ORBEX Information

ORBEX is a regulated broker, offering trading on forex, precious metals, energies, indices, and market holidays with leverage up to 1:500 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $100.

Pros and Cons

Is ORBEX Legit?

Yes. ORBEX is licensed by Cyprus Securities and Exchange Commission (CYSEC) with license number 124/10 to offer services and provides negative balance protection.

What Can I Trade on ORBEX?

ORBEX offers trading on forex, precious metals, energies, and indices.

ORBEX Clients can execute trades 24 hours a day from 00:05 on Monday until 23:30 on Friday (Cyprus Time), except for some instruments which halt at different times, such as a break.

Account Type

ORBEX offers demo accounts and Islamic (Swap Free) accounts. And here are four account types ORBEX offers: Starter account, Premium account, and Ultimate account.

Leverage

ORBEX offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

ORBEX Fees

Trading Platform

Deposit and Withdrawal

Orbex accepts payments Credit/Debit cards, Skrill/Moneybookers, Neteller, Wire Transfer, and Klarna/Sofort.

In 2005, Across FX Co., Ltd. was established and registered as a financial futures trader in November and joined the Financial Futures Association, and in August 2007, started dealing in “Zero FX” and in September 2007, registered as a financial instruments business operator, and moved its headquarters from Minato-ku, Shiba to Akasaka.

In 2008, the name of the company was changed to JFX Co, Ltd. In 2010, JFX started to handle foreign exchange margin trading “MATRIX TRADER,” and in May of the same year, JFX started to provide an iPhone version of the application.

2011, the number of digits displayed in the JFX exchange rate was increased, and in November of the same year, the immediate withdrawal service was started. In 2014, JFX started processing binary options trades, and in July of the same year, the iPhone version of the application became available.

JFX is currently regulated by the Financial Services Agency of Japan (FSA).

Pros and Cons

Is JFX Legit?

Yes. JFX is regulated by Financial Services Agency (FSA).

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	Financial Services Agency (FSA)	Regulated	ＪＦＸ株式会社	Retail Forex License	関東財務局長（金商）第238号

What Can I Trade on JFX?

FX offers investors access to the most popular currency pairs in the foreign exchange market, such as EURJPY, EURAUD, USDCAD, EURGBP, and more. Besides, information on other trading assets is not known at this time.

Leverage

The maximum leverage available at JFX is up to 1:25 according to the Japanese Laws. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Trading Platform

JFX offers traders the most popular MT4 trading platform on the market. MT4 trading platform is the gold standard in the forex trading industry with powerful charting tools, as well as a large number of technical indicators, support for automated trading, and EA's. Additionally, there is the MATRIX TRADER trading platform available for traders to use.

Deposit and Withdrawal

It supports real-time withdrawal services, and there are no fees.

It supports financial institutions such as Rakuten Bank, Sumishin SBI Net Bank, Japan Post Bank, Ion Bank, Lawson Bank, Sumitomo Mitsui Banking Corporation (SMBC), Mitsubishi UFJ Bank, PayPay Bank, U Bank, Mizuho Bank, GMOC Bank, Saitama Resona Bank, Seibu Norimono Bank and about 380 other financial institutions.