Orbex Review 2020 – Is this broker trustworthy?
| General Information |
|
|---|---|
| Broker Name: | Orbex LIMITED |
| Broker Type: | Forex |
| Country: | Cyprus |
| Operating since year: | 2009 |
| International offices: | Jordan, Kuwait |
| Regulation: | •Banque de France, 73762 •CNMV (Spain), 2894 •CONSOB (Italy), 3148 •CySEC, 124/10 •FCA (UK), 553071 |
| Broker status: | Regulated |
| Customer Service | |
| Phone: | +357 25588855 |
| Email: | support@orbex.com |
| Languages: | English, Russian, Arabic, Spanish, Chinese, Japanese, German |
| Availability: | 24 Hours ( Monday – Friday ) |
| Trading | |
| Trading Platforms: | MetaTrader 4 trading platform, ORBEX MT4 WebTrader |
| Trading platform(s) timezone: | GMT+2 |
| Demo Account: | Yes |
| Mobile trading: | Yes |
| Web based trading: | Yes |
| Bonuses: | $100 with every friend that they successfully refer to ORBEX. |
| Other trading instruments: | Currency pairs, commodities, precious metals, and cash indices. |
| Account | |
| Minimum deposit ($) | $500 |
| Maximal leverage (1:?) | 1:500 |
| Spread | Fixed |
| Scalping allowed | Yes |
Review Contents:
- Introduction to Orbex Review;
- Trading Accounts at Orbex;
- Orbex Trading Conditions;
- Security of Funds, Regulations, and Licenses;
- Additional Information About Orbex;
- Orbex Review Conclusion.
Introduction to Orbex Review
Orbex (Orbex Global Limited) is an international forex and CFDs broker based in Cyprus. They were formerly known as AFBFx. Orbex has offices in Cyprus, Kuwait, and Jordan. Since they are an international broker they have several regulations and licenses, due to which we consider them to be a trustworthy company.
In this Orbex review, we will discuss the pros and cons that you should be aware of. Overall, we are satisfied with what Orbex has to offer, but we have come across brokers with much better deals. Make sure to read this full review to learn about Orbex. If you have had any experience with them, please share in the ratings below.
Trading Accounts at Orbex
Orbex, as many other brokers, allows traders to choose from several account types. The accounts are separated by the trading tools and needs of traders.
Classic Account
- Minimum Deposit: $500
- Deposit Currencies: USD, EUR, PLN, GBP
- Expert Advisors
- Fixed Spreads
- Free VPS Hosting
- Max Leverage: 1:500
- Negative Balance Protection
- Scalping: No
- Stop Out: 50%
- Swap Free
The classic account is simple and relatively low cost. The leverage is high and the spreads are fixed. At least they offer negative balance protection.
Copy Trading Account
- Minimum Deposit: $500
- Commission: $10 or more
- Stop Out: 50%
- Variable Spreads
- Max Leverage: 1:500
Copy trading account is designated for traders who like to copy others’ strategies. If you follow a trader of your choice, this account will copy their activity fully.
Standard Account
- Minimum Deposit: $500
- Deposit Currencies: USD, EUR, PLN, GBP
- Expert Advisors
- Free VPS Hosting
- Max Leverage: 1:500
- Negative Balance Protection
- Scalping: Yes
- Stop Out: 50%
- Swap Free
- No Commission
- Variable Spreads
The standard account is similar to the classic, though they offer variable spreads and no commissions. The rest is pretty much the same.
Premium Account
- Minimum Deposit: $5000
- Deposit Currencies: USD, EUR, PLN, GBP
- Expert Advisors
- Variable Spreads
- Free VPS Hosting
- Max Leverage: 1:500
- Negative Balance Protection
- Scalping: No
- Stop Out: 50%
- Swap Free
- No Commission
The premium account raises the stakes with the minimum deposit, though the spreads become variable and you receive access to many more tools available at Orbex.
VIP Account
- Minimum Deposit: $25,000
- Deposit Currencies: USD, EUR, PLN, GBP
- Expert Advisors
- Variable Spreads
- Free VPS Hosting
- Max Leverage: 1:500
- Negative Balance Protection
- Scalping: No
- Stop Out: 50%
- Swap Free
- No Commission
Opening an account with Orbex is a basic process as at any other broker. They will ask you to send in proof of identification after filling out the registration form. Once you get verified you may start trading.
You can also try the demo account before you deposit real money at Orbex.
Orbex offers four different types of assets for trade: forex, commodities, precious metals, and indices. Financial instruments are suitable for all investors. The spreads change with the trading tools, so make sure to look at their list before you decide to commit to the broker. Overall, the elements are quite basic with nothing new to offer.
Trading Conditions at Orbex
Orbex offers high leverage which is both a good and a bad thing at the same time. This means that you have a chance to up your profits or to risk everything at a higher percentage. But many accounts have no commission fees, which is quite useful as well. Orbex also offers the option of connecting with the FSTat Tradebook, which will give you a chance to copy the trades of more experienced traders.
