Overall Rating: ★★★★☆ (4.0/5.0)

Orbex is a global forex and CFD broker providing access to a wide range of financial instruments, including forex, commodities, indices, and cryptocurrencies. Established in 2011, Orbex offers competitive pricing, tight spreads, and a variety of platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker is regulated by CySEC (Cyprus) and operates in compliance with MiFID II, providing a secure trading environment. Orbex is particularly well-suited for retail traders, offering advanced trading tools and excellent customer support.

In this review, we’ll explore Orbex’s features, pricing structure, platform options, and why it continues to be a reliable choice for traders in 2025.

Key Features

Orbex offers multiple platform options, competitive spreads, and advanced trading tools, making it a suitable option for beginner and experienced traders alike.

• Trading Platforms:
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • Orbex WebTrader (proprietary web-based platform)
• Markets Offered:
  • Forex, commodities, indices, and cryptocurrencies
  • Over 200 instruments available for trading
• Account Types:
  • Standard, ECN, and Islamic accounts
• Leverage:
  • Up to 1:500 for forex
  • Up to 1:20 for cryptocurrencies
• Minimum Deposit:
  • $100
• Funding Methods:
  • Bank transfers, credit/debit cards, Skrill, Neteller, PayPal, Bitcoin, Tether (USDT)

Regulation and Security

Orbex is a regulated broker, providing strong security measures and investor protection for its clients.

• Regulated by CySEC (Cyprus) and MiFID II compliant
• Segregated client funds held in Tier-1 banks
• Investor protection scheme (for EU clients, up to €20,000)
• Negative balance protection for retail clients
• High-level encryption and secure trading infrastructure

Pricing and Costs

Orbex offers competitive spreads and zero-commission trading, making it an attractive choice for traders seeking low-cost trading.

• Spreads:
  • From 0.0 pips (ECN account)
  • From 1.2 pips (Standard account)
• Commissions:
  • $3 per lot round turn (ECN account)
  • Zero commission on Standard accounts
• Deposit/Withdrawal Fees:
  • No fees for deposits
  • No withdrawal fees for most methods
  • Fast withdrawal processing (typically within 1-2 business days)
• Inactivity Fee:
  • $10 per month after 6 months of inactivity

Educational Resources and Customer Support

Orbex offers a wide range of educational resources and market analysis, making it suitable for traders of all levels.

• Education:
  • Webinars, platform tutorials, trading guides, and market analysis
  • Advanced trading strategies and psychology webinars
• Market Analysis:
  • Daily market updates, technical analysis, and forecasts
  • Economic calendar and live trading sessions
• Customer Support:
  • 24/5 live chat, phone, and email support
  • Multilingual support available
  • Responsive and professional service

Risk Management Tools

Orbex offers advanced risk management tools, which are ideal for both beginner and experienced traders.

• Stop-loss, take-profit, and trailing stop orders
• Guaranteed stop-loss orders (GSLOs) available on certain instruments
• Negative balance protection for retail clients
• Advanced margin call and alert system
• Customizable risk management tools

Pros and Cons

Pros

• Regulated by CySEC and MiFID II compliant
• Competitive spreads and zero commission on trades
• Multiple platforms (MT4, MT5, proprietary WebTrader)
• Wide range of instruments (over 200)
• Educational resources for all skill levels
• Negative balance protection for retail clients
• Fast and efficient customer support

Cons

• Minimum deposit may be higher than some other brokers ($100)
• Inactivity fee for accounts not used for 6 months
• Leverage on cryptocurrencies limited to 1:20
• Limited advanced tools for professional traders

Conclusion: Is Orbex the Right Choice?

Orbex is a well-regulated broker with competitive spreads, advanced platforms, and excellent customer support. It is a solid choice for both beginner and intermediate traders, offering a safe, transparent environment with strong regulatory oversight. The wide range of instruments, low commissions, and zero-commission trading make it appealing, although the minimum deposit requirement and limited cryptocurrency leverage may be factors to consider. For traders looking for a reliable and regulated broker, Orbex is an excellent choice in 2025.