Broker comparison

FBS vs Orbex Comparison

Compare trading conditions, commissions and platforms of Forex brokers FBS and Orbex. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FBSHigher ranked
Rating
4.3/5
Rank
#22
Register

Trading CFDs carries high risks. You may lose all invested funds

Orbex
Rating
3.6/5
Rank
#65
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - FBS or Orbex?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FBS ranks higher in the editorial ranking.
FBS
Rating: 4.3/5Rank: #22
Orbex
Rating: 3.6/5Rank: #65

FBS

Minimum deposit · USD
5 USD
Different platforms
  • FBS Trader
Different markets
None listed

Orbex

Minimum deposit · USD
100 USD
Different platforms
None listed
Different markets
  • Soft Commodities

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of FBS and Orbex

Swipe the table left or right to view all data.

Overview: comparison of FBS, Orbex
BrokerFBSOrbex
Foundation Year20082010
Regulated in CountriesBelize, Cyprus, Australia, South AfricaMauritius, Seychelles, Saint Vincent and the Grenadines
Minimum Deposit
  • 5 EUR
  • 5 USD
  • 100 USD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
ReviewFBS ReviewOrbex Review

FBS Review

FBS Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5FBS Trader
compare FBS trading accounts

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

  1. Regulated by major international organizations.
  2. Low spreads and commissions.
  3. Wide range of trading assets.
  4. Extensive database of educational materials and analytical tools.
  5. Support for various trading platforms.

Cons

  1. Limited choice of trading accounts.
  2. Limited choice of account currency.

FBS is in the top 10 of the following ratings:

Orbex Review

Orbex Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare Orbex trading accounts

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

  1. Extensive educational materials.
  2. Analytical reviews and forecasts from experienced analysts.
  3. Availability of PAMM accounts.
  4. A wide range of trading assets.

Cons

  1. Lack of stringent regulation.
  2. Above-average commissions.
  3. Mixed reviews about customer support.

Reliability

Swipe the table left or right to view all data.

Reliability: comparison of FBS, Orbex
BrokerFBSOrbex
Reliability
5/5
3/5
Foundation Year20082010
Regulated in CountriesBelize, Cyprus, Australia, South AfricaMauritius, Seychelles, Saint Vincent and the Grenadines
Regulators

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

  1. Presence in the international market.

Cons

  1. Lack of oversight by strict Forex broker regulators.

Account Opening

Swipe the table left or right to view all data.

Account Opening: comparison of FBS, Orbex
BrokerFBSOrbex
Account Opening
4.5/5
4.5/5
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 100 USD

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

  1. Easy online registration process.
  2. Fast verification if documents are in English.

Cons

  1. Requirement for detailed profile completion.
  2. Necessity to upload several documents.

Account Types

Swipe the table left or right to view all data.

Account Types: comparison of FBS, Orbex
BrokerFBSOrbex
Account Types
3/5
3.8/5
Trading Accounts
  • Standard
  • Starter
  • Premium
  • Ultimate
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 100 USD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

FBS

FBS offers only one trading account but with additional services.

Pros

  1. Availability of demo accounts for practice.
  2. The possibility of automated trading.

Cons

  1. Lack of investment accounts (PAMM, copy trading).
  2. Insufficient variety of trading accounts.

Orbex

Orbex offers a variety of accounts that satisfy most traders.

Pros

  1. Wide selection of accounts for different levels of experience.
  2. Additional options such as VPS and PAMM accounts.
  3. Opportunity to trade without swaps.

Cons

  1. Absence of cent accounts.
  2. No accounts with fixed spreads.

Commissions

Swipe the table left or right to view all data.

Commissions: comparison of FBS, Orbex
BrokerFBSOrbex
Commissions
3.5/5
1.5/5
Spreadfrom 0.7 pointsfrom 0 points
Average Spread (EURUSD)0.91.5
CommissionNo dataper 1 lot$4.00

FBS

FBS's commissions are average for the market.

Pros

  1. Low spreads.

Cons

  1. Possible withdrawal fees in the absence of trading activity.

Orbex

Orbex's commissions are higher than the market average.

Pros

  1. No commissions for depositing or withdrawing funds.

Cons

  1. High transaction commission on Premium accounts.
  2. Above-average swap costs.
  3. Inactivity fee.

Deposit and Withdrawal

Swipe the table left or right to view all data.

Deposit and Withdrawal: comparison of FBS, Orbex
BrokerFBSOrbex
Rating
5/5
5/5
Account Funding Methods
  • Neteller
  • Skrill
  • SticPay
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • FasaPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Przelewy24

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

  1. Wide selection of methods.
  2. No commissions.
  3. Fast processing of most operations.

Markets and Products

Swipe the table left or right to view all data.

Markets and Products: comparison of FBS, Orbex
BrokerFBSOrbex
Markets and Products
4/5
5/5
Forex4336
Precious Metals84
Energy Carriers31
Indices115
Stocks480146
Cryptocurrency511
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

Swipe the table left or right to view all data.

Trading Platforms: comparison of FBS, Orbex
BrokerFBSOrbex
Rating
4.5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5

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

  1. Availability of MT4 and MT5.
  2. Accessibility on different devices.
  3. Wide range of functionalities.

Cons

  1. Lack of WebTrader versions.
  2. No alternative to MetaTrader.

Analytics

Swipe the table left or right to view all data.

Analytics: comparison of FBS, Orbex
BrokerFBSOrbex
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

  1. Comprehensive market analysis.
  2. Use of AI and algorithms.
  3. Live streams and expert reports.

Education

Swipe the table left or right to view all data.

Education: comparison of FBS, Orbex
BrokerFBSOrbex
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

  1. Webinars and seminars in different languages.
  2. Free e-books.
  3. Video tutorials on working with MT4.

Cons

  1. No personalized training.

Customer Support

Swipe the table left or right to view all data.

FBS

The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.

Orbex

Orbex's customer support has mixed reviews.

Pros

  1. 24/7 operation.
  2. A variety of communication channels.
  3. Quick response in some cases.

Cons

  1. Variable quality of service.

Comparisons of FBS and Orbex with other brokers

Conclusion

When choosing between FBS and Orbex, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: FBS or Orbex?

FBS ranks higher than Orbex in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: FBS or Orbex?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — FBS or Orbex?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with FBS and Orbex?

FBS: MetaTrader 4, MetaTrader 5, FBS Trader. Orbex: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with FBS and Orbex?

FBS: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Orbex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by FBS and Orbex?

FBS: Standard. Orbex: Starter, Premium, Ultimate. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FBS and Orbex?

FBS: Neteller, Skrill, SticPay, Visa, Mastercard, Maestro. Orbex: Skrill, Neteller, FasaPay, Bank Transfer, Visa, Mastercard, Przelewy24. Check method-specific fees/settlement times.

Which broker is safer — FBS or Orbex — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.