All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.53
Rand / Euro = 19.81
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.17
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Orbex Minimum Deposit

Orbex - Minimum Deposit ZAR
 

The Orbex Minimum Deposit is $200 for the starter account. The minimum deposit for the fixed account is $500. The minimum deposit for the Premium account is $5000 and the minimum deposit for the Ulitmate account is $25 000.

 

Orbex at a glance

Broker's NameOrbex
📍 HeadquarteredOrbex Holding LTD is based in Cyprus and Orbex Global LTD in Mauritius
📅 Year Founded2011
⚖️ Regulating AuthoritiesCySEC, FSC
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit$200
💳 Deposit OptionsCredit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna
💳 Withdrawal OptionsCredit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna
💻 Platform TypesMetaTrader 4
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
📈 Tradable assets offeredForex, Energies, Precious Metals, Cash Indices
👨‍💼 Languages supported on Website English, Spanish, Bengali, German, Polish, Italian, Arabic, Japanese, Vietnamese, Russian and more
👥 Customer Support LanguagesEnglish, Spanish, Arabic, German, Japanese, Chinese, Russian, Greek, Polish, Other
📆 Customer Service Hours24/5

 

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 Minimum Deposit below.

 

Orbex Minimum Deposit – 5 key points quick overview:

  1. ✔️Orbex Minimum Deposit
  2. ✔️Orbex Deposit fees and deposit methods
  3. ✔️Step by step guide to depositing the minimum amount
  4. Orbex Pros and Cons
  5. Frequently Asked Questions

 

Here is our overview of the Orbex Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

Orbex Minimum Deposit

orbex minimum deposits

 

Orbex has a minimum deposit requirement of only $ 200.

 

This minimum deposit amount was equivalent to ZAR 2950 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

To open a Fixed Spread Account $500 is needed. A Premium Account can be opened with a deposit of $ 5 000 and an Ultimate Account with $ 25 000.

 

Orbex’ authorisation as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

Orbex Deposit fees and deposit methods

orbex deposits and withdrawals

 

Compared to other brokers, the minimum deposit amount that Orbex requires when traders register a live account is fair.

 

Orbex offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

 

Orbex accepts the following payment methods:

➡️️​ Credit and debit cards

➡️️​ Bank wires

➡️️​ Skrill

➡️️​ Neteller

➡️️​ WebMoney

➡️️​ Fasapay

➡️️​ K-Net

➡️️​ Klarna

 

Orbex does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours.

 

USD is accepted as Deposit currency.

 

Traders must ensure that they verify whether their financial institution charges its own fees.

 

Step by step guide to depositing the minimum amount

Traders can fund their accounts by sending the funds to one of the Orbex segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

Step 1 – Log in to your Orbex account

traders need to log in to their dashboard.

deposit the minimum deposit orbex step 1.

Step 2 – Click on the “funds” tab and then the “deposit” tab

Once logged in to your dashboard locate the “funds” tab and right under click on the “deposit” tab.

 

deposit the minimum deposit orbex step 2

 

Step 3 – Choose the deposit methods

Choose your preferred deposit method to deposit your funds.

deposit the minimum deposit orbex step 3

 

Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

 

Funds must be transferred in the same currency as the bank account which they are sending it to, to prevent currency conversion fees being 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 openedExtremely high fees
Good educational offerings for beginnersOffshore broker with offshore regulation
No withdrawal feesOnly MT4 platform
Several account options available

 

You might also like: Orbex Review

You might also like: Orbex Account Types Overview

You might also like: Orbex Demo Account – Step by Step

You might also like: Orbex Fees and Spreads

You might also like: Orbex Islamic Account Overview

 

Frequently Asked Questions

 

What is the minimum deposit for Orbex?

The minimum deposit for this broker is $200.

 

How do you make a deposit and withdraw money with Orbex?

Orbex offers the following deposit and withdrawal methods:

  • Credit and debit cards
  • Bank wires
  • Skrill
  • Neteller
  • WebMoney
  • Fasapay
  • K-Net
  • Klarna

 

The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

 

Does Orbex charge withdrawal fees?

No. Orbex does not charge any withdrawal fees

 

How long does it take to make a withdrawal?

Withdrawals usually takes up to 24 hours except for credit or debit cards and wire transfers which may take 3 to 5 business days.,

4.6/5 - (19 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 28, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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