Updated October 23, 2026

This Orbex broker review pulls together what the company offers and what its clients say about it. Feedback skews positive. Traders point to the straightforward platform, quick account opening and the education section, and the range of instruments and competitive spreads come up often. The recurring complaint is withdrawals: several users report slow processing and provider fees they did not expect. That is the one area where the broker has visible room to improve.

With offices in Mauritius, Seychelles and Cyprus, the forex broker Orbex has been in operation since 2011. Orbex offers more than 300 trading instruments related to currencies, stocks, crypto and commodities. It also offers negative account balance protection.

Orbex is regulated in three jurisdictions and services clients around the world. It doesn’t provide services to residents of the USA, Iran, North Korea, Indonesia, Mauritius, or Romania. Reviews on TrustPilot are middling, with the company getting an average score of 3.4 out of 5.

The company offers high leverage of up to 500:1 and welcomes any strategy, scalping, hedging and algorithmic trading included. What follows is the detail on accounts, costs, funding and regulation, so you can judge whether it fits the way you trade.

Orbex at a glance

Minimum deposit: $100 Starter, $500 Premium, $25,000 Ultimate.

Commission: none on Starter, $8 per round turn on Premium, $5 on Ultimate.

Spreads: from 1.5 pips on EUR/USD on Starter, from 0.0 pips on the other two.

Maximum leverage: 500:1. Execution: no dealing desk on all three tiers.

Instruments: 300+ CFDs. 44 forex pairs, 10 indices, 12 commodities, 200+ stocks, 11 cryptocurrencies, 8 index futures.

Platform: MetaTrader 4 for PC, Mac and Android.

Funding: cards, Neteller, Skrill, Union Pay, wire, FasaPay, Poli, Knet, ENet, USDT.

Withdrawals: within 24 hours on weekdays, 3-5 days for the bank leg of a wire.

Broker fees on deposits and withdrawals: none. The payment provider may still charge.

Regulators: Mauritius FSC, Seychelles FSA, CySEC. ICF cover up to 20,000 euros.

Closed to residents of the USA, Iran, North Korea, Indonesia, Mauritius and Romania.

Licence numbers, inactivity fees and swap rates: not stated, check them on the broker site.

Orbex trading terms and product offerings

Orbex offers more than 300 trading products including forex, cryptocurrencies, commodities, stocks, and indices.

Orbex offers up to 500:1 leverage and has three different types of trading accounts. The minimum deposit required for opening an account is $100 with the Starter account, which has no commissions on trades. Accounts that offer smaller spreads, but which charge a commission, require a larger deposit.

The Starter account is best for those starting out. Other than a lack of private training sessions, it includes all the perks of the other accounts. The key difference is the spreads. The cost of the trade is factored into the spread. Spreads are larger on the Starter account, which is why the company doesn’t charge a commission.

The Premium and Ultimate accounts have much lower spreads, but you will pay $8 per round turn per contract (“round turn” includes your entry and exit fee) with a Premium account and $5 per round turn per contract on the Ultimate account. The Premium requires a $500 minimum deposit whereas Ultimate is a $25,000 minimum deposit.

The main benefit of the Ultimate over the Premium is two additional one-on-one consultations and lower commissions. Other than that, the accounts are very similar, offering the same spreads and no dealing desk (NDD) execution.

NDD is preferred by most traders because it means the broker isn’t taking the other side of your trade (thus creating a conflict of interest). Rather, they execute your order against another market participant. Islamic accounts, also called swap-free accounts, are offered as well. Here are the financial instruments you can trade, all via contracts for difference (CFD):

• 44 forex pairs

• 10 indices, including the S&P 500, UK 100, and Nasdaq 100

• 12 commodities, including gold, silver, and oil

• 200+ stocks from the US, UK, and EU

• 11 cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple and more

• 8 futures contracts (indices futures) including the German, Australia, Spain, and France indices

The following are spreads you can expect to see on various account types.

Asset Starter Account Spread (starting at) Premium & Ultimate Accounts Spread (starting at) EURUSD 1.5 pips 0.0 pips GBP/USD 1.6 pips 0.0 pips USD/CAD 2.1 pips 0.0 pips USD/JPY 2.1 pips 0.0 pips Silver 3 2 Gold 3.5 3 S&P 500 3 0.8

Orbex (just like Forex4you) does not offer binary options trading.

Orbex trading platforms

Orbex offers the commonly used MetaTrader 4, the most popular trading platform for forex trading.

MetaTrader 4 is produced by Meta Quotes. Many brokers offer it due to its popularity among traders. Its easy-to-use interface and array of features make it an attractive trading platform. MT4 is available for PC and MAC, as well as an Android app.

MT4 on Orbex comes equipped with 1-click trading ability which allows you to place trades quickly. It has 30 indicators available, but you can download additional indicators in the marketplace. It has its own programming language, allowing you to create your trading indicators or trading robots, or you can download other people’s indicators or robots.

Orbex funding and withdrawal options

Orbex does not charge fees on deposits or withdrawals. However, depending on the payment method selected, the payment provider may charge a fee.

Here are the ways you can deposit to and withdraw from your Orbex account, along with the type of currencies you can deposit or withdraw through that payment processor.

Most deposits are instant, depending on the speed of the payment provider. Withdrawals are processed within 24 hours during the week. Bank wires may take 3-5 days for the deposit to reach Orbex or for the withdrawal to reach your bank account.

Credit and debit cards USD PLN EUR GBP ENet USD KWD Neteller USD PLN EUR GBP Skrill USD PLN EUR GBP Union Pay USD CNY Wire Transfer USD EUR GBP AED KWD FasaPay USD IDR Poli USD GBP EUR Knet KWD Crypto USDT

For processing times on deposits, check with each payment provider.

