Orbex

Cashback Broker

Orbex is a multinational currency and CFD broker with over ten years of experience in the market. With the wide range of trading products and the very fair fee structure even for low capitalized accounts, Orbex can convince. The broker is regulated by the Financial Service Commission (FSC) Mauritius and also impresses with its excellent price positioning thanks to its connection to various tier-1 banks. Customer support is available 24 hours a day during trading days via chat or email.

Accounts & Cashback

Provides services to:
International Clients
Existing trading account:
Can be connected
Cashback:
Up to $4.00 Cashback per traded Forex lot
Calculation interval:
Monthly cashback update in your Trading Deals wallet

Trading

Minimum deposit:
$200
Available Trading Assets:
CFDs on Forex, Metals, Commodities & Indices
Commissions:
Zero Commission on STARTER Account, $8 per lot on PREMIUM Account and $5 on ULTIMATE Account
Minimum position size:
From 0.01 lot with step 0.01
Trading platform:
Meta Trader 4
Leverage:
Up to 1:500
Islamic Account available:
True

Support & Regulation

Support Languages:
Arabic, Bengali, Chinese, English, French, German, Hungarian, Indonesian, Italian, Malay, Polish, Russian, Spanish, Urdu, Vietnamese, Turkish
Support available:
E-Mail, Phone
Regulated:
Mauritius Financial Services Commission

How to activate your Cashback

1

Click on the link below, depending on what you want to connect:

Open & connect a new trading account

Connect an existing trading account

2

New trading account account:
Click the green Button to open a new trading account. It is important to enter our partner ID code on the broker’s website in the opening process – and then come back to this page afterwards. Our Partner Code is: 10001017

 

Existing trading account:
Just don’t care about our Partner ID code. A request to connect your existing account to Trading Deals will be sent to Orbex automatically just following the process properly.

3

Enter your new or existing account number on the Trading Deals website in the Trading Account Number input field you opened in step 1.

4

Click the Submit-Button to send your connection request. We will now check your request and inform you after confirmation.

Orbex

Orbex is an international broker that specialises in trading forex, CFDs, shares, indices and commodities. Founded in 2011, the company is headquartered in Limassol, Cyprus, where it is regulated by the Cyprus Securities and Exchange Commission (CySEC). This regulation contributes to security and trustworthiness by ensuring that Orbex complies with strict financial regulations. The company received the “Excellence in Forex Trading” award in 2024.

Is Orbex reputable?

Orbex can be considered a reputable broker. The company is regulated by a reputable financial supervisory authority and has a good reputation in the industry. Orbex has also received several awards for its services, including the “Best Customer Service MENA 2023 Award”, the “Most Transparent Forex Broker 2023” and the “Excellence in Forex Trading” 2024 award.

Customer funds are strictly separated from company ones, and the company is a member of the ICF (Investor Compensation Fund). This means that customers are insured and receive a compensation payment from the ICF if the broker is unable to perform. There is also protection for negative account balances.

However, it is important to note that no regulation can guarantee absolute security. It is always advisable to perform one’s own research before choosing a broker.

What is the minimum deposit at Orbex?

The minimum deposit at Orbex for the starter account is $50. For other account types, such as the Premium account, the minimum deposit is $500 and for the Ultimate account it is $25,000.

Withdrawing money from Orbex

Withdrawals at Orbex are free of charge and can be made via various methods, including bank transfer, credit cards and e-wallets such as Skrill and Neteller. Processing times for withdrawals depend on the method chosen, with e-wallets often being the fastest option and can be processed within a few hours. Bank transfers can take several working days to process.

Orbex advantages

  • Regulation by several reputable financial supervisory authorities

  • Separation of customer funds and company funds

  • First-class trading condition

  • Many trading instruments. Access to forex, shares, commodities, indices, and cryptocurrencies

  • Free demo accounts

  • User-friendly trading platforms such as MetaTrader 4 and 5 and the Orbex mobile app

  • 24/5 customer support via chat, phone, and email

  • Extensive educational programmes for beginners and advanced traders (webinars, trading seminars, and events)

  • Market analyses and economic data

  • Free VPS-hosting

Summary

Orbex is a young broker that has many advantages to offer. The website is very clearly organised. For beginners, Orbex offers a user-friendly trading environment with extensive training materials ranging from webinars and tutorials to a large video collection. This helps newcomers familiarise themselves with the trading environment and develop their skills. All in all, Orbex is a broker suitable for beginners and experienced traders alike, thanks to its regulation, low minimum deposits, diverse trading platforms, and extensive training materials. One disadvantage, however, is that demo account access is limited to a maximum of 30 days. This harbours the risk that inexperienced traders will burn money quickly.