Compare JustForex vs Orbex
What is JustForex? What is Orbex?
JustForex and Orbex are both online forex and CFD brokers.
JustForex vs Orbex Overall Comparison
In terms of overall comparison, both JustForex and Orbex offer competitive trading conditions, reliable customer support, and a range of trading platforms to choose from. However, there are differences between the two brokers which we will explore.
JustForex vs Orbex Regulation Comparison
JustForex is regulated by the International Financial Services Commission (IFSC) in Belize, while Orbex is regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is generally considered to be a more stringent regulatory body.
JustForex vs Orbex Trading Assets Comparison
Both JustForex and Orbex offer a wide range of trading assets, including forex currency pairs, commodities, indices, and CFDs. However, JustForex offers a wider selection of cryptocurrency CFDs.
JustForex vs Orbex Trading Fees Comparison
Trading fees also differ between the two brokers. JustForex charges lower spreads on some of its account types, while Orbex offers commission-free trading on certain account types.
JustForex vs Orbex Account Types Comparison
Account types also differ between JustForex and Orbex. JustForex offers six different account types, while Orbex offers five. Both brokers also offer Islamic account options.
JustForex vs Orbex Trading Conditions Comparison
Trading conditions can also vary between JustForex and Orbex. For example, JustForex offers higher leverage on some of its account types, while Orbex offers negative balance protection on its accounts.
JustForex vs Orbex Deposit Options Comparison
Deposit and withdrawal options are similar between the two brokers, with a range of payment methods available such as bank transfers, credit/debit cards, and e-wallets.
JustForex vs Orbex Trading Platforms Comparison
Both JustForex and Orbex offer multiple trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as their own proprietary platforms.
JustForex vs Orbex Analytical Tools Comparison
Analytical tools also vary between the two brokers. JustForex provides traders with a range of technical analysis tools, including a trading calculator and economic calendar. Orbex offers access to Trading Central, a comprehensive technical analysis tool.
JustForex vs Orbex Educational Resources Comparison
Finally, educational resources are different between JustForex and Orbex. JustForex offers a range of free educational materials, including webinars and a trading academy. Orbex offers a similar range of educational resources, including video tutorials and webinars, as well as a range of ebooks.
Which offers better pricing – JustForex or Orbex
Pricing can vary depending on the account type, trading instrument, and market conditions. Generally, JustForex offers competitive pricing on its Standard and ECN Zero accounts, while Orbex offers commission-free trading on its Classic account.
Which broker offers more security when trading Forex and CFDs?
Both JustForex and Orbex are regulated brokers, which means they need to adhere to strict standards set by their regulatory bodies. JustForex is regulated by the International Financial Services Commission (IFSC) in Belize, while Orbex is regulated by the Cyprus Securities and Exchange Commission (CySEC). Both regulators are reputable and well-respected.
Which broker offers the superior trading platform?
JustForex offers a range of trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as their own proprietary platform. Orbex also offers the MetaTrader 4 platform, as well as the Orbex WebTrader platform. It’s difficult to say which trading platform is superior as it depends on the individual trader’s preferences.
Do these brokers both offer MetaTrader?
Yes, both JustForex and Orbex offer MetaTrader 4 as a trading platform option, and JustForex also offers MetaTrader 5.
How many Forex pairs can you expect from these brokers?
JustForex offers more than 80 Forex currency pairs, while Orbex offers more than 50. However, it’s important to note that both brokers offer a wide range of other trading instruments, such as commodities, indices, and CFDs.
Is it safe to trade with JustForex?
Yes, it is generally safe to trade with JustForex. The broker is regulated by the IFSC, which is an internationally recognized regulatory body. Additionally, JustForex uses SSL encrypted communication to protect its clients’ personal and financial data.
Is it safe to trade with Orbex?
Yes, it is generally safe to trade with Orbex. The broker is regulated by CySEC, which is a very reputable regulatory body. Additionally, Orbex offers negative balance protection and uses SSL encryption to protect its clients’ personal and financial data.
Is JustForex a good broker?
JustForex is generally considered to be a good broker, offering competitive trading conditions and a range of trading platforms to choose from. However, it’s important to note that there have been some negative reviews online about the broker’s customer support in the past.
Is Orbex a good broker?
Orbex is also considered to be a good broker, offering a range of trading products and services as well as a choice of trading platforms. However, there have also been some negative reviews online about the broker’s customer support in the past.
JustForex vs Orbex. Which forex broker is better? Which forex broker should you choose?
Determining which forex broker is better between JustForex and Orbex ultimately depends on your individual trading needs and preferences. Both brokers offer a range of trading products and services, competitive trading conditions, and user-friendly trading platforms.
If you value a wide range of cryptocurrency CFDs, JustForex may be a better option for you. JustForex also offers higher leverage on some of its account types, which can be attractive for traders who want to take larger positions with a smaller investment.
On the other hand, if you value commission-free trading on certain account types, Orbex may be a better option for you. Orbex is also regulated by the Cyprus Securities and Exchange Commission (CySEC), which is generally considered to be a more stringent regulatory body than the International Financial Services Commission (IFSC) in Belize, where JustForex is regulated.
Ultimately, it is important to carefully consider your trading needs and do your own research when choosing between JustForex and Orbex.
