Headquartered in Limassol, Cyprus, Orbex LTD is an inclusive and diversified international company specialized in brokerage and trading in forex, precious metals, commodities, CFD and futures. It is fully licensed and well regulated.
Orbex aims to develop global online trading services market and provide investors with intelligent online tools. It also provides thoughtful customer service to help investors find new market opportunities.
According to regulatory information, Orbex is located at 82nd Street No.6 Ground Floor, Kato Polemidia 4153. WikiFX paid a field visit to this site.
WikiFX’s fact-finding team came to 82nd Street and found house number on a wooden wall. Orbex’s office is located here.
The surveyors came to the other side of the building and saw a red and black LOGO of Orbex.
When the surveyors entered the office of Orbex, they found that it was spacious, clean and elaborately decorated. Seven or eight sales staff members were making phone calls to sell products. Front desk staff told the surveyors that Orbex had just moved here.
Its leverage is as high as 1:500
Its spread can be as low as 0.8 points
Seamless execution & direct access to first-class banks
The France BDF license (ID 73762) it holds is of non-forex category, therefore not authorizing it to perform activities in forex industry.
The Germany BaFin license (ID 124458) it holds is of non-forex category. Hence it is operating beyond legitimate bounds.
After a field survey, WikiFX could confirm that Orbex’s regulatory address is true. The company, with a large office, appears to have a lot of muscle. But in light of the type and provisions of the its license, dealing in the forex industry seems to be illegitimate for the firm.
5-10 years | GermanyRegulation | United KingdomRegulation | France…
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