Key Takeaways

  • Good copy trading platform (ORBEX Social Trading).
  • Good educational trading materials.
  • Free deposits and withdrawals.
  • Regulated broker (Cyprus CySEC and Mauritius FSC).


We start our ORBEX review with a quick analysis of the overall ratings of this Cyprus-based CFDs broker.

Orbex Overall rating

3.7
Ranked 102 out of 1761 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Real customer rating 3
Popularity
3.9
3
Regulation
5.0
2
Pricing rating
3.0
1
Features
Not rated
1
Customer Support
Not rated
1

ORBEX pricing: the broker scores an average of 3 out of 5 for its pricing. ORBEX proposes the Starter account with variable spreads from 1.5 pip and no trading commissions. Then we can find the Fixed account, with spreads from 1.9 pip and also, no trading commissions. The ECN model account, the Premium account, has starting spreads of 0.0 pip for most major FX pairs, but an above-average trading commission of $8 per round lot traded.

ORBEX regulations: the broker scores an excellent 5 out of 5, with the Cyprus CySEC regulated entity also offering a regulatory deposit compensation insurance of up to €20,000.

ORBEX popularity: currently scoring 3.9 out of 5 with the trading community, ORBEX offers some unique features, such as the ORBEX specials with access to Trading Central, curated market analysis by experts and webinars.

ORBEX user rating: currently, ORBEX does not have enough user reviews from verified traders for an accurate user rating.

Orbex Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Orbex Limited up to €20,000 30 : 1
Orbex Global Limited 500 : 1

ORBEX European regulation: ORBEX Limited is registered with the address at 6, Maximos Michaelides Str, Maximos Plaza, Block 3, 5th Floor, Office 3501, CY-3106 Limassol, Cyprus. This entity is regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence 124/10. The Cyprus CySEC licence allows ORBEX Limited to carry out brokerage activities in Europe, as an intermediary in the financial markets, respecting the MiFID obligations.
ORBEX Limited website is https://orbex.com.cy.

ORBEX Mauritius regulation: ORBEX Global Limited is incorporated in the Republic of Mauritius. The company has a registered office on the 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebne, Republic of Mauritius. ORBEX Global Limited is regulated by Mauritius FSC with an investment dealer licence.
ORBEX Global Limited website is https://www.orbex.com/en.

Client Money Protection

ORBEX complies with the highest safety standards regarding clients' funds, by offering segregated accounts. This means that ORBEX clients’ funds are fully segregated from the company's funds, in top-tier international banks.

Regulatory Deposit Insurance

Only ORBEX Limited offers regulatory deposit insurance, provided by Cyprus’ Investor Compensation Fund (ICF). The ICF is a rescue fund for customers of failed investment firms that are licensed by the Cyprus CySEC. Clients of ORBEX Limited might be entitled to compensation, up to the value of €20,000 per claim.

Negative Balance Protection

Both ORBEX group entities have an NBP mechanism in place by default, protecting traders from any losses bigger than their original investments.

Orbex Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Starter Fixed Premium Ultimate
Forex$3.50 Per Lot$4.00 Per Lot$1.50 Per Lot$0.25 Per Lot
Oil / Energies$3.50 Per Lot$4.00 Per Lot$1.50 Per Lot-
Metals$3.50 Per Lot$4.00 Per Lot$1.50 Per Lot$0.25 Per Lot
Indices$3.50 Per Lot$4.00 Per Lot$1.50 Per Lot-
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Starter
Forex $3.50 Per Lot
Oil / Energies $3.50 Per Lot
Metals $3.50 Per Lot
Indices $3.50 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Fixed
Forex $4.00 Per Lot
Oil / Energies $4.00 Per Lot
Metals $4.00 Per Lot
Indices $4.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Premium
Forex $1.50 Per Lot
Oil / Energies $1.50 Per Lot
Metals $1.50 Per Lot
Indices $1.50 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Ultimate
Forex $0.25 Per Lot
Metals $0.25 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

Rebates are not paid for accounts registered with: CySEC entity.

What are Orbex rebates?

Orbex rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Orbex rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Orbex rebates can I earn?

Use our forex rebate calculator to estimate your Orbex rebate earnings:

You must enter a valid number

Are Orbex rebates a scam; do my spreads increase?

