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.

Yuanta Futures Information

Yuanta Futures (Hong Kong) is a wholly-owned subsidiary of Yuanta Futures Co., Ltd. (stock code: 6023), a leading enterprise in Taiwan's futures industry. It is a legitimate and compliant futures brokerage platform. The platform offers a rich and diverse range of products, covering indices, commodities, currencies, and various global futures contracts, meeting the diverse trading needs of different investors. The trading channels are convenient, supporting trading through applications such as the “YUANTA EPOLESTAR” on the PC side and the “Yuanta Hong Kong GO” on the mobile side.

Pros and Cons

Is Yuanta Futures Legit?

Yuanta Futures is a legitimate futures brokerage firm. It is regulated by the Taipei Exchange with the regulatory number being Unreleased, which proves that its businesses, including dealing in futures contracts and leveraged foreign exchange trading, are protected by the regulatory authority.

What Can I Trade in Yuanta Futures?

Yuanta Futures offers various trading instruments, including indices, commodities, currencies, and global futures.

Indices: We provide numerous index-related futures contracts, such as those related to the MSCI indices.

Commodities: We offer futures contracts for commodities like crude oil, gold, and agricultural products.

Currencies: Currency futures including USD-CNY (Hong Kong) Futures.

Global Futures: It encompasses a wide range of products, such as US Treasury bond futures, European stock index futures, as well as Singaporean currency and equity futures.

Yuanta Futures Fees

Yuanta Futures charges commissions for the trading of different futures contracts. For example, in Hong Kong futures trading, the commission for Hong Kong index futures and options is HK$50, while the commission for the mini-contracts of some US futures is as low as US$15.

In addition, other fees also need to be paid. For instance, the information service fee (for example, the real-time quotation fee for HKEX futures is HK$75 per month), the bank transfer fee (HK$75), and the service fees for account audit confirmation, and so on (HK$300). Moreover, a currency exchange fee is also payable, and a service charge of 10 percent needs to be added to the exchange rate provided by the bank or the agent.

Trading Platform

Yuanta Futures provides a computer trading platform named “YUANTA EPOLESTAR”, and also supports mobile trading, such as applications like “Yuanta Hong Kong GO”, which are suitable for Android and iOS devices.

Deposit and Withdrawal

Customers can deposit funds through bank transfers, including local and overseas remittances. For local deposits, customers can choose methods such as ATM, cheque machine, telephone banking, counter service, or online banking. For overseas remittance, customers can make the remittance, and please indicate their account name and account number with Yuanta Futures (Hong Kong) on the remittance slip.

Regarding withdrawals, customers can contact their business representatives or fill out withdrawal instructions and submit the withdrawal requests via fax or email. Local transfers are usually credited to the account on the same day, while overseas remittances take 1 to 2 working days.