Orbex has information on its website in 13 languages. Among them there is Russian, which greatly facilitates the understanding of the material for traders from the Russian Federation. The licenses obtained from FSC Mauritius, CySEC and the focus on MiFID requirements are factors that give rise to the broker’s credibility. The year of foundation of the company is considered to be 2010.
Is it good to work with Orbex?
To understand how convenient the trading conditions offered by the broker are, you need to analyze them.
- The MetaTrader 4 terminal is well suited for Windows.
- For its clients, Orbex opens access to the Forex market, where it is possible to trade currency pairs; allows you to trade energy resources, with fast order execution. In precious metals, short or long positions can be opened. It is possible to trade completely in the entire market, thanks to stock indices. Futures contracts and stock indices (OTC) are available.
It is important to pay attention to analytical tools and training. The latest news regarding the Forex market, indices and commodities is available to you. Additionally, use exclusive CFDs and available trading opportunities. What is offered more specifically? Technical analysis, forecasts and analytics: economic calendar, tips for traders, calculators, trader’s dictionary. Also – webinars, e-books, manuals, video courses.
Company Information
Orbex operates as a Forex broker. Among the list of services offered there is trading with several assets, free VPS, ECN accounts, research programs, training to work on Forex, as well as other conditions that may be very beneficial for cooperation.
Improving the customer’s shopping experience can happen through several channels:
- High level of customer service, taking into account online chat.
- If you sent a request to Orbex support on the official website, then expect that the application will be processed within an hour. Experts work around the clock. You can order a free call back.
- The company promises speed and reliability in terms of the quality of order execution. If this is true, then this circumstance should act as a growth driver for the Orbex rating.
- Tier 1 banks provide deep liquidity.
- Islamic accounts are available where swap are available. However, if you are not a Muslim, then such opportunities are not available to you.
- Customers can receive service in 10 languages, including English and Russian.
- With Orbex, withdrawals are straightforward. Top-ups are available via debit / credit cards, payment processors and bank transfer.
- There are online trading training and the latest market reports.
- The main office in Limassol is located in Cyprus.
Facts & Figures
The leverage is up to 1: 500. The spreads are fixed and competitive. You can open a demo account to get familiar with the platform and test new trading strategies. Security settings are about protecting and storing client data in an encrypted technology environment. Data can only be disclosed through legal notification in accordance with the rules.
You can open professional accounts where the Orbex broker will offer you special benefits. It is enough that the deposit is equal to $ 500 – then you can get started. The affiliate program allows you to earn money through open trading. Hedging is allowed.
Bold cons
What disadvantages are noticed? For example, when choosing the Russian language for displaying information on the site, not all paragraphs and sections are translated. Spreads – floating and fixed, from 0.8 pips. During high volatility, some fixed values change to others. That is, the spread widens. Scalping cannot be used on all types of accounts. Customers are forced to agree that all credit card transactions (deposits) cannot be returned or reversed. That is, the user is, in fact, deprived of the right to carry out the chargeback procedure.
