Orbex review 2026

Our review is based on broker disclosures, regulatory records, platform research and available user information checked on 26 August 2026.

Is Orbex regulated?

Orbex is connected with 2 recorded regulatory licence or licences. The entity relevant to users in Mauritius is Orbex Global Limited, reported as regulated by Financial Services Commission under licence number Full Service Dealer excluding Underwriting.

The broker operates through multiple legal entities. The regulator and protections applying to an account depend on which entity accepts the client, not simply on the broker brand displayed.

Orbex's licence is offshore (FSC and FSA). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.

How safe is Orbex?

The available evidence supports a cautious assessment. Positive factors include segregated client money, negative balance protection, a compensation scheme (Investor Compensation Fund protection advertised by Orbex; eligibility/entity dependent), audited accounts (Independent external auditors) and 15 years of operating history. Risk factors include licences only from offshore or light-touch jurisdictions. Regulation can improve oversight and complaint options, but it does not prevent trading losses or guarantee that every dispute will be resolved.

Client money is held separately from the firm's own money, at Approved regulated banks/payment providers; specific bank not publicly disclosed. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund protection advertised by Orbex; eligibility/entity dependent, which pays eligible clients up to its limit if the firm fails owing client money.

Verify licence with FSC (Mauritius)

Licence information last checked 26 August 2026

Orbex trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

Orbex advertises spreads from 0.0 pips on Starter. The stated commission is $0 Starter; $8 Premium; $5 Ultimate. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Orbex lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Variable

EUR/USD average spread

1.5 pips, Starter

GBP/USD average spread

1.6 pips, Starter

Commission

$0 Starter; $8 Premium; $5 Ultimate

All-in cost, EUR/USD

1.5 pips, Starter

Leverage and margin

Maximum leverage is reported as 1:500, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

Orbex describes its execution model as NDD. The available information indicates an average execution speed of 0.03 seconds, order types of Market, limit, stop, stop-loss, take-profit, trailing stop and MetaTrader pending orders and servers in Global low-latency financial data-centre infrastructure. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes, MT4/MT5 Expert Advisors

Copy trading

Yes

Negative balance protection

Yes

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

Orbex account types

Orbex offers 5 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

Orbex runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, PLN. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

StarterPremiumUltimateSwap-FreeDemo

Minimum deposit

$100

Spreads from

0.0 pips

Commission

$0 Starter; $8 Premium; $5 Ultimate

Maximum leverage

1:500

Platforms

MetaTrader 4, MetaTrader 5

Base currencies

USD, EUR, GBP, PLN

Available markets

Forex, Metals, Commodities, Indices, Shares, Futures, Cryptocurrency CFDs

Minimum trade size

0.01 lots

Account opening time

Typically a few minutes

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as available. Alternative charges, holding limits or eligibility conditions may apply.

Orbex fees and trading costs

The total cost of trading can include spreads, commissions, overnight financing, currency conversion, deposit or withdrawal charges and inactivity fees.

Advertised spreads start from 0.0 pips, but typical pricing may be higher.

The reported trading commission is $0 Starter; $8 Premium; $5 Ultimate.

Overnight financing applies to eligible positions at rates that can change.

The broker reports 0% on most core methods for deposits.

The broker reports 0% on most core methods; some regional/provider methods charge fees for withdrawals.

An inactivity fee of $20/€20/£20 per month applies after 4 months inactivity.

A currency-conversion charge of Conversion at applicable exchange rate may apply.

Spreads from

0.0 pips

Commission

$0 Starter; $8 Premium; $5 Ultimate

Overnight financing

Both: overnight swaps may be charged or credited

Deposit fee

0% on most core methods

Withdrawal fee

0% on most core methods; some regional/provider methods charge fees

Inactivity fee

$20/€20/£20 per month after 4 months inactivity

Currency conversion

Conversion at applicable exchange rate

Fees can change and may differ by entity, platform, account or payment method. Confirm the full schedule before opening or funding an account.

Trading platforms and apps

Orbex supports MetaTrader 4 and MetaTrader 5. Availability can differ by account and legal entity.

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

MetaTrader 4MetaTrader 5

Proprietary platform

No

Web platform

Yes

Mobile app

Third-party MetaTrader apps

Charting

30+ MT4, 38+ MT5 and custom indicators

Third-party tools

MetaTrader 4, MetaTrader 5, Trading Central, VPS

Server locations

Global low-latency financial data-centre infrastructure

Automated and copy trading

The broker reports support for expert advisers and automated strategies and copy trading. Automated strategies can fail, amplify losses or behave differently under changing market conditions.

The platform range is broad. Its main advantage is support for MetaTrader 4; the principal limitation is the absence of cTrader and TradingView.

Markets available through Orbex

The broker reports access to 400+ instruments across forex, metals, commodities, indices, shares, futures and cryptocurrency CFDs. Product availability depends on the account entity and platform.

Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

The product range is strongest for forex, metals and commodities.

ForexMetalsCommoditiesIndicesSharesFuturesCryptocurrency CFDs

Markets, as published

Forex, Stocks, Indices, Commodities, Metals, Energies, Futures, Cryptocurrencies

Total instruments

400+

Currency pairs

40+

Cryptocurrency CFDs

Yes

CFDs do not provide ownership of the underlying asset. Product terms, leverage and trading hours vary by market.

Deposits and withdrawals

Available funding methods include Visa, Mastercard, bank wire, Skrill, Neteller, USDT and regional payment methods. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at E-wallets/USDT up to 24 hours; cards and bank wire 3-5 business days, against Cards/e-wallets up to 2 hours; bank wire 3-5 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank wire, visa, mastercard, skrill, neteller, usdt and regional payment methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $10 equivalent - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods

Visa, Mastercard, bank wire, Skrill, Neteller, USDT and regional payment methods

Withdrawal methods

Bank wire, Visa, Mastercard, Skrill, Neteller, USDT and regional payment methods

Deposit time

Cards/e-wallets up to 2 hours; bank wire 3-5 business days

Withdrawal time

E-wallets/USDT up to 24 hours; cards and bank wire 3-5 business days

Deposit fee

0% on most core methods

Withdrawal fee

0% on most core methods; some regional/provider methods charge fees

Minimum withdrawal

$10 equivalent

Local payment methods

KNET; eNet; ZainCash; Zotapay; GateToPay and other regional methods

View withdrawal complaints about Orbex

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Customer support

Orbex provides support through Live chat, email, phone, Help Centre during 24/5. Supported languages include Multilingual.

Support runs 24/5. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone, help centre. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: webinars, trading courses, ebooks, tutorials, one-on-one training, platform education and educational articles. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Support channels

Live chat, email, phone, Help Centre

Support hours

24/5

Languages

Multilingual

Telephone

+44 203 519 8170

Email

support@orbex.com

Live chat response

Typically within minutes

Research and market analysis

In-house Orbex Research Team, Trading Central, daily technical/fundamental analysis, market commentary and trading ideas

Education

Extensive: webinars, trading courses, ebooks, tutorials, one-on-one training, platform education and educational articles

Is Orbex a good broker?

Your decision should reflect your country, experience, preferred platform, trading costs and tolerance for financial and counterparty risk.

Orbex is best considered by

• Traders who want raw spreads with a commission
• Traders who want copy trading
• Traders who want automated strategies
• Traders who want MetaTrader
• Traders who want high leverage

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