Another feature available at Orbex is TradeLab. This is a system where you have a chance to see different ideas posted by traders or to post your own. Trading Central is also an option to seek detailed analysis reports on different trading instruments, which will cover different time frames and strategies. Additionally, Orbex Strategizer enables you to create and edit your own Expert Advisors and run them on MT4, with no coding knowledge required.
The spreads offered by Orbex are as follows:
- Classic account – fixed, 1.9 pips
- Standard account – 1.5 pips
- Premium account – 1.2 pips
- VIP account – 0.8 pips
Obviously, the higher level you go the better the conditions and spreads are. The more you invest the more you receive in return, tools-wise. But, the same does not always apply to trades.
Trading Platform
As a trader, you will be doing your investments on the MT4 platform. This platform is known for the advanced charting tools which support multiple time frames. Here are more advantages of trading with the MT4 platform:
- ECN trading
- Education in MT4 trading
- Automated trading
- Trailing stop
- Easy interface
- Secure trading environment
- Access to EAs
Orbex gives you an option to trade on the web, desktop, and mobile. This is a great option for traders who wish to invest on the go. Not everyone has the comfort of doing it from home. So, having the ability to take your platform with you raises your chances of better and more successful trading.
Security of Funds, Regulations, and Licenses
Orbex made sure to implement the highest security available on their servers. For example, they use SSL-encryption to store all client information. The accounts are also segregated from the company, so the funds will never get misused. Fund security is quite strong at Orbex, which we find to be a big plus.
Orbex also offers trading protection through a compensation fund. So, the clients are protected for up to $20,000 if the company becomes insolvent.
Orbex is regulated by CySEC under the license number 124/10. They are in compliance with the MiFID regulations and are a part of the Investor Compensation Scheme. Orbex is also regulated by the FCA, UK’s tough regulator who offers protection of funds and companies.
Additionally, Orbex is covered by the BaFin in Germany. We are happy to see so many licenses and regulations for the broker. Though keep in mind that brokers often break the rules and scam their clients regardless of their regulations. Orbex has not been a part of such news in all of their history, so we assume they are compliant and safe.
Overall, the reliability of Orbex seems to be quite high. They have managed to receive numerous awards over years of their practice. This might not be the indicator you are looking for, but it is still a good detail to know.
Additional Information About Orbex
Orbex has a simple, user-friendly website. Though, we noticed some bugs while going through it. Several tabs would not open unless clicked several times, the windows would show up blank, and the text was messed up at some point. Orbex needs to look into their web development to fix these issues.
Of course, these are not a big deal but still do not leave a good impression in the end.
Moreover, the website is available in multiple languages such as English, Arab, Spanish, Bengali, Japanese, Chinese, Russian, German, Italian, and more. Orbex is aiming for a worldwide user base and they are doing a splendid job including so many languages on their website.
Customer Support
Orbex offers 24/7 customer support. You can get in touch with them via live chat, phone numbers, or email. They provide help in several languages and list numbers for different departments. It is reassuring to see Orbex put out clear directions to issue solving.
Overall, we are very satisfied with their customer service and consider this to be an important aspect of a broker. Of course, in this day and age, most of the brokers offered various ways to get in touch with them. But, Orbex managed to make it much easier for users to find the exact number they are looking for.
Deposit and Withdrawal
Payment options at Orbex are also quite inclusive and vast, They offer the following options for deposit and withdrawals.
- Bank wire
- Debit/credit cards
- FasaPay
- K-NET
- MoneyBooker
- Neteller
- WebMoney
- ZotaPay
Some deposit options might not be available for withdrawal. The processing time varies with the transaction method, though usually, it is instant.
Orbex Review Conclusion — Regulated but Limiting
Orbex seems like a reliable and trustworthy broker at first glance. So far, there has been no news regarding Orbex scamming any clients or taking advantage of funds. The reliability is quite good and we consider this to be a safe broker overall.
There are obvious disadvantages such as the minimum deposits for professional trading accounts being high. But that should not be an issue for traders who wish to invest seriously. Keep in mind the offered leverage is also high, which is a double edged sword. It could either make your profits much higher or make your losses worse than expected.
The spreads are below average in the industry, but for the VIP account, it is not too bad. Still, many brokers nowadays offer 0 pips for VIP accounts.
In the end, it is completely up to the user to decide whether the broker fits their needs. In this Orbex review, we did our best to provide you with all the information you might need to know about the broker. We do consider them to be quite good, but other brokers have many more advantages and features to offer.
We hope that you enjoyed this Orbex review. Make sure to check out our other reviews!
Orbex Review
Name: Orbex
Description: Orbex is an international Forex and CFDs broker based in Cypros. Since they are an international broker, they have several regulations and licenses. Orbex made sure to implement the highest security available on their servers. They are in compliance with the MiFID regulations and are a part of the Investor Compensation Scheme.
Overall
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Support
(4)
-
Platform
(5)
-
Spread
(4.5)
-
Trading Instrument
(3.5)
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Do not deal
Do not deal with them, do not trust them with your hard-earned money. You will end up losing all.
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Not recommended
Bad customer service and worst trading platform I have ever used. Not recommended.
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Poor broker service
Poor broker services. Do not deal with them.
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Not satisfied
I often encounter system issues almost every day or every time I place trades but can’t get through their customer service. Not satisfied!
