Orbex

BROKER

Direct Cash Rebate up to $7.1

Direct Cash Rebate Credited Monthly to Broker's Account

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Accepting traders from:

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A comprehensive education program allows this forex broker to stand out.

Account
Type
Cash Rebate or
Discount
Current Bonus /
Promo Offer
Rebate
Type

$7.10 Cash

$6.10 Cash

$3.50 Cash

$0.90 Cash

$4.40 Cash

Free VPS under terms / Access to Trading Central Direct Cash Rebate Credited Monthly to Broker's Account
Account
Type
Minimum Initial
Deposit
Maximum
Leverage
Minimum Lot
per Trade
Spread
(EUR/USD)
Commission

$500 USD

$500 USD

$5000 USD

$25000 USD

$500 USD

1:500

1:500

1:500

1:500

1:500

0.01

0.01

0.01

0.01

0.01

Fixed 1.9 pips

Variable from 1.5 pips

Varaible from 1.2 pips

Variable from 0.8 pip

Variable from 1.5 pips

None

None

None

None

$10

Account
Type
Margin Call Stop Out Scalping Hedging Execution

N/A

N/A

N/A

N/A

N/A

20%

20%

20%

20%

20%

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Market

Market

Market

Market

Market

Account
Type
Trading
Instruments
Trading
Platforms
Forex (32)
Spot Metals (4)
CFDs on Energies (1)
CFDs on Indices (4)
MT4 (Windows, Mac OS, iOS, Android, WebTrader, MultiTerminal)
Account
Type
Demo
Accounts
Islamic
Accounts
Joint
Accounts
Corporate
Accounts
Managed
Accounts
Services
Yes Yes Yes Yes No EAs Allowed
News Trading Allowed
VPS
Account
Type
Company Name Regulation Year
Established
Account
Base Currencies
Orbex Ltd CYSEC 124/10 2010 EUR
GBP
PLN
USD
Account
Type
Support
Options
Deposit
Methods
Withdrawal
Methods
Website
Languages
Live Chat
Phone
Email
Callback Request
Fasapay
K-net
Neteller
Skrill
Visa/MasterCard
WebMoney
Wire Transfer
Fasapay
K-net
Neteller
Skrill
Visa/MasterCard
WebMoney
Wire Transfer
Arabic
Bengali
Chinese
English
German
Indonesian
Japanese
Polish
Russian
Spanish
Urdu
Vietnamese

     New fx traders at Orbex are offered with a wide selection of account types. The Classic which requires a minimum deposit of $500 and offers fixed spread (starting from 1.9 on the EURUSD), the Standard, with variable spread as low as 1.5 and a minimum deposit of also $500, the Premium with spread as low as 1.2 requiring a minimum deposit of $5000 and the VIP offering spreads as low as 0.8 and requires a minimum deposit of $25000. They can all accommodate leverage up to 1:500 and are all free of commission. Hedging and scalping are allowed with the exception of the Classic account that does not allow scalping, whilst news trading as well as the use of Expert Advisors is permitted for all account types under certain terms. Furthermore, Orbex offers with the alternative of a Copy Trading account via the FXStat TradeBook social trading platform, which provides forex traders with the opportunity of mirror trading and following fx signals. This account offers the same leverage, features variable spread from 1.5, requires a minimum deposit of $500 and bears a commission of $10 USD per round turn lot.

     Furthermore, this forex broker provides all clients with live accounts with free VPS Service under certain terms, as well as with access to Trading Central’s Research Platform, free of terms. Definitely worth mentioning is the Orbex Strategizer, a tool built in collaboration with TradeWorks that allows algorithmic trading and does not require any programming or coding to create an expert advisor. The system incorporates VPS Hosting and operates on a cloud allowing the trader to apply strategies on a constant basis. The Orbex Strategizer can be used to set complex rules and events, runs directly on the MT4 and is offered to live clients free of charge. Additionally, this fx broker provides all account holders with access to the Orbex TradeLab, an idea sharing platform, which allows traders to publish Forecasts and Forex Signals for others to view, and at the same time view the ideas of fellow traders. Orbex is regulated under CySEC since 2010 with license number 124/10.

     The Maximum Rebate currently offered is $7.1 USD per round turn lot on the Orbex Classic Account. All Cashback Rebates for this forex broker are added Directly to your Trading Account within the first seven days following the current trading month. We recommend registering with us the same email address that you will use with the broker, even though it is optional, in order to enable us to provide you with a better and faster service.

Our Rebate Compared to Competition

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Forex Rebates

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Orbex Max Rebate

$7.1 $6.8 $6.5 $6

Last Updated 04/12/2017

* This review is not directed towards residents of Belgium and the USA

 

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