Orbex Review 2025 Is Orbex Safe or a Scam Broker ️
Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… The deposit bonus and cashback program effectively reduce trading costs, while the refer-a-friend plan rewards clients for bringing in new business. The demo competition is a great way for new traders to hone their skills and gain real money with no risk. These accounts are offered by various online trading platforms, including stock trading platforms, foreign exchange trading venues, and commodities exchanges. The Orbex Mobile App is a simple solution to trade on the go, available for download both in the App Store and Google Play.
This is a crucial factor that traders shouldn’t overlook when choosing a broker, as tight regulatory oversight ensures protection and trust. When choosing a broker, it’s important to read reviews from previous users and industry experts. That way, you can find out the truth behind the potential marketing material.
What is the maximum leverage offered by Orbex?
Orbex is a feature-rich broker, allowing you to maximize your gains no matter what trading instrument you choose. A range of trading platforms allows you to personalize your trades, and these are all packed with individual tools. Access to the Trading Central portal is another advantage, allowing you to look for potentially successful trades with ease. In addition to the educational material, Orbex provides access to an economic calendar for Forex markets, a Forex glossary, and an online calculator for currency conversion. They also provide access to the much-loved Trading Central, which is a research portal that uses technical analysis to give traders a better idea of everything that is happening in the markets.
Trading Platforms and Tools
We’re always working to provide the best trading experience possible and your feedback helps us to improve.We’re grateful for your recommendation and look forward to continuing to serve you. If you ever need anything, don’t hesitate to reach out—our team is here to support you. Libertex is a reputable broker that offers affordable trading for all ability levels. It gives access to the MetaTrader 4 & 5 platforms, as well as a mobile app. For peace of mind, this broker is regulated by CySEC, which is a top-tier regulatory body.
Orbex fees compared to IG fees
You will have access to a diverse range of products including Foreign Exchange, Precious Metals, Future Contracts (OTC), Equity Indices (OTC), CFD’s, and Energy Contracts. Forex brokers tend to lure new traders with offers of attractive deposit bonuses. This can be useful, but it is essential to discern what a proper bonus is.
Orbex review
This means that you can trade the price movements of a particular asset or company, without purchasing the physical shares themselves. If you believe the price of a stock CFD will go up, you may take a long (buy) position. If you believe the price of a stock will go down, you may choose to take a short (sell) position.
- A deeper look into their current licensing, operations and compliance would help provide clarity on their safety and reliability as a broker.
- I think it is the ideal platform for beginners due to the intuitive layout whilst it has enough features to satisfy the needs of the most demanding of traders.
- This account charges $8 commission per lot and spreads from 0.0 pips.
- Orbex ensures that its platforms are regularly updated and optimized for performance, providing traders with a smooth and efficient trading experience across all devices.
- Besides, multiple awards Orbex has earned during its operation are proof that the broker has a good standing and is well-regarded by traders.
You can even hire a freelancer to do it for you if you don’t have the programming skills. Whatever your idea for a trading strategy, chances are that you can bring it to life in MT4. It is good to see Orbex also provides you with access to some additional tools free of charge to further enhance your trading possibilities. Orbex has a number of interesting tools that definitely help you understand the markets better, manage your risk, and automate your trading strategy. Through the Cyprus-registered firm, Orbex Limited, the broker serves clients from the 28 EU-member nations. The Mauritius-registered company, Orbex Global Limited, serves clients from all over the world, provided that the domestic regulations of a client’s resident country do not prohibit operation.
Be sure to familiarise yourself with the platform and adhere to risk management principles. Orbex is licensed and regulated by the Financial Services Commission (FSC) of Mauritius and the Seychelles Financial Services Authority (FSA). The FSC Mauritius license allows Orbex Global Limited to operate worldwide, except in certain restricted jurisdictions. The FSA license authorises Orbex Limited to provide investment services. The platform is available for Demo and Live account holders and combines copying capabilities within online trading. Such a bonus is but a way to compensate traders for choosing a certain broker, since once the account is opened, the trader will have the same expenses as any other.
When putting together our Orbex review, we explored several user reviews and found that most were positive. Most users praise the educational resources and state that they are able to learn a lot and improve their skills with ease. The range of tradable instruments and choice of platforms is also something which many users highlight. Successful trades are more likely when you have good trading conditions.
- It’s recommended to choose the currency type you use the most in your day-to-day life in order to save on fees for currency conversion.
- These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency.
- This account type is more suitable for professionals, offering more advanced opportunities.
- The Starter account is the only exception here, with regular $100 minimum deposits.
- This broker provides 24-hour customer support 5 days a week (Monday to Friday).
- In this respect, the major difference is between the spread-based Starter Account and two others with commissions as a primary charge.
It is always defined by the regulatory restrictions in each jurisdiction. We found that Orbex offers pretty good conditions for high-leverage trading for all its clients through its MFSC entity. We have revealed that the Orbex pricing structure mainly depends on the kind of account selected. In this respect, the major difference is between the spread-based Starter Account and two others with commissions as a primary charge.
Kenya Stock Exchange
Not all brokers offer a VPS service so this is certainly an advantage. One of the most important things to consider when choosing a broker is who it’s regulated by. Some entities are stronger than others, and you need the best protection to ensure your personal information and money are secure. Orbex is regulated by orbex review Mauritius Financial Services Commission (FSC) and the Seychelles Financial Services Authority (FSA).
You will find loads of tools for analysing the charts and managing your orders. Then there is the MQL marketplace which you can access from directly within the platform. This contains a plethora of free and paid tools to further enhance the platforms capabilities. If that isn’t enough, the MetaEditor enables you to develop your own tools in the MQL language.
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