South Africa’s first regulated broker-matcher

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Orbex Broker Review

2.9

/ 5

250
matches to this broker

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Reviewed by

In this review

Minimum deposit

Platforms

Regulation

Tradable Markets

TradeFX Rating

2.9

/ 5

TFX Overall Score

The TradeFX score is calculated using our independent methodology, based on multiple broker criteria including regulation, fees, platform features, and trader experience.

We review and update our data regularly to keep comparisons current.

SA Focused
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Standout features for South African traders

Accepts South African Clients

No

Has Local Office

No

Trading Platforms

Mobile Trading

No

Tradable Markets

Account Types

Demo Account

No

Account Base Currencies

Regulatory Bodies

Minimum Deposit

Local Deposits Available

No

Local Withdrawals Available

No

Same-Day Withdrawals

No

Islamic / Swap-Free Accounts

No

Automated Trading Allowed

No

Negative Balance Protection

No

Guaranteed Stop Loss

No

Promotions

Broker Trust and Regulation

Platforms and Tools

Fees and Spreads

Tradable Instruments

Trader Support

Deposits and Withdrawals

Account Types

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From a South African Perspective

As a regulated firm, Orbex offers the best Forex brokerage services. Their main focus is on precious metals, currencies, commodities, as well as CFDs and futures. In 2011, the platform was launched with offices in Kuwait and Cyprus. It is regulated by (FSC) Mauritius.

You can find our transparent Orbex review below. Broker reviews are updated frequently!

We value your feedback: Rate this broker by leaving a comment and rating below this review.

Their customer service centre is excellent. For inquiries regarding withdrawals and funding, they offer their services in 13 different languages. Additionally, the educational tutorial guide can also be found in the form of webinars and videos.

Apart from the client support, Orbex has some great trading conditions available in the market. They include free VPS, zero commissions, and leverage of up to 1:500. They also offer fixed spreads. The lowest spread on this platform is 0.0 pips.

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Orbex does not charge fees for withdrawals or deposits. In addition, dormant accounts are not charged any fee for inactivity. For the convenience of their clients, Orbex offers different withdrawal options. Traders can withdraw their funds via credit/debit cards, bank wire transfers, Neteller, WebMoney, and FasaPay

Traders can choose from a variety of trading instruments on Orbex. In addition, more than 15 currency pairs are also available on this platform to choose from

The minimum deposit amount for an account is $200. Withdrawals made through e-wallets, credit/debit cards, bank transfers, Neteller, WebMoney, and FasaPay will take at least 24 hours. Bank transfers take about five business days.

With Orbex’s demo account, beginners can get an opportunity to learn the basics of trading on this platform. Traders can load their practice accounts with EURO/USD/PLN 5,000,000 as virtual funds.

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2.9

/ 5

250
matches to this broker

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Deriv
3.4

/ 5

1060
matches to this broker

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

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FSP number

Disclaimer:

Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

TradeFX is not a broker and does not provide trading or investment services. We do not execute trades or hold client funds. Broker listings may include affiliate relationships.
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