Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

ORBEX

Cyprus | 10-15 years | Environment D |
Regulated in Cyprus | Market Maker (MM) | MT4 Full License | United Kingdom European Authorized Representative (EEA) Unsubscribed | High potential risk

https://www.orbex.com.cy/

Website

Rating Index

Environment

Environment

D

Average transaction speed (ms)

494.6

MT4/5

Full License

Orbex-Demo

United Kingdom
MT4
3

Influence

B

Influence index NO.1

India 3.51
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:B

Slippage:D

Cost:D

Disconnected:C

Rollover:C

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
Orbex-Demo MT4
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

India 3.51
Surpassed 64.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 25588855
support@orbex.com.cy
https://www.orbex.com.cy/
82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus.
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-06-10
  • The number of the complaints received by WikiFX have reached 28 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
Cyprus
Operating Period
10-15 years
Company Name
ORBEX Ltd
Abbreviation
ORBEX
Company employee
--
Customer Service Email Address
support@orbex.com.cy
Contact Number
+35725588855
Company Website
Company address
82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus.

FX2903987236

Unverified

Belgium

Hello, I am writing to formally file a complaint against the broker Orbexforex.com, which operates as the offshore branch of Orbex.com. This broker has deducted 3% for deposits and another 3% for withdrawals, amounting to a total of 6% of my funds, without prior notification or my explicit consent. Despite my inquiries, they have failed to provide a clear explanation for these charges. Additionally, their customer support team has been disrespectful and unprofessional in their responses. The broker's high spreads and excessive commissions make it nearly impossible to trade profitably. Moreover, slippage and candle manipulation occur frequently, further disadvantaging traders. It is evident that Orbexforex.com has turned into a platform for exploiting traders, hiding under the guise of regulatory oversight and leveraging aggressive marketing campaigns to attract unsuspecting clients. I kindly request that this matter be thoroughly investigated and appropriate action be taken against

Exposure

01-01

FX3508815941

Unverified

Turkey

Orbex fx is deceiving customers by promising a 150% bonus for investment and thus persuading investors to make investments, then without any reason, it withdraws the bonus defined while the investor's trades are still ongoing and forces the investor to stop out. Afterwards, it does not compensate for its mistake. 🌑 It is definitely not a reliable institution. The so-called 150% bonus is a trap aimed at deceiving people, I do not recommend anyone to invest.

Exposure

2024-12-02

FX1304438350

Unverified

Turkey

When you open an account with ORBEX, they send you free signals and share the trades they open and close daily. ORBEX's balance is shown to be very strong, so it never loses and appears to make money. I lost 40,000 USD, I was officially scammed...

Exposure

2024-10-24

Pongtai

Unverified

Vietnam

Even though there were four regulators, none of them were on the job during the critical time. Fortunately, no money was lost during the transaction, and the leverage was pretty reasonable.

Neutral

2024-07-31

Happiness1

Unverified

Australia

Trading with Orbex has honestly been a smooth ride. Love how they've set up their platform—super intuitive and the MetaTrader tools are a big plus. The zero-spread thing is real, and it makes a huge difference in trading costs. Their daily tips and insights are super helpful, keep me on top of my game. Getting started was a breeze too, thanks to the quick funding options. Feels good to trade knowing they've got solid security measures in place. If you're looking into trading platforms, Orbex is definitely worth checking out!

Positive

2024-06-04

AAAA201253

Unverified

United States

The spread of the platform is not bad, the transaction speed is relatively fast, and the commission has always been normal

Positive

2023-09-06

FX1218739660

Unverified

Vietnam

Been trading with ORBEX for years, and can say that this broker is a responsible one, always taking care of my withdrawals. I totally have no problems with this broker, and I would give it five stars.

Positive

2023-02-21

FX3491026560

Unverified

Nigeria

After hard work of trading Orbex do not pay-me, please i need help.

Exposure

2021-07-23

FX1067716822

Unverified

Portugal

ORBEX HAS THE SKILL TO DEFRAUD TRADERS WITH SLIPPAGE AND KEEP ORDERS OPENED AFTER STOP LOSS! THEY DO NOT HAVE A OFFICE IN MAURITIUS AS THEY CLAIM! FAKE BROKER

Exposure

2021-07-23

FX2144948066

Unverified

Argentina

I was cheated by this broker and unable to withdraw. After several attempts, I found its scam. Do not deposit on it.

Exposure

2021-07-23

Mayaz Ahmad

Unverified

Bangladesh

A client has claimed he could not withdraw after making profit and orbex has given him illogical explainations for withdrawal failures. The client has called Orbex market manipulators.

