Orbex Fees Spreads and Commission vary according to the account type that the trader is using. Orbex’s average spreads on EUR/USD is 1.5 pips. The Premium and Ulitmate account spreads start from 0.0 pips.
Orbex at a glance
| Broker's Name | Orbex |
| 📍 Headquartered | Orbex Holding LTD is based in Cyprus and Orbex Global LTD in Mauritius |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | CySEC, FSC |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $200 |
| 💳 Deposit Options | Credit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna |
| 💳 Withdrawal Options | Credit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
| 📈 Tradable assets offered | Forex, Energies, Precious Metals, Cash Indices |
| 👨💼 Languages supported on Website | English, Spanish, Bengali, German, Polish, Italian, Arabic, Japanese, Vietnamese, Russian and more |
| 👥 Customer Support Languages | English, Spanish, Arabic, German, Japanese, Chinese, Russian, Greek, Polish, Other |
| 📆 Customer Service Hours | 24/5 |
Min Deposit USD 200 Regulators CySEC, FSC Trading Platform MT4 Crypto No Total Pairs 50+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our Orbex Fees Spreads and Commission below.
Orbex Fees and Spreads – 5 key points quick overview:
- ✔️Orbex Fees and Spreads
- ✔️Orbex Additional Trading Fees
- ✔️Orbex Broker Fees
- Orbex Pros and Cons
- Frequently Asked Questions
Here is our overview of the Orbex Fees Spreads and Commission as well as the features that are offered, which could effect your trading.
Orbex Fees and Spreads
Orbex’s spreads on EUR/USD average from 1,5 pips.
Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with Orbex is as follows:
️ Orbex earns its fees from spreads, as well as from commissions and swap rates.
️ The Fixed Spread Account spread on the EUR/USD is 1.5 pips.
️ The Premium Account starts with 0.0 pip spread but comes with a commission of $8 per lot.
️ Swap rates are published on the website but are best accessed directly from the MT4 Trading Platform.
Orbex Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight fees, or swap fees will be applicable when positions are held for longer than one trading day.
Orbex does / not provide for an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The Orbex support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.
Orbex Broker Fees
Orbex does not charge deposit fees but does charge “storage fees” on certain assets and an inactivity fee on idle accounts.
Traders need to verify what additional charges which may be waived by their financial institution. In addition, should traders transfer fees in a currency which is different from their account base currency they may be subjected to currency conversion fees.
No withdrawal fees are charged.
Min Deposit USD 200 Regulators CySEC, FSC Trading Platform MT4 Crypto No Total Pairs 50+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Orbex Pros and Cons
| ✔️ Pros | ❌ Cons |
| Access to Trading Central | “Storage” and inactivity fees charged |
| Demo and Islamic accounts can be opened | Extremely high fees |
| Good educational offerings for beginners | Offshore broker with offshore regulation |
| No withdrawal fees | Only MT4 platform |
| Several account options available |
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You might also like: Orbex Islamic Account Overview
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Frequently Asked Questions
How many instruments can I trade with Orbex?
You can trade several different instruments with Orbex, which include the following:
- Forex
- Energies
- Precious Metals
- Cash Indices
Which platforms are supported by Orbex?
Orbex provides the popular trading platform MetaTrader 4.
Does Orbex offer leverage?
Yes, Orbex offers a maximum leverage of up to 1: 500.
What spreads can I expect with Orbex?
Orbex offers spreads from 0 pips.
More information should first be obtained from the customer support service to make an informed choice.
Does Orbex charge commission?
Some accounts offer commission-free trading and some offer commission-based trading. More information on commissions should become available after opening an account or can be obtained from the customer support service.
Are there additional charges on the Islamic account?
Orbex does offer an Islamic Account. Some brokers charge extra fees on Islamic accounts – are either in wider spreads, additional commissions, or administration fees to make up for money that they lose with not charging overnight fees.
Is Orbex regulated and by whom?
Orbex is regulated by CySEC and the FSC.
Is Orbex a recommended forex trading broker for experts and beginners?
Orbex offers a fair-trading environment for most types of traders. Its asset selection however may be more suitable for less-advanced traders.
What is the overall rating out of 10 for Orbex?
6/10.
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