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Poor trading advice
Poor trading advice. I followed their trading instructions but got more losses than profits. I will not trade with them again.
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Unreliable
Unreliable people, unreliable signals, and unreliable services. Do not trade with this broker.
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This broker is extracting money from people
Seems like this company is just extracting money. I have opened an account and I was asked to add more which I did but I noticed they keep on asking for me to deposit more but I keep on losing.
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Consecutive losses
Unreliable trading signals really. I observed consecutive losses.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Scam company
Scam company. They took all my money.
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Slow withdrawals
They have the slowest process when it comes to withdrawals. been with several brokers have switched because of slow withdrawals. I thought it was going to be faster with this broker but no it is even worst than I can imagine.
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Bad people
Bad people. I am seeking help from the authorities to get my money back.
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Bad customer service
Bad customer service. They are very unresponsive and a bit rude at times.
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Poor forex broker
This causes miseries and problems. I have lost thousands of dollars because of them.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but did not bother to explain what happens to my trades.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Slow customer service
Slow customer service.They are not good at all.
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Broker signals are not accurate
I am not so happy about the broker signals sometimes they are not accurate and timely. But customer service is good.
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Bad people
Bad people. I am seeking help from authorities to get my money back.
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Slow withdrawals
Very slow and difficult withdrawal process. I do not recommend trading with this broker.
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Unable to withdraw
I had issues withdrawing money. Be careful not to choose this broker. A lot of trouble withdrawing money.
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Scam company
Scam company. They took all my money.
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Stay away
Stay away from their trading schemes. Not good at all.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Poor customer support
Support don’t even understand my queries and they never attend to my concerns. Poor customer support.
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Slow customer service
Slow customer service. They are not good at all.
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Pure gambling
Pure gambling. No one wins here.
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Scam-broker
Stay away from them. They are scam-broker.
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Harassing broker
Harassing forex brokers. They keep on calling, very disturbing. I ask them to put me off the list but the next day will ring several times again.
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Poor trading services
Poor trading services, unreliable signals, and slow withdrawals. These are my observations when I traded with them for a few weeks last year.
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Scam company
Scam company. They took all my money.
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Scam company
Scam company. They took all my money.
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Slow withdrawals
They have the slowest process when it comes to withdrawals. been with several brokers have switched because of slow withdrawals. I thought it was going to be faster with this broker but no it is even worst than I can imagine.
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Difficult withdrawals
Slow and difficult withdrawals. As if they don’t want to pay a profit.
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Horrible
This broker company is very horrible. don’t trade with them.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Bad company
Bad trading company. They gave me hard time on withdrawals.
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Worst services
The worst trading services I have ever seen. I will never recommend them.
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Scam company
Scam company. They took all my money.
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Pure gambling
Pure gambling. No one wins here.
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Unreliable signals
Not a good trading broker. Signals are very unreliable.
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Worst broker
One of the worst trading brokers I have dealt with. They can’t even give me good numbers.
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Stay away
Stay away from these people. They do not pay profit properly.
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Inaccurate signals
Will never trade with them again. Signals aren’t accurate and not profitable as well.
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Worst broker
Worst trading broker I have ever dealt with. Avoid dealing with them.
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Stay away from them
Stay away from their offers. They are fake brokers.
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Unreliable
Unreliable people, unreliable signals, and unreliable services. Do not trade with this broker.
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Stay away from them
Stay away from their offers. They are fake brokers.
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Bad brokers
I am posting this review to help save others. This is a bad broker, they will rip you off.
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Worst
Worst. Not an ideal forex broker.
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Withdrawal issues
I always encounter withdrawal issues. Pissed off with the runarounds, too.
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Worst signals
Worst trading signals I have ever tried. I did not gain anything.
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Consecutive losses
Unreliable trading signals really. I observed consecutive losses.
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Bad broker
Bad broker. They are unprofessional and very arrogant.
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Stay away from them
Stay away from their offers. They are fake brokers.
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Not legit
Not a legit trading broker. Do not invest money here.
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Broker signals are not accurate
I am not so happy about the broker signals sometimes they are not accurate and timely. But customer service is good.
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Slow customer service
Slow customer service. They are not good at all.
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Ridiculous withdrawal process
Ridiculous withdrawal process. It took them a few weeks just to process and approve my withdrawal request.
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Unresponsive
Unresponsive customer service. They take concerns for granted.
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Worst trading company
I have encountered the worst trading company. I lose all my money here.
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Bad people
Bad people. I am seeking help from authorities to get my money back.
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Bad broker company
I regret investing money with this broker company. I was not able to withdraw money.
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Worst trading platform
Worst trading platform. I encounter technical issues most of the time and they are very unhelpful.
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Slow responses
Slow responses to inquiries. Trading with them is not profitable and services aren’t that good.
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Stupid broker
Don’t use this stupid broker. I have lost huge money.
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Unable to withdraw
I am unable to withdraw and their customer service become unresponsive.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Poor company
Poor trading company. Avoid them
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Pure gambling
Pure gambling. No one wins here.
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Poor customer support
Support don’t even understand my queries and they never attend to my concerns. Poor customer support.
