At Orbex, we offer 5 different account types, which were designed to suit every trading style and strategy.
If you are looking for a stable spread that doesn’t change over time and doesn’t depend on market volatility, then, we recommend you to open a Classic account. Fixed spreads make your trading more predictable as they allow you to estimate the trading costs more efficiently, and make the use of Expert Advisors and trading bots easier.
Traders, who are looking for a variable (floating) spread, can choose from 3 options: Standard, Premium, or VIP. These account types feature more narrow spreads, compared to fixed ones. Variable spreads vary throughout the day and heavily depend on the market situation. Traders usually prefer variable spreads accounts because they can receive the best market price at the time of trading and due to the possibility of choosing any scalping strategy they like. However, you should keep in mind that variable spreads can widen significantly during volatility and important news releases.
In case you want to follow the winning strategies of experienced traders, and simply copy their trades; Orbex offers a Copy Trading account with variable spreads. This account is the best way to get access to the knowledge and expertise of professional traders, avoid common forex trading mistakes, and gain confidence while getting real results.
See the comparison of our account types here..
You will receive an automated daily and monthly statements. These will be sent to your registered email automatically by the platform if there has been an activity during that period.
Yes. You can generate statements on request through MT4. Please refer to the 'Account History' tab in your MT4 platform, right click to define the period and then right click again to 'Save a Report' or 'Save a Detailed Report'.
Our accounts have a fixed leverage policy; please visit our Trading Conditions page - Leverage Section for further information. However, if you are entitled to change your current account leverage according to the said policy, please email us: firstname.lastname@example.org
If you wish to transfer funds to another client of Orbex or receive funds from another client of Orbex, then this is possible as long as the following criteriaare met:
1. The request must come from the transferor (to send a request to email@example.com).
2. We will require the “Inter-Account Transfer” form to be completed and signed by both parties.
3. We will require from both parties to have provided us with their respective signature card.
In order to obtain a form for the signature card, you will need to send a request to firstname.lastname@example.org and we will provide you with the form. Each party will need to send us their respective signature card, from their respective registered email address.
Yes, you can have multiple trading accounts. To request an additional account, you need to log in to MyOrbex and submit an additional account request. Once the account is opened, you can transfer funds then between accounts directly through MyOrbex
We do not charge fees for withdrawing funds by bank wire transfer. However, please note that you will be liable for any fees charged by the intermediary bank. Also, Orbex will pay all the electronic payment charges.
For full information, please visit our Deposit Funds Page
Withdrawals are processed within 15 minutes by deducting the amount from your trading account. Amounts of withdrawals must be transferred back to the original source of deposits up to the deposited amounts. You can submit your withdrawal simply by filling out our secure online withdrawal form in MyOrbex.
For further information, please check our Notes on deposits and withdrawals page
You can deposit funds using a variety of funding methods including Bank Transfer, Credit/Debit Card, Skrill/Moneybookers, Neteller, Webmoney, FasaPay, and Union Pay.
You can open an account and get started by funding it with a minimum of 500 of the base currency of your account.
Currently, we offer four different currency base options for our trading accounts. These are as follows: USD, EUR, GBP and PLN. We also accept funds in other currencies, but currency conversion fees apply.
To change your account type, please send an email to email@example.com and we will change this for you. However, if you have any open positions, they need to be closed first before sending us the request.
Please be aware that with account type change, the leverage, spread, and minimum volume will also change. For more information on our account types specifications, please visit our Account Types page.
Orbex offers Fixed (Classic) and Variable spreads accounts (Standard, Premium, VIP, and Copy Trading).You can apply as an Individual, Jointly, or Corporate. To learn more about the account types, please visit our Account Types page.
Opening a demo account is as simple as it can be. Simply click on Open Demo Account option on our website and fill in your personal details to generate the account log-in details. You will be automatically emailed with your demo account and MyOrbex access details.
Opening a live account is easy. Simply fill out the secure, online live account application form, from HERE and upload some identification documents in order to complete your application.
Identification documents are: ID proof such as a colored copy of your passport, personal ID or driver’s license and a proof of address such as a bank statement or utility bill. Any proof of address must be current and not outdated by more than 6 months.
You can submit these either by uploading via MyOrbex or email to firstname.lastname@example.org
Clients Funds Deposited with Orbex are held in segregated bank accounts and separated from the company's funds. For further information regarding, please visit Safety of Funds Page.
Orbex is a fully licensed and regulated Cyprus Investment Firm (CIF) supervised by the Cyprus Securities and Exchange Commission (CySEC).Orbex Limited is authorized to trade internationally, specializing in CFD online trading on currencies, commodities, futures and indices.
CySEC is the supervisory and regulatory authority for Investment Services Firms in Cyprus governed by the MiFID Law (Markets in Financial Instruments Directive), a European Union law effective as of November 1, 2007, and is also a member of the Committee of the European Securities Regulators (CESR).
Orbex is a reliable forex broker and authentic provider of online trading markets. The company applies all EU regulations and governing laws in an officially regulated environment.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.8 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.