Compare SuperForex vs Orbex
What is SuperForex? What is Orbex?
SuperForex is a forex broker that was established in 2013 and is regulated by the IFSC (Belize). It offers trading on various instruments, such as forex, CFDs, indexes, gold, silver, crypto, stocks, oil, metals, energies, futures, ETFs, options, agriculture, indices, commodities and bonds. It has a minimum deposit of $1 and a maximum leverage of 1:1000. It also offers various bonuses, contests, free education and analytical tools to its clients.
Orbex is a forex broker that was established in 2009 and is regulated by the FCA (UK), CySEC (Cyprus), CNMV (Spain), Banque de France (France), CONSOB (Italy) and ESMA (France). It offers trading on forex, CFDs, indexes, gold, silver, crypto and stocks. It has a minimum deposit of $200 and a maximum leverage of 1:500. It also offers various account types, deposit and withdrawal options, trading platforms and analytical tools to its clients.
SuperForex vs Orbex Regulation Comparison
Both SuperForex and Orbex are regulated brokers, but Orbex has more licenses from reputable authorities than SuperForex.
- SuperForex is only regulated by the IFSC (Belize), which is not a very strict regulator and does not offer much protection to traders.
- Orbex is regulated by the FCA (UK), CySEC (Cyprus), CNMV (Spain), Banque de France (France), CONSOB (Italy) and ESMA (France), which are all well-known regulators that impose high standards of conduct and provide compensation schemes for traders in case of broker insolvency or misconduct.
SuperForex vs Orbex Trading Assets Comparison
SuperForex offers more trading assets than Orbex, as it covers a wider range of markets and instruments.
- SuperForex offers trading on 400+ currency pairs, 34 CFDs on futures, 182 CFDs on shares, 10 CFDs on indexes, 6 CFDs on metals, 4 CFDs on energies, 50+ cryptocurrencies, 43 ETFs, 8 options and 18 agricultural commodities.
- Orbex offers trading on 36 currency pairs, 11 CFDs on futures, 3 CFDs on indexes and 5 cryptocurrencies.
SuperForex vs Orbex Trading Fees Comparison
Both SuperForex and Orbex charge variable spreads on their trades, but SuperForex has lower spreads than Orbex on average.
SuperForex claims to offer spreads from 0 pips on its ECN accounts and from 2 pips on its standard accounts. Orbex claims to offer spreads from 0.8 pips on its standard accounts and from 0 pips on its ECN accounts.
However, the actual spreads may vary depending on market conditions and account types. Both brokers also charge commissions on some of their accounts. SuperForex charges $0.01 per lot on its ECN accounts. Orbex charges $5 per lot on its ECN accounts.
SuperForex vs Orbex Account Types Comparison
SuperForex offers more account types than Orbex, as it caters to different levels of traders and preferences.
SuperForex offers six account types: Standard ($1 minimum deposit), Swap-Free ($1 minimum deposit), No Spread ($1 minimum deposit), Micro Cent ($1 minimum deposit), Profi STP ($5 minimum deposit) and Crypto ($100 minimum deposit).
Orbex offers four account types: Standard ($200 minimum deposit), Premium ($5,000 minimum deposit), VIP ($25,000 minimum deposit) and Copy Trading ($500 minimum deposit).
SuperForex vs Orbex Deposit Options Comparison
Both SuperForex and Orbex offer various deposit and withdrawal options to their clients, but SuperForex has more options than Orbex.
SuperForex accepts deposits and withdrawals via Skrill, Wire transfer, Credit / debit cards, Neteller, UnionPay, Perfect Money, Local bank transfer, FasaPay, Crypto, Litecoin, Dash, Ethereum, Zcash, Ripple, bitwallet, Dogecoin, AstroPay and M-Pesa.
Orbex accepts deposits and withdrawals via WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, FasaPay, Tether (USDT) and Perfect Money.
SuperForex vs Orbex Trading Platforms Comparison
Both SuperForex and Orbex offer MetaTrader 4 as their main trading platform, but Orbex has a limited version of it. SuperForex offers the full version of MetaTrader 4, which supports one-click trading, trailing stop, pending orders and automated trading. Orbex offers a limited version of MetaTrader 4, which expires after 30 days of inactivity and does not support automated trading.
Orbex also offers another trading platform called ETX TraderPro, which is a proprietary web-based platform that supports trailing stop and pending orders.
SuperForex vs Orbex Analytical Tools Comparison
Both SuperForex and Orbex offer various analytical tools to their clients, such as market news, economic calendar, trading signals, webinars and educational materials. However, SuperForex has more tools than Orbex, as it also offers pattern recognition, technical analysis, forex copy, forex TV and forex chat. Orbex only offers market news, economic calendar, trading signals, webinars and educational materials.
SuperForex vs Orbex. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading style, goals and risk appetite. Friend. However, you can consider some of the following factors:
- If you are looking for a more regulated and reputable broker, Orbex may be a better choice than SuperForex, as it has more licenses from well-known authorities and offers more protection to traders.
- If you are looking for a more diverse and flexible broker, SuperForex may be a better choice than Orbex, as it offers more trading assets, account types, deposit and withdrawal options, trading platforms and analytical tools.
- If you are looking for a more cost-effective and competitive broker, SuperForex may be a better choice than Orbex, as it has lower spreads and commissions on average and offers various bonuses and contests to its clients.
- If you are looking for a more user-friendly and reliable broker, Orbex may be a better choice than SuperForex, as it offers a full version of MetaTrader 4 and a proprietary web-based platform that do not expire or limit your trading features.
Ultimately, the best way to decide which forex broker is better or which one you should choose is to try them out yourself. You can open demo accounts with both SuperForex and Orbex and test their services and features before committing to a real account. You can also read reviews from other traders who have experience with both brokers and learn from their insights and feedback.
