Compare Forex.com vs Orbex
What is Forex.com? What is Orbex?
Forex.com is a global forex and CFD broker that offers trading on over 80 currency pairs, as well as indices, commodities, metals, and cryptocurrencies. It is regulated by several authorities, including the US Commodity Futures Trading Commission (CFTC), the UK Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC).
Orbex is a forex and CFD broker that offers trading on over 50 currency pairs, as well as indices, commodities, metals, energies, and futures. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Mauritius Financial Services Commission (FSC).
Forex.com vs Orbex Regulation Comparison
Forex.com has a higher level of regulation than Orbex, as it is licensed by more reputable regulators in major financial markets. Forex.com also has a longer history of operation, as it was established in 1999, while Orbex was founded in 2010.
Orbex has a lower level of regulation than Forex.com, as it is only licensed by two regulators in offshore jurisdictions. Orbex also has a shorter history of operation, as it was established in 2010, while Forex.com was founded in 1999.
Forex.com vs Orbex Trading Assets Comparison
Forex.com has a wider range of trading assets than Orbex, as it offers more currency pairs and cryptocurrencies than Orbex. Forex.com also provides access to more markets, such as US and UK stocks, through its DMA account.
Orbex has a narrower range of trading assets than Forex.com, as it offers fewer currency pairs and cryptocurrencies than Forex.com. Orbex also provides access to fewer markets, such as only European stocks, through its MT5 account.
Forex.com vs Orbex Trading Fees Comparison
Forex.com has lower trading fees than Orbex for most trading instruments, as it offers tighter spreads and lower commissions than Orbex. Forex.com also has lower non-trading fees, such as no deposit or withdrawal fees.
Orbex has higher trading fees than Forex.com for most trading instruments, as it offers wider spreads and higher commissions than Forex.com. Orbex also has higher non-trading fees, such as deposit or withdrawal fees depending on the payment method.
Forex.com vs Orbex Account Types Comparison
Forex.com has more account types than Orbex, as it offers four types of accounts: Standard, Commission, DMA, and STP Pro. Each account type has different features and benefits, such as different minimum deposits, leverage ratios, trading platforms, and execution models.
Orbex has fewer account types than Forex.com, as it offers three types of accounts: Standard, Premium, and VIP. Each account type has similar features and benefits, such as the same minimum deposit ($200), leverage ratio (1:500), trading platform (MT4 or MT5), and execution model (STP).
Forex.com vs Orbex Deposit Options Comparison
Forex.com has more deposit and withdrawal options than Orbex, as it supports more payment methods such as credit/debit cards, bank transfers, e-wallets (PayPal and Skrill), and checks. Forex.com also does not charge any deposit or withdrawal fees for most payment methods.
Orbex has fewer deposit and withdrawal options than Forex.com, as it supports fewer payment methods such as credit/debit cards, bank transfers, e-wallets (Neteller and Skrill), and local payment solutions. Orbex also charges deposit or withdrawal fees for some payment methods depending on the amount and currency
Forex.com vs Orbex Trading Platforms Comparison
Forex.com has more trading platforms than Orbex, as it offers its own proprietary platform (Forex.com Web Trading), as well as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each platform has different features and functionalities, such as advanced charting tools, custom indicators, automated trading, and social trading.
Orbex has fewer trading platforms than Forex.com, as it only offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each platform has similar features and functionalities, such as advanced charting tools, custom indicators, automated trading, and social trading.
Forex.com vs Orbex Analytical Tools Comparison
Forex.com has more analytical tools than Orbex, as it provides more research and educational resources for traders, such as market analysis, trading signals, webinars, podcasts, and courses. Forex.com also has a dedicated team of market experts and analysts who provide insights and commentary on the latest market trends and events.
Orbex has fewer analytical tools than Forex.com, as it provides fewer research and educational resources for traders, such as market analysis, trading signals, webinars, and ebooks. Orbex also has a smaller team of market experts and analysts who provide insights and commentary on the latest market trends and events.
Forex.com vs Orbex. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading goals, and risk appetite. However, here are some possible factors that you may consider when choosing between Forex.com and Orbex:
- Regulation: If you value the security and credibility of your broker, you may prefer Forex.com over Orbex, as Forex.com has a higher level of regulation than Orbex in major financial markets. Forex.com is also a more established broker than Orbex, as it has a longer history of operation.
- Trading Assets: If you value the diversity and variety of your trading instruments, you may prefer Forex.com over Orbex, as Forex.com has a wider range of trading assets than Orbex. Forex.com also provides access to more markets, such as US and UK stocks, through its DMA account.
- Trading Fees: If you value the cost-effectiveness and efficiency of your trading, you may prefer Forex.com over Orbex, as Forex.com has lower trading fees than Orbex for most trading instruments. Forex.com also has lower non-trading fees, such as no deposit or withdrawal fees for most payment methods.
- Account Types: If you value the flexibility and customization of your trading account, you may prefer Forex.com over Orbex, as Forex.com has more account types than Orbex. Each account type has different features and benefits, such as different minimum deposits, leverage ratios, trading platforms, and execution models.
- Deposit and Withdrawal Options: If you value the convenience and speed of your deposit and withdrawal process, you may prefer Forex.com over Orbex, as Forex.com has more deposit and withdrawal options than Orbex. Forex.com also does not charge any deposit or withdrawal fees for most payment methods.
- Trading Platforms: If you value the functionality and usability of your trading platform, you may prefer Forex.com over Orbex, as Forex.com has more trading platforms than Orbex. Each platform has different features and functionalities, such as advanced charting tools, custom indicators, automated trading, and social trading.
- Analytical Tools: If you value the research and education resources for your trading, you may prefer Forex.com over Orbex, as Forex.com has more analytical tools than Orbex. Forex.com also has a dedicated team of market experts and analysts who provide insights and commentary on the latest market trends and events.
Ultimately, the choice is yours to make. You may want to test both brokers with a demo account before making a final decision. You can also read more reviews and ratings from other traders on various websites .
