ORBEX REVIEW 2023
Offering seamless brokerage services, Orbex is affiliated with Mauritius-based Orbex Global Limited. Regulated by Mauritius Financial Services Commission “FSC”, Orbex.com educates, supports, and empowers investors to explore the wide and wild world of financial markets.
Since its inception in 2011, Orbex is providing smooth and transparent services with ultimate security and keeps on updating its systems with the latest in financial technology.
Main Features
Orbex is the most probable choice of traders because of its following features.
- Ultrafast Execution
In this fast-moving world, there is zero tolerance for any lag, as things get changed within seconds. So the prime benefit of Orbex is its ultrafast execution. With its top-notch technology, Orbex ensures completing a transaction earlier than 0.03 seconds.
- Top Tier Security
Orbex is well aware of the sensitivity of financial transactions. Therefore it has left no stone unturned in ensuring trading security.
- Competitive Trading Conditions
Orbex provides highly competitive trading conditions like tight spreads and a highly acclaimed MetaTrader 4 trading platform for a seamless and streamlined trading experience.
- Award-Winning Research
The in-house research team at Orbex provides highly credible market analysis and research facts to help traders devise their strategies.
- Fast Deposits & Withdrawals
Through the secure Orbex wallet, traders can instantly deposit or withdraw funds through multiple payment options.
- Scalping and Hedging Allowed
For enthusiastic traders, the good news is that Orbex allows scalping and hedging across all its platforms and provides the best trading conditions.
- Wide Range of Trading Tools
At orbex.com, traders have access to multiple trading tools and educational resources to open wise positions and confirm profits.
- No Dealing Desk Model
Orbex follows the “No Dealing Desk” model to ensure minimal slippage and speedy execution without any requotes. This is how it ensures complete transparency in its pricing. There is nothing that may impede the process on behalf of the company.
- Top-Tier Liquidity:
With its high-standard security protocols, Orbex ensures high liquidity across its all MetaTrader trading platforms.
Security
Orbex uses a set of highly advanced protocols to ensure matchless security. Some of the prominent features of the Orbex Security system are:
- Segregated Funds
Investor’s funds at Orbex are kept strictly separate from the company’s funds. The investor’s account is never used for any other purpose of the company. Another matter of trust in Orbex is that it is a proud member of ICF (Investor Compensation Fund).
- Negative Balance Protection
In the highly volatile world of forex and other instruments, the risk of loss is always there. However, as a maximum favor to traders, Orbex offers negative balance protection. This means in case you lose more than you have, you only have to pay what is in your account.
- Data Encryption
To ensure completely safe communication and prevent any chance of data leakage, Orbex uses highly sophisticated encryption technology across all its online platforms and operations.
- Free VPS
For completely safe trading and protection against computer viruses and connection issues, Orbex comes with a free Virtual Private Server. It allows you to keep on trading without any interruption caused either by malware or connection failure.
Regulations
About the high risk and volatility involved in forex, Orbex is regulated and supervised by multiple leading and renowned international regulatory bodies, which ensures high standards of security at every step of trading. It has 100% clean and clear experience of serving traders for the past 11 years. The regulatory record of Orbex is accessible online for the clients to gain complete trust before investing with it.
Following license has been issued from Financial Services Commission
- Mauritius Financial Services Commission
FSC License Type:
- FS-4.1 Global Business Corporation
- SEC-2.1B Investment Dealer (Full-service dealer excluding underwriting)
The FSC license allows Orbex Global Limited to extend its operations throughout the world; provided that the country’s domestic regulations allow it to do so. Here it is important to note that Orbex does not offer its services to residents of certain jurisdictions such as the USA, Cuba, Sudan, Syria, and North Korea.
Services
Orbex provides its clients with the following services with the best industry standards. It offers services in two categories:
Investment Services
- Clients can receive and transmit orders in one or more financial instruments.
- Clients can choose to let the company execute orders on their behalf.
- Clients may deal with their accounts on their own
Ancillary Services
- Administration and custody of financial instruments
- Supports and facilitates the clients by granting loans and credits to investors to allow them to invest in more than one financial instrument.
- Provides research and analysis services to enable clients to make informed decisions.
Types of Accounts
All types of traders are welcomed at Orbex as it has something special for everyone. Whether you are a long-term trader or a scalper, start with Orbex to get on the right track.
Orbex offers the following three types of accounts. With few differences “No Dealing Desk” model is common in all these account types.
- Starter
Purposed for especially beginner traders, this account type requires an initial deposit of $100 only. Having variable spread, the lot size begins from 0.01 lots. The leverage size is up to 1:500.
The starter account comes with basic education and monthly webinars.
- Premium
Requiring a $500 deposit, this account type is for experienced traders. In this account type, the spread starts from 0.0 pips. Having an $8 commission, the minimum trade size is 0.01 lots. This type of account comes with one (1 on-1) training session, advanced education, and exclusive webinars.
- Ultimate
Appropriate for veteran traders, the ultimate account requires an initial deposit of $2500. With a $5 commission, it allows a minimum lot size of 0.01 and spread starting from 0.0 pips. The clients get three (1-on-1) trading sessions, advanced education, and exclusive webinars.
Apart from the above-mentioned accounts, two more options are available:
- Invest (PAMM Account)
With the PAMM account, beginner clients can reap the benefits of being a pro by following the strategies of their chosen PAMM manager.
Swap Free Islamic Platforms
Orbex offers swap-free accounts right according to Islamic principles, especially for Muslim clients so that they may trade freely without compromising any of their religious beliefs.
