Orbex Review 2026
The full Orbex write-up for Tanzania traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Tanzania
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD010 |
| Regulated Entity | Orbex Global Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $200 |
| EUR/USD Spread | From 0.5 pips |
| Instruments | 400+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✓ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD010). Cover charge $200. In Tanzania, forex leverage is capped at 1:500.
About Orbex
Orbex opened its doors in 2011 out of a kitchen in Limassol, Cyprus. Its menu runs to 400 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Orbex Global Ltd under FSA.
In Tanzania, Orbex serves as Orbex Global Ltd, cleared by FSA under licence number SD010. Under FSA house rules, Tanzania traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD010
- 400+ instruments to trade
- Negative balance protection in Tanzania
- Platforms: MT4, MT5
- Copy trading available
- Founded in 2011 (15 years operating)
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Orbex regulated?
Yes. Orbex is authorised by FSA, issued to the entity Orbex Global Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for Orbex in Tanzania?
The cover charge is $200, the smallest amount Tanzania traders need to open a live account with Orbex under FSA rules.
What leverage does Orbex offer in Tanzania?
In Tanzania, FSA rules cap Orbex at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Orbex safe to trade with?
The kitchen passes inspection: Orbex cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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