Orbex is a derivatives broker that has been in business for over twelve years. It offers both professional and retail traders a variety of account kinds. It has a sizable number of tradable assets and a comprehensive library of research and instructional materials. With offices in Kuwait and Jordan besides its registered office in Mauritius, Orbex Global Ltd.
Since 2010, the Orbex brokerage has been offering its services. While Orbex Global Limited is governed by the Mauritius Financial Services Commission, Orbex Limited is overseen by the Cyprus Securities and Exchange Commission (CySEC) (FSC). Access to currency pairs, CFDs on stocks, indices, energy resources, and precious metals are all made available by the broker. In 2020, MENA declared Orbex as the top Forex broker in Europe and the Middle East, according to the Global Banking and Finance Review.
- Opportunity to select an account with a unique spread type and amount
- Use trading advisors and copy transactions
- Protection from a negative balance
Limitations of Orbex
- Lower protection is provided by offshore licensing
- High fees for inactivity
- Customer service’s responses are only partially adequate
- The only trading platform is MT4, and the high minimum deposit is $200.
For both active and passive trading, Orbex is a reputable broker that provides terms tailored to professionals.
What is MetaTrader 5?
One of the most popular and commonly used Forex trading platforms is MetaTrader 5. We have compiled a list of the top MT5 brokers currently accessible in this comprehensive guide. Based on the overall advantages of MT5, we selected the top Meta Trader 5 brokers that provide helpful trading conditions and additional features. See below for our top picks!
Here is the list of top 5 metatrader 5 brokers in 2022
For beginners, especially those new to forex trading, the MetaTrader series is a good choice. The list has been created by one of the expert evaluation team by the Traders Union.
- RoboForex– Best Overall for MetaTrader
- IC Markets – Best MT5 Speed
- FxPro – Best Multi-Pricing Options
- Admiral Markets – Best Education and Tools
- Exness – Best for Fast Withdrawals
How to choose right MetaTrader 5 broker?
Finding the best metatrader 5 broker is a rather straightforward process. Start by conducting research. Check out the web ratings and reviews of your potential platform. The Traders Union is a great place to begin. There are additional websites that gather customer reviews. Look for factors like low commissions, quick execution times, signals, trading bots, etc. when reading reviews and articles. When choosing a broker, take your individual needs into account as well.