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Poor broker
Not profitable to trade with. Poor broker performance.
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Poor trading company
Poor trading company for online trading. Signals are unreliable.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Unable to withdraw
I am unable to withdraw and their customer service become unresponsive.
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Beware
I have lost all my hard-earned money on their trading scam. Beware.
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Do not approve withdrawals
It is not a good idea to invest money here. They will never approve withdrawal requests.
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Slow withdrawals
They have the slowest process when it comes to withdrawals. been with several brokers have switched because of slow withdrawals. I thought it was going to be faster with this broker but no it is even worst than I can imagine.
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Slow withdrawals
Very slow and difficult withdrawal process. I do not recommend trading with this broker.
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Do not approve withdrawal
So disgusting with this broker service. They do not approve withdrawals.
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Slow withdrawals
Slow customer service and slow withdrawals. The rest of the services are fine except for these.
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Stay away from them
Stay away from their offers. They are fake brokers.
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Scam offers
Keep yourself safe from their scam offers. I have lose so much on this.
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Too good to be true
Too good to be true. Do not trust them with your hard-earned money.
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Poor broker
Not profitable to trade with. Poor broker performance.
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Not satisfied
I often encounter system issues almost every day or every time I place trades but can’t get through their customer service. Not satisfied!
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Poor trading advise
Poor trading advise. I followed their trading instructions but got more losses than profit. I will not trade with them again.
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Poor trading services
Not a wise decision to trade with this broker. The instruments are very expensive and the services are not good at all.
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This broker is extracting money from people
Seems like this company is just extracting money. I have opened an account and I was asked to add more which I did but I noticed they keep on asking for me to deposit more but I keep on losing.
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Poor services
Poor services especially withdrawals. They keep sending my documents back and they decline my withdrawal request several times.
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Hassled withdrawals
Avoid dealing with them. There are so much hassle on withdrawals.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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Inefficient tools and services
Annoying trading tools and services, very inefficient.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Scam-broker
Scam-broker. They call around the world to collect money from people.
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Inefficient tools and services
Annoying trading tools and services, very inefficient.
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Worst broker
I’ve got the worst losses here. Had consecutive losses and I really lose huge money. Poor broker performance.
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Poor trading results
Good customer service but poor trading results. I chose to close my account instead. Anyway, I am a profit which they can’t give.
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Bad customer service
Bad customer service. They are not accommodating and prefer to ignore trading concerns.
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Do not invest
Do not invest money here. You will never get any returns.
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Slow customer service
Slow customer service. They do not attend to trading needs promptly, causing too many losses.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Difficult withdrawal process
Tons of impossible paperwork is required. As if it is a simple way of saying they do not allow withdrawals.
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Pure gambling
Pure gambling. No one wins here.
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Fake brokers
They are unregulated and have fake company information.
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Worst withdrawal process
I was ask to provide so many documents but end up not getting my profit. My withdrawal request has been rejected.
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Awful broker
Awful broker services. I am not getting anything good from this.
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Constant price increase
I stopped trading with them a few months ago beacause I notice some constant price increase.They will give competitive price at first but will surely keep increasing th eprice eventually.
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Poor services
Avoid trading with them. Poor broker services.
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Expensive trading options
Limited trading options and price is really very expensive. Services are fair but not really a good broker to deal with.
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Avoid them
The worst broker company I have ever seen. Avoid dealing with them.
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Very aggressive
Uncomfortable sharing details with. They are very aggressive and sound like scammers.
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Fake broker
Fake and unregulated broker. Stay away from them.
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Scammers
Stay away from them. They have scammed so many people.
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Poor customer service
Annoying customer service. They seem to be clueless about their job.
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Slow withdrawals
The withdrawal process takes forever. I am so annoyed that it took them a few weeks to process a simple withdrawal.
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Deny withdrawal request
They keep on denying my withdrawal request. I’m afraid I am not gonna be able to get my money with them.
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Bad offers
Stay safe from scammers. Avoid such offers.
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Fraud
Please don’t invest with this company, they are fraud.
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Poor customer service
Poor customer service. They seem clueless about their job.
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Poor trading services
Poor trading services. I do not recommend this broker service.
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Withdrawal issues
I always encounter withdrawal issues. Pissed off with the runarounds, too.
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Not recommended
I do not recommend this broker service. I have observed while trading with them that there is a constant price increase and that withdrawal is very slow.
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Poor customer service
Poor customer service. They never attend to trading concerns.
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Poor company
Poor broker company. Not a good idea to trade with them.
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Terrible broker
Terrible broker, they are using their company to scam people.
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Terrible experience
I had a really terrible experience with this broker. I have lost all my money.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Poor trading services
Not a wise decision to trade with this broker. The instruments are very expensive and the services are not good at all.
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Bad broker
Not a good broker to deal with. Signals are unreliable and customer service is rude.
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Worst trading company
The worst trading company I have dealt with. Poor signals and services.
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Poor trading deals
Poor trading terms and deals. Just a waste of money and time.
