ORBEX Forex Broker Review 2023

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Orbex is a forex CFD broker with over 10 years of experience in the forex market. Orbex boasts a long-standing history of providing traders with ECN trading conditions, by giving traders direct access to top-tier liquidity providers and this can be seen by the raw spreads in their premium account.

With 3  international offices in Mauritius, Kuwait. and Jordan, Orbex is a regulated  No Dealing Desk (NDD) broker and promises clients no requotes, minimal slippage, low spreads, and order execution speeds under 0,03 seconds. This is a great broker for both beginners and experienced traders. 

The broker is well known for its award-winning market research and trading education which traders can leverage in order to stay ahead in the forex market. The market research this broker offer is insightful and free which makes Orbex unique. It is updated and traders can make reference to it for making trading decisions.

Aside from quality research and trading education, Orbex has  Percent Allocation Management Modules (PAMM Accounts).  This allows investors with no trading knowledge or background to also profit from the markets. 

Using innovative technology, the service enables Investors to deposit money into a pool account (PAMM Investment Account) operated by the Manager.

Profits and losses arising from the Manager’s trading strategy are then automatically calculated and distributed according to each Investor’s initial deposit. This is a fully transparent platform that hides no fees, trading conditions, or commissions.

 All PAMM Managers must meet exceptionally strict criteria to qualify , and are required to back their trading strategies with their own funds. 

-Minimum Deposit: $100

-Deposit Methods: VISA, Mastercard, Cryptocurrency payments, and  Payment Agents

-Withdrawal Processing Time: Up to 24hrs

-Commission: No withdrawal and Deposit Fees

-Crypto Deposits & Withdrawals: Yes

- Non-Dealing Desk ECN Broker

- Low Stop -out level 20%

-Ultra Fast order executions

-PAMM Accounts

-Free VPS

- Free  Market Research and Analysis

- EA Friendly Accounts

- Access to Trading Central

-One -on-one trading sessions on Premium Account

-Competitive Trading fees

 Orbex is a derivatives broker that has operated for over a decade, affording retail and professional traders a wide range of different account types. It has a fair amount of tradable instruments and a rich and highly informative collection of research and educational materials. Orbex Global Ltd is licensed and headquartered in Mauritius, with offices in Kuwait, and Jordan.

 The broker has competitive trading fees and is best suited to cater to the needs of newbie retail traders. With its extensive collection of educational videos, informative articles, quizzes and webinars, beginners can take advantage of the wealth of information to develop a systematic understanding of the basics of trading 

Orbex’s MT4 platform affords copy trading, also known as social trading. It is a great option for beginners looking to replicate successful strategies with a proven track record of other more experienced traders. Automated trading is also available. This is why we found the platform to be suitable for beginners and advanced traders alike.

The broker also allows traders to implement more sophisticated strategies on the platform, such as scalping and hedging.

This is a broker we highly recommend