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Orbex Review 2026

Logo Orbex
Top Brokers Overview — United States
Visit the site anyway
6 /10
Moderate risk
How we tested Orbex

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Orbex Pros & Cons

  • ability to choose an account with a different level and type of spread;
  • ability to copy trades and use trading advisors;
  • protection from a negative balance.
  • no list of best-trading terms for novice traders;
  • There is no cent account for novice traders and traders who want to test the broker's services;
  • the only trading terminal is the MT4. There is no web platform or MT5;
  • the support service responds within 24 hours.

The Orbex brokerage has been providing services since 2010. Orbex Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC, 124/10), while Orbex Global Limited is regulated by the Mauritius Financial Services Commission (View License). Orbex Limited is regulated by the FSA SD110 (Seychelles). The broker provides access to currency pairs, CFDs on stocks, indices, energy resources, and precious metals. According to the Global Banking and Finance Review, Orbex is recognized as the best Forex broker in Europe and the Middle East by MENA in 2020.

TU Expert Verdict

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

Orbex demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Orbex provides access to trading Forex pairs and CFDs on stocks, indices, commodities, and metals, supported by MT4 as the core platform. The broker holds regulation from CySEC in Cyprus Tier-1, as well as licenses in Mauritius and Seychelles, and offers trading accounts including Demo, Standard, ECN Raw, Micro, Swap Free, and VIP options. Spreads are competitive starting from 0.1 pips on Standard accounts, and ECN accounts charge a $3 per lot commission with tight spreads. Traders benefit from negative balance protection, easy online registration, and multilingual platform support, while additional tools include copy trading and free VPS.

Some disadvantages include the absence of a cent account for those wishing to trade with minimal risk, limited asset diversity compared to top competitors, support that may take up to 24 hours to respond, and sole reliance on MT4 without MT5 or a web platform. Orbex may be suitable for experienced traders who value regulation and trading features, but it may not meet the needs of beginners seeking smaller trade sizes or those who prioritize broader platform and asset access.

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Orbex User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
4.2 /10
13 total
  • 5-star
    0%
  • 4-star
    0%
  • 3-star
    38%
  • 2-star
    31%
  • 1-star
    31%
AmericoSalva
1 year ago

Orbex is a great company! I am very satisfied with their service and trading conditions. I'm particularly pleased with the support, you can always get help by phone or e-mail. I have contacted the support team several times with various questions and they have always helped me quickly and professionally. The trading conditions at Orbex are also excellent. They have a wide selection of trading instruments. The platform is stable and fluid, and orders are executed quickly. Overall, I would recommend Orbex to anyone looking for a reliable broker offering excellent service and favorable trading conditions.

Orbex est une entreprise formidable ! Je suis très satisfait de leur service et de leurs conditions de trading. Je suis particulièrement satisfait de l'assistance, vous pouvez toujours obtenir de l'aide par téléphone ou par e-mail. J'ai contacté l'équipe d'assistance à plusieurs reprises pour diverses questions et ils m'ont toujours aidé rapidement et professionnellement.
Les conditions de trading chez Orbex sont également excellentes. Ils disposent d'une large sélection d'instruments de trading. La plateforme est stable et fluide et les ordres sont exécutés rapidement.
Dans l'ensemble, je recommanderais Orbex à tous ceux qui recherchent un courtier fiable offrant un excellent service et des conditions de trading favorables.

rafadenan
1 year ago

Orbex leaves a positive impression thanks to its ability to automate trading and copy transactions. This makes it attractive to traders looking for ways to optimize their trading. However, the lack of a penny account can be an obstacle for novice traders wishing to start with a small investment.

Orbex laisse une impression positive grâce à sa capacité à automatiser le trading et à copier des transactions. Cela le rend attrayant pour les traders qui cherchent des moyens d'optimiser leur trading. Cependant, l'absence de compte en cents peut constituer un obstacle pour les traders débutants qui souhaitent commencer avec un petit investissement.