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Low profit
Not enough profit. I wasted so much time to earn only a few dollars. Services are okay but profit ain’t worth my time.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Poor trading results
Good customer service but poor trading results. I chose to close my account instead. Anyway, I am after profit which they can’t give.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Expensive trading options
Limited trading options and price is really very expensive. Services are fair but not really a good broker to deal with.
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Rude customer service
Poor customer service. They are very rude to me.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Cheaters
I am 100 percent sure that I did not violate any policy however they came up with some violations thereby freezing my account. I am unable to withdraw profit, can not even log in to my account. Stay away from these cheaters.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Bad services
Bad broker services. They process deposit swiftly but they do not let anyone withdraw money.
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Annoying call queue
Annoying long queues on their customer service hotline. I always had a hard time calling them.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Stay away
Stay away from these people. They do not pay profit properly.
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Worst experience
Worst trading experience. I am not trading with them again.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Bad company
Bad broker company. Do not trust them.
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Unreliable
Unreliable services. Do not deal with them.
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Inaccurate signals
Useless trading signals. Most of the time is accurate.
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Worst withdrawal process
I was asked to provide so many documents but end up not getting my profit. My withdrawal request has been rejected.
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Poor trading experience
Poor trading experience. I have huge losses and I experience really very slow withdrawal process.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Slow withdrawals
I do not recommend trading with this broker. Withdrawal is slow and signals are not profitable.
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Poor services
Avoid trading with them. Poor broker services.
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Poor broker service
Poor services for forex brokerage. They are not trained to understand market forecasts.
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Worst trading experience
I had the worst trading experience with this broker company. SIgnals are unreliable and so are the services.
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Bad trading company
I did not gain anything. Will never trade with them again.
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Unhappy experience
I am very unhappy with my experience. I was told to put $100 but I can not trade with just this $100. They force me to add more money, I said I no longer have money. They took my $100 and I can no longer contact them.
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Bad broker
Bad bad brokers don’t work with them. They took all my money into the bank account.
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No good
The worst trading platform and signals. I quit using their services, no good.
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Fake trading
Fake trading charts and manipulated software. Do not deal with these people.
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Slow withdrawals
Slow withdrawals. I never had any problem with any other services aside from the slow withdrawal process. It took them weeks to process even a simple withdrawal.
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Worst experience
Worst experience of my life. I’ve lost a fortune on this.
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Worst customer service
Worst customer service. They don’t even know how to emphasize. Verification of documents took weeks to finish and they can’t even explain why.
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Not a good broker
I honestly don’t know what to expect in my succeeding weeks. My first week is very disappointing. Do not deal with them. They are not a good forex broker.
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Poor trading services
Poor trading services, unreliable signals, and slow withdrawals. These are my observations when I traded with them for a few weeks last year.
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Rude brokers
Avoid dealing with this broker service. They do not pay profit and they are very rude.
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All losses
Do not deal with this broker, there ain’t really winning trades. They will always let the client lose as if they are earning from losses.
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Poor trading advice
Poor trading advice. I followed their trading instructions but got more losses than profit. I will not trade with them again.
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Faulty trading platform
Faulty trading platform, I always encounter a technical problem. They always ask me to reload but I keep getting the same error.
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Harassing broker
Harassing forex brokers. They keep on calling, very disturbing. I ask them to put me off the list but the next day will ring several times again.
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Worst broker signals
They provide the worst broker signals I ever had. Always leading to losing trades. Do not use their services, not an ideal forex broker.
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Sarcastic customer service
Customer service is disrespectful, very sarcastic. Not a good broker service.
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Annoying services
Annoying trading services, especially withdrawals. Aside from so many documents to provide waiting is never-ending.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Fake broker
I began to become skeptical when I had 5 consecutive losses. Fake broker.
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Slow withdrawals
No good reason to keep this broker service, withdrawals are really very slow.
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Worst customer service
They have the worst customer service. They can not resolve trading concerns and can not even communicate well.
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Worst services
Worst trading services. Avoid trading with this broker.
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Do not invest here
Do not invest money here. It is not worth it.
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Crazy bonuses
Crazy bonuses. Although the bonus is true, it’s really huge. Whatever you will earn out of it is purely virtual and can not be withdrawn. The actual trading performance of the broker is poor.
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Slow withdrawals
The slow process of withdrawals has so many requirements and terms to complete. And what’s really worst about their withdrawals is the great delay on banking credits. It took them few weeks I even thought the money was lost.
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Expensive
Very expensive to trade with. There are so many trading fees and charges comparing to profit.
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Worst customer service
The worst customer service I have ever talked to. They can not communicate well, poor English.
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Worst
It one of the worst I have ever dealt with. Signals aren’t even profitable and the withdrawal process is really worst.
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Worst services
Worst and unreliable broker services. I cannot depend on them being my forex broker.
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Drastic price increase
I do not have complaints about transactions all are smoothly processed. What I do not like about this broker service is that prices keep on increasing so fast.
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Worst
Worst customer service and trading platform. I always encounter system problems and customer service is not helping me at all.
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Slow withdrawals
Slow withdrawals. I never wish to trade with this broker ever again. They will give you so much trouble with withdrawals.
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Slow customer service
Slow customer service. Even if you have to call them, they will not attend to trading needs right away.
