FX/CFDs Broker Orbex Onboards Clients of HonorFX

<p>Orbex, a forex and contracts for differences (CFDs) broker, announced today (Tuesday) that it will provide access to trading products and services to the clients of HonorFX, another FX/CFDs broker.
</p><p>Orbex Taps HonorFX Clients
</p><p>Though the official press release did not mention the details of the partnership, market participants estimate that <a href="https://www.financemagnates.com/tag/orbex/">Orbex</a> acquired HonorFX, or at least the clients' book of it. Finance Magnates approached the broker for confirmation.
</p><p>"We are delighted to welcome HonorFX clients to our Orbex family," said Abdallah Abbas, Chairman at Orbex. "We believe that this partnership will enhance our competitive edge and enable us to offer even more exclusive terms and benefits to traders across the globe. We look forward to working with <a href="https://www.financemagnates.com/tag/honorfx/">HonorFX</a> and supporting their clients in achieving their trading goals!"
</p><p>Two Big CFDs Brands
</p><p>Both Orbex and HonorFX are well-known brands in the retail FX/CFDs brokerage industry. Orbex alone offers traders access to more than 400 CFDs instruments of forex, stocks, indices, cryptocurrencies, and other asset classes.
</p><p>HonorFX is <a href="https://www.financemagnates.com/thought-leadership/honorfx-opens-representative-office-in-dubai/">heaquartered in the United Arab Emirates </a>and operates with licenses obtained in Mauritius, Malaysia, and Saint Vincent and the Grenadines. Orbex also holds licenses in Mauritius, Seychelles, and Saint Vincent and the Grenadines.
</p><p>The partnership is strategic, allowing Orbex to strengthen its position in the Middle East and North Africa (MENA) region. It will further open up doors to other Asian markets.
</p><p>"While we are working closely with our associates at HonorFX to ensure a smooth integration of operations, it is important to clarify that, for Orbex clients it will be business as usual, that is, their trading experience will remain unaffected during the integration process," Abbas added.
</p><p>Earlier this year, Orbex expanded its product range with the launch of the new <a href="https://www.financemagnates.com/forex/news-nuggets-13-june-bidfx-hires-efx-expert-orbexs-prepaid-card/">Orbex Prepaid Card and Orbex Card app</a>. Orbex Maestro Prepaid Card is available for the broker's clients in the Gulf Region, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Palestine.
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This article was written by Arnab Shome at www.financemagnates.com.