Orbex is a forex and CFD trading broker that was founded in 2011 and is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Mauritius Financial Services Commission (FSC). It offers a wide range of trading instruments, including forex, cryptocurrencies, commodities, stocks, and indices.

Orbex is known for its competitive trading conditions, which include spreads starting from 0.0 pips, low commissions, and negative balance protection. It also offers a variety of educational resources and a 24/5 customer support team.

Advantages of Orbex (Pros)

• Regulated by CySEC and FCA
• Wide range of tradable instruments
• Multiple account types
• Variety of trading platforms
• Excellent customer support
• Good educational resources

Disadvantages of Orbex (Cons)

• Spreads can be high on some instruments
• Withdrawal fees can be high

Orbex is a reputable and trustworthy broker with a good offering for experienced traders. However, it may not be the best choice for beginners due to the high spreads and withdrawal fees.

Here is a more detailed look at some of the pros and cons of Orbex:

• Regulation: Orbex is regulated by two of the most reputable financial regulators in the world, CySEC and FCA. This means that it is subject to strict rules and regulations, which helps to protect its clients.
• Tradable instruments: Orbex offers a wide range of tradable instruments, including forex, cryptocurrencies, commodities, stocks, and indices. This gives traders a lot of flexibility in terms of what they can trade.
• Account types: Orbex offers three account types:
  • Standard Account: This is the most basic account type and offers competitive spreads and commissions.
  • Premium Account: This account type offers lower spreads and commissions, as well as access to additional features such as a dedicated account manager and a free VPS.
  • VIP Account: This is the highest tier account and offers the lowest spreads and commissions, as well as access to exclusive features such as a personal trading coach and a dedicated account manager.
• Trading platforms: Orbex offers two trading platforms: MetaTrader 4 and MetaTrader 5. These are two of the most popular trading platforms in the world, and they offer a wide range of features and tools for traders.
• Customer support: Orbex offers excellent customer support. Its customer support team is available 24/7 by phone, email, and live chat.
• Educational resources: Orbex offers a good selection of educational resources, including tutorials, webinars, and articles. These resources can help traders learn about the forex market and how to trade.
• Spreads: Spreads start at 0.0 pips on EUR/USD, but can be higher on other instruments.
• Commissions: Commissions are charged on some instruments, but not on others.
• Swaps: Swaps are charged on overnight positions.
• Deposits and withdrawals: Deposits are accepted by credit card, debit card, bank transfer, and Skrill. Withdrawals are processed within 24 hours.
• Withdrawal fees: Withdrawal fees can be high at Orbex. This is something to keep in mind when choosing a broker.

Orbex is ranked highly by many financial publications and websites. Here are some of its rankings:

• Best Forex Broker Asia 2023 by WikiFX
• Top 10 Forex Brokers in the World 2023 by ForexBrokers.com
• Best Forex Broker for Beginners 2023 by TradingBeasts
• Top 10 ECN Forex Brokers 2023 by Investopedia
• Best Forex Broker for Scalping 2023 by Capital.com

These rankings are based on a number of factors, including the broker’s regulation, trading conditions, customer support, and educational resources. Orbex has been praised for its high-quality trading platforms, competitive spreads, and excellent customer support. Orbex has consistently been ranked highly in these areas, which is a testament to its quality as a broker.

More Details About Orbex:

• Founded: 2011
• Regulation: Regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA)
• Headquarters: Mauritius
• Trading platforms: MetaTrader 4, cTrader
• Trading instruments: Forex, cryptocurrencies, commodities, stocks, indices
• Account types: Standard, Raw Spread, Islamic
• Spreads: Starting from 0.0 pips
• Commissions: Depends on the trading instrument
• Swaps: Charged on overnight positions
• Deposits and withdrawals: Accepted by credit card, debit card, bank transfer, and Skrill. Withdrawals are processed within 24 hours.
• Customer support: Available 24/5 via live chat, email, and phone
• Educational resources: Includes webinars, tutorials, and articles

Orbex is a reputable and trustworthy broker that offers a wide range of trading instruments and account types. It is regulated by two tier-1 regulators and offers a wide range of trading instruments and account types. It also has good trading conditions, with competitive spreads and low commissions.