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Difficult to withdraw
Withdrawal is really hopeless to improve. I am still waiting for my money for a few weeks now. Slow withdrawal and poor services. Do not deal with them.
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Poor performance
Poor trading performance. They are always giving inaccurate signals.
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Beware with this broker
Beware, this is an unregulated broker service. It is unsafe to trade with them.
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Slow withdrawals
Avoid dealing with this. Slow withdrawals.
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Not so good
I am happy with how their customer service has assisted and treated me all throughout the time that I am trading with them. However, as for my overall experience, it is not so good.
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Not recommended
I wouldn’t recommend this broker to anyone. Unsafe to trade with them, unreliable signals and platforms, and frustrating withdrawals are among the reason why I closed my account with them.
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Not a good forex platform
The platform is very confusing and always lags. Every time I place trades, surely need customer service to help me fix the issue, and it’s really very inconvenient.
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Bad company
Bad company. I do not recommend trading with them.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Worst withdrawal process
I was asked to provide so many documents but end up not getting my profit. My withdrawal request has been rejected.
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Confusing software
Very confusing trading software. I am so much overwhelmed with the user interface.
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Poor trading results
Poor trading results. I have lost so much money on this.
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Worst broker
I have tried several brokers and this one is one of the worst. I had trouble requesting withdrawals.
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Worst trading experience
I had the worst trading experience with this broker company. Signals are unreliable and so are the services.
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Poor services
Poor services. I did not get good returns, signals are poor.
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Slow withdrawals
Slow withdrawals. There are so many trading problems including withdrawal issues.
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Poor trading signals
Good customer service however the worst signal I have ever used. Do not trade with them.
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Bad customer service
Bad customer service. They hang up the phone, it happens to me several times.
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Slow withdrawals
Slow withdrawals and poor customer services. I have traded for a month and I am not happy with the results.
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Lost money
On my first, all seems fine not until my second month. All results are messed up and I have lost so much money.
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Beware
Beware. They are unregulated.
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Inefficient
Services and signals are poor. This broker company is very inefficient.
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Poor signals
Poor signals. Not profitable.
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Difficult withdrawals
Difficult withdrawal process. There are so many required documents needed. it is almost impossible to withdraw money here.
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Bad broker
Not a good broker to deal with. Signals are unreliable and customer service is rude.
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Poor trading services
Not a wise decision to trade with this broker. The instruments are very expensive and the services are not good at all.
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Not ideal
Unreliable trading services. Not ideal
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Worst signals
It is the worst trading signal I have ever used. It brings consecutive losses.
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Poor services
Worst broker of all time. The signals cause nothing but losses and services are poor.
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Lose my money here
I had the most devastating experience with this broker. I lose all money here.
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Slow withdrawals
Slow withdrawals. I was asked to wait but it’s crazy, it took them weeks.
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Withdrawal issues
I always encounter withdrawal issues. Pissed off with the runarounds, too.
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Slow withdrawals
I do not recommend trading with this broker. Withdrawal is slow and signals are not profitable.
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Worst customer service
The worst customer service. Disrespectful and unhelpful.
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Do not deal
Do not deal with this broker. Nothing too interesting about them.
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Terrible experience
I had a really terrible experience with this broker. I have lost all my money.
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Poor customer service
Poor customer service. I never recall any single moment that they were able to help me.
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Poor trading experience
Poor trading experience. I have huge losses and I experience a really very slow withdrawal process.
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Slow withdrawals
Unwanted trading services. Withdrawal is very slow.
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Slow withdrawals
Slow and difficult withdrawal process. Not a good broker for online trading.
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Extremely worst
Extremely worst. Do not dare to put your money here.
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Cheaters
I am 100 percent sure that I did not violate any policy however they came up with som violation thereby freezing my account. I am unable to withdraw profit, can not even log in to my account. Stay away from these cheaters.
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Bad company
Not a good company to deal with. I got nothing but losses.
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Unhelpful customer service
Customer service is unhelpful and always unavailable. I always had trouble with the services.
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Delayed withdrawals
There is a great delay in withdrawals. It always takes them weeks to process even a simple withdrawal.
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Can anyone help me with their withdrawal process please?
Anyone had successful bank wire withdrawal from them like $200k plus? even though it is late?
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Can anyone help me with their withdrawal process please?
Did anyone here had successful withdrawal from them like $200k plus? (even though if it is late) I am trying to withdraw my profit.
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Slow withdrawals
Slow customer service and slow withdrawals. The rest of the services are fine except for these.
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Poor broker services
Poor broker service. I a not happy with my month-long experience with this broker
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Disrespectful customer service
Disrespectful customer service. Every time I talk to them, they always sound either unhelpful or rude.
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Harassing broker
Harassing forex brokers. They keep on calling, very disturbing. I ask them to put me off the list but the next day will ring several times again.
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Avoid this broker
Avoid this broker by all means. They do not pay off profit and are very rude.
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Avoid this broker
Avoid dealing with this broker. I traded with them, have earned very minimal profit but pays off huge transaction charges.
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Expensive
Very expensive to trade with. There are so many trading fees and charges comparing to profit.
