Compare Trading212 vs Orbex
What is Trading212? What is Orbex?
Trading212 is a fintech company that offers commission-free investing in stocks, ETFs, forex, commodities, and more. It has over 14 million downloads of its mobile app and operates in the UK and Europe.
Orbex is a forex broker that offers trading in CFDs, commodities, indices, and stocks. It has a long-standing history since 2011 and provides ultra-fast execution, negative balance protection, and award-winning research.
Trading212 vs Orbex Regulation Comparison
Trading212 is regulated by various authorities across Europe, such as the Financial Conduct Authority (FCA) in the UK, the Financial Supervision Commission (FSC) in Bulgaria, and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Orbex is also regulated by CySEC and follows the European Union’s Markets in Financial Instruments Directive (MiFID) standards. It is also a member of the Investor Compensation Fund (ICF), which protects client funds up to €20,000.
Trading212 vs Orbex Trading Assets Comparison
Trading212 offers access to over 12,000 global stocks and ETFs from various exchanges, such as NYSE, NASDAQ, London Stock Exchange, Euronext Paris, Deutsche Börse Xetra, and more. It also offers forex trading with over 150 currency pairs and commodities trading with metals, oil, and gas.
Orbex offers forex trading with over 50 currency pairs and commodities trading with metals, oil, gas, and agricultural products. It also offers CFDs trading on indices and stocks from major markets, such as US30, SPX500, UK100, GER30, FRA40, JPN225, and more.
Trading212 vs Orbex Trading Fees Comparison
Trading212 does not charge any commissions or fees for investing in stocks and ETFs. It also does not charge any fees for deposits or withdrawals. However, it does charge a currency conversion fee of 0.15% for transactions involving different currencies. It also applies a spread to forex and commodities trading, which varies depending on the market conditions.
Orbex charges a commission of $1 per side for its zero spread account, which offers spreads from 0.0 pips on forex and commodities trading. It also charges a swap fee for holding positions overnight. It does not charge any fees for deposits or withdrawals. However, it does charge a currency conversion fee of 2% for transactions involving different currencies.
Trading212 vs Orbex Account Types Comparison
Trading212 offers two types of accounts: Invest and CFD. The Invest account allows users to buy and sell stocks and ETFs without leverage or short selling. The CFD account allows users to trade with leverage up to 1:30 on forex and commodities and up to 1:5 on stocks and ETFs. Users can also short sell assets with the CFD account.
Orbex offers four types of accounts: Standard Fixed Spread Account (STP), Standard Variable Spread Account (STP), Premium Account (ECN), and Zero Spread Account (ECN). The STP accounts offer fixed or variable spreads from 1.9 pips on forex and commodities trading without commissions. The ECN accounts offer spreads from 0.0 pips on forex and commodities trading with commissions of $6 or $2 per lot respectively. The ECN accounts also offer higher leverage up to 1:500 on forex and commodities and up to 1:20 on stocks and indices.
Trading212 vs Orbex Deposit Options Comparison
Trading212 supports various deposit and withdrawal options, such as bank transfers, credit/debit cards, Skrill, PayPal, Dotpay, Giropay, Google Pay, Apple Pay, iDeal, Sofort, Trustly, Klarna/Sofort Banking/Instant Bank Transfer/PayNow/Przelewy24/PayU/TrustPay/Neteller/Paysafecard/Revolut/MuchBetter/TransferWise/Moneybookers/SafetyPay/CashU/Qiwi Wallet/WebMoney/ePay.bg/Euteller/Nordea Solo/Neosurf/AstroPay Card/AstroPay Direct/Boku/Multibanco/Pago Fácil/Rapi Pago/ServiPag/Boleto Bancário/Bank Wire Transfer/Cheque/Money Order/Western Union/MoneyGram/Bitcoin/Ethereum/Litecoin/Ripple/Dash/Zcash/Monero/Dogecoin/Stellar Lumens/Cardano/Tron/EOS/NEO/IOTA/NEM/Qtum/OmiseGo/Lisk/Waves/Stratis/Augur/Golem/Siacoin/Basic Attention Token/Civic/District0x/Status/0x/Bancor/Decentraland/FunFair/Storj/Edgeless/Salt/Populous/Metal/TenX/PayPie/Aragon/FirstBlood/Melon/SingularDTV/DigixDAO/Iconomi/Gnosis/MakerDAO and more.
Orbex supports fewer deposit and withdrawal options, such as bank transfers, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, K-net, and Orbex prepaid card. The Orbex prepaid card is only available for clients residing in Palestine and the Gulf region. It allows users to deposit and withdraw funds instantly and earn interest on their uninvested cash.
Trading212 vs Orbex Trading Platforms Comparison
Trading212 uses the MetaTrader 4 and MetaTrader 5 platforms, which are the most popular and widely used trading platforms in the world. They offer fast and reliable execution, user-friendly interface, advanced charting and analysis tools, automated trading, and mobile trading. Users can access the platforms on Android, iOS, Windows, and Mac OS devices.
Orbex also uses the MetaTrader 4 and MetaTrader 5 platforms, which offer the same features and benefits as Trading212. Users can also access the platforms on Android, iOS, Windows, and Mac OS devices.
Trading212 vs Orbex Analytical Tools Comparison
Trading212 provides daily market analysis, educational content, and a demo account for users to practice their trading skills. It also offers a pie and auto-invest feature, which allows users to create a diversified portfolio of assets and automate their investments according to their financial goals.
Orbex provides daily market analysis, educational content, webinars, seminars, and a demo account for users to practice their trading skills. It also offers access to the Trading Central research portal, which is a suite of market-scanning tools that help users identify trading opportunities and improve their strategy.
Trading212 vs Orbex. 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, goals, preferences, and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders. However, here are some possible factors that you may want to consider:
- Trading212 offers commission-free investing in stocks and ETFs, which may appeal to traders who want to diversify their portfolio and invest in long-term assets. Orbex does not offer this option, but it does offer CFDs trading on indices and stocks, which may appeal to traders who want to speculate on short-term price movements of these assets.
- Trading212 does not charge any fees for deposits or withdrawals, which may appeal to traders who want to save on transaction costs. Orbex does not charge any fees for deposits or withdrawals either, but it does charge a currency conversion fee of 2% for transactions involving different currencies, which may be higher than Trading212’s currency conversion fee of 0.15%.
- Trading212 offers a pie and auto-invest feature, which allows users to create a diversified portfolio of assets and automate their investments according to their financial goals. This may appeal to traders who want to simplify their trading process and follow a passive investing strategy. Orbex does not offer this feature, but it does offer access to the Trading Central research portal, which is a suite of market-scanning tools that help users identify trading opportunities and improve their strategy. This may appeal to traders who want to enhance their trading skills and follow an active trading strategy.
- Trading212 and Orbex both use the MetaTrader 4 and MetaTrader 5 platforms, which are the most popular and widely used trading platforms in the world. They offer fast and reliable execution, user-friendly interface, advanced charting and analysis tools, automated trading, and mobile trading. Users can access the platforms on Android, iOS, Windows, and Mac OS devices. However, some users may prefer other platforms that offer more features or customization options, such as cTrader, NinjaTrader, or TradeStation.
Ultimately, the best way to decide which forex broker is better for you is to try them out yourself. You can open a demo account with both Trading212 and Orbex and test their services and features with virtual money. You can also read reviews from other traders who have used these brokers and learn from their experiences. You should always do your own research before choosing a forex broker and make sure that they are regulated by reputable authorities and protect your funds and data.