Orbex rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for Orbex rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

Orbex Web traffic

Websites
orbex.com
Organic monthly visits 138,900 (100%)
Organic traffic rank 118 out of 1761 (Forex Brokers)
Paid monthly visits 0 (0%)
Total monthly visits 138,900
Bounce rate 84%
Pages per visit 1.23
Average visit duration 00:00:35

Orbex Profile

Company Name Orbex Group Limited
Categories Forex Brokers, Forex Rebates
Primary Category Forex Brokers
Year Founded 2011
Headquarters Mauritius
Office Locations Albania, Bangladesh, China, Egypt, Jordan, Kuwait, Mauritius
Account Currency EUR, GBP, PLN, USD
Support Languages Arabic, Bulgarian, English, French, German, Hungarian, Indonesian, Italian, Malay, Polish, Spanish, Vietnamese, Bengali, Urdu, Farsi, Slovakian, Chinese (Traditional), Khmer
Funding Methods Bank Wire, China Union Pay, Credit/Debit Card, FasaPay, Neteller, Perfect Money, Skrill (Moneybookers), Tether (USDT)
Financial Instruments Forex, Shares, Indices, Oil/Energies, Metals
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Established in 2011, the ORBEX brand is a multi-asset online brokerage with headquarters in Mauritius, and offices in multiple locations around the globe. ORBEX provides easy access and trading services to a wide range of financial markets, including FX, indices, metals and energies.

ORBEX provides comprehensive services with the customer consistently in mind and deploys several measures to guarantee customer satisfaction, including multi-lingual live chat support. ORBEX's mission is bold and ambitious: through superior customer service, the company aims to continue to grow internationally and get established as a global brand.

ORBEX customers can trade a diverse range of assets via the classic MetaTrader 4 platform, available for desktop and mobile. Also, we recommend the ORBEX Social Trading platform for investors looking to copy the trades of more experienced traders. Or, for traders looking to earn some extra cash from their trading, as signal providers.

Orbex Asset classes

ORBEX proposes a selected range of 300+ CFDs for trading, providing investors with access to multi-asset trading. ORBEX’s trading platform (MT4) is available for web browsers, desktop terminals and mobile devices.

Currencies: 44 pairs, including Minor and Exotic crosses.

Cryptocurrencies: currently, ORBEX does not provide crypto CFDs trading.

Commodities: 7 commodities, including 4 combinations of metals and 3 energies (UK Oil, US Oil and Nat Gas).

Indices: 5 indices, including US 30, UK 100 and GER 40, plus 5 indices futures CFDs.

Stocks: 250 stocks CFDs from global top companies and banks, such as Amazon, Uber, Tesla, BMW and Santander Bank.

Orbex Account types

  Starter Fixed Premium Ultimate
Commission-$8.0 Per Lot$5.0 Per Lot
Maximum leverage500:1
Mobile PlatformMT4 Mobile
Trading PlatformMT4
Spread TypeVariable SpreadFixed Spread Variable Spread
Minimum Deposit200500500025000
Minimum Trade Size0.01-
Trailing Stops
Scalping Allowed
Hedging Allowed
  Starter
Maximum leverage 500:1
Typical Spread 1.7
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
  Fixed
Maximum leverage 500:1
Typical Spread 1.9
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Fixed Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
  Premium
Commission $8.0 Per Lot
Maximum leverage 500:1
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 5000
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
  Ultimate
Commission $5.0 Per Lot
Maximum leverage 500:1
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 25000
Trailing Stops
Scalping Allowed
Hedging Allowed

ORBEX offers up to four trading accounts: Starter, with variable spreads and no commissions, Fixed, with fixed spreads and no trading commissions, Premium, also with variable spreads and an $8 trading commission per round lot.

Finally, for traders with larger capitals, ORBEX proposes the Ultimate account, also with variable spreads and a trading commission of $5 per round lot traded. Within the ORBEX’s range of accounts traders can also find:

Swap-free accounts are provided by ORBEX for traders of Islamic beliefs.

Social trading, including copy trading, is available through the ORBEX Social Trading platform and investors can copy the positions of other traders.

PAMM accounts and MAM accounts (Multi-Account Manager) are also provided by ORBEX for money managers.

ORBEX leverage ratios are 30:1 for accounts opened with the European entity, and up to 500:1 for accounts opened with the Mauritius FSC regulated entity.

