Is ORBEX a reliable and legit broker for trading?

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Franko Knavs

1-2 years

Is ORBEX a reliable and legit broker for trading?

Broker Issues

Orbex

Regulation

08-14

United States

WikiFX

Yes, I believe ORBEX trading is reliable since it’s regulated by CYSEC, and offers features like negative balance protection. However, the 1:500 leverage they provide can be risky, so I always ensure I use it cautiously to avoid potential losses.

Regulated

Orbex

Orbex Limited

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

6.71

Score

ECN Account 15-20 yearsRegulated in CyprusRegulated in SeychellesMarket Maker (MM)Retail Forex LicenseMT4 Full LicenseSelf-developedEuropean Authorized Representative (EEA)High potential riskOffshore Regulated

6.71

Score

Is ORBEX a reliable and legit broker for trading?

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