Orbex Journal

Journal status: live
Orbex joined in | not yet
Orbex Profile
Year
2010
Country
Mauritius
Branches
3
Regulation
FSC Mauritius
Investor protection
Fund protection
...
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
MM, STP
Dealing book
B-book, A-book
Tier
3
Execution speed
...
LPs total
3
LPs quality
Tier-2 PoPs, Other
LPs names
Divisa Capital, GBE Brokers, IS Prime

Orbex Accounts
MM
STP
Minimum Deposit
500 $
200 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.9 pips
1.5 pips
Commission
0 $/lotRT
0 $/lotRT
Volume
50 lots
50 lots
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
fixed
floating
Scalping
no
Unlimited
Update broker

Is Orbex safe?

  • Investor protection: ...
  • Regulation: FSC Mauritius
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Orbex trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • Orbex website: highly detailed, updated ★★★★★
  • Orbex popularity (by visitor count): average ★★★

How Orbex works

Orbex advantages

Hedging, Scalping, EAs and all trading styles allowed and welcomed

https://www.orbex.com/en/free-vps

5.3. In relation to any Transaction the Company may act either as a principal on an own account basis (whereby it will be the execution venue) or as an agent (whereby some other third party will be the execution venue).

https://www.orbex.com/uploads/download/527511CFD-client-agreement.pdf

The Company’s price for a given CFD is calculated by reference to the price of the relevant underlying asset, which the Company obtains from third party external reference sources. For the ECN model, prices are obtained directly from well-known brokers and banks through an electronic execution system. The Company’s execution system will automatically aggregate all available liquidity and will provide to Clients the best possible prices available.

VI. EXECUTION VENUES

Execution Venues are the entities with which the orders are placed and executed. For the purposes of orders for the financial instrument of CFDs, depending on the Clients account type, for ECN accounts the Company will act as an agent (therefore some third financial institution(s) will be the Execution Venue, currently via DIVISA CAPITAL, ISPRIME and GBE BROKERS). A list of these financial institution(s) will be on the Company’s website. The list may be changed at the Company’s discretion by giving at least one business day prior notice to clients.

Under Standard Accounts (NON ECN), the Company always act as the dealer and is the sole counterparty to any Clients orders places. And therefore shall be considered as the Execution Venue for client’s orders.

Under ECN accounts, prices are obtained directly from reputable brokers and banks through an electronic execution system. The Company’s execution system will automatically aggregate all available liquidity and will provide to Clients the best possible prices available. Under this model, a third-party liquidity provider(s) or the Company may act as the Execution Venue for the execution of Client orders. The Company reserves the right to change its Execution Venues at its own discretion.

https://www.orbex.com/uploads/download/812895540Best_Execution_Policy.pdf

Add new comment