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Compare FXGiants vs Orbex. Should trade at FXGiants or Orbex?

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30 August, 2023
in Compare, Compare Forex Brokers
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FXGiantsOrbex

Table of contents

  1. Compare FXGiants vs Orbex
  2. What is FXGiants? What is Orbex?
  3. FXGiants vs Orbex Regulation Comparison
  4. FXGiants vs Orbex Trading Assets Comparison
  5. FXGiants vs Orbex Trading Fees Comparison
  6. FXGiants vs Orbex Account Types Comparison
  7. FXGiants vs Orbex Deposit Options Comparison
  8. FXGiants vs Orbex Trading Platforms Comparison
  9. FXGiants vs Orbex Analytical Tools Comparison
  10. FXGiants vs Orbex. Which forex broker is better? Which forex broker should you choose?

Compare FXGiants vs Orbex

What is FXGiants? What is Orbex?

FXGiants is a trading name of Notesco Limited, a company registered in Bermuda that offers online trading services on forex, metals, indices, commodities, and stocks. FXGiants claims to have over 200 instruments, 6 account types, and various bonuses and promotions for its clients.

Orbex is a trading name of Orbex Group Limited, a company registered in Mauritius that offers online trading services on forex, metals, energies, indices, and stocks. Orbex claims to have tight spreads from 0.0 pips, ultra-fast execution, and award-winning research for its clients.

FXGiants vs Orbex Regulation Comparison

FXGiants is regulated by the Bermuda Monetary Authority (BMA) with license number 51491. FXGiants also has a subsidiary company, CIFOI Limited, that is regulated by the Gibraltar Financial Services Commission (GFSC) with license number FSC1353B.

Orbex is regulated by the Financial Services Commission (FSC) of Mauritius with license number C113012295. Orbex also has a subsidiary company, Orbex Limited, that is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 124/10.

FXGiants vs Orbex Trading Assets Comparison

FXGiants offers over 200 trading instruments across 6 asset classes: forex (50+ currency pairs), metals (gold and silver), indices (14 major global indices), commodities (oil and natural gas), futures (4 contracts), and stocks (120+ US and EU shares).

Orbex offers over 100 trading instruments across 5 asset classes: forex (36 currency pairs), metals (gold and silver), energies (oil and natural gas), indices (12 major global indices), and stocks (50+ US shares).

FXGiants vs Orbex Trading Fees Comparison

FXGiants charges different fees depending on the account type chosen by the client. The fees include spreads, commissions, swaps, and inactivity fees. The spreads vary from fixed to variable, and from 0.0 pips to 2.2 pips. The commissions range from $0 to $18 per lot round turn. The swaps are based on the market rates and are subject to change. The inactivity fee is $15 per month after 12 months of no trading activity.

Orbex charges different fees depending on the account type chosen by the client. The fees include spreads, commissions, swaps, and inactivity fees. The spreads vary from fixed to variable, and from 0.0 pips to 1.9 pips. The commissions range from $0 to $10 per lot round turn. The swaps are based on the market rates and are subject to change. The inactivity fee is $10 per month after 6 months of no trading activity.

FXGiants vs Orbex Account Types Comparison

FXGiants offers 6 account types for its clients: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero. The minimum deposit required for each account type ranges from $100 to $500. The maximum leverage available for each account type ranges from 1:30 to 1:1000.

Orbex offers 4 account types for its clients: Standard Fixed Spread, Premium Fixed Spread, Standard Variable Spread, and Premium Variable Spread. The minimum deposit required for each account type ranges from $200 to $5000. The maximum leverage available for each account type ranges from 1:30 to 1:500.

FXGiants vs Orbex Deposit Options Comparison

FXGiants accepts various deposit and withdrawal methods for its clients, such as credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller, FasaPay), and cryptocurrencies (Bitcoin). The processing time for deposits is usually instant or within one business day. The processing time for withdrawals is usually within one business day or up to five business days depending on the method used.

Orbex accepts various deposit and withdrawal methods for its clients, such as credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller), local payment methods (KNET), and cryptocurrencies (Bitcoin). The processing time for deposits is usually instant or within one business day. The processing time for withdrawals is usually within one business day or up to five business days depending on the method used.

FXGiants vs Orbex Trading Platforms Comparison

FXGiants offers the MetaTrader 4 (MT4) platform for its clients, which is a popular and user-friendly platform that supports various features such as multiple chart types, technical indicators, automated trading, and mobile trading. FXGiants also provides a web-based version of the MT4 platform that can be accessed from any browser without downloading any software.

Orbex offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for its clients, which are both popular and user-friendly platforms that support various features such as multiple chart types, technical indicators, automated trading, and mobile trading. Orbex also provides web-based versions of the MT4 and MT5 platforms that can be accessed from any browser without downloading any software.

FXGiants vs Orbex Analytical Tools Comparison

FXGiants and Orbex both provides various analytical tools for its clients, such as economic calendar, market news, market outlook, trading signals, technical analysis, and educational resources. Both also offers access to Trading Central, a leading provider of market research and analysis that offers various tools such as technical analysis reports, market commentary, trading strategies, and indicators.

FXGiants vs Orbex. Which forex broker is better? Which forex broker should you choose?

Different forex brokers may suit different traders depending on their preferences, goals, and strategies. There is no definitive answer to which forex broker is better or which one you should choose, as it depends on various factors such as your trading style, experience level, risk appetite, and personal needs. You should do your own research and analysis and make your own decision based on your personal situation and goals.

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