Independent broker review

Orbex Forex Broker Review

Orbex is an online forex and CFD broker offering trading in currencies, commodities, indices, and metals through MetaTrader 4 and MetaTrader 5 platforms. It is...

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4.0 Score

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We may earn a commission if you visit this broker. That does not affect our rating. Your capital is at risk. CFDs are complex instruments.

Pros & Cons

What we like and what could be improved about Orbex

Pros

Regulated by CySEC (EU regulation standard)
Supports MT4 and MT5 trading platforms
Offers a wide range of trading instruments (Forex, metals, indices, commodities)
Educational resources and market analysis available
Multiple account types for different trader levels
Negative balance protection for retail clients

Cons

Not available in some regions (including USA)
Trading conditions may vary depending on account type

Orbex Overview

Key data on fees, platforms, deposits, and trading conditions

Regulation: CySEC (Cyprus)
Minimum deposit: $100
Spreads: 0.0 pips
Commission: $0 (Standard) / ~3–7 USD per lot (ECN accounts, varies)
Leverage: Up to 1:500
Trading platforms: MetaTrader 4, MetaTrader 5, WebTrader

Fees

Spreads, commissions, and non-trading costs

Minimum deposit: $100
Spreads: 0.0 pips
Commission: $0 (Standard) / ~3–7 USD per lot (ECN accounts, varies)
Pricing model: Spread-based and commission-based accounts (ECN accounts may include commissions; standard accounts mainly spread-only)

Safety

Regulation, investor protection, and fund security

Regulation: CySEC (Cyprus)
Regulated jurisdictions: Cyprus (EU)
Licenses: CySEC License No: 124/10
Investor protection: No
Segregated client funds: Yes
Negative balance protection: No

Deposit & Withdrawal

Funding methods, fees, and processing options

Deposit methods: Bank transfer, Credit/Debit cards (Visa/Mastercard), Skrill, Neteller, other e-wallets (availability may vary by region)
Withdrawal methods: Bank transfer, Credit/Debit cards, Skrill, Neteller (must generally match deposit method due to AML rules)
Withdrawal fee: Free
Payment methods: Bank wire, Card payments, E-wallets (Skrill, Neteller), local payment solutions (depending on country)

Trading Platforms

Desktop, web, and mobile trading software

Platforms: MetaTrader 4, MetaTrader 5, WebTrader
Mobile trading: Yes — supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps (iOS & Android)
Web trader: Yes — available via MT4 WebTrader and MT5 WebTrader platforms
Charting tools: Yes — advanced charting via MT4 and MT5 platforms
Social / copy trading: Limited — no strong in-house copy trading system; may support MT4 signals and third-party social/copy trading tools
VPS hosting: Available

Markets & Products

Available instruments and product coverage

Account types: Standard
Standout feature: Regulated by CySEC, supports MT4/MT5, ECN trading with low spreads, and offers advanced trading tools with fast execution.

Demo Account

Practice trading without risking real money

Demo account: Not available

Research & Education

Analysis tools, news, and learning resources

Research tools: Yes — daily market analysis, trading signals, economic insights
Educational resources: Yes — webinars, trading guides, market tutorials, beginner resources
News & analysis: Real-time forex news, daily market updates, technical & fundamental analysis, central bank coverage, and trading insights based on global economic events. Includes timely alerts on high-impact market-moving news.

Customer Support

Help channels and service availability

Support channels: 24/5 support via live chat, email, and phone
Languages: English, Arabic, Chinese (varies by region)

Account Types

Compare spreads, leverage, and conditions across Orbex accounts

Standard

USD, EUR, GBP Swap-free Bonus eligible

Min. deposit: $100
Leverage: 1:500
Spread: Variable 0.00 pips
Commission: $0 (Standard) / ~3–7 USD per lot (ECN accounts, varies)

Spread type: Variable
Swap-free / Islamic account: Yes
Expert advisors (EAs): Yes
Hedging: Yes
VPS eligible: No
Bonus eligible: Yes
Professional features: Yes
Min trade size: 0.01 (per account‑type spec)
Max trade size: 100 lots
Margin call: 50.00%
Stop out level: 20.00%
Max open positions: 500
Max daily volume: 500.00
Special conditions: ECN execution available, swap-free (Islamic) option, VPS eligibility for active traders
Exclusive offers: Feature Standard Account Islamic Account Pro Account Raw Account VIP Account Copy Trading
Low Spread Access From 1.5 pips From 1.5 pips From 0.8 pips From 0.0 pips From 0.0 pips From 1.5 pips
Zero Commission Yes Yes No No No Yes
High Leverage Up to 1:500 Up to 1:500 Up to 1:1000 Up to 1:500 Up to 1:500 Up to 1:500
Swap-Free Option No Yes No No Yes (customizable) No
ECN Execution Market Execution Market Execution Market Execution ECN Execution ECN Execution Market Execution
Copy Trading Access No No Yes (MT4 Signals) Yes (ZuluTrade) Yes (ZuluTrade) Yes (Dedicated)
Minimum Deposit $100 $100 $1,000 $1,000 $10,000 $100
Multi-Asset Access Forex, Metals, Indices Forex, Metals, Indices Forex, Metals, Indices Forex, Metals, Indices Forex, Metals, Indices Forex, Metals, Indices
Trading Platforms MT4, MT5, WebTrader MT4, MT5, WebTrader MT4, MT5, WebTrader MT4, MT5, WebTrader MT4, MT5, WebTrader MT4, MT5, App

Feature	Standard Account	Islamic Account	Pro Account	Raw Account	VIP Account	Copy Trading
Low Spread Access	From 1.5 pips	From 1.5 pips	From 0.8 pips	From 0.0 pips	From 0.0 pips	From 1.5 pips
Zero Commission	Yes	Yes	No	No	No	Yes
High Leverage	Up to 1:500	Up to 1:500	Up to 1:1000	Up to 1:500	Up to 1:500	Up to 1:500
Swap-Free Option	No	Yes	No	No	Yes (customizable)	No
ECN Execution	Market Execution	Market Execution	Market Execution	ECN Execution	ECN Execution	Market Execution
Copy Trading Access	No	No	Yes (MT4 Signals)	Yes (ZuluTrade)	Yes (ZuluTrade)	Yes (Dedicated)
Minimum Deposit	$100	$100	$1,000	$1,000	$10,000	$100
Multi-Asset Access	Forex, Metals, Indices	Forex, Metals, Indices	Forex, Metals, Indices	Forex, Metals, Indices	Forex, Metals, Indices	Forex, Metals, Indices
Trading Platforms	MT4, MT5, WebTrader	MT4, MT5, WebTrader	MT4, MT5, WebTrader	MT4, MT5, WebTrader	MT4, MT5, WebTrader	MT4, MT5, App

Orbex

4.0 Overall score

Updated Sep 11, 2026

We may earn a commission if you visit this broker. That does not affect our rating. Your capital is at risk. CFDs are complex instruments.

Frequently Asked Questions

Common questions about Orbex

Yes, Orbex offers educational materials and multiple account types suitable for new traders.

You can trade forex, metals, commodities, indices, and CFDs.

Orbex uses ECN/STP execution with fast trade processing and no dealing desk intervention.

Yes, Expert Advisors (EAs) are supported on both MT4 and MT5 platforms.

Yes, mobile trading is available through MT4 and MT5 apps for Android and iOS.

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Trader ratings and comments about Orbex

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