Orbex

Orbex Broker Overview

Orbex is a forex and CFD brand traded under several companies of the same name, the oldest of which, Orbex Limited, has been registered in Cyprus since December 2009. Trading operations started in 2011. The brand is offered on MetaTrader 4 and MetaTrader 5, with five account arrangements, leverage of up to 1:500 and a recorded entry deposit of 100 USD.

Two of the group's sites matter most. The main site, www.orbex.com, is a working trading site that opens accounts, and regional sites operate for the Middle East and North Africa and for China. The Cyprus site, www.orbex.com.cy, is not a trading site. It carries a single notice stating that Orbex Ltd decided to close its doors in the EU after fifteen years in business, that its last effective day of business was 15 July 2025, and that clients were asked to close all open positions and withdraw any remaining funds before that date. A prospective client in the EU should read the brand as closed to them, while the wider group continues to operate.

Is Orbex Regulated?

Orbex's regulatory standing is not confirmed in WIKILIX's record. The profile carries authority entries that this update made no judgement about, because licence verification against each regulator's own public register is handled by a separate regulatory review. Until then, it is not confirmed that Orbex holds a current licence, and the company registrations below are corporate records, not financial regulation.

Orbex Legal Entities

Several separately registered companies carry the Orbex name, and they are not interchangeable, because the company holding an account determines what recourse its client has. Orbex Limited is registered in Cyprus under number HE 258884, incorporated on 7 December 2009, with a registered address at 82nd Street, No. 6, Ground Floor, 4153 Kato Polemidia, Limassol, a registration confirmed on the register of the Cyprus Department of Registrar of Companies and Intellectual Property. Orbex Services Limited is a second Cyprus company, under HE 387329. Beyond Cyprus the record holds Orbex Ltd and Orbex Global Limited in Mauritius, the first under C157876, Orbex Limited in Seychelles under 8429881-1, and Orbex Limited in Saint Lucia under 2025-00714 IBC. The group's own site gives Orbex Global Limited as an alternate name for the brand and publishes a Mauritius address, so a client opening an account today is unlikely to be contracting with the Cyprus company whose EU business has closed. Establishing which entity holds the account is the first thing worth doing.

Orbex Account Types

Five account arrangements are recorded, and the dealing charge rather than the leverage is what separates them:

• Starter, from 100 USD, with no commission on forex trading.
• Premium, from 500 USD, at 8 USD per lot.
• Ultimate, from 25,000 USD, at 5 USD per lot.
• PAMM, from 500 USD, with no dealing commission, for managed allocations.
• Islamic, a swap free arrangement for which no separate deposit, leverage or commission figure is recorded.

Orbex Spreads, Commissions and Fees

No verified average spread is held for Orbex, so the from 0.0 pips figure the group advertises on its own site is its own claim rather than a measured one. The commission is the cost that is documented: nothing on forex on the Starter account, 8 USD per lot on Premium, 5 USD per lot on Ultimate and no dealing commission on PAMM. On the funding side, the broker's published charge is zero in both directions on seven of the nine routes, with two exceptions. Withdrawals through the GateToPay card channel carry 4 per cent, and bank wires may attract intermediary bank charges outside Orbex's control.

Orbex Leverage

Leverage is recorded at up to 1:500, and every tier that publishes a figure shares that cap, so the account chosen does not change the ceiling.

Orbex Trading Platforms

Orbex offers MetaTrader 4 and MetaTrader 5, both on Windows and Mac, in the browser and on Android and iOS. No proprietary platform and no cTrader access is recorded for the brand.

Orbex Deposits and Withdrawals

Nine funding routes are recorded. Bank wire transfer, Visa and Mastercard are the broadly available ones, each with a recorded 200 USD minimum and no broker fee; cards clear within about two hours and wires in three to five working days, with withdrawals returning to the same card or account. Tether (USDT) is accepted on the TRON TRC-20 network only, from 50 USDT, which is the lowest recorded entry of any route, and transfers sent on another network may be lost. Several routes are regional: Skrill and Neteller are recorded as available outside the European Union only, while eNet and Knet are Kuwaiti channels settling in Kuwaiti dinar. GateToPay tops up the Orbex prepaid card and is therefore open to card holders only. Wallet withdrawals are recorded at around 24 hours and card withdrawals at three to five business days.

Orbex Support

The contact points on record are the telephone number +357 25588855 and the address backoffice@orbex.com.cy, with live chat recorded as available during business hours and support recorded in English. The group also runs a help centre at support.orbex.com covering registration, deposits and withdrawals, the platforms and the card product, and a Telegram channel for market alerts. The recorded telephone number and address are the ones the Cyprus closure notice gives, so a client of another group entity should confirm the right channel rather than assume these reach it.

Orbex Pros and Cons

• Pro: a long corporate history, with a Cyprus incorporation dating to December 2009, confirmed on the Cyprus companies register.
• Pro: both MetaTrader platforms, across desktop, browser and mobile, rather than MetaTrader 4 alone.
• Pro: nine funding routes, most of them free of a broker charge, with a 50 USDT entry through cryptocurrency.
• Pro: a swap free account and a managed PAMM arrangement alongside the standard tiers.
• Con: regulatory standing is unconfirmed, so no licence can be relied on.
• Con: the Cyprus business is closed, with a last day of business of 15 July 2025, and the contact details on record belong to that entity.
• Con: six separately registered companies share the brand across four jurisdictions, which makes it harder for a client to know who holds their money.

Orbex Review and Assessment

Orbex reads as a long established brand that has moved its retail business offshore rather than wound it down. The Cyprus company that served EU clients has closed, while the group continues to trade from its main site behind Mauritius, Seychelles and Saint Lucia registrations. The offering itself is conventional: both MetaTrader platforms, tiered accounts, 1:500 leverage and broad funding coverage, with nothing that stands out in either direction. Before funding an account, the key question is which company holds the account and what, if anything, supervises it. That is the part that remains unconfirmed. Worth reading alongside that is the warning the group publishes on its Chinese market site, that it never asks for a further payment, a membership upgrade or additional margin before releasing a withdrawal; as the brand's own account of a genuine Orbex process, it is a useful test for anyone who is told otherwise.