Orbex Review 2026: Costs, Safety, Platforms and Who It Suits

What materially distinguishes it?

Tested directly

• Deposits: In our live-account use, several deposit methods were available, including the Tron network, and large deposits were accepted.
• Withdrawals: In one profitable-trading case, the withdrawal became disputed, and both the deposit and profits felt withheld without enough explanation. In a separate case, profits were rejected and the original deposited capital also remained inaccessible. These are individual cases, not a conclusion about every Orbex withdrawal.
• Order placement: We found execution felt very fast, spreads were competitive, and live market data appeared current. This was an account-specific observation, not a measurement of typical execution speed or slippage.

Verified from primary sources

The CySEC register entry for Orbex Ltd identifies licence 124/10 as under examination for voluntary renunciation. That status is material to EU/EEA clients and should be checked alongside the contracting entity shown during account opening.

Not independently verified

Our order-placement observations do not establish typical execution speed, slippage or execution quality across instruments and market conditions. The withdrawal cases are individual customer experiences, not evidence of a general company policy or the outcome of every request.

Test environment

Account type: Live account
Testing period: 4 Mar 2026; 18 Feb 2026

Account Pricing

Orbex uses floating spreads. The account-tier figures are minimum spreads, not a promise that those spreads will be available continuously. For context, Orbex quotes average spreads of 1.5 pips on EUR/USD and 1.8 pips on GBP/USD; the average and minimum figures describe different things.

Starter puts the trading charge into the spread and has no commission. Premium and Ultimate offer raw spreads from 0.0 pips but add a round-turn commission per lot, so compare the commission and the spread together for your trade size. The EUR/USD and GBP/USD averages are instrument-level figures and do not replace the account-specific pricing schedule.

What the Headline Number Doesn't Tell You

Raw spreads from 0.0 pips

Advertised spread: From 0.0 pips on Premium and Ultimate.

What that doesn't tell you:
The zero-pip figure is a minimum. Premium adds $8 per lot round turn and Ultimate adds $5 per lot round turn. The actual total cost therefore depends on the spread available when you trade, the account tier and your volume.

Non-Trading Costs

Overnight swaps apply and vary by instrument and account. Commission also varies by account type and instrument. Orbex publishes swap rates alongside spreads and commissions.

Cost most worth watching

For active traders, compare the raw-account commission against Starter's spread-inclusive pricing using your likely trade size. For anyone who may leave an account unused, the monthly inactivity charge is the clearest non-trading cost to plan for.

Orbex identifies FSC Mauritius as a regulatory jurisdiction. Separately, the CySEC register entry for Orbex Ltd lists licence 124/10 as under examination for voluntary renunciation. The contracting entity shown for an account matters: Orbex's stated investor-compensation position differs between EU residents and clients under its offshore entities.

Legal Entity Map

The CySEC entry concerns Orbex Ltd, whose licence 124/10 is under examination for voluntary renunciation. This is not an unrestricted current authorisation.

Orbex also states that its FSA Seychelles and FSC Mauritius entities offer fixed leverage up to 1:500 on forex pairs. For those entities, Orbex lists $0 statutory fund coverage. The compensation position is therefore not the same for every client.

Client Protection

Orbex states that client funds are segregated and that negative balance protection is provided. Its investor-compensation information says eligible EU residents may receive up to $22,000 under the Cyprus ICF, while statutory fund coverage is $0 under the FSA Seychelles or FSC Mauritius entities. These protections do not remove trading, market or counterparty risk. Check the contracting entity and applicable terms before depositing.

Orbex offers leveraged forex and CFD exposure across several asset classes. Stock CFDs provide price exposure rather than ownership of the underlying shares; crypto exposure is generally through leveraged derivatives rather than wallet ownership.

Where the range is strongest

The largest stated category is stocks, with 300 instruments, but the exposure is mainly through CFDs rather than share ownership. Forex includes 70 instruments. Orbex states that fixed leverage on forex pairs can reach 1:500 across its FSA Seychelles and FSC Mauritius entities; leverage and pair availability can differ by account and legal entity.

