Compare Admiral Markets vs Orbex
What is Admiral Markets? What is Orbex?
Admiral Markets is a global online broker that offers trading in forex, CFDs, stocks, ETFs, futures and options. It was founded in 2001 and is regulated by multiple authorities, including the UK’s FCA, Australia’s ASIC, Cyprus’ CySEC and Estonia’s EFSA.
Orbex is a forex broker that specializes in ECN trading, Islamic accounts, social trading and educational resources. It was established in 2010 and is regulated by CySEC and Mauritius’ FSC.
Admiral Markets vs Orbex Regulation Comparison
Both brokers are regulated by CySEC, which means they have to comply with strict rules regarding client funds protection, risk management, transparency and fair trading practices. However, Admiral Markets has more regulatory licenses than Orbex, as it is also authorized by the FCA, ASIC and EFSA. This gives it more credibility and trustworthiness in the eyes of traders and investors.
Admiral Markets vs Orbex Trading Assets Comparison
Admiral Markets offers a wider range of trading assets than Orbex, as it covers more than 8,000 instruments across various markets and asset classes. These include forex, CFDs on indices, commodities, metals, energies, stocks, bonds, ETFs, cryptocurrencies, futures and options. Orbex, on the other hand, focuses mainly on forex and CFDs on metals and energies. It offers around 50 currency pairs and 10 CFDs.
Admiral Markets vs Orbex Trading Fees Comparison
Both brokers charge competitive spreads and commissions on their trading accounts, but the exact fees depend on the account type, platform and instrument chosen. Admiral Markets has four account types: Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5. The Trade accounts have variable spreads starting from 0.5 pips on forex and no commissions, while the Zero accounts have raw spreads starting from 0 pips on forex and commissions of $1.8-$3 per lot per side. Orbex has three account types: Standard, Premium and VIP. The Standard account has fixed spreads starting from 1.9 pips on forex and no commissions, while the Premium and VIP accounts have variable spreads starting from 0.8 pips on forex and commissions of $6-$10 per lot round turn.
Admiral Markets vs Orbex Account Types Comparison
both brokers offer different account types to suit different trading styles and preferences.
Admiral Markets has four account types: Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5 and Orbex has three account types: Standard, Premium and VIP. Admiral Markets has a minimum deposit requirement of $100 for all its accounts, while Orbex has a minimum deposit requirement of $200 for the Standard account, $500 for the Premium account and $25,000 for the VIP account. Both brokers offer leverage up to 1:500 for forex trading, but this may vary depending on the instrument and the regulatory jurisdiction.
Admiral Markets vs Orbex Deposit Options Comparison
Both brokers support various deposit and withdrawal methods for their clients’ convenience and security. These include bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller) and local payment methods (Sofort, iDeal). However, Admiral Markets also accepts PayPal as an additional option for deposits only. Both brokers do not charge any fees for deposits or withdrawals, but some third-party providers may apply their own charges.
Admiral Markets vs Orbex Trading Platforms Comparison
Both brokers offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms as their main trading platforms. These are user-friendly, customizable and feature-rich platforms that support multiple order types, charting tools, indicators, automated trading, market news and analysis. However, Admiral Markets also provides its own web-based platform called WebTrader, which is accessible from any browser and device. WebTrader has a simple and intuitive interface that allows traders to execute trades, manage their accounts and access market information without downloading or installing any software . Orbex does not have a proprietary web platform, but it offers a web version of MT4 and MT5 that can be accessed online.
Admiral Markets vs Orbex Analytical Tools Comparison
Both brokers offer various analytical tools and educational resources to help their clients improve their trading skills and knowledge. These include market news, economic calendar, trading signals, webinars, seminars, videos, articles, ebooks and courses. However, Admiral Markets has more advanced and comprehensive tools than Orbex, such as the Premium Analytics portal, which provides exclusive access to market data, sentiment indicators, technical analysis and trading ideas from leading providers like Trading Central, Dow Jones and Acuity . Orbex also offers some useful tools like the Orbex TradeLab, which is a social trading network where traders can share and follow trading ideas, and the Orbex Strategizer, which is an online algorithmic trading tool that allows traders to create and test their own strategies without coding.
Admiral Markets vs Orbex. Which forex broker is better? Which forex broker should you choose?
Different brokers may have different advantages and disadvantages depending on your goals, preferences and trading strategy. However, there are several factors you can consider when choosing between Admiral Markets and Orbex:
- If you value regulation and reliability, you may prefer Admiral Markets, as it has more regulatory licenses than Orbex and operates in more jurisdictions.
- If you appreciate the variety and richness of trading, you may prefer Admiral Markets, as it offers a wider range of trading assets than Orbex and covers more markets and asset classes.
- If you value trading costs and fees, you may prefer Orbex, as it has lower spreads and commissions than Admiral Markets on some of its account types and instruments.
- If you appreciate trading platforms and technologies, then you may prefer Admiral Markets, as it has its own web-based platform called WebTrader, which is more convenient and accessible than its web versions. MT4 and MT5 are provided by Orbex. Admiral Markets also has more advanced and comprehensive analytical tools than Orbex, such as the Premium Analytics portal.
- If you value social trading and algorithmic trading, then you may prefer Orbex, as it offers Orbex TradeLab and Orbex Strategyizer, which are useful tools for sharing and tracking trading ideas. translate, and create and test trading strategies without coding.
- Ultimately, the choice is yours based on your own research and judgment. You may also want to try out the demo accounts offered by both brokers to test their services and features before opening a real account.