KelvinZess
3 years ago

Orbex is one of those companies that cannot be let go. I write to them every day, but so far without results. It's been 4 weeks already, I have no idea how long it will last, but I'm not going to give up. $6,000 is a lot for me and I'm not going to give it to anyone.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    7 /10

    The trading and non-trading commissions of Orbex have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • Tight EUR/USD market spread
    • No inactivity fee
    • No deposit fee
    • No withdrawal fee
    • Complex fee structure

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of Orbex with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, Orbex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    Orbex Standard spreads
    Orbex OANDA FOREX.com
    EUR/USD min, pips 0.1 0.1 0.7
    EUR/USD max, pips 1.5 0.5 1.2
    GPB/USD min, pips 0.1 0.1 0.9
    GPB/USD max, pips 1.5 0.5 1.4

    RAW/ECN Account Commission And Spread

    The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

    Orbex RAW/ECN spreads
    Orbex OANDA FOREX.com
    Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3 3.5 5
    EUR/USD avg spread 0.3 0.15 0.2
    GBP/USD avg spread 0.3 0.2 0.4

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with Orbex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    Orbex Non-Trading Fees
    Orbex OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 0 0 15

  • Is Orbex Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    9.4 /10

    Orbex has a safety score of 9.4/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Tier-1 regulated
    • Negative balance protection
    • Track record over 17 years
    • Strict requirements and extensive documentation to open an account
    Orbex Regulators and Investor Protection
    CySecCySec Full Name Cyprus Securities and Exchange Commission Country of regulation Cyprus Investor Protection Fund Up to €20,000 Regulation Level Tier-1
    FSC (Mauritius)FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3
    FSA (Seychelles)FSA (Seychelles) Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3
    Orbex Security Factors
    Foundation date 2009
    Negative balance protection
    Yes
    Verification (KYC)
    Yes

  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    5 /10

    Orbex offers the following account options: Demo, Standard, ECN/Raw spread, Micro, Swap Free, VIP.

    However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

    • Forex account with Micro lots
    • Tight spread ECN account
    • Standard account with balanced trading conditions
    • No Cent account
    Orbex account types vs top competitors
    Orbex Trading.com Plus500
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    Yes
    No
    No
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    Yes
    No
    No
    Swap Free
    Yes
    No
    No
    VIP
    Yes
    No
    No
    Managed
    No
    No
    No

    Orbex accounts trading conditions

    The Orbex broker offers three types of trading accounts. They differ in the minimum deposit size, the spread type/level, the commission, and extra options.

    Types of accounts:

    Account Type Description
    Starter This is an account with a floating spread of 1.5 pips and a deposit of $100. Advisors and scalping strategies are allowed;
    Premium This is an account requires a deposit from $500. Floating spread is from 0.0 pips. The commission is $8 per lot. Access to premium signals and advanced training is available;
    Ultimate This is a professional account with a floating spread of 0.0 pips and a minimum deposit starting at $25,000. The commission is $5 per lot. The account holder can participate in exclusive practical webinars.

    The broker allows you to open a demo account with a virtual currency on the balance sheet, the terms of which are the same as on real accounts.

    Orbex is primarily aimed at working with professionals ready to invest $100 or more.

  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    6.8 /10

    Orbex received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    Orbex provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • USDT (Tether) supported
    • Bank card deposits and withdrawals
    • Low minimum withdrawal requirement
    • No withdrawal fee
    • Only major base currencies available
    • PayPal not supported
    • Wise not supported

    What are Orbex deposit and withdrawal options?

    Orbex provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.

    Orbex Deposit and Withdrawal Methods vs Competitors
    Orbex Trading.com Plus500
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    No
    No
    Yes
    Wise
    No
    No
    No
    BTC
    Yes
    No
    No

    What are Orbex base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Orbex supports the following base account currencies: USD, EUR, GBP, PLN.

    What are Orbex's minimum deposit and withdrawal amounts?

    The minimum deposit on Orbex is $100, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Orbex’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    7.5 /10

    Orbex offers a limited selection of trading assets compared to the market average. The platform supports 400 assets in total, including 40 Forex pairs.

    • Copy trading platform
    • Commodity futures are available
    • 40 supported currency pairs
    • Limited asset selection
    • Bonds not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by Orbex with its competitors, making it easier for you to find the perfect fit.

