Orbex Launches USD/TRY with Competitive Spreads

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New trading instrument supports investment portfolio diversification.

With the USD/TRY and our other diverse options, Orbex supports traders and partners interested in developing and emerging economies and other unique trading opportunities.

Providing another option for its traders and partners across the globe, Orbex recently introduced USD/TRY, the Turkish Lira, for trading on Orbex MT4. The new trading instrument, with competitive spreads from 8 pips, is launched in response to client interest and the company’s desire to offer a broad range of instruments to help traders and partners expand their investment strategies.

The Turkish Lira became a popular instrument due to its high volatility driven by the country’s political situation and dependency on foreign investment to fund its significant current account gap. The new instrument is now available for all traders who have a real account with Orbex and new traders who open an account at orbex.com.

“As we continue to enhance our trading options and customer service, we are pleased to introduce another option for our global network of traders,” said Abdullah Abbas, Managing Director of Orbex. “With the USD/TRY and our other diverse options, Orbex supports traders and partners interested in developing and emerging economies and other unique trading opportunities.”

Formerly AFBFX, Orbex was recently rebranded in recognition of the company’s enhanced customer service for traders and partners. Orbex now provides a one-hour response time to all customer inquiries in addition to easy funds withdrawal and multi-lingual service in 13 languages, including English, Arabic, Bengali, Spanish, German, Russian, Chinese, Bulgarian, Urdu, Persian, Greek, French and Italian. The Orbex website, which hosts the Orbex Web TV episodes, is available in 10 languages: English, Chinese, Russian, German, Arabic, Bengali, Spanish, Urdu, Japanese and Persian.

The new Orbex will continue to enhance offerings for traders, improving trading technologies and providing a range of instruments, making trading and diversifying investment portfolio easier than ever. Orbex provides clients with the very competitive trading terms and conditions in the market on currencies and other instruments, offering a diverse range of products including Foreign Exchange, Precious Metals, Future Contracts (OTC), Equity Indices (OTC), CFDs and Energy Contracts.

About Orbex

As an innovative international broker, Orbex LTD takes pride in providing top quality financial services to individuals and institutions alike. Our business experience, market knowledge and advanced technology makes entry to the worldwide market a reality for all. Fully licensed and regulated, our trading expertise is in currencies, precious metals, commodities, CFDs and Futures. With a well-equipped head office located in Limassol, Cyprus and Kuwait and a highly experienced team from diverse international and professional backgrounds, Orbex was awarded “Most Innovative ECN Broker” at the 2013 Jordan Forex Expo and “Best FX Technology Provider” at the 2013 Saudi Money Exhibition and Conference. For more information, please visit http://www.orbex.com.

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Ekaterina Gloersen