Orbex is the Investment Firm chosen and recommended for our Members, and for good reasons.
You’ve heard this before from us:

“Lionheart Elliott Wave Analysis stands online for and with the traders!”

We mean it!

FREE Resident Memberships | 3 months

LEWA partnered with Orbex as the Investment Firm and recommends its services under an IB agreement.
Traders may now choose to open a Live Account with this Broker and receive our services in the same time, complimentary.

A free Resident Memberships is given for a period of 3 months.

* Free Resident Memberships are valid only for traders who access our IB Link (button on this page) when opening an account.

You know by now that we believe in transparency so, we will point out that we get spread rebates from the trading volume generated by the referred traders.
In simple terms, you trade with Blackwell and we get a small piece of the volume you are generating when you open/close your trades.

Live Account Opening – Procedure

• Step 1: Click HERE (or on the buttons below) to be redirected for the account opening page and then register for a Live Account.
• Step 2: Validate your Live Account by providing the relevant documents, once logged in the Orbex Client Area.

Documents required:
Proof of Identity – Valid government issued ID or Passport
Proof of Address – Bank Statement or Utility Bill, with the name and address of the account holder and not older than 6 months

• Step 3: Fund your Orbex Live Account with your desired amount.
• Step 4: Request your Free Resident Membership activation by filling the form below.

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• Step 5: Trade profitably and with consistency.

Free Resident Memberships – T&C

Free Resident Membership remains valid and active under the following conditions:

• Live Account was opened by using the LEWA IB link
• Orbex Live Account is actively being used, with a dormant period not exceeding 15 days (calendar)
• Minimum traded volume (open & close) is 10 lots per month.

Quick notes:

When selecting the trading venue, a fellow trader needs to carefully consider multiple details and filter all possible scenarios, so that trading would occur smoothly and with transparency, without any headaches.

If you haven’t done so already, please read our Featured Brokers section. It is very important that you know the difference between A-book and B-book Brokers and then continue with the information below.

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Or, you may choose to open a Live Account with Orbex.

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Forex & CFDs trading is high risk

* Orbex does NOT accept US based Clients as the US CFTC Regulation prevents US clients from trading with non-US brokers.

ORBEX REVIEW – Simplified

LEWA exclusively recommends this Forex and CFDs Investment Firm due to the close connection present, because of its reliable services and its ability to comply with regulations and professional requirements.

Most people would be looking to get the info straight from a video, quick and easy.
For those individuals, we placed an Orbex introduction video below.

Other people however would like focus on the main things and make sure it’s suitable for their trading activities, hence the reason why LEWA prepared a simplified version in the lines below.

Important bullet-points:

• Regulation & Authorization: regulated by CySEC (124/10) and registered with the FCA (553071)
• Funds Security: Segregated bank accounts (clients’ funds separate from broker’s own funds)
• Member of the Investment Compensation Fund (ICF): Up to €20.000 coverage
• Deep Liquidity: Price Feed Aggregation from leading Liquidity Providers (LPs)
• Fast Order Execution: Straight Through Processing (STP) through oneZero technology bridge
• Low Spreads: Best available bid and ask prices, from a conglomerate of reputable Liquidity Providers, as low as 0.8 pips
• No Commissions & No Swaps: 0 commissions & 0 swaps (even if client is not Islamic)
• Meta Trader 4 Terminal: Most stable and most used trading platform, MT4 available on desktop, mobile, web
• Up to 1:500 Leverage
• Stable, with 9 years activity

Open a Live Account with Orbex

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Forex & CFDs trading is high risk

ORBEX REVIEW – In Depth

Orbex is an Investment Firm which provides online Financial Services from 2010.

This Broker has its main office located in Cyprus (Limassol), and with other branches in Jordan (Amman), Kuwait (Sharq) and China (Shanghai).

It’s a well-known entity among FX Brokers who managed to impress, gaining multiple awards and rapidly growing and expanding its business model.

Regulation & Authorization

Orbex LTD is a Cypriot Investment Firm which is licensed, regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC), under the License Number 124/10.

The company is able to comply with the necessary EU regulations and requirements, such as the ones imposed by MiFID & ESMA, thus being able to trade internationally through its regulatory framework.

As an online brokerage, Orbex specializes in CFD trading, on currencies, commodities, futures and indices.

Under the CySEC regulation and authority, the investment firm is able to provide the following:

Investment Services:

• Reception and transmission of orders
• Execution of orders on behalf of clients
• Dealing on own account

Ancillary  Services:

• Safekeeping and administration of financial instruments for the account of Clients
• Granting credits or loans to an investor to allow him to carry out a transaction in one or more financial instruments
• Foreign exchange services where these are connected to the provision of investment services
• Investment research and financial analysis

Counties in which the CySEC regulation is automatically valid under EU laws, as member states:

• Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, The Netherlands, United Kingdom

Counties outside the EU to which Orbex may be able to provide services:

• Australia, Bahamas, Bahrain, Bangladesh, Barbados, Brazil, Brunei Darussalam, Cambodia, Canada, China, Dominican Republic, Egypt, Ghana, Hong Kong, India, Indonesia, Iran (Islamic Republic of), Iraq, Israel, Jamaica, Jordan, Kazakhstan, Kenya, Kuwait, Lebanon, Macau, Malaysia, Maldives, Moldova, Monaco, New Zealand, Nigeria, Oman, Pakistan, Philippines, Qatar, Russian Federation, Saudi Arabia, Serbia, Singapore, South Africa, Sri Lanka, Switzerland, Taiwan, Thailand, Turkey, Ukraine, United Arab Emirates, Vietnam.