You can open any of the above-mentioned accounts in any of these available currencies i.e. USD, EUR, GBM, and PLN. However, USD is the only currency available for PAMM accounts.
The Trading Platforms
Orbex offers all its competitive features through the MT4 trading platform to allow its customers to trade anywhere, at any time, and on any device.
Orbex chose to offer its services through the MT4 platform because of the following features.
- Award-winning
MT4 is a globally recognized trading platform used by top-notch brokerage firms across the globe. Having won multiple awards, it is the foremost choice of traders.
- Feature-rich
MetaTrader 4 is a feature-rich trading platform having 9 timeframes, algorithmic trading, customizable charts, and a wide variety of technical indicators.
- User-Friendly
Mt4 trading platform is highly user-friendly. Whether you are a beginner or an experienced trader, the user-friendly and convenient interface of MT4 will ensure a smooth trading experience for you.
- Easily Accessible
No matter where you are and what type of device you are using, MT4 stays highly accessible. It is available for download on Windows, Apple, Android, And Multi-terminal systems. Just download on your device and trade with speed and precision. If you wish to experience the trading interface, click here to head to the official website and experience their web trader.
Markets
Orbex lets its customers invest in a variety of financial markets to diversify their portfolio. It allows clients to trade currencies, commodities, cryptocurrencies, stocks, and indices.
In each market, Orbex offers competitive trading conditions such as tight spreads and fast execution. For instance, it starts spreads from 0 and provides leverage up to 1:500 to the forex traders. In cryptocurrency, it offers 1:2 leverage at 0.5% commission. While in stock trading, gives access to about 300+ stock CFDs.
With 1:1 leverage, it lets clients trade CFDs on the world’s 10 most popular and biggest indices. Moreover, clients are open to choosing whether to trade in cash indices (do not expire) or future indices (expires after 3 months).
Trading Central
Trading central is another enticing feature of Orbex. It is a research portal, equipped with a range of market analysis tools aiming to give its clients a fair understanding of financial markets. Using it, the clients are better able to identify and grab opportunities and strategize their trading moves. All active account holders of Orbex are authorized to use it.
Trading central keeps its clients updated with the following ways of information
- Market Buzz
This section reflects instant information about the financial markets. Clients can identify the hottest assets to trade and grab opportunities based on the ongoing trend. Detailed analytics report for each asset is just a click away.
- Economic Insight
Keep an eye on real-time macroeconomic data releases and upcoming events in more than 30 countries worldwide. Forecast the impact of data releases on financial markets based on what happened in the past in case of similar events.
Deposits and Withdrawals
Orbex offers easy deposits and withdrawals without any hassle. Clients can deposit multiple currencies easily without bearing any deposit fee. For instant transfer of funds, clients can also use the Orbex wallet. Some of the payment gateways offered by Orbex are Visa, MasterCard, Skrill, Neteller, Perfect Money, Union pay, Epay, Crypto, and wire transfer.
Market Research and Education
At Orbex, clients can find rich educational resources which they can consult while devising their trading strategy. Not only this, there is a team of experienced and qualified; traders, analysts, and macro-economists, which keeps the clients updated with the latest information through technical and fundamental analysis, daily publications, and trading signals.
With this much information at hand, the client gets much ease in devising trading strategies and deciding about what to trade and when to trade.
Customer Support
Providing exemplary customer support across the globe, the Orbex team remains at hand 24/5. There are separate hours and separate contact email IDs, dedicated to information about specific departments. Moreover, a question form is also available on the website that can be sent instantly for any query. As soon as the query is submitted, the customer support team responds shortly.
Apart from this, there is a dedicated help center where customers can gain assistance on anything related to Orbex.
Signing Up
Signing up for an Orbex account is quite easy. Just tap the “Registration” button on the top right of Orbex.com and follow simple steps to create an account. Upload the required documents and fund your account with the required deposit, through multiple deposit options. Download your desired trading platform and you are all ready to dive into an awesome trading experience.
Orbex Partnership Programs
Being a highly responsible brokerage firm, Orbex also offers partnership programs for its valued customers. Good for traders who know well about trading but wish to or don’t have time to trade.m, they can choose to become Orbex partners as introducing brokers or affiliates and earn lucrative commissions.
- Introducing Broker
Being an introducing broker, you can earn $8 per lot with every active introduced trader. For this, you have to create a community of traders who trust you. Just introduce them to Orbex and earn on every lot they trade. For this, you have to register an IB account on orbex.com and publish your partner link. Introduce active clients and start earning. Your IB account portal automatically calculates your commission based on the trading volume of your introduced clients. Withdraw your earnings whenever you want.
- Affiliate
Become a part of the affiliate program of Orbex, and earn $1000 for every action click. This means, for every trader who opens a live account on Orbex using your referral link and starts trading, you will get $1000. For this, you should have any platform with high online traffic that you can refer to Orbex.com.
Open your affiliate account on Orbex.com and get your referral link. Send online traffic to orbex.com. via a referral link. For every active trader coming through your referral link, you will get a lucrative amount of $1000. If you want to sign up for a partnership program, click here to get started.
Summing Up
Following its slogan of 3R’s, orbex.com is a highly reliable, Regulated, and Renowned brokerage firm that gives traders a highly safe and secure trading environment. Having a trusted history of 10 years, Orbex.com continues to serve its customers and attained the status of an award-winning highly reliable brokerage firm in the financial industry.