Exposure

2021-07-06

FX4013103211

Unverified

Portugal

ORBEX IS A FAKE BROKER!!!!! SCAM SCAM SCAM SCAM!!!! Yesterday after successful trading and make a good profit, Orbex email me that i was abusing the platform and its prices. Also, they have admitted that they delay prices for its clients which is ILLEGAL, MARKET MANIPULATORS!!!!!!!!! Regulators should step in and stop companies like this to operate on the markets!!!! A few months ago i operate there and lost money, they withdraw very fast without an issue, now that i have profits they try to scam me!! RUNAWAY FROM ORBEX!!!

Exposure

2021-06-24

Mr. Rolex

Unverified

Portugal

Yesterday after sucessful trading and make a good profit, Orbex email me that i was abusing the platform and its prices. Also they have addmited that they delay prices for its clients which is ILLEGAL, MARKET MANIPULATORS!!!!!!!!!Regulators should step in and stop companies like this to operate on the markets!!!! A few months ago i operate there and lost money, they withdraw very fast without a issue, now that i have profits they try to scam me!! RUN AWAY FROM ORBEX!!!

Exposure

2021-06-18

Unverified

Hong Kong

ORBEX cheats people to deposit funds but gives no access to withdrawals.

Exposure

2021-02-08

猎豹

Unverified

Hong Kong

Since November until now, the deposit was first required, and even the platform disappeared. It’s a lie, now I’ve transferred to another platform and I’m still asking me to pay a deposit, saying that they promised that I could withdraw funds after the payment.

Exposure

2021-02-01

FX3523585793

Unverified

Hong Kong

It’s impossible to make withdrawals. They changed my bank card number and said it was wrong. So I have to pay margint, and the credit points were not enough.

Exposure

2021-01-29

FX2488724760

Unverified

Hong Kong

The balance in the account is always forbidden to withdraw for various reasons. Don’t be fooled

Exposure

2021-01-27

猎豹

Unverified

Hong Kong

Deposit twice in November, 119,800 in total. And profit 564,747. But when I withdrew funds, I had to pay 113,000 for wrong card number. I realized I was cheated so I refused. And this platform was closed in January. I hope everyone can know the true color of this platform, free from being cheated.

Exposure

2021-01-21

FX2608776173

Unverified

Hong Kong

On January 15, 2021, I heard a netizen’s instruction to transfer 8,000 US dollar, that is, 56,000 yuan to the Orbex trading platform. Under his guidance, I bought USD/JPY and made a lot of money. After that, the total account assets were 17,600 US dollar. When I withdrew my cash, I was rejected. I asked the customer service and was told that I had to deposit 10,000 US dollars to be promoted to a gold member to withdraw. I immediately realized that I was cheated. There is no doubt that the platform is a scam. The netizen may be a bait hired by the platform. I have been asked to borrow money and deposit. The method is very poor. They can think of any way they can think of, and let you use your credit to borrow from major apps.

Exposure

2021-01-17

FX3523585793

Unverified

Hong Kong

Unable to withdraw

Exposure

2021-01-14

FX3523585793

Unverified

Hong Kong

Can’t withdraw funds without recharging. But in the end, your applications will be refused

Exposure

2021-01-05

猎豹

Unverified

Hong Kong

I invested in November last year. The recommender and the teacher who brought the order can still be contacted, but the platform can’t log in, and don’t want to withdraw cash. If you withdraw, it will be a deposit, credit points, and taxes. I know that I was cheated, warn everyone not to be fooled, see the reasons below

Exposure

2021-01-04

FX3523585793

Unverified

Hong Kong

Cheat us to deposit funds all the time with excuses of entering wrong bank card number, margin and insufficient credit score

Exposure

2021-01-02

33
Account
Related Software
Environment
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
News
Comment
Related Software
Full License MT4
2
MT4 Servers
0
MT5 Servers
184.33
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Perfect

Users who viewed ORBEX also viewed..

Taurex

8.42
Score
5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Taurex
Taurex
Score
8.42
  • 5-10 years |
  • Regulated in United Kingdom |
  • Market Maker (MM) |
  • MT4 Full License
Official website

VT Markets

8.52
Score
5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
VT Markets
VT Markets
Score
8.52
  • 5-10 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

CPT Markets

8.63
Score
10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.63
  • 10-15 years |
  • Regulated in United Kingdom |
  • Market Maker (MM) |
  • MT4 Full License
Official website

TMGM

8.55
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
TMGM
TMGM
Score
8.55
  • 10-15 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

