Broker comparison

FXOpen vs Orbex Comparison

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

VS summaryScores and