Orbex Trading Platform – Review, Top Features, Set-up Process, Benefits & moreLast Updated Date: Apr 23, 2022
It is not true that online Trading is confusing, but it might be difficult for people who have not researched before starting online Trading.
It is important to know and research the company you are thinking of for investment.
So in this article, you will learn about Orbex, which provides an online platform for its clients, its features, fee structure, and other important aspects.
Orbex is a global brokerage firm that offers financial services in various financial instruments.
Go through the article carefully, and it will help you get off to a good start in the world of Online Trading.
About Orbex Trading Platform
Choosing an online platform for trading, a trader should be aware of the broker’s administrative body and its regulatory status.
Your capital will be at risk if your broker does not follow the supervision of any regulatory body.
Orbex is a reliable broker, established in 2010.
It has its head office in Cyprus. Since twelve years in operation, this online broker has offered an easy trading platform with tools for both trading experts and new traders.
Orbex is a regulatory broker firm.
That means Orbex is regulated by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC).
Orbex, a global online financial service provider, allows its customers to access more than 300+ financial CFD instruments.
It offers clients a wide range of financial markets such as Forex, Indices, Commodities, and Stocks.
The clients of Orbex also get the benefit of the MetaTrader 4 platform and API Trading for PC and MAC.
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Orbex Trading Platform – Top Features
Orbex is a secure and safe brokerage firm with the following features:
- The Orbex is regulated and controlled by reputable financial regulatory bodies.
- Orbex is a trusted online broker that offers several accounts and the MT4 platform.
- This platform is available on multiple devices. It is accessible on Windows PC Apple Mac computers, including iOS devices like iPhones and iPods. It can also be obtainable through Android devices and online through a web browser.
- Also, it provides three different types of trading accounts: Starter account, Premium account, and Ultimate account. A starter account is commission-free with a minimum deposit of $200, whereas a Premium account requires $5,000 and charges a commission of $8. Ultimate account charges a commission of $5 and requires a minimum deposit of $25,000.
- Orbex grants full transparency regarding fees, execution, and pricing structure of the company.
- It does not charge any withdrawal fees and does not charge fees for inactive accounts.
- All three accounts offer variable spreads from 0.0 pips and leverage up to 1:500.
- Orbex provides free webinars and training sessions for its clients. Premium and Ultimate account holders are benefitted from more educational resources.
- Orbex offers a virtual portfolio. That means traders using the Orbex platform can open a demo account to explore new platforms.
- Orbex offers its customers the benefit of using the trading platform in eleven different languages.
- The broker offers a complimentary Virtual private server (VPS) for traders. It allows the trader to access the market 24/5, and that’s without an internet connection.
- It provides its clients with the benefit of the Negative Balance Protection across all account types so that their losses do not exceed the initial investment.
- Orbex has a 24/5 customer service team that provides multilingual support to traders.
How to set up an Orbex Trading Terminal?
Orbex is a trading platform that provides its customers with distinctive and powerful trading features and tools, as well as an uncomplicated and straightforward trading account and trading platform setup procedure.
The following steps will walk you through the whole process of setting up and owning the Orbex trading platform:
Look for the option to “open my account” on the Orbex website’s home page. You will get two trading accounts options, including the professional trading account and the demo account.
To set up a professional trading account, choose it and fill out a short form to provide details such as your name, email id, type of currency you want to trade in, country, etc., fill the form with accurate information and submit it to proceed ahead.
The next step includes the Registration process, wherein you must fill out a more elaborate form. Please fill out the complete form and upload it.
You may select your chosen payment method from Orbex’s various possibilities in the following step.
In the next step, you are required to perform the EKYC to assure the trading company about your identity and financial status.
The broker will demand you to show your significant documents, including Passport, PAN card, bank statements, credit cards, debit cards, government id, residential proof, etc.
Lastly, you can fund your account with the minimum deposit required and start accessing the services of the Orbex trading platform after 2 or 3 working days.
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How to Own Orbex Web Trading Platform?
Orbex works on many formats, including iPhone, Samsung, and Microsoft PCs.
The Orbex mobile trading app may be downloaded and used on your smartphone for free.
To own the Orbex Trading Platform, you must first download the Orbex app. You can download it on the device’s app store.
After downloading the app, install the app on your device by agreeing to the terms and conditions and users’ agreement.
Now log in to the app using the broker’s login credentials that you have received while setting up the account.
From the fall option, choose Trading. Just go to the ‘trading’ section once logging in.
You can personalize your profile and explore around to learn about all the accessible trading tools and features.
