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Orbex fees and how they score

Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind Orbex's cost score.

Facts last checked . Read the full Orbex review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
1.5 pips, Starter
GBP/USD spread
1.6 pips, Starter
Commission
$0 Starter; $8 Premium; $5 Ultimate
All-in cost, EUR/USD
1.5 pips, Starter
Spread type
Variable
Overnight swap
Both: overnight swaps may be charged or credited
Inactivity fee
$20/€20/£20 per month after 4 months inactivity
Deposit fee
0% on most core methods
Withdrawal fee
0% on most core methods; some regional/provider methods charge fees
Currency conversion
Conversion at applicable exchange rate

What this means

Cost is scored on what a trade actually costs all in, not on the headline spread.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Orbex lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Orbex fees

What is the EUR/USD spread at Orbex?

Orbex records an average EUR/USD spread of 1.5 pips, Starter on a variable pricing model.

Does Orbex charge commission?

Orbex's commission is $0 Starter; $8 Premium; $5 Ultimate. A commission account usually pairs with a tighter spread, so the two have to be read together.

What does Orbex charge to hold a position overnight?

Overnight financing at Orbex is recorded as both: overnight swaps may be charged or credited.

Fees at brokers under the same regulator

More about Orbex