Recalculated 2026-11-02 · Established 2010 · Served offshore via Orbex Global Ltd (Ma
Orbex — South Africa
Orbex is rated 3.04 out of 5 by our formula (Rank #41 of 70) for traders in South Africa: round turn 8 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it has been trading for 16 years
Look elsewhere if the round turn is 8 USD against a 7 USD median here · the minimum is 100 USD against 50 USD in this market · it holds no licence issued in South Africa
Key facts (8)
- Who actually onboards you
- Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
- Licence number
- not stated
- Established
- 2010group
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Cards, Skrill, Neteller, wire, Klarna/Sofort; ZA
- Max leverage
- 500geo
- EURUSD
- 1.5 pipsgroup
Accounts (3)
Orbex publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| Orbex | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 24 hoursgroup | 24.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2010group | 2009.0 |
| Platforms | 2 | 3.0 |
Onboards residents through an offshore entity
Offshore only; unlike several ZA competitors, Orbex is not FSCA-authorised.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Orbex.
- Who actually onboards you
- Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 3.75+ 20.0% × 4.25+ 20.0% × 0.00+ 15.0% × 4.00+ 10.0% × 4.00+ 10.0% × 2.50= 3.04
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
Locally licensed entity
What each account gives you
Starter (min USD 100), Premium (USD 500), Ultimate (USD 25,000).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit USD 100 (Starter).
What the broker publishes about payouts
Trading software and asset classes (2)
MT4 · MT5
FX, indices, commodities, shares, crypto CFDs.
Reviews
rating from reviews
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at 24 hours; bank wires 3 to 5 business days
Cons (2)
- Round turn 8.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
Where it does not serve
United States, Cuba, Sudan, Syria, North Korea
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (2)
2 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2orbex.com/en/license-and-regulations.htmlorbex.com · pageBroker
FAQ (5)
Does Orbex accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Orbex?
Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
What licence does Orbex hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Orbex?
8.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Orbex take?
Orbex publishes 24 hours; bank wires 3 to 5 business days. Their own wording: “withdrawals are completed almost immediately, while traditional international bank wire transfers can take 3 to 5 business days to clear”.