Best Arabic ForEx Broker
Best ForEx Arabic Broker, Best ForEx Arabic Platform, Best ForEx Forecast & Strategy Provider, Best Retail ForEx Provider…just some among many awards standing next to Orbex name. They have been on market for more than 7 years and have proven their professionalism and business ethics many times during these years.
Top Level Customer Support
Orbex offers highly professional 24/5 multilingual customer support available by email, chat or phone call. I have personally tested their claim that they will respond to all customer’s queries within one hour. It took my account manager 6 minutes to call me back after sending her empty email with “please call me back” subject line.
Highly Regulated ForEx Broker
Orbex is authorized to trade internationally, specializing in CFD online trading on currencies, commodities, futures and indices. They are fully licensed and regulated Cyprus Investment Firm (CIF) supervised by the Cyprus Securities and Exchange Commission (CySEC).
The company applies all EU regulations and governing laws in an officially regulated environment. Click the picture for more info on Orbex regulation.
Best ForEx Broker Awards in Saudi Arabia
There are many awards won on numerous occasions by Orbex Limited but they are most proud of three, won at Saudi Money Expo
- Best Analysis Provider 2016 – Orbex was honoured with the title the ‘Best Analysis Provider 2016’ at the 9th Saudi Money Expo, a leading financial event of the Middle East. Expo took place on the 22nd – 23rd of April 2016 at Crowne Plaza, Jeddah, Saudi Arabia.
- Best Arabic FX Provider – As the leading international brokerage and financial services provider, Orbex received the Best Arabic FX Provider award at the 2nd Saudi Money Expo & Conference in Sultan Hall, Intercontinental Hotel in Jeddah, Kingdom of Saudi Arabia.
- Best FX Technology Provider – awarded the Best FX Technology Provider at the 4th Saudi Money Exhibition and Conference in Riyadh, Kingdom of Saudi Arabia.
These awards have certain weight as Over 35% of Middle East ForEx retail traders are living in Saudi Arabia and invest an average of 35.000 USD in ForEx trading over the course of their trading experience.
Other reputable awards won by Orbex
Best ForEx Arabic Platform
Orbex was awarded the Best ForEx Arabic Platform Award at the 9th Middle East Forex & Investment Summit 2011 which was held from November 15th – 16th at the Hilton Hotel, Abu Dhabi.
Most Innovative ECN Broker
Orbex was choosen as the Most Innovative ECN Broker for the year 2013 award at the 8th Jordan Forex Expo 2013, which was held on the 7th & 8th of May 2013 at LeRoyal Amman Hotel in Jordan.
Best ForEx Forecast & Strategy Provider
Orbex was awarded the Best ForEx Forecast & Strategy provider 2013 at the Mena ForEx Show which was held on the 14th and 15th of November 2013 in Dubai , United Arab Emirates.
Spreads and Leverage Offered by Orbex
Leverage ranges from 1:1 up to 1:500 depending on the type of the CFD, the amount of trading volume active in the account and at the Company’s discretion. When you open the Client Account, the leverage rate is set at 1:50 by default. You may change the leverage of your client account by contacting Orbex. Orbex has the right to allow a change to your account leverage.
Regardless of your account type or the amount of equity you have in your account, the leverage you will be allocated to trade with will be determined by the amount of trading volume you have in active use at any given time. Read more here.
Depending on account type you are holding the spreads may vary from 1.9 Pips on Standard Account to 0.8 Pips on V.I.P. Account.
*As this information might have changed since the article has been written, click the picture for up-to-date information
Account Types and Their Benefits
Choose the account that will best suit your trading needs. The following account types are offered by Orbex:
Orbex Islamic ForEx Account (Swap Free Account)
Orbex offers No Riba, Islamic accounts that comply with Islamic Shariah law. This kind of trading account would not pay, or be paid for holding a position for more than one business day.
Orbex Main Advantages
Special Orbex ECN Accounts
Orbex has their main advantages in their partnerships. Huge financial names have seen Orbex as valuable and dependable partner and that has reflected in various benefits for their traders.
Orbex has created ECN ForEx platform, which gives access to aggregated liquidity from Barclays, UBS, Deutsche Bank and other Tier-1 banks connected directly to Orbex trading platform. This grants traders direct access to the inter-bank market.
This is it. This is what makes Orbex most popular ForEx broker for both beginner and experienced traders.
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