Where it is limited

ETFs, options and bonds are unavailable. Index and commodity exposure comes through leveraged derivatives, while share CFDs confer no ownership or voting rights.

Available Platforms

MT4 and MT5 support multiple order and execution types, custom indicators and strategy backtesting; MT5 also includes market depth. Orbex offers API trading, copy trading and social trading. A free VPS is available to accounts maintaining a balance of at least $500 and trading at least three standard lots per month.

Mobile Experience

MT4 and MT5 have iOS and Android apps. Orbex Mobile App handles account management, while MetaTrader's mobile apps support trading and monitoring. Full Expert Advisor and custom-code workflows are centred on desktop or VPS.

Main Platform Trade-Off

Best aspect: Both MetaTrader platforms are available on web, desktop and mobile; desktop includes automation and backtesting tools.

Main friction point: Full EA development, custom-code testing and automation depend on desktop or VPS use rather than the browser or mobile clients.

Account Opening

Orbex requires verification (KYC). It offers both demo and Islamic accounts. The applicable entity, account terms and available products depend on the client's jurisdiction. Orbex restricts clients from the United States, Iran, North Korea, Indonesia, Mauritius and Romania.

Account base currencies are USD, EUR, GBP and PLN. Minimum deposits are $100 for Starter, $500 for Premium and $25,000 for Ultimate.

Deposits and Withdrawals

Listed deposit methods include Mastercard, Visa, Skrill and wire transfer. Withdrawal methods include Mastercard, Visa, Skrill and wire transfer. Bank-transfer deposits are estimated at two to five business days; card and e-wallet deposits are listed as instant. Withdrawal estimates are about three to five business days for cards and bank transfers, and up to 24 hours for e-wallets. These are stated processing estimates; settlement time can depend on the payment provider or bank.

Orbex identifies its broker type as ECN/STP. Treat that as the broker's execution-model description rather than an independently established measure of routing quality. Slippage is possible, and the stated margin controls are a 100% margin-call alert and a 20% stop-out level on MT4 and MT5 accounts.

Hedging, scalping and news trading are allowed. Maximum forex leverage is stated as fixed up to 1:500 across the FSA Seychelles and FSC Mauritius entities; actual leverage, swaps and pair availability can differ by account and legal entity. Orbex states that automatic liquidation begins when the margin level reaches 20% on MT4 and MT5 accounts.

Leverage magnifies both gains and losses. A stop-out threshold is a risk control, not a guarantee that positions will close at a particular price in fast or gapping markets.

Research and Tools

Orbex offers market research, trading ideas, an economic calendar, Market Buzz and technical analysis alongside its MetaTrader platforms.

Education

Educational resources include courses, webinars, articles and guides, and videos and tutorials. This gives newer traders several content formats to explore, while more experienced users can draw on the research and technical-analysis material.

Customer Services

Support is available by live chat, email and phone, in English and Arabic. Stated response times are quick, but customer feedback describes funding cases that can require repeated follow-up and communication that may be unclear. Speed and resolution quality are separate considerations, particularly when an issue concerns account funding.

Check these three things first

1. Your legal entity: Confirm the contracting entity and the protections attached to it. Orbex's CySEC entry for Orbex Ltd, licence 124/10, is under examination for voluntary renunciation; compensation terms also differ for EU residents and offshore entities.
2. Your likely trading cost: Compare Starter's spread-inclusive pricing with Premium or Ultimate's raw spread plus round-turn commission. Include overnight swaps for positions held overnight and the inactivity charge if the account may go unused.
3. Your product/account requirements: Check that the account tier's minimum deposit works for you, that the products you want are offered, and that the account is available in your country. Orbex restricts clients from the United States, Iran, North Korea, Indonesia, Mauritius and Romania.

Bottom line

Orbex combines MetaTrader trading with three spread-and-commission tiers and research and education resources. Confirm the entity, pricing and protections before funding.