    Orbex Trading.com Plus500
    Currency pairs 40 69 60
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 400 69 2800
    Stocks
    Yes
    No
    Yes
    Commodity futures
    Yes
    No
    Yes
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    Yes
    No
    Yes
    Stock indices
    Yes
    No
    Yes
    Options
    Yes
    No
    Yes

    Investment options

    We also explored the trading assets and products Orbex offers for beginner traders and investors who prefer not to engage in active trading.

    Orbex Trading.com Plus500
    Bonds
    No
    No
    No
    ETFs
    Yes
    No
    Yes
    Copy trading
    Yes
    No
    No
    PAMM investing
    Yes
    No
    No
    Managed accounts
    No
    No
    No

  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at Orbex by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    9 /10

    We successfully registered an account with Orbex in 5 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Orbex is $100. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Fully online account opening process
    • Fast registration time (up to 15 minutes)
    • Low minimum deposit requirement
    • Account approval may require extra time depending on the documentation.
    Orbex account opening
    Orbex Trading.com Plus500
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $100 $50 $100
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 5 20
    KYC time (days) 2 2 3

    Is Orbex available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    To open a trading account with Orbex and get a rebate from the Traders Union:

    • Register on the Traders Union website, follow the affiliate link to the broker's website and click "Open a real account" on its home page. Select the Orbex division based on the trading terms and the preferred regulator.

    • Select the account type (individual, joint, corporate), give your full name, patronymic, email, country, phone number to receive the confirmation code. Enter the 4-digit code and confirm that you want to open the account. Next, you will get an email with a link to confirm the email address. Click on it, and then come up with a strong password. Complete the verification process before making your first deposit.

    • The functionality of the Orbex personal account allows you to:

      • To replenish your account and withdraw funds.
      • Download the trading terminal and documents.

    Also, in the user's personal account you can:

    • view Bid/Ask and spreads for trading instruments in the "Trading Tools" section;
    • install the Trading Centers plugin, connect the VPS server, and subscribe to Strategizer;
    • open an Islamic account (swap);
    • view the latest news, as well as forecasts based on technical and fundamental analysis.

  • Trading platforms & tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria
    8.7 /10

    Orbex received a score of 8.7/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.

    • One-click trading
    • Trading bots (EAs) allowed
    • MetaTrader is available
    • Free VPS for uninterrupted trading
    • No access to a proprietary platform
    • No access to cTrader and its advanced tools.
    • No TradingView integration

    Supported trading platforms

    Orbex supports the following trading platforms: MT4, MT5. This selection covers the basic needs of most retail traders. We also compared Orbex’s platform availability with that of top competitors to assess its relative market position.

    Orbex Trading.com Plus500
    MT4
    Yes
    No
    No
    MT5
    Yes
    Yes
    No
    cTrader
    No
    No
    No
    TradingView
    No
    Yes
    Yes
    Proprietary platform
    No
    Yes
    Yes
    NinjaTrader
    No
    No
    No
    WebTrader
    No
    Yes
    Yes

    Key Orbex’s trading platform features

    We also evaluated whether Orbex offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

    Supported features
    2FA
    Yes
    Alerts
    Yes
    Trading bots (EAs)
    Yes
    One-click trading
    Yes
    Scalping
    Yes
    Supported indicators 68
    Tradable assets 400

    Additional trading tools

    Orbex offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

    Orbex trading tools vs competitors
    Orbex Trading.com Plus500
    Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.
    Yes
    Yes
    No
    API
    Yes
    No
    No
    Free VPS
    Yes
    No
    No
    Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.
    No
    No
    No
    Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.
    No
    No
    No

  • Mobile Apps

    Score:
    This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria
    8 /10

    Orbex supports mobile trading, offering dedicated apps for both iOS and Android. Orbex received 8/10 in this section, reflecting strong user engagement and well-developed functionality. High ratings, solid download numbers, and the presence of advanced mobile features contributed to the high score.