Orbex offers a free trial account and cryptocurrency access to the MetaTrader 4 trading system, allowing you to test your trading techniques without risking your real money.
So you can log in to either the brokerage account or the demo account once you’ve utilized the demo account.
You may choose your investment funds; create trading systems, and start buying or selling tradable commodities on the marketplace.
Advantages of Orbex Trading Platform
The following is one of the main benefits that Orbex platforms provide:
Legal and Regulated Trading Platform
Orbex is a reputed and regulated trading platform founded in the year 2011.
It ensures superior security and safety to its users and invested funds. It is regulated by some top financial authorities, including CySec, FCA, and FSC.
Orbex creates a secure online marketplace by utilizing cutting-edge technologies.
Customer data can be backed up and safeguarded regularly, and client funds are kept separate from corporate accounts.
Including over a year of business service and so many achievement accolades to the name,
Orbex asserts to have a strong foundation and expertise in the financial sector along with a Worldwide presence and reputation for its unparalleled and advanced services.
Orbex offers its users advanced trading services and technology to provide an excellent trading experience and more profitable trading opportunities.
It offers a World recognized MetaTrader suite wherein the traders can use limited signals and secured data techniques.
The leverage offered at the Orbex trading platform is 500:1 and the spread offered is as tight as 0.0 pips.
It offers tier-1 bank liquidity to all the live account holders and insurance and VPS for the financial instruments.
Tradable assets offered
Orbex offers a wide range of tradable assets, including CFD’s on exotic, significant, and cross currency pairs, global indices, and stocks. It also offers a range of precious metals and energies.
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Orbex Trading Platform – Conclusion
Additionally, the Orbex trading desk shines in providing the best trading services to its clients by providing a full MetaTrader suite.
The users have rated the Orbex trading platform with a three to four stars rating on the internet.
There are many positive reviews and feedback available on its websites.
Also, it provides complete support into four more languages: English, Castellan, Japanese, and French, to assist traders with their questions and improve their trading experience.
You can assess what’s best for your investments and make the appropriate decision to use the data supplied on the trading platforms.
Orbex Trading Platform FAQs
Here is the list of FAQs related to the Orbex trading platform:
What is the Orbex Trading Platform called?
Orbex is a Mauritius-based Forex and CFD broker founded in 2011. The Mauritius Financial Services Commission (FSC) has authorized and regulated it.
It provides users with access to over 300+ financial CFD products spanning Forex, Indices, Commodities, and Stocks (UK/EU/US), all via the popular MetaTrader 4 platform for PC and MAC.
Does Orbex provide Web Trading?
Yes, Orbex uses cutting-edge technology to deliver a safe and secure online trading environment. The users can trade via a live trading account to trade in the live forex market.
Is Orbex Trading Platform Free to use?
No, the cost of Trading with Orbex varies based on the account type and the market being traded.
Though it offers a free demo account to the users to understand the basics of online Trading, Orbex trading platform imposes reasonable charges on all of its trading accounts, including starter account, PAMM account, premium account, and ultimate account.
The overall trading expenses are reasonable and transparent.
How to download Orbex Trading Terminal?
Go to the Orbex website and select the trading tab. Now select Trading accounts from the drop-down menu. Fill out the short form and submit it.
You have to follow steps such as personal information form, EKYC, and funding the account.
After following these steps, the broker will approve your request in 2 to 3 working days and send login credentials to your email id.
What features does the Orbex Online Trading Platform have?
Orbex online trading platform offers some of the significant features, including Central Trading, market research, calendar of events, educational material, auxiliary libraries, social Trading, copy trading, trading signals, email alerts, guaranteed fills, trailing SL/TP, Automated Trading, API trading, VPS services, Trading from the chart, offers to hedge, offers promotions, Expert Advisors, and one-click Trading.
Can I trade in Shares via the Orbex Trading Platform?
Orbex provides tradable assets, including indices, stocks, forex, and commodities. But as far as shares are concerned, Orbex does not provide Trading in shares.
Is Orbex Trading Terminal suitable?
Yes, Orbex is a well-regulated and advanced trading terminal that offers the best trading services at competitive trading charges.
Can the Orbex Web Trading Platform be used without EKYC?
EKYC is considered one of the essential aspects that must be done to ensure the safety and security of both the broker and the investor.
At the Orbex trading platform, performing EKYC is mandatory to be a part of this platform.
Does Orbex Trading Platform provide Tips?
No, the Orbex platform does provide Tips.
How to Buy Currencies via Orbex Web Trading Platform?
Orbex, a web trading platform, offers simple features and services.
To buy the currencies, choose the type of currency and volume of currency and click on the buy button to execute your trade.
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