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Orbex Review

Orbex Forex Brokers Logo

Orbex is a fully licensed and regulated Forex broker, operating since 2010. The company includes Orbex Limited, which is regulated by CySec in Cyprus, and Orbex Global Ltd which is regulated by the Mauritius Financial Services Commission (FSC).

Contact phone number in the United Kingdom is: +442035198170. Customer support email address is: [email protected]. Official Website: https://www.orbex.com/en/.

Orbex Broker Review

Orbex Broker Review

Investors at Orbex are given access to the award-winning MT4 trading platform via Desktop, Multi-Terminal, Web, Android, and iOS versions. They offer a wide variety of assets to trade including Forex / Currency pairs, Commodities (oil, gold silver), Indices, and CFDs for shares trading.

Orbex provides several account types as they are developed to suit best beginners, as well as experienced traders. The minimum deposit for a starter investment account is $200, with variable spreads. This broker allows the use of Expert Advisors, Hedging, and Scalping and offers free VPS Hosting and access to exclusive signals and analyses via Trading Central.

The Leverage / Margin Rates offered is as high as 500:1 for international traders. In Europe, the maximum leverage offered is 30:1 for retail clients and 500:1 for professional clients.

Investors can create demo trading accounts and to test their trading strategies without risk to their capital. Orbex also covers the recent forex news, combined with detailed educational articles on technical and fundamental analyses along with in-house designed Orbex Web TV.

Orbex Trading Accounts Review

Is Orbex a Legit Broker?

Yes, Orbex is a licensed and regulated broker.

  • Orbex Ltd: Licensed by CySEC as a regulated broker since October 21st 2010, with license number 124/10 and registered address at 82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus. To verify, please enter the official license at CySEC’s website.
  • Orbex Global Limited: Regulated by the Mauritius FSC and located at 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène.

A CySEC licensed broker can offer brokerage accounts to all countries that are members of MiFID in the European Union. Additionally, they are a member of the Investors Compensation Fund which means your account has the protection of up to 20,000 euro in the event that the broker becomes insolvent.

The best way for you to know that a Forex broker is not a scam is by checking their regulatory status. When you see that they hold a valid license from a financial regulator, you can be sure that they are a legitimate broker.

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Compare Licensed Brokers

Since there are many Forex brokers to compare and choose from online. Most investors and day traders choose to use a licensed Forex broker, instead of a scam Forex broker, is because they are interested in trading, and not worrying about a broker becoming insolvent.

ForTrade is one of the fastest growing licensed CFD brokers in the United Kingdom & Australia. Their trading platform is versatile and easy for all levels of investors.

Learn more at: ForTrade.com.

If you are currently investing with Orbex, please share your review in the comments below.