    • Supports mobile 2FA
    • Solid iOS user feedback, with a rating of 4.0/5
    • Indicators supported
    • Low app installs across iOS and Android

    We compared Orbex with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

    Orbex Trading.com Plus500
    Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 10,000 50,000 10,000,000
    App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.0 4.8 4.7
    Google Play score 4.9 4.7 4.4
    Mob. 2FA
    Yes
    Yes
    Yes
    Mob. Indicators
    Yes
    Yes
    Yes
    Mob. Alerts
    Yes
    Yes
    Yes

  • Customer Support

    Score:
    We evaluated Customer Support at Orbex by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    6.8 /10

    Customer support at Orbex is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

    During testing, response times were moderate, and communication depended on the complexity of the request. Orbex provides basic support functionality but does not stand out in overall service performance.

    Information

    Customer support is available 24/5. The finance department works from 07:00 AM - 2:00 PM (GMT).

    • A variety of communication methods
    • Multilingual support
    • Does not work on weekends
    • Operators are constantly busy, so you have to wait 24 hours for the answer 
    • No telephone numbers for customers from abroad

    Available contacts:

    • online-chat on the website;
    • the phone numbers in the "Contact us" section;
    • via email;
    • contact form;

    Online chat is available on the company's website and in your personal account in the "Need Help" section.

    Contacts
    Foundation date 2009
    Registration address 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius
    Regulation CySec, FSC, FSA Licence number:
    124/10
    Official site orbex.com
    Contacts support@orbex.com +35725588855, +442035198170

Best Orbex Alternatives

Trading.com USA
Logo Trading.com USA
Trading.com USA
6.8 /10
Regulation Tier-1
EUR/USD 0.9 pips
Plus500
Logo Plus500
Plus500
6.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
6.7 /10
Regulation Tier-1
EUR/USD 0.1 pips
FOREX.com
Logo FOREX.com
FOREX.com
6.5 /10
Regulation Tier-1
EUR/USD 0.7 pips
Venom by Cobra Trading
Logo Venom by Cobra Trading
Venom by Cobra Trading
6.4 /10
Regulation Tier-1
EUR/USD 0.25 pips

FAQs

How safe is Orbex in terms of regulation and client protection?

Orbex has a safety score of 9.4/10, categorized as a high security level, and is regulated by CySEC in Cyprus (Tier-1), as well as by regulators in Mauritius and Seychelles (both Tier-3). The broker offers negative balance protection, requires KYC verification, and CySEC-regulated accounts may be covered by an investor compensation fund up to €20,000, while the Mauritius and Seychelles entities do not have specified investor protection funds in this review.

What commissions and fees does Orbex charge on forex trading?

According to the review, Orbex’s overall fee level is rated as medium with a score of 7/10, but it highlights low forex trading fees, tight EUR/USD spreads, and the absence of deposit, withdrawal, and inactivity fees. On Standard accounts, EUR/USD and GBP/USD spreads typically range from 0.1 to 1.5 pips, while RAW/ECN accounts show average spreads of 0.3 pips on EUR/USD and GBP/USD plus a $3 commission per lot.

What types of trading accounts are available at Orbex?

Orbex offers Demo, Standard, ECN/Raw spread, Micro, Swap Free, and VIP accounts, but does not provide a Cent account according to this section. The main live account options described are Starter (from $100, floating spread around 1.5 pips), Premium (from $500, spreads from 0.0 pips with $8 per lot commission), and Ultimate (from $25,000, spreads from 0.0 pips with $5 per lot commission and access to exclusive webinars).

What trading platforms and tools does Orbex provide for its clients?

Orbex supports MT4 and MT5, allowing one-click trading, trading bots (EAs), scalping, and offers 68 indicators and around 400 tradable assets, but does not provide cTrader, TradingView, or a proprietary platform. Additional tools mentioned include Trading Central, API access, and a free VPS, while a strategy (EA) builder and Autochartist are not available in this review.

What do reviews say about Orbex customer support and response times?

The customer support section describes service quality and response speed as variable, with some queries handled efficiently and others requiring follow-ups. Support is available 24/5 via online chat, phone numbers listed in the “Contact us” section, email, and a contact form, but the review notes that operators can be busy, replies may take up to 24 hours, there is no weekend support, and no phone numbers for customers from abroad are specified.

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