FBS vs Orbex Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of FBS and Orbex
| Broker | FBS | Orbex |
|---|---|---|
| Rating | 4.3/5 | 3.6/5 |
| Foundation Year | 2007 | 2009 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa | Mauritius, Seychelles, Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FBS Review | Orbex Review |
FBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.
Broker Orbex is suitable for novice traders due to educational materials and for experienced investors seeking a variety of markets.
FBS Review
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
FBS is in the top 10 of the following ratings:
Orbex Review
Broker Orbex offers various trading instruments, account types, and extensive analytical and educational materials. These factors make it an attractive choice for novice traders seeking educational resources and experienced investors who require access to various markets.
Orbex can be a good choice for those looking for diversity in trading opportunities and value educational resources.
Pros and Cons of Orbex
Pros
- Extensive educational materials.
- Analytical reviews and forecasts from experienced analysts.
- Availability of PAMM accounts.
- A wide range of trading assets.
Cons
- Lack of stringent regulation.
- Above-average commissions.
- Mixed reviews about customer support.
Reliability
| Broker | FBS | Orbex |
|---|---|---|
| Reliability | 5/5 | 3/5 |
| Foundation Year | 2007 | 2009 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa | Mauritius, Seychelles, Saint Vincent and the Grenadines |
| Regulators | BFSC BFSC CySEC CySEC ASIC ASIC FSCA FSCA | FSC FSC SFSA SFSA SVGFSA SVGFSA |
FBS
FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.
Orbex
Orbex is regulated by the FSA and FSC, but the absence of oversight by strict regulators may raise trust issues.
Pros
- Presence in the international market.
Cons
- Lack of oversight by strict Forex broker regulators.
Account Opening
| Broker | FBS | Orbex |
|---|---|---|
| Account Opening | 4.5/5 | 4.5/5 |
| Minimum Deposit |
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FBS
The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.
Orbex
Opening an account with Orbex is simple and structured, but requires attention to detail.
Pros
- Easy online registration process.
- Fast verification if documents are in English.
Cons
- Requirement for detailed profile completion.
- Necessity to upload several documents.
Account Types
| Broker | FBS | Orbex |
|---|---|---|
| Account Types | 3/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FBS
FBS offers only one trading account but with additional services.
Pros
- Availability of demo accounts for practice.
- The possibility of automated trading.
Cons
- Lack of investment accounts (PAMM, copy trading).
- Insufficient variety of trading accounts.
Orbex
Orbex offers a variety of accounts that satisfy most traders.
Pros
- Wide selection of accounts for different levels of experience.
- Additional options such as VPS and PAMM accounts.
- Opportunity to trade without swaps.
Cons
- Absence of cent accounts.
- No accounts with fixed spreads.
Commissions
| Broker | FBS | Orbex |
|---|---|---|
| Commissions | 3.5/5 | 1.5/5 |
| Spread | from 0.7 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.5 |
| Commission per Lot | $4 |
FBS
FBS's commissions are average for the market.
Pros
- Low spreads.
Cons
- Possible withdrawal fees in the absence of trading activity.
Orbex
Orbex's commissions are higher than the market average.
Pros
- No commissions for depositing or withdrawing funds.
Cons
- High transaction commission on Premium accounts.
- Above-average swap costs.
- Inactivity fee.
Deposit and Withdrawal
| Broker | FBS | Orbex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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FBS
FBS offers many deposit and withdrawal methods with high flexibility and accessibility.
Orbex
Orbex offers convenient and fast methods for depositing and withdrawing without commissions.
Pros
- Wide selection of methods.
- No commissions.
- Fast processing of most operations.
Markets and Products
| Broker | FBS | Orbex |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 43 | 36 |
| Precious Metals | 8 | 4 |
| Energy Carriers | 3 | 1 |
| Indices | 11 | 5 |
| Stocks | 480 | 146 |
| Cryptocurrency | 5 | 11 |
| Soft Commodities | - | 3 |
FBS
FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.
Orbex
Orbex offers a variety of markets and products with flexible leverage.
Trading Platforms
| Broker | FBS | Orbex |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
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FBS
FBS has a wide choice of trading platforms, meeting the needs of different traders.
Orbex
Orbex offers MT4 and MT5, providing good functionality and accessibility.
Pros
- Availability of MT4 and MT5.
- Accessibility on different devices.
- Wide range of functionalities.
Cons
- Lack of WebTrader versions.
- No alternative to MetaTrader.
Analytics
| Broker | FBS | Orbex |
|---|---|---|
| Rating | 5/5 | 5/5 |
FBS
FBS offers extensive and high-quality analytical tools that contribute to effective trading.
Orbex
Orbex offers high-quality analytics with extensive tools and expert reports.
Pros
- Comprehensive market analysis.
- Use of AI and algorithms.
- Live streams and expert reports.
Education
| Broker | FBS | Orbex |
|---|---|---|
| Rating | 5/5 | 4/5 |
FBS
FBS provides comprehensive educational materials suitable for traders at all levels.
Orbex
Orbex offers a variety of educational materials, including webinars and books.
Pros
- Webinars and seminars in different languages.
- Free e-books.
- Video tutorials on working with MT4.
Cons
- No personalized training.
Customer Support
| Broker | FBS | Orbex |
|---|---|---|
| Rating | 5/5 | 3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Messenger
Viber
Line
Telegram
Whatsapp
Facebook
Instagram
YouTube
Twitter
LinkedIn
TikTok
Pinterest
Google NewsFBS
The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.
Orbex
Orbex's customer support has mixed reviews.
Pros
- 24/7 operation.
- A variety of communication channels.
- Quick response in some cases.
Cons
- Variable quality of service.
