In this review, we delve into the operations of Orbex, an online forex broker that has been in the industry since 2010. Formerly known as AFBFx, Orbex has carved out a reputation for offering a wide array of trading platforms including MetaTrader 4, MT Mobile, MT4 Mac, and WebTrader. With a minimum trade size of 0.01 and a maximum leverage of 500:1, Orbex makes it possible for investors to trade in over 35 currency pairs, metals, equities, indices, energies, commodities, and futures. The company, which operates from its office in Limassol, Cyprus, requires a minimum of $200 to open a live account. Its trading conditions are also quite flexible, allowing for EAs/Robots, news trading, and scalping. In addition, Orbex supports both web and mobile trading, which enhances convenience for its clients. Orbex has a range of deposit and withdrawal methods, including Bank Wire, VISA, MasterCard, FasaPay, KNET Payment Gateway, Neteller, Skrill, WebMoney, and Zotapay. As a regulated entity, Orbex operates under the oversight of CySEC and FSC Mauritius. However, it's worth noting that the broker has a list of prohibited countries, which potential clients should familiarize themselves with. In the ever-competitive world of forex trading, Orbex seems to be holding its own, offering diverse trading options and platforms for its clients. However, as with any investment, potential traders should conduct thorough research and consider their risk tolerance before diving in.

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Review

Orbex, previously known as AFBFx, is a renowned online forex broker that has been in operation since 2010. The company provides a range of top forex trading platforms including MetaTrader 4, MT Mobile, MT4 Mac, and WebTrader. With Orbex, traders have access to more than 35 currency pairs, metals, equities, indices, energies, commodities, and futures for personal investment and trading options.

Trading Platforms and Options

Orbex offers a variety of trading platforms to cater to the diverse needs of traders. MetaTrader 4, MT Mobile, MT4 Mac, and WebTrader are among the top platforms provided. These platforms are designed to provide traders with a seamless and efficient trading experience, whether they are trading on their desktop or mobile devices.

Investment and Trading Options

With over 35 currency pairs, metals, equities, indices, energies, commodities, and futures to choose from, Orbex provides a wide array of investment and trading options. Whether you are a beginner or an experienced trader, Orbex has something to offer you.

Broker Details

Orbex has a minimum trade size of 0.01 and a maximum leverage of 500:1. To open a live account, a minimum deposit of $200 is required. The company is based in Limassol, Cyprus and can be contacted via email at [email protected] or by phone at 357 25588855.

Regulation and Safety

Orbex is regulated by CySEC #124/10 and FSC Mauritius #FS-4.1, SEC-2.1B. This indicates that the company adheres to strict regulatory standards, providing a secure trading environment for its clients.

Deposit and Withdrawal Methods

Orbex offers multiple deposit and withdrawal methods including Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, FasaPay, KNET Payment Gateway, Neteller, Skrill, WebMoney, and Zotapay. This ensures that traders can easily fund their accounts and withdraw their earnings.

Pros and Cons

Pros:

Wide range of trading platforms and options
Regulated by reputable regulatory bodies
Offers over 35 currency pairs and various other trading instruments
Multiple deposit and withdrawal methods

Cons:

High minimum deposit to open a live account
Not available in some countries

Scammer or not

Given the regulatory oversight by CySEC and FSC, and the positive feedback from many traders, it is unlikely that Orbex is a scam. However, it is always recommended to conduct thorough research and consider multiple Forex Company Reviews before choosing a broker.

Safety Check

Orbex has implemented robust security measures to ensure the safety of its clients' funds. The company is regulated by reputable bodies, which further boosts its credibility and reliability.

FAQs

What is the minimum deposit required to open a live account with Orbex?
The minimum deposit required to open a live account with Orbex is $200.
What trading platforms does Orbex offer?
Orbex offers MetaTrader 4, MT Mobile, MT4 Mac, and WebTrader.
Is Orbex regulated?
Yes, Orbex is regulated by CySEC #124/10 and FSC Mauritius #FS-4.1, SEC-2.1B.

This independent review aims to provide a comprehensive overview of Orbex. Traders can share their experiences and feedback about the company on the forexroboteasy.com website.

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