Orbex promotions and deposit bonuses

Orbex is not currently advertising any deposit bonuses. A deposit bonus is when the broker lets you trade with more capital than you actually paid in. What you get here instead is a free VPS and no broker fees on deposits or withdrawals.

That said, the company does offer free Virtual Private Servers (VPS). A VPS is another computer that hosts your trading account so that it is less likely to be impacted by things like power outages or viruses. A VPS also generally offers faster execution speed than trading off your own computer.

Algorithmic traders typically prefer to use a VPS. For traders placing trades manually, which is most retail traders, it is not required.

Are my funds secure with Orbex?

Orbex keeps clients’ funds in separate accounts. This is important for maintaining the security of your funds.

Also long as your funds are in a segregated account, even if the broker goes bankrupt, your funds are safe. Segregated funds are a key thing that experienced traders look for in a broker, along with being regulated.

Orbex also offers negative balance protection. Your account balance cannot go below zero, and if it somehow does, the debt is not yours to repay. That matters more than it sounds. Trading on leverage makes losing more than your deposit a real possibility.

Orbex is also part of the Investors Compensation Fund (ICF) which is offered by the Cyprus Securities and Exchange Commission (CySec). This provides compensation to investors, up to €20,000, in the event of an ICF broker ICF going bankrupt.

Is Orbex regulated?

Regulated brokers are the choice of experienced traders. Orbex is regulated in three jurisdictions.

Orbex Global Limited is regulated by the Mauritius Financial Services Commission (FSC). Orbex Limited is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (Cysec).

To be regulated, a broker must adhere to local laws and meet certain financial requirements. This helps ensure the safety of trader’s funds. Many other forex brokers are regulated by either the FCA, CySEC, FSC and FSA, these include BDSwiss and FxPro.

How do I contact Orbex support?

You can contact Orbex support 24 hours a day, five days a week. The broker has a knowledgeable and responsive customer service team.

Here are the phone numbers for Orbex if you want to speak to a live agent:

Mauritius office: +442035198140

Seychelles office: +442036565401

You can also send them an email. Expect a response within 24 hours.

Support: support@orbex.com (general inquiries)

Dealing Desk: dealing@orbex.com (trade issues or questions)

Complaints: complaints@orbex.com (voice a problem) Finance: finance@orbex.com (deposit and withdrawal issues)

Turkish: turkiye@orbex.com

Arabic: arabic@orbex.com

Cyprus: support@orbex.com.cy

You can also send them a message from their contact us page. Before contacting support, view the Help Centre which includes answers to questions on getting started, payment methods, MT4, trading, VPS service, and more. Support is available in English, Turkish, and Arabic. Other languages may also be available upon request but are not advertised.

Orbex pros and cons

What works:

• Three regulators, one of them CySEC, which brings ICF cover of up to 20,000 euros.

• $100 opens a live account with no commission.

• 0.0 pip spreads on Premium and Ultimate, cost moved into a flat $8 or $5 per round turn.

• Segregated client funds and negative balance protection.

Free VPS, which earns its keep if you run expert advisors.

No dealing desk, so the broker is not the counterparty to your trade.

What does not:

• MetaTrader 4 only. No MT5, no web terminal, no broker-built mobile app.

• Starter spreads of 1.5 to 2.1 pips are wide if you scalp.

• Ultimate asks $25,000 for $3 cheaper commission and two consultations.

• Withdrawal complaints run through the user reviews, and TrustPilot sits at 3.4.

• No deposit bonus and no binary options.

• Support runs five days a week, not seven.

Who Orbex suits

Orbex fits a MetaTrader 4 trader who wants a regulated venue and needs nothing else. If your setup is an expert advisor plus a VPS, the free VPS and the no dealing desk execution do real work. The $100 Starter tier also suits someone testing a strategy with live money rather than a demo.

It is a poor fit for scalping on Starter: 1.5 to 2.1 pips eats the edge before you find it. Skip it if you want MT5, a mobile app or binary options. Residents of the USA, Iran, North Korea, Indonesia, Mauritius and Romania are not onboarded at all. Our list of forex and CFD brokers covers venues with wider platform choice.

This Orbex broker review was updated in 2026. Spreads and minimum deposits change without notice, so confirm the numbers on the broker site first. Our other broker reviews follow the same checklist, and you can compare minimum deposits across brokers there.

FAQ

Is Orbex a scam?

Nothing in the public record points that way. The group holds three licences: Orbex Global Limited under the Mauritius FSC, Orbex Limited under the Seychelles FSA and CySEC. Client money sits in segregated accounts and negative balance protection is in place. Licence numbers are not quoted in the broker material, so check the registers yourself.

What is the minimum deposit at Orbex?

Starter opens at $100 with no commission and spreads from 1.5 pips on EUR/USD. Premium needs $500 and charges $8 per round turn per contract. Ultimate needs $25,000 and drops that to $5. All three run no dealing desk execution.

How long does a withdrawal from Orbex take?

Requests are processed within 24 hours on weekdays. After that the timing belongs to the payment provider. Cards and e-wallets are quick, while the bank leg of a wire usually adds three to five days. Orbex charges nothing itself, but the provider may take a fee.

Which trading platform does Orbex offer?

MetaTrader 4 only, for PC, Mac and Android. You get one-click trading, 30 built-in indicators, more from the marketplace and MQL4 for building robots. There is no MT5 and no proprietary terminal, which is the main platform limitation here.