This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
Orbex Review
Orbex spent 15 years under CySEC in Cyprus but is now giving up that license. It runs mainly through Mauritius and Seychelles, where WikiFX logs dozens of complaints.
Min Deposit
$100
Spreads From
0.0 pips
Max Leverage
1:500 (outside the EU, through offshore entities)
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Traded under a top tier CySEC license in Cyprus for about 15 years
- Offers both MetaTrader 4 and MetaTrader 5 on desktop and mobile
- Spreads start from 0.0 pips with leverage up to 1:500 offshore
- Provides free VPS hosting and a Trading Central research package
Cons
- Giving up its CySEC license, its only top tier EU regulator
- Now relies mainly on lighter regulators in Mauritius and Seychelles
- WikiFX lists close to 30 unresolved complaints about the broker
- Users report withdrawals taking over a month with fees above 60 dollars
- Site still claims Cyprus fund protection while it exits CySEC regulation
Orbex started life in Cyprus in 2010 under the name AFB FX Ltd, then traded as Orbex under CySEC license 124/10 for about 15 years. That EU license is now listed as under examination for voluntary renunciation, and the Cyprus entity told clients its last day of business in the EU was in July 2025.
The group now runs mainly through Orbex Global Limited in Mauritius, along with linked companies in Seychelles, Saint Vincent and the Grenadines, and Saint Lucia. These regulators offer far less protection than CySEC did. Traders use MetaTrader 4 or MetaTrader 5, with spreads from 0.0 pips and leverage up to 1:500 outside the EU.
WikiFX lists close to 30 unresolved complaints, including withdrawals taking over a month and fees above 60 dollars, plus deposit and withdrawal charges near 3 percent each. The Orbex homepage still claims Cyprus fund protection even though the firm is leaving CySEC regulation, so check that claim directly before funding an account.
Min. Deposit
USD 100
Max Leverage
1:500 (outside the EU, through offshore entities)
Spreads From
0.0 pips
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
