legal Name | Orbex Ltd |
|---|---|
| Founded | 2010 |
| Headquarters |
Limassol, Cyprus
|
| Primary Regulation | CySEC (Tier 2 - Strong Protection) |
| Instruments | 150+ assets |
| Min Deposit | $200 |
| Max Leverage | 1:500 |
📖 Orbex — In-Depth Introduction
With over 16 years of industry experience, Orbex has established itself as a leading force in the forex and CFD trading space. Orbex operates under CySEC regulation, which provides a solid framework for investor protection. While not quite at the tier-1 level, this regulatory status ensures the broker maintains proper business practices and fund security measures. Orbex maintains reasonable trading costs with 0.8 pip spreads on the most popular currency pair.
Company Background
Orbex (legally Orbex Ltd) has been operating in the financial services industry for 16 years. Headquartered in Limassol, Cyprus, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 150+ tradable instruments.
💸 Orbex Fees — Complete Cost Analysis
Orbex offers competitive trading costs that will appeal to cost-conscious traders. The 0.8 pip spread on EUR/USD is below the industry average, providing good value. There are no commission fees on Orbex's standard accounts. All trading costs are embedded in the spread, making it straightforward to calculate your expenses. Consider this cost analysis: with 0.8 pip spreads, each standard lot trade on EUR/USD costs $8 in spread. An average retail trader making 50 trades monthly would spend approximately $400 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: Orbex
Non-Trading Fees
| Fee Type | Orbex | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Orbex Safe? — Complete Security Analysis
Orbex's Trust Score of 68/100 suggests moderate safety levels. While basic protections exist, traders should carefully consider their risk tolerance. Funds deposited with Orbex are kept separate from company funds in segregated accounts. Standard regulatory protections apply.
Regulatory Framework
Orbex holds a CySEC license.
Security Features Checklist
Understanding the Trust Score
Our 68/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Orbex?
✅ Best For
- Muslim traders can benefit from Orbex's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
❌ May Not Suit
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on Orbex
Orbex is a decent option worth considering with a 3.9/5 rating.
📈 Orbex Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Orbex performed in our rigorous testing:
Orbex is a decent choice but has areas that could be improved.
💰 Orbex Fees & Spreads
Understanding trading costs is crucial for profitability. Orbex uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.8 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.8 | 0.8 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Orbex:
- Spread Cost: 0.8 pips × $10/pip = $8.0
- Commission: $0
- Total Cost: $8.0 per lot
🛡️ Orbex Regulation & Safety
Orbex is regulated by CySEC, a Tier 2 - Strong Protection regulatory authority. This provides a solid level of investor protection, including fund segregation and dispute resolution mechanisms.
📜 Regulatory Licenses
- CySEC 124/10
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 68/100
Moderate Trust: Orbex meets industry standards for safety and regulation.
🖥️ Orbex Trading Platforms
Orbex offers 2 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✗ | ✗ |
| Copy Trading | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✗ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 Orbex Tradable Instruments
Orbex offers access to 150+ tradable instruments across multiple asset classes. This includes 46 forex pairs , 5 cryptocurrencies , and 60 global stocks.
👤 Orbex Account Types
Orbex offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Not available
💳 Orbex Deposits & Withdrawals
Orbex requires a minimum deposit of $200 .
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Orbex Pros & Cons
✅ Pros
- Competitive spreads with average 0.8 pips on EUR/USD
- Regulated by CySEC with investor protection
- Free demo account available for practice
- Negative balance protection for retail traders
- Swap-free Islamic accounts available
❌ Cons
- No copy trading feature
- Limited educational resources for advanced traders
📚 Orbex Education & Research
Orbex's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Orbex Customer Support
Orbex offers customer support to assist traders with their queries.
⭐ Orbex User Reviews
📝 User reviews will be displayed here. Share your experience with Orbex!
Write a Review🏆 Orbex — Our Verdict
Orbex is a decent broker with some limitations. With CySEC regulation, 0.8 pips EUR/USD spreads, and a $200 minimum deposit, this broker is worth considering based on your specific needs.
Best for: General forex traders
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Orbex — Frequently Asked Questions
Is Orbex a safe and regulated broker?
Yes, Orbex is regulated by CySEC, which is a Tier 2 - Strong Protection regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Orbex?
The minimum deposit at Orbex is $200.
What trading platforms does Orbex offer?
Orbex offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are Orbex's spreads on EUR/USD?
Orbex offers EUR/USD spreads with an average of 0.8 pips. The broker uses Variable spreads.
How long do withdrawals take at Orbex?
Withdrawal processing times at Orbex depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Orbex offer a demo account?
Yes, Orbex offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Orbex's maximum leverage?
Orbex offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:500 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Orbex in ?
Orbex accepts traders from . The broker operates under CySEC regulation. Always verify current availability and applicable regulations on the broker's website.
Does Orbex offer Islamic (swap-free) accounts?
Yes, Orbex offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact Orbex's support to request an Islamic account.
What instruments can I trade with Orbex?
Orbex offers access to 150+ tradable instruments:
- 46 Forex currency pairs
- 5 Cryptocurrencies
- 60 Stock CFDs
- 10 Index CFDs
- 8 Commodities