Environment

Average transaction speed(ms)
494.6
The highest transaction speed(ms)
395 Poor
The highest speed of opening positions(ms)
426 Poor
The highest speed of closing position(ms)
395
The lowest speed of opening positions(ms)
798 Great
The lowest speed of closing position(ms)
719 Great
0USD/Lot
38.28USD/Lot
Long: -11.29USD/Lot    Short: 3.6USD/Lot Poor
Long: -57.15USD/Lot    Short: 28.02USD/Lot Poor
Average slippage
11.7 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.8 Great
Average reconnection time (millisecond/per request)
74.1
Ranking: 130 / 130
Test user 260
Orders 1,168
Ocuppied margin $193,271 USD
Data Source
WikiFX Data provide
Updated: 2025-06-09 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Cyprus
orbex.com.cy
3.126.178.92
orbexforex.com
76.76.21.21
orbexchina.com
18.162.203.177
orbex.com
107.154.140.156

Relevant Enterprises

Orbex Ltd(Mauritius)
Active
Mauritius
Registration No.
C157876
Established
2018-07-25
ORBEX LIMITED(Cyprus)
Active
Cyprus
Registration No.
HE258884
Established
2009-12-07

Company Summary

ORBEXReview Summary
Founded/
Registered Country/RegionCyprus
RegulationCYSEC
Market Instrumentsforex, precious metals, energies, indices
Demo Account
LeverageUp to 1:500
Spread0.0 pip
Trading PlatformMT4
Minimum Deposit$100
Customer SupportLive chat, contact form, 24/5 customer support
Tel:+357 25588855; +357 25588853
Address: 82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus.
Email:support@orbex.com.cy
Facebook, X, LinkedIn,Twitter
Regional Restrictions/

ORBEX Information

ORBEX is a regulated broker, offering trading on forex, precious metals, energies, indices, and market holidays with leverage up to 1:500 and spread from 0.0 pip on MT4 trading platform. The minimum deposit requirement is $100.

ORBEX Information

Pros and Cons

Pros Cons
RegulatedTrading fees applied
With demo accountNo MT5 platform
Various contact channels
Various trading products
With MT4 platform
No deposit and withdrawal fees
Live chat support
Popular payment options

Is ORBEX Legit?

Yes. ORBEX is licensed by CYSEC with license number 124/10 to offer services and provides negative balance protection.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
CyprusCYSECRegulatedORBEX LtdMarket Maker (MM)124/10
license

What Can I Trade on ORBEX?

ORBEX offers trading on forex, precious metals, energies, and indices.

ORBEX Clients can execute trades 24 hours a day from 00:05 on Monday until 23:30 on Friday (Cyprus Time), except for some instruments which halt at different times, such as a break.

Tradable Instruments Supported
Forex
Precious Metals
Energies
Cash Indices
Futures Indices
Bonds
Stocks
Options
ETFs
assets

Account Type

The broker offers demo accounts and Islamic (Swap Free) accounts. And here are four account types ORBEX offers: Starter account, Premium account, and Ultimate account.

Account TypeMinimum Deposit
Starter Account$100
Premium Account$500
Ultimate Account$25,000
Account Type

Leverage

The broker offers maximum leverage at 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

ORBEX Fees

Trading Fees

Account TypeCommission
Starter Account$0
Premium Account$8
Ultimate Account$5

ORBEX Spreads

Starter account offers spreads from 1.5 pips, and Premium account and Ultimate account offers spreads from 0.0 pip.

Account TypeSpreads
Starter Account1.5 pips
Premium Account0.0 pip
Ultimate Account0.0 pip

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, mobileBeginners
MT5/Experienced trader
Trading Platform

Deposit and Withdrawal

Orbex accepts payments Credit/Debit cards, Skrill/Moneybookers, Neteller, Wire Transfer, Klarna/Sofort.

Deposit OptionsMinimum DepositFees Processing Time
Skrill/0.00%Up to 2 hours
Direct Debit / Credit Cards/0.00%Up to 2 hours
Bank Wire/0.00%3-5 business days
NETELLER/0.00%Up to 2 hours
Klarna/Sofort/0.00%Up to 2 hours
Withdrawal Options Minimum Withdrawal Fees Processing Time
Skrill/0.00%Up to 24 hours
Direct Debit / Credit Cards/0.00%3-5 business days
Bank Wire/0.00%3-5 business days
NETELLER/0.00%Up to 24 hours
Klarna/Sofort/0.00%Up to 24 hours
Deposit and Withdrawal

Keywords

  • 10-15 years
  • Regulated in Cyprus
  • Market Maker (MM)
  • MT4 Full License
  • United Kingdom European Authorized Representative (EEA) Unsubscribed
  • High potential risk

User Reviews 33

All (33) Positive (3) Neutral (1) Exposure (29)
Scroll down to view more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
33
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com