Orbex Demo account

Orbex demo account gives users the chance to test the broker's pricing and execution on several asset classes, without risking any real money.

The demo account is non-expiring

Virtual funds: up to $100,000

Leverage: up to 500:1

Financial instruments: forex, indices, stocks and commodities

Register for free and test your trading strategies, open a Orbex demo trading account with no risk and no obligation now.

Orbex Pricing

Account/Pricing Starter Fixed Premium Ultimate
EUR/USD spread avg 1.5 pip avg 1.9 pip from 0.0 pip from 0.0 pip
EUR/USD commission 1 lot $0 $0 $8 $5
EUR/USD swap rate
1 lot (20-05-2022) in points
  • Long: -0.754
  • Short: +0.213

Spreads and trading commissions

We use the EUR/USD pair as the benchmark for our Orbex pricing comparison table, as it is the most traded FX pair, and also the most popular currency pair with traders.

ORBEX Starter account spreads are variable (average 1.5 pip for the EUR/USD), is commission-free, and could represent the ideal solution for investors looking to trade with only the bid/ask prices.

ORBEX Fixed account spreads are also variable (average 1.9 pip for the EUR/USD), are commission-free, and could represent the ideal solution for investors looking to trade with fixed spreads, without surprises.

ORBEX Premium account spreads start at 0.0 pip, but the account is subject to trading commissions, and, for the EUR/USD, is $4 per lot, per side ($8 per round lot).

ORBEX Ultimate account spreads start also at 0.0 pip, but with a more generous trading commission, and, for the EUR/USD, is $2.5 per lot, per side ($5 per round lot). But there’s a catch. To benefit from the better pricing, traders will have to deposit a minimum of $25,000 (or equivalent in the other accepted currencies).

Rollover rates

ORBEX swap rates, as of 19-05-2022, for 1 lot EUR/USD (100,000 units) are –0.754 points for holding a long 1 lot position overnight and +0.213 points for holding a short 1 lot position. The swap is charged/credited at the end of each business day at 11 PM (GMT).

The 3-day swap rate is charged on Wednesdays at 11 PM (GMT).

Orbex Deposits / Withdrawals

ORBEX proposes its distinct trading accounts, (Starter, Premium and Ultimate) in a few base currencies. The broker also provides multiple funding methods, including the most popular e-wallets and USDT, via Crypto:

Account currencies: USD, EUR, GBP, PLN.

Starter account minimum deposit: 200 USD.

Premium account minimum deposit: 5,000 USD.

Ultimate account minimum deposit: 25,000 USD.

Funding methods: Bank wire, China Union Pay, Credit/Debit cards, Neteller, Skrill, Perfectmoney, Enet, Fasapay, Crypto (USDT only).

Deposit fees: ORBEX does not charge fees for deposits.

Deposit processing times: from instant to 2 hours (bank wires up to 5 business days).

Withdrawal fees: ORBEX does not charge fees for withdrawals.

Withdrawal processing times: variable, up to 24 hours (bank wires up to 5 business days).

Inactivity fee: ORBEX reserves the right to charge an inactivity fee when an account has been deemed inactive (no trading activity) for 6 months. ORBEX will deduct an inactivity fee of 20 USD, 20 EUR, 20 GBP or 20 PLN (depending on the base currency of the account holder) per month, from the account balance.

For more information, please visit the ORBEX deposit and withdrawals web page, or log in to your My Orbex Portal.

Orbex Popularity

With thousands of accounts opened from traders worldwide, ORBEX seems to have captured the attention of the trading community. Still, it also seems to fail in increasing its market share as the popularity of this broker is currently scoring an average of 3.0.

Nevertheless, ORBEX could become a more popular broker in the retail trading community, for its great features:

Client safety mechanisms: segregated client money, negative balance protection and regulatory deposit insurance (subject to contracting entity).

Competitive pricing: spreads from 0.0 pip on the Ultimate account with low trading commissions of $5 per traded lot, no fees on deposits/withdrawals.

Execution model: NDD.

Trading education: technical analysis, videos, webinars, online tools (trading central, calculators and economic calendar).

Customer support languages: Arabic, Bengali, Bulgarian, Chinese (Traditional), English, Farsi, French, German, Hungarian, Indonesian, Italian, Khmer, Malay, Polish, Slovakian, Spanish, Vietnamese, Urdu.

