Compare Orbex vs NSFX
What is Orbex? What is NSFX?
Orbex is a forex and CFD broker that was founded in 2011 and is regulated by the MFSA in Malta. Orbex offers trading on various assets, such as currencies, commodities, indices, and stocks, using the MetaTrader 4 and MetaTrader 5 platforms. Orbex also provides daily market analysis, educational resources, and access to the Trading Central research portal.
NSFX is also a forex and CFD broker that was established in 2011 and is regulated by the MFSA in Malta. NSFX offers trading on similar assets as Orbex, using the MetaTrader 4 and MetaTrader 5 platforms, as well as its own proprietary platform, NSFX JForex. NSFX also provides daily market analysis, educational resources, and negative balance protection.
Orbex vs NSFX Regulation Comparison
Both Orbex and NSFX are regulated by the Malta Financial Services Authority (MFSA), which is a reputable regulator that complies with the EU’s MiFID directive. This means that both brokers have to adhere to high standards of transparency, security, and investor protection. Both brokers also contribute to the Maltese Investor Compensation Scheme, which covers up to €20,000 of client funds in case of insolvency.
Orbex vs NSFX Trading Assets Comparison
Both Orbex and NSFX offer a wide range of trading assets, including forex, commodities, indices, and stocks. However, Orbex has a slightly larger selection of assets than NSFX. For example, Orbex offers over 50 currency pairs, while NSFX offers only 40. Orbex also offers more commodities and indices than NSFX.
Orbex vs NSFX Trading Fees Comparison
Both Orbex and NSFX charge competitive trading fees, which depend on the account type and the trading platform chosen by the client. Both brokers offer zero-spread accounts with commissions per trade, as well as standard accounts with variable spreads and no commissions.
However, Orbex has lower commissions than NSFX on its zero-spread accounts ($1 per side vs $2 per side). On the other hand, NSFX has lower minimum deposits than Orbex on its standard accounts ($300 vs $500).
Orbex vs NSFX Account Types Comparison
Both Orbex and NSFX offer three main account types: standard, premium, and VIP. The main differences between these account types are the minimum deposits, the spreads, the commissions, and the leverage levels. Both brokers also offer Islamic accounts for clients who follow Sharia law.
Orbex vs NSFX Deposit Options Comparison
Both Orbex and NSFX offer a variety of deposit and withdrawal options for their clients, such as credit cards, debit cards, bank transfers, e-wallets, and online payment systems. However, Orbex has more options than NSFX in terms of e-wallets and online payment systems. For example, Orbex accepts Skrill, Neteller, WebMoney, FasaPay, UnionPay, KNET, MPESA, etc., while NSFX only accepts Skrill and Neteller.
Orbex vs NSFX Trading Platforms Comparison
Both Orbex and NSFX offer the popular MetaTrader 4 and MetaTrader 5 platforms for their clients. These platforms are user-friendly, fast, reliable, and compatible with various devices and operating systems. They also support multiple languages, charting tools, indicators, expert advisors, etc..
In addition to the MetaTrader platforms, NSFX also offers its own proprietary platform called NSFX JForex. This platform is based on the ECN and STP technology that provides exceptional execution under any market conditions. It also offers tight spreads due to the deep liquidity from Tier 1 providers.
Orbex vs NSFX Analytical Tools Comparison
Both Orbex and NSFX provide their clients with daily market analysis from their in-house research teams. These teams consist of experienced traders, analysts, economists, and specialists who cover fundamental and technical analysis, trading signals, market projections, educational content, etc..
Additionally, Orbex offers its clients access to the Trading Central research portal, which is an award-winning service that provides a suite of market-scanning tools designed to help traders identify trading opportunities and improve their strategy.
Orbex vs NSFX. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, preferences, goals, and risk appetite. There is no definitive answer to which broker is better, as both Orbex and NSFX have their own strengths and weaknesses. The best forex broker for you depends on your personal preferences, trading style, goals and needs. You can do more research, read reviews, try a demo account or even open a live account with both brokers to see which broker meets your expectations and requirements.