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Bad services
Bad broker services. They process deposit swiftly but they do not ley anyone withdraw money.
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Worst services
Worst services, do not deal with this broker. They are always unavailable to assist, I end up trading on my own.
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Unreliable
Unreliable people, unreliable signals, and unreliable services. Do not trade with this broker.
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Poor services
Poor services and slow withdrawals. I will never recommend this broker to anyone.
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Bad customer service
Bad customer service. They are unavailable most of the time and if you happen to get one, they’re rude and unhelpful.
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Bad brokers
Bad brokers. They are always calling without any permission and they always force me to put more money.
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Not recommended
Stay away from this broker service, they will never give you any profit. Not recommended.
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Poor trading results
Good customer service but poor trading results. I chose to close my account instead. Anyway, I am after a profit which they can’t give.
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Not a good broker
Not a good broker to deal with, people are rude and unhelpful. Also, services are not good.
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Poor broker service
Poor services, poor market analysis, and slow withdrawals. Indeed, no reason to keep the services.
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Blocks withdrawals
Do not deal with this broker service, I am unable to withdraw anything. They will always block the withdrawal requests.
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Difficult to withdraw
I do not recommend Orbix to anyone. I am unable to withdraw money. Easy deposit but difficult to withdraw.
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Delayed responses
Delayed responses from customer service. Their unresponsiveness greatly affects my trading results.
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Do not deal with this broker
I don’t normally leave a review on any services however I have to so I can warn all people and save them from losing their hard-earned money. Do not deal with this broker, they will block all withdrawal request.
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Poor broker service
Confusing trading platform. I am always having a hard time understanding their platform and worst I also had a hard time understanding customer service. They can’t communicate well.
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Rude and unprofessional
Customer service is always rude and unprofessional. This has been my consistent observation about their customer service.
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Slow withdrawals
I have used this broker service in the past. Some services are okay except for withdrawal which is really worst. Aside from the runaround, it is very slow.
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Expensive
I am glad that scalping is allowed on most of their trading account however I am very frustrated with the drastic price increase. Very expensive to trade with, you will have so many charges.
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Stay away from them
They will steal the client’s money with the argument of penalty for violation and will cancel any money earned as well. Stay away from them.
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Terrible withdrawal process
Terrible withdrawal process. I am not trading with them again. I had so much trouble requesting withdrawals. I felt like going around the circles without getting my money.
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Does not allow withdrawals
This broker does not allow withdrawal, they won’t admit it of course but I notice it because they are making the withdrawal process very complicated that I cant almost withdraw.
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Worst broker
Worst forex broker. I notice one thing as I trade along, they always block withdrawal request. Do not deal with them.
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Poor broker performance
This broker is not so ideal for forex trading. They may be good in some ways but not in terms of forex trading. The overall performance is not good.
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Poor customer service
I am not pleased with customer service. They do not pay much attention to client concerns.
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Slow withdrawals
I wonder if this happens across all brokers and all traders. It is taking almost 2 weeks and I still did not recieve my money from this broker. Very slow withdrawals.
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Bad brokers
I had a very depressing experience from this broker. I traded with them and see real good profit but due to system glitches, I can’t close my position. I have tried contacting them but I can’t connect. The moment I get to talk to customer care I notice that all my profits are gone, market standing suddenly changed.
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Not recommended
I won’t recommend this broker. Lets you think you win but take all your money. Don’t fall for these guys.
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Poor broker service
It is not advisable to trade with this broker, signals are very poor, trading options are expensive and customer service is very rude.
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Difficult to withdraw
It is very difficult to withdraw money with this broker. They will also charge you of so many violations to block withdrawals.
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Bad forex broker
Very annoying and disturbing phone calls. They are fond of making unsolicited calls asking for more money.
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Unprofessional
They are very unprofessional. They sounded rude and harassing. Do not deal with them.
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Bad forex company
A very bad company for forex trading. Poor trading signals and withdrawal is really very slow.
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Bad brokers
Been trying to get hold of their customer service for more than a week now due to a withdrawal request I requested. I noticed that I am losing my money so I decided to just stop trading with them and withdraw the remaining funds on my account but it seems hopeless.
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Can't withdraw money
I requested for total closure of my account and so I have withdrawn my remaining money. They said it has been processed. it’s been 2 weeks now and I still don’t have my money. Worst I can’t log in to my account anymore and I can’t get through customer service.
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Delayed execution
Delayed execution. I notice it several times and so placing trades with them is never timely. I switch broker a month ago.
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Beware with this broker
Not only that they’ll try to convince you to put more and more and more, but also they will never give you a chance to withdraw. Beware with this broker.
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Beware of this broker
Beware of these forex brokers, they will push and convince you so hard to invest more money but eventually won’t let you withdraw.
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Incompetent
Incompetent brokers. Signals are the worst I ever had. I lost huge money.
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Bad brokers
Bad broker, worst customer service and slow withdrawal process. Rubbish!
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Got so many losses
I’ve got nothing losses when I used this broker service. Choose your broker carefully.
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Slow withdrawal process
Very slow withdrawal process and poor customer service. I will not use them again.
