The Orbex Minimum Deposit is $200 for the starter account. The minimum deposit for the fixed account is $500. The minimum deposit for the Premium account is $5000 and the minimum deposit for the Ulitmate account is $25 000.
Orbex at a glance
| Broker's Name | Orbex |
| 📍 Headquartered | Orbex Holding LTD is based in Cyprus and Orbex Global LTD in Mauritius |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | CySEC, FSC |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $200 |
| 💳 Deposit Options | Credit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna |
| 💳 Withdrawal Options | Credit and debit cards, bank wires, Skrill, Neteller, WebMoney, Fasapay, K-Net and Klarna |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
| 📈 Tradable assets offered | Forex, Energies, Precious Metals, Cash Indices |
| 👨💼 Languages supported on Website | English, Spanish, Bengali, German, Polish, Italian, Arabic, Japanese, Vietnamese, Russian and more |
| 👥 Customer Support Languages | English, Spanish, Arabic, German, Japanese, Chinese, Russian, Greek, Polish, Other |
| 📆 Customer Service Hours | 24/5 |
Overall Rating Read Review OPEN AN ACCOUNT Min Deposit USD 200 Regulators CySEC, FSC Trading Platform MT4 Crypto No Total Pairs 50+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our Orbex Minimum Deposit below.
Orbex Minimum Deposit – 5 key points quick overview:
- ✔️Orbex Minimum Deposit
- ✔️Orbex Deposit fees and deposit methods
- ✔️Step by step guide to depositing the minimum amount
- Orbex Pros and Cons
- Frequently Asked Questions
Here is our overview of the Orbex Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Orbex Minimum Deposit
Orbex has a minimum deposit requirement of only $ 200.
This minimum deposit amount was equivalent to ZAR 2950 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
To open a Fixed Spread Account $500 is needed. A Premium Account can be opened with a deposit of $ 5 000 and an Ultimate Account with $ 25 000.
Orbex’ authorisation as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.
Orbex Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that Orbex requires when traders register a live account is fair.
Orbex offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.
Orbex accepts the following payment methods:
️Credit and debit cards
️Bank wires
️Skrill
️Neteller
️WebMoney
️Fasapay
️K-Net
️Klarna
Orbex does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours.
USD is accepted as Deposit currency.
Traders must ensure that they verify whether their financial institution charges its own fees.
Step by step guide to depositing the minimum amount
Traders can fund their accounts by sending the funds to one of the Orbex segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
Step 1 – Log in to your Orbex account
traders need to log in to their dashboard.
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Step 2 – Click on the “funds” tab and then the “deposit” tab
Once logged in to your dashboard locate the “funds” tab and right under click on the “deposit” tab.
Step 3 – Choose the deposit methods
Choose your preferred deposit method to deposit your funds.
Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.
Funds must be transferred in the same currency as the bank account which they are sending it to, to prevent currency conversion fees being charged.
Overall Rating Read Review OPEN AN ACCOUNT Min Deposit USD 200 Regulators CySEC, FSC Trading Platform MT4 Crypto No Total Pairs 50+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Orbex Pros and Cons
| ✔️ Pros | ❌ Cons |
| Access to Trading Central | “Storage” and inactivity fees charged |
| Demo and Islamic accounts can be opened | Extremely high fees |
| Good educational offerings for beginners | Offshore broker with offshore regulation |
| No withdrawal fees | Only MT4 platform |
| Several account options available |
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You might also like: Orbex Fees and Spreads
You might also like: Orbex Islamic Account Overview
Frequently Asked Questions
What is the minimum deposit for Orbex?
The minimum deposit for this broker is $200.
How do you make a deposit and withdraw money with Orbex?
Orbex offers the following deposit and withdrawal methods:
- Credit and debit cards
- Bank wires
- Skrill
- Neteller
- WebMoney
- Fasapay
- K-Net
- Klarna
The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.
Does Orbex charge withdrawal fees?
No. Orbex does not charge any withdrawal fees
How long does it take to make a withdrawal?
Withdrawals usually takes up to 24 hours except for credit or debit cards and wire transfers which may take 3 to 5 business days.,
4.6/5 - (19 votes)
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