Best ForEx Brokers: Orbex

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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.

Orbex best arabic broker license

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 saudi broker

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.

Open Orbex Demo Account    Open Orbex Live Account

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.

orbex spreads

*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 account types

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.

Open Orbex Demo Account    Open Orbex Live Account

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.
best arabic trading platform liquidityOrbex 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.

Trading Central

This is it. This is what makes Orbex most popular ForEx broker for both beginner and experienced traders.

arabic forex broker

Trading Central MT4 Analysis Indicator is a plugin that offers:

  • The latest information from an industry leader in investment analysis
  • Multilingual support on an easy-to-install and easy-to-use interface. (Supported English, Chinese, Arabic, Russian, Indonesian and 20 other languages)
  • Automatic support, commentary and analytic forecasts from Trading Central
  • Coordination with the following currency pairs: EUR/USD, AUD/USD, EUR/AUD, EUR/JPY, GBP/JPY, GBP/USD, NZD/USD, USD/CHF, USD/JPY
  • 24/5 information and support for better investment decision-making
    The ability to fill orders based on Trading Central levels

Orbex offers Trading Central MT4 Analysis indicator on Orbex MT4 to clients with real accounts.

Open Orbex Demo Account    Open Orbex Live Account
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