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Orbex regulation

Across a hundred brokers, the licence is what separates the field fastest. Here is Orbex's regulatory record in full.

Facts last checked . Read the full Orbex review.

Regulation and safety

Regulated by
Mauritius FSC, Investment Dealer (Full Service Dealer excluding Underwriting); Seychelles FSA, Securities Dealer
Regulator tier
Tier 2
Register entry
Mauritius FSC Register, Orbex Global Limited
Client money segregated
Yes
Held at
Approved regulated banks/payment providers; specific bank not publicly disclosed
Negative balance protection
Yes
Compensation scheme
Investor Compensation Fund protection advertised by Orbex; eligibility/entity dependent
Audited by
Independent external auditors
Not available to
United States, Iran, North Korea, Mauritius, Russia, Myanmar, Romania and other prohibited jurisdictions

Check the licence yourself: the Mauritius FSC register of licensees, the Seychelles FSA list of regulated entities.

What this means

Across a hundred brokers, the licence is what separates the field fastest.

Orbex's licence is offshore (FSC and FSA). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.

Client money is held separately from the firm's own money, at Approved regulated banks/payment providers; specific bank not publicly disclosed. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund protection advertised by Orbex; eligibility/entity dependent, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about Orbex regulation

Who regulates Orbex?

Orbex is regulated by Mauritius FSC, Investment Dealer (Full Service Dealer excluding Underwriting); Seychelles FSA, Securities Dealer.

Is client money segregated at Orbex?

Yes. Orbex holds client money separately from its own funds, at Approved regulated banks/payment providers; specific bank not publicly disclosed.

Does Orbex offer negative balance protection?

Yes. Orbex offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about Orbex