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Orbex accounts: which entity holds your money
The account you open decides which legal entity and which regulator stand behind it. Here are Orbex's accounts with that in mind.
Regulation: Mauritius FSC, Investment Dealer (Full Service Dealer excluding Underwriting); Seychelles FSA, Securities Dealer. How Orbex is regulated
Facts last checked . Read the full Orbex review.
Accounts
- Minimum deposit
- $100
- Account types
- Starter, Premium, Ultimate, Swap-Free, Demo
- Account currencies
- USD, EUR, GBP, PLN
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, professional/institutional classification available
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
Orbex runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GBP, PLN. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Orbex accounts
Which base currencies does Orbex support?
Orbex accounts can be held in USD, EUR, GBP, PLN. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
What is the minimum deposit at Orbex?
The minimum deposit at Orbex is $100. It can differ by account type and by the entity you register with.
What account types does Orbex offer?
Orbex offers 5 account types: Starter, Premium, Ultimate, Swap-Free, Demo.
Accounts at brokers under the same regulator
- Eightcap accounts also licensed by FSC (Mauritius)
- XM accounts also licensed by FSC (Mauritius)
- Exness accounts also licensed by FSC (Mauritius)
- HF Markets accounts also licensed by FSC (Mauritius)
- MultiBank Group accounts also licensed by FSC (Mauritius)