South Africa’s first regulated broker-matcher

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Orbex Broker Review

2.9

/ 5

250
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

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

TradeFX evaluates brokers using an independent, criteria-based methodology designed to reflect what matters most to real traders. Our TradeFX score is calculated across multiple factors, including broker regulation and trust signals, total trading costs (spreads, commissions, swaps and non-trading fees), platform and tool quality, product offering, deposit/withdrawal experience, customer support responsiveness, and the overall trading experience across web and mobile.

We review and update our broker data regularly to keep our comparisons current and consistent. While we aim to provide objective, data-driven insights, trading and investing involve risk — so we always recommend that you do your own independent due diligence and verify key details directly with the broker and relevant official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

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

Maximum Leverage SA

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

Stop-Out Level (%)

Promotions

Regulatory Bodies

Broker Trust and Regulation

Platforms and Tools

Fees and Spreads

Tradable Instruments

Trader Support

Deposits and Withdrawals

Account Types

Orbex Broker Review
Trade Nation
READ REVIEW
Accepts South African Clients ×No Yes Yes Yes
Trading Instrument CFDs CFDs, Spot Trading CFDs, Spread Betting
Tradable Markets Forex, Commodities, Indices, Shares / Equities, Crypto, Precious Metals, Energy Markets Forex, Commodities, Indices, Shares / Equities, Precious Metals, Energy Markets, Crypto Indices, Forex, Commodities, Shares / Equities, Energy Markets, Precious Metals, Bonds, Crypto, ETFs
Trading Platform MT4, Web Trading, MT5, Proprietary Trading Platform, Mobile App Trading MT4, MT5, Mobile App Trading, Proprietary Trading Platform, Web Trading Proprietary Trading Platform, MT4, TradingView, Mobile App Trading, Web Trading
Promotions No No Yes — Deposit Bonus, Trading Credits, Cashback / Rebates No
Account Base Currencies USD, ZAR, EUR, GBP, CAD, JPY, AUD, CHF USD, JPY, CHF, AUD, ZAR, GBP, EUR, CAD ZAR, GBP, AUD, USD, EUR
Maximum Leverage SA 1:2000 1:1000 1:500
Minimum Deposit R200 R100 R1,000
Has Demo Account ×No Yes Yes Yes
Same-Day Withdrawals ×No Yes ×No ×No
Negative Balance Protection ×No Yes Yes Yes

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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matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs is high risk. Leverage can magnify losses, and you may lose your deposit. Only trade with money you can afford to lose.

TradeFX helps traders learn, compare brokers, and make informed decisions through independent insights and educational content.

TradeFX does not provide trading services.

Trade Now (PTY) Ltd – Registration No. 2025/947512/07

A juristic representative and agent of CFD Central Securities (PTY) Ltd Registration No. 2008/008752/07 (FSP No. 35731)

Registered Office: La Concorde, 57 Main Road, Paarl, Western Cape, 7646, South Africa

© 2026. TradeFX

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.

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