Compare AvaTrade vs Orbex
What is AvaTrade? What is Orbex?
AvaTrade is a regulated broker that offers forex and CFD trading on various platforms, including MT4, MT5, WebTrader, AvaOptions, and AvaSocial. AvaTrade has been in the market since 2006 and has a global presence with nine regulations across six continents.
Orbex is a regulated broker that offers forex and CFD trading on the award-winning MT4 and MT5 platforms. Orbex has been serving traders since 2011 and has a long-standing history of excellence and innovation.
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
AvaTrade vs Orbex Regulation Comparison
AvaTrade is regulated by nine authorities in different jurisdictions, including the Central Bank of Ireland, ASIC, CySEC, FSA Japan, FFAJ, ISA, IIROC, ADGM/FSRA, and BVIFSC. AvaTrade also offers negative balance protection, investor compensation scheme, and segregated bank accounts for its clients.
Orbex is regulated by four authorities in different jurisdictions, including CySEC, FSC Mauritius, FCA UK, and BaFin Germany. Orbex also offers negative balance protection, secure data encryption, and free VPS for its clients.
AvaTrade vs Orbex Trading Assets Comparison
AvaTrade offers over 1,250 trading instruments across various asset classes, such as forex, stocks, commodities, indices, ETFs, cryptocurrencies, and options. AvaTrade also allows trading on 24/7 cryptocurrencies and vanilla options with up to 260 expirations.
Orbex offers over 200 trading instruments across various asset classes, such as forex, metals, energies, indices, and stocks. Orbex also allows trading on 24/5 cryptocurrencies and scalping and hedging strategies.
AvaTrade vs Orbex Trading Fees Comparison
AvaTrade charges no commissions on its trades and offers tight spreads starting from 0.9 pips on forex pairs. AvaTrade also charges no fees on deposits and withdrawals and offers up to 400:1 leverage on its products.
Orbex charges low commissions on its trades and offers tight spreads starting from 0.0 pips on forex pairs. Orbex also charges no fees on deposits and withdrawals and offers up to 500:1 leverage on its products.
AvaTrade vs Orbex Account Types Comparison
AvaTrade offers three types of accounts for its clients: Retail, Professional, and Islamic. Retail accounts are suitable for day traders with competitive spreads and a good choice of assets. Professional accounts offer high leverage, low spreads, hedging and scalping options. Islamic accounts are compliant with Shariah law for Muslim traders.
Orbex offers four types of accounts for its clients: Standard Fixed Spread Account (STP), Standard Variable Spread Account (ECN), Premium Account (ECN), and VIP Account (ECN). All accounts offer fast execution, scalping and hedging options, and access to MT4 and MT5 platforms. The main differences are in the spreads, commissions, minimum deposits, and maximum leverage.
AvaTrade vs Orbex Deposit Options Comparison
AvaTrade offers a variety of deposit and withdrawal options for its clients, such as credit/debit cards, bank wire transfers, e-wallets (PayPal, Skrill, Neteller), WebMoney, Trustly. AvaTrade also has a secure online payment system called AvaPay that allows instant transfers between accounts.
Orbex offers a variety of deposit and withdrawal options for its clients, such as credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller), WebMoney. Orbex also has a secure online payment system called Orbex Wallet that allows instant transfers between accounts.
AvaTrade vs Orbex Trading Platforms Comparison
- AvaTrade offers a wide range of trading platforms for its clients to choose from according to their preferences and needs. These include:
- AvaTradeGO: A mobile app that allows trading on the go with an intuitive interface and advanced features.
- WebTrader: A web-based platform that requires no download and provides easy access to the markets.
- MetaTrader 4: The most popular trading platform in the world that offers fast execution, custom indicators, automated trading, and more.
- MetaTrader 5: The latest version of the MetaTrader platform that offers more assets, more tools, more indicators, more timeframes, more order types, and more.
- AvaOptions: A platform that allows trading on vanilla options with flexible risk-reward profiles.
- AvaSocial: A platform that allows copying the trades of the world’s best traders and joining a social trading community.
