Compare ActivTrades vs Orbex
What is ActivTrades? What is Orbex?
ActivTrades is a UK-based broker that was founded in 2001 and is regulated by the Financial Conduct Authority (FCA) and the Securities Commission of the Bahamas (SCB) . It offers trading on over 500 instruments, including forex, indices, commodities, stocks, ETFs, and cryptocurrencies .
Orbex is a Cyprus-based broker that was founded in 2011 and is regulated by the Cyprus Securities and Exchange Commission (CySEC) . It offers trading on over 200 instruments, including forex, metals, energies, indices, and stocks .
ActivTrades vs Orbex Regulation Comparison
Both brokers are regulated by reputable authorities and comply with the European Securities and Markets Authority (ESMA) rules, which include negative balance protection, leverage limits, and segregated client funds .
ActivTrades has an additional regulation from the SCB, which allows it to offer higher leverage and lower margin requirements for clients outside the EU .
Orbex has an additional license from the Financial Sector Conduct Authority (FSCA) of South Africa, which allows it to offer its services to clients in that region
ActivTrades vs Orbex Trading Assets Comparison
ActivTrades has a wider range of trading assets than Orbex, offering more than 500 instruments across 7 asset classes , while Orbex offers more than 200 instruments across 5 asset classes .
ActivTrades has an edge over Orbex in terms of cryptocurrency trading, as it offers 9 crypto pairs with competitive spreads and no commissions , while Orbex does not offer any crypto trading at the moment .
Orbex has an edge over ActivTrades in terms of stock trading, as it offers more than 100 stocks from US and European markets with low commissions and no overnight fees , while ActivTrades offers only 50 stocks from US markets with higher commissions and swap charges.
ActivTrades vs Orbex Trading Fees Comparison
Both brokers offer competitive spreads and commissions on their trading instruments, depending on the account type and market conditions .
ActivTrades charges a commission of $1 per side on its Zero Spread account, which offers spreads from 0.0 pips on major forex pairs . It also charges a commission of $0.10 per share on its stock CFDs .
Orbex charges a commission of $8 per lot on its ECN account, which offers spreads from 0.0 pips on major forex pairs . It also charges a commission of $0.06 per share on its stock CFDs .
Both brokers charge swap fees for holding positions overnight, which vary depending on the instrument and direction of the trade . However, Orbex offers swap-free accounts for Islamic clients who do not wish to pay or receive interest.
ActivTrades vs Orbex Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences .
ActivTrades offers three account types: Classic, Standard, and Zero Spread. The Classic account has no minimum deposit requirement and offers variable spreads from 0.5 pips on major forex pairs. The Standard account has a minimum deposit requirement of $1000 and offers variable spreads from 0.3 pips on major forex pairs. The Zero Spread account has a minimum deposit requirement of $1000 and offers fixed spreads from 0.0 pips on major forex pairs with a commission of $1 per side .
Orbex offers four account types: Standard, Premium, VIP, and ECN. The Standard account has no minimum deposit requirement and offers variable spreads from 1.5 pips on major forex pairs. The Premium account has a minimum deposit requirement of $5000 and offers variable spreads from 1.2 pips on major forex pairs. The VIP account has a minimum deposit requirement of $25000 and offers variable spreads from 0.8 pips on major forex pairs. The ECN account has a minimum deposit requirement of $500 and offers variable spreads from 0.0 pips on major forex pairs with a commission of $8 per lot .
ActivTrades vs Orbex Deposit Options Comparison
Both brokers offer various deposit and withdrawal options for their clients, including bank wire transfer, credit/debit cards, e-wallets, and local payment methods .
ActivTrades does not charge any fees for deposits and withdrawals, except for bank wire transfers, which may incur fees from the intermediary banks . It also offers the ActivTrades Prepaid Card, which allows clients to access their funds instantly and securely .
Orbex does not charge any fees for deposits and withdrawals, except for bank wire transfers, which may incur fees from the intermediary banks . It also offers the Orbex Wallet, which allows clients to transfer funds between their trading accounts and payment methods.
ActivTrades vs Orbex Trading Platforms Comparison
Both brokers offer the MetaTrader 4 and MetaTrader 5 platforms, which are the most popular and widely used trading platforms in the industry .
ActivTrades provides the ActivTrader platform, which is a web-based platform that offers a simple and intuitive interface, advanced charting tools, one-click trading, and risk management features .
Orbex provides the Orbex TradeLab platform, which is a social trading platform that allows clients to share and copy trading ideas, signals, and strategies from other traders.
ActivTrades vs Orbex Analytical Tools Comparison
Both brokers provide various analytical tools and resources for their clients, including market news, economic calendar, trading signals, webinars, and educational materials .
ActivTrades offers the Trading Central package, which is a leading provider of technical analysis and market research, as well as the Smart Tools package, which is a collection of indicators and expert advisors that enhance the functionality of the MetaTrader platforms .
Orbex offers the Orbex Strategizer platform, which is an automated trading system that allows clients to create and test their own trading strategies without any coding skills, as well as the Orbex MT4 MultiTerminal platform, which allows clients to manage multiple accounts simultaneously from one interface .
ActivTrades 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 of the following factors to help you make an informed decision:
- If you are looking for a broker that offers a wider range of trading assets, especially cryptocurrencies, you may prefer ActivTrades over Orbex, as it offers more than 500 instruments across 7 asset classes, including 9 crypto pairs .
- If you are looking for a broker that offers lower trading fees, especially on stock CFDs, you may prefer Orbex over ActivTrades, as it offers more than 100 stocks from US and European markets with low commissions and no overnight fees .
- If you are looking for a broker that offers higher leverage and lower margin requirements for clients outside the EU, you may prefer ActivTrades over Orbex, as it has an additional regulation from the SCB, which allows it to offer these benefits .
- If you are looking for a broker that offers swap-free accounts for Islamic clients, you may prefer Orbex over ActivTrades, as it offers this option for all its account types .
- If you are looking for a broker that offers a web-based trading platform with a simple and intuitive interface, you may prefer ActivTrades over Orbex, as it provides the ActivTrader platform, which offers advanced charting tools, one-click trading, and risk management features .
- If you are looking for a broker that offers a social trading platform that allows you to share and copy trading ideas, signals, and strategies from other traders, you may prefer Orbex over ActivTrades, as it provides the Orbex TradeLab platform, which offers this functionality .
Ultimately, the best way to find out which broker suits you better is to try them out yourself by opening a demo account or a live account with a small deposit. You can also read online reviews and feedback from other traders who have used these brokers before.