Overall, the client funds safety mechanisms offered by ORBEX, the tier-1 bank liquidity with precise execution and low commissions, NDD execution, merged with the attractive zero-fees on deposits and withdrawals policy, position Orbex on the top 30 brokers for popularity with traders opening a trading account in 2022.

Orbex Promotions


Orbex FAQs

Is ORBEX a regulated retail forex broker?

Yes, ORBEX is a regulated forex broker. The broker is regulated by Cyprus CySEC, and by Mauritius FSC.

What is ORBEX's minimum deposit?

ORBEX's minimum deposit for the Starter account is $. The Premium account is $5,000. The minimum deposit for the Ultimate account is $25,000.

What is ORBEX's maximum forex leverage?

ORBEX's maximum forex leverage ratio for accounts opened with the Cyprus CySEC regulated entity is 30:1. For accounts opened with the Mauritius FSC regulated entity is 500:1.

Can I earn rebates with ORBEX?

Yes, traders can earn rebates from trading with ORBEX. Please check the cashback rebates section.

What funding methods are accepted by ORBEX?

ORBEX accepts account deposits with bank wire, credit & debit cards, China Union Pay, Neteller, Skrill, Perfectmoney, Enet, Fasapay and Crypto (USDT only).

What account currencies are available with ORBEX?

Traders can open a trading account in EUR, GBP, PLN and USD.

What trading platforms are available with ORBEX?

Investors can trade the markets via the MT4 and invest or offer signals with ORBEX’s social trading platform.

Does ORBEX offer Cent accounts?

No, ORBEX does not have Cent accounts.

Does ORBEX have negative balance protection?

Yes, ORBEX has negative balance protection for traders opening an account with the CySEC and Mauritius FSC regulated entities.

Does ORBEX have regulatory deposit insurance?

Yes, ORBEX has regulatory deposit insurance for traders opening an account with Cyprus’ CySEC regulated entity. Retail traders’ deposits are covered up to €20,000 per claim.

Does ORBEX have swap-free accounts for traders of Islamic belief?

Yes, ORBEX has swap-free accounts for a trader of the Islamic religion. Terms and conditions apply.

Does ORBEX accept applications from residents in Japan?

Yes, ORBEX accepts applications from residents in Japan.

Does ORBEX accept applications from residents in Canada?

No, ORBEX does not accept applications from residents in Canada.

Does ORBEX allow scalping trading?

Yes, ORBEX allows scalping trading, except for Fixed spread accounts.

What is the ORBEX execution model?

The ORBEX execution model is NDD (No-Dealing Desk).

Does ORBEX have mobile trading platforms?

Yes, ORBEX has the MT4 platform available for mobile devices running on iOS and Android.

Does ORBEX have a trading API?

Yes, ORBEX has a trading API.

Does ORBEX pay interest on margin?

No, ORBEX does not pay any interest on margin.

What type of spreads are ORBEX spreads?

ORBEX’s spreads are variable for the Starter, Premium and Ultimate accounts. The Fixed account has fixed spreads (not applicable in periods of increased market volatility).

Orbex Real customer rating

3.0

Orbex reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

Currently, we do not have enough data from ORBEX's verified customers, with a real trading account, to analyse and publish its client's feedback. We will update this user rating section soon.

Review sources

With an industry presence of over 10 years, we are a leading IB broker of forex and CFDs trading accounts to virtually all of the world's top brokers. One of our primary missions is also to help the trading community make informed decisions, by publishing accurate and unbiased content, supported mainly by primary sources.

These sources may include government data, the information supplied by the broker and data available on the broker's corporate website(s), the analysis and reviews of our in-house industry experts, and the feedback provided by the broker’s verified traders with a live account. The information on this ORBEX review page was also sourced from:

Mauritius Financial Services Commission website, ORBEX Global Ltd, company details page.

Cyprus Securities and Exchange Commission website, ORBEX Limited, company details page.

ORBEX global website, Trading Accounts, trading accounts comparison page.

ORBEX global website, Contracts Specs, financial instruments specifications page.

ORBEX global website, Help Centre, frequently asked questions page.

FXverify website, ORBEX user reviews by verified traders with a live account, reviews page


Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check the ORBEX website, for the percentage (%) of retail investor accounts which lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.