- Orbex offers two main trading platforms for its clients to choose from according to their preferences and needs. These include:
- MetaTrader 4: The award-winning trading platform that offers fast execution, custom indicators, automated trading, and more.
- MetaTrader 5: The latest version of the MetaTrader platform that offers more assets, more tools, more indicators, more timeframes, more order types, and more.
AvaTrade vs Orbex Analytical Tools Comparison
- Both brokers provide their clients with various analytical tools to help them make informed trading decisions and improve their performance. These include:
- Educational resources: Both brokers offer a comprehensive learning center that offers educational videos, articles, webinars, ebooks, and courses for traders of all levels.
- Market analysis: Both brokers offer a daily publication that covers fundamental and technical analysis, daily trading signals, quarterly market projections, and educational content from the in-house investment research team.
- Research portals: Both brokers offer access to Trading Central, an award-winning research portal that provides a suite of market-scanning tools designed to help traders identify trading opportunities and optimize their strategy.
- The main differences between the analytical tools offered by AvaTrade and Orbex are:
- AvaTrade offers more educational resources than Orbex, such as AvaProtect (a risk management tool that protects trades from adverse market movements), DupliTrade (a social trading platform that allows copying the trades of successful traders), and SharpTrader (a premium educational website that offers exclusive content and analysis for AvaTrade clients).
- Orbex offers more market analysis than AvaTrade, such as Orbex TradeLab (a social trading platform that allows sharing and receiving trading ideas from other traders), Orbex Strategizer (an automated trading platform that allows creating and testing trading strategies without coding), and Orbex Web TV (a live streaming service that offers market news and commentary from professional analysts).
AvaTrade vs Orbex. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which broker is better, as each one has its own strengths and weaknesses. However, here are some possible factors that you may consider when choosing between AvaTrade and Orbex:
- Regulation: Both brokers are regulated by reputable authorities in different jurisdictions, which means they adhere to high standards of security, transparency, and customer protection. However, AvaTrade has more regulations than Orbex, which may give you more confidence and peace of mind when trading with them.
- Trading Assets: Both brokers offer a wide range of trading instruments across various asset classes, such as forex, stocks, commodities, indices, cryptocurrencies, and more. However, AvaTrade has more trading instruments than Orbex, which may give you more diversity and flexibility when trading with them.
- Trading Fees: Both brokers charge low or no commissions on their trades and offer tight spreads on their products. However, the exact fees may vary depending on the account type, platform, and market conditions. You may want to compare the fees of each broker for the specific products and platforms that you are interested in before making a decision.
- Account Types: Both brokers offer different types of accounts for different types of traders, such as retail, professional, Islamic, standard, premium, and VIP. However, the main differences are in the minimum deposits, spreads, commissions, leverage, and other features. You may want to choose an account type that suits your trading style, budget, and risk tolerance.
- Deposit and Withdrawal Options: Both brokers offer a variety of deposit and withdrawal options for their clients, such as credit/debit cards, bank wire transfers, e-wallets, and more. However, the availability and processing time of each option may vary depending on the country and currency. You may want to choose a broker that offers convenient and fast payment methods for your needs.
- Trading Platforms: Both brokers offer the popular MetaTrader 4 and MetaTrader 5 platforms for their clients, which are known for their fast execution, custom indicators, automated trading, and more. However, AvaTrade also offers other platforms such as AvaTradeGO, WebTrader, AvaOptions, and AvaSocial, which may provide additional features and benefits for your trading experience.
- Analytical Tools: Both brokers provide their clients with various analytical tools to help them make informed trading decisions and improve their performance. These include educational resources, market analysis, trading signals, research portals, and more. However, the quality and quantity of these tools may vary depending on the broker. You may want to choose a broker that offers reliable and comprehensive analytical tools for your needs.
Ultimately, the best way to decide which broker is better for you is to try them out yourself. You can open a demo account with each broker and test their services and features without risking any real money. This way, you can get a feel of how each broker operates and see which one meets your expectations.
