Orbex Broker Review
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!
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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
Pros / Cons
- Low Spreads
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
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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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
Content Writer | Market Analyst
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