As an Investment Firm authorized in the European Economic Area area, Orbex is also registered with the Financial Conduct Authority in the UK, under the registration number 553071 .
Orbex LTD can offer certain products or services in the UK under the EEA passport.

Funds Security & Regulation & Authorization

Clients’ Funds are segregated from Company’s Funds, which means that they are separated into bank accounts denoted as “Clients Account”, thus complying with the regulations and Clients’ Funds remaining safe in case the firm fails.

The Investment Firm is also a member of the Investor Compensation Fund (ICF) under which the compensation amount for a covered client would reflect up to €20.000 EUR, thus complying with the FCA regulations and requirements.

Liquidity & Execution

When it comes to Execution venue and Liquidity pool, Orbex has chosen to invest in technology and obtain for its clients a valuable ultra-fast execution.

Clients orders are executed in milliseconds, through the Meta Trader 4 platform, which is connected directly to the Execution Bridge and Liquidity Pool.

Orbex adapts a Straight Through Processing (STP) execution model, obtained via the oneZero bridge, which is connected directly to Deep Liquidity.

Liquidity Providers reflect well known Tier 1 entities, such as Credit Suisse, Barclays, RBS, HSBC, UBS, CITI, FXCM, Gain Capital, Bank of America, JP Morgan, LMAX, Nomura, and others.

Account Types

The Accounts structure is based upon trading style and/or spreads category but also on investment size.
For example, non-scalping traders who want to trade with a fixed spread would be targeting the classic account. Scalpers and/or traders who would be looking for lower spreads would be looking at the other account types, based on the size of the investment.

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Forex & CFDs trading is high risk

Spreads – Commissions – Swaps – Leverage

The spreads are quite competitive compared to other brokers, reflecting as low as 0.8 pips on EUR/USD.

Besides the low spreads, what got us going was the fact that Orbex does not charge its traders commissions per traded volumes.
Other brokers do give low spreads as well but they charge commissions and swaps on top, which is coming out of the balance.

Most of the times our views and market analysis are leaning towards leaving the positions open over the week-end.
Normally, other brokers would charge swaps, Orbex does not charge swaps.
Even if the trader is not of Islamic origin, trading without swaps is a valid option, and this is a major plus for traders who are leaving their positions open for a period longer than 3 trading days.

*The only currencies which do have swaps are AUD / NZD / TRY / CNY pairs, and this is due to high volatility around them.

Leverage is set as a default by regulators as 50:1 but traders can request a leverage as high as 1:500 .

Stop out is conveniently set at 20%.

Trading Conditions & Margins

Orbex is good at assisting a trader with good tolls and a convenient trading environment.

Trading conditions in rapport to the margin requirements and the offered leverage allows a trader to apply his/her trading strategy with ease.

Deposits & Withdrawals

Deposits can be done via Debit/Credit Cards, Bank Wire or multiple e-wallets such as Skrill, WebMoney, Neteller and the processing time is set at max 2 hours, with the exception of Bank Wire which would take between 3 & 5 business days.

Withdrawals are impressive, with a processing time for e-wallets set at max 24 hours. Withdrawals via Debit/Credit Card or Bank Wire have a processing time between 3 & 5 business days.

The good thing is that, unlike other brokers, Orbex does not charge fees for deposits and/or withdrawals.

Table: Spreads / Margins / Deposits / Withdrawals

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On the bottom line, a trader can enjoy a good trading environment:

• Authorized and Regulated
• Low Spreads
• NO Commissions
• NO Swaps
• 1:500 Leverage
• No Fees – Deposit/Withdrawal
• 20% Stop Out

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Forex & CFDs trading is high risk

Awards

During its 8 years in the industry, Orbex managed to grow internationally and establish themselves as a global brand.

Orbex has been awarded multiple times: Best Education Provider 2016 / Best Analysis Provider 2016 / Best Affiliate Program 2016 / Best FX Forecast & Strategy Provider 2013 / Most Innovative ECN Broker 2013 / Best FX Technology Provider 2013 / Fastest Growing Broker in China 2012 / Best Arabic FX Provider 2012 / Best Retail FX Provider 2011 / Best FX Arabic Platform 2011.

At this stage, we believe you got the picture and received the message.

As you can see, there are valid reasons why LEWA decided to recommend Orbex to its Members/Traders/Investors.

We hope you found the information useful and should you have any further questions, our doors are open.

Stay in the green and many pips ahead!