Orbex is an established Forex and CFDs trading company operating since 2011. The broker is a Cyprus-based company with multiple international offices. Since its inception, Orbex stands out with a successful history of operation offering competitive trade conditions backed up by a sophisticated technological background, and a full range of trading services of multi-asset trading and educational resources.
In addition, Orbex serves representative offices in the MENA regions, in Kuwait and Jordan, making its offering even beyond with an expansion to trading services. Also, Orbex expands its horizons with an international proposal as the broker opened an entity in Mauritius with access to high leverage and received a local financial license from MFSC.
Orbex Pros and Cons
Based on our expert research, Orbex is a reputable CFD broker providing excellent trading conditions with sophisticated tools. We also marked among the broker’s offerings a great choice of MT4 leading-edge trading platform with the fast online account opening and free demo account. Among other benefits, the broker provides relatively low spreads with no commissions charged for deposit/withdrawal processes.
For the negative aspects, the broker no longer holds CySEC regulation and has a limited asset portfolio with only Forex and CFD instruments among the offerings. Another disadvantage is that its customer support is available only on working days.
| Advantages | Disadvantages |
|---|---|
| CFDs trading | Support not available 24/7 |
| Regulated Broker | Only CFD products |
| Great trading tools and education free of charge | |
| Social trading options | |
| MT4 platform | |
| Fast account opening and free Demo account | |
| No commission deposits and withdrawal options |