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Stay away from them
“I complain about a loss and the broker was so rude, even though it was kind of his fault and mistake. Stay away!”
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Poor broker
Poor broker dispositions. The strategies aren’t even effective. Not a good broker.
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Worst customer service
Worst customer service, they can’t even communicate well.
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Slow withdrawal
Slow withdrawals. Do not dare to deal with them. Find other brokers worth trading with.
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Unprofessional
Not a good broker to transact with. They are not professional at all.
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Not satisfied
They do not process profit payouts. I am not satisfied with the services.
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They block withdrawals
They always find reasons to expel anyone who has a good profit and find ridiculous excuses to block withdrawals.
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Inefficient customer service
Inefficient customer service. I needed help and contacted them for so many times but nothing happens.
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Expensive to trade with
It is good that there are so many trading instruments to choose from and customer service is friendly. But it is very expensive to trade with them.
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So many fees
There are so many fees like storage fees, non-activity and some transaction fees which are really very frustrating.
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Outdated platform
Old and outdated trading platform. I always encounter system glitches and errors. Very frustrating trading platform experience.
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Complicated platform
Very inconvenient trading platform. I have used it and find it very complicated.
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Delayed withdrawals
Good customer service, they are prompt in helping me. But they can’t resolve issues on delayed withdrawals.
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So many charges
Not a good broker. They have so many charges, I was charged for non-activity.
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Difficult withdrawals
I am a bit frustrated with their withdrawal process which is very difficult and lengthy. The rest of the services are okay.
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Fees increases
Fees and charges increase every time and signals are not accurate. These are my observations.
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Worst platform
Worst trading platform I have ever used. There are so many technical problems I encounter along the way as I trade with them.
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Bad brokers
They’ve got so many gray areas in their trading terms. As if it is a scheme to block withdrawals.
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Not happy with my profits
Good trading platform, as well as services, are fine. I am not so happy with my profits though.
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Trouble requesting for withdrawals
I experience so much trouble requesting for withdrawal. They keep on asking me to replace the documents.
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Expensive
Very expensive to trade with this broker service. Their pricing is typically higher than most of the brokers I have dealt with.
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Average broker
This is just an average broker in terms of performance. Nothing is really special.
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Rude and unhelpful
Bad company. People are rude and unhelpful, they are just after your hard-earned cash. Stay away.
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Impressed with customer service
So far very impressed with customer service behavior. I am just unhappy with the profits I am getting.
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No good experience with this broker
I never recall any single good experience with this broker service. Customer service is rude and withdrawals are very slow.
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Slow customer service
Fair broker signals but customer service are very slow. They are even hard to contact most of the time.
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Poor trading signals
Poor trading signals. I have lost a huge amount due to the wrong market assessment. Not a good broker to trade with.
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Not confident with this broker
I am not confident trading with this broker, signals are very unreliable. Customer service is nice though.
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Fake promises
They promise huge profits and showed possibilities. But on the actual trading, it is the other way around, I got so many losses. They are taking advantage of people’s ignorance about forex.
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Worst trading platform
Worst trading platform. I traded with them and losses some opportunity because of technical issues that even thier technical support can’t resolve.
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Slow customer service
They are very slow in providing resolutions to trading concerns. There are urgent matters that they cant resolve right away which affects trades.
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Rude customer service
Rude customer service. This broker service could have been okay if not because of the customer service who are unhelpful and very sarcastic.
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Not so profitable to trade with them
This broker service is legit however I quit trading with them because it is not so profitable.
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Trading platform is not good
Brokers and customer service are both patient and friendly. The only thing that is not good about this broker service is the trading platform, it always lags affecting trades.
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Known scammers
“Known scammers” that is what I always read on their reviews online. I wish I was able to read it prior to joining them, it could have saved me from losing all my money. I am helpless, but I can’t get a refund in any way.
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I never see potential earning with this broker
The minimum deposit is so expensive. I have traded with this broker, I never see potential earnings, signals aren’t good.
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Poor broker services
I wouldn’t recommend this broker at all. Poor customer service and unreliable broker signals.
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Please avoid dealing with this broker
Please avoid this forex broker. I did request for withdrawal, it was approved but was never credited to my bank account. When I made a follow they insist that it has been processed but I received nothing.
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Aggressive and harassing
Been harass by these brokers, forcing me for redeposit instead of educating me all about forex and how I could earn a profit. I do not have trading experience but I become suspicious of their aggressive calls.
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Poor signals
I regret choosing this broker. Its as if they do not have enough knowledge and skills in market analysis. Signals are very poor, I am losing my money so I decided to just stop and withdraw what’s left.
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Not satisfied with this broker services
I often encounter system issues almost every day or every time I place trades but can’t get through their customer service. Not satisfied!
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Very poor signals
Not a good broker. I lost all my money in my trading account. Brokers do not have good marketing analysis and signals are very poor.
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They have one of the best systems I ever had in trading.
Broker signals are good, however they need to have more customer service because it took me more minutes to wait on the line whenever I am calling their customer service hotline.
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For me, a broker should not entirely help you to earn a lot of profit but should also help to develop your skills as a trader. This is what I realized upon joining this broker. You know it already. Big thanks!!
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