Orbex Acquires Retail Clients from HonorFX

Orbex, a leading multi-regulated forex and CFD broker, announced on Tuesday (September 12) a strategic partnership with the regulated offshore Forex broker HonorFX.

According to a spokesperson at Orbex, the company will acquire the the retail business and retail clients from HonorFX​, in a move to grow its reach in Asia and beyond. Orbex is one of the leading brokers in the MENA region, and HonorFX has offices in Dubai and Malaysia. Whereas, HonorFX plans to shift its focus towards the institutional business. 

Following the acquisition, HonorFX clients can access Orbex's award-winning trading products and services.

"We are delighted to welcome HonorFX clients to our Orbex family. 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 HonorFX and supporting their clients in achieving their trading goals! "Orbex Chairman Abdallah Abbas commented.

Besides, Abdallah Abbas notes that Orbex clients' trading experience will remain unaffected during the integration process.