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Orbex regulation & licences

Forex & CFD broker Founded 2010 🇨🇾 Cyprus

Licence ScoreModerateHow it's calculated

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Licences on record 2

2 Tier 2 — strong regulation

CySECCyprus Securities and Exchange Commission🇨🇾 Cyprus
Reference: check the register
Compensation: Investor Compensation Fund (ICF) — up to €20,000Negative balance protection: Required for retail clients

3 Tier 3 — moderate regulation

FSC (MU)Financial Services Commission, Mauritius🇲🇺 Mauritius
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

Orbex is a forex & CFD broker founded in 2010 and headquartered in Cyprus.

In our database Orbex is matched to 2 licences from CySEC and FSC (MU). Its strongest licence comes from the CySEC, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.

Be aware that a single Orbex website can front several legal entities. Its CySEC-regulated companies serve local residents, while international clients are frequently handled by entities supervised by FSC (MU), which offer much weaker safeguards.

Depending on the entity, eligible clients may be covered by Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under CySEC rules. Retail leverage caps apply at the CySEC-regulated entities (for example 30:1 on major FX pairs at CySEC).

Orbex offers MT4 and MT5. The advertised minimum deposit starts from about US$200 — minimums often vary by account type and entity.

Regulatory strengths

  • Holds tier-2 licence (CySEC)
  • Operating for about 16 years
  • Compensation scheme available at CySEC entity
  • Negative balance protection required at some entities

Points to check

  • International clients may be onboarded to offshore entities (FSC (MU))

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
2 CySECInvestor Compensation Fund (ICF) — up to €20,00030:1 on major FX pairs (ESMA rules)Required for retail clientsFinancial Ombudsman of Cyprus
3 FSC (MU)No compensation schemeNo statutory capNot a regulatory requirementOffice of the Ombudsperson for Financial Services

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Orbex regulation FAQ

Is Orbex regulated?

Yes — in our database Orbex is matched to 2 licences: CySEC (Cyprus) and FSC (MU) (Mauritius). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is Orbex a tier-1 regulated broker?

No. None of the licences we have matched to Orbex is from a tier-1 regulator. Its strongest licence is tier 2.

Does Orbex accept US clients?

Orbex is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Orbex generally cannot accept US retail forex clients.

Is my money protected with Orbex?

Clients of Orbex's CySEC-regulated entity may be eligible for statutory compensation (Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.

What is the minimum deposit at Orbex?

Orbex's advertised minimum deposit starts from about US$200. It can differ by account type, payment method and the entity you are onboarded to.

How can I verify Orbex's licence?

Find the company name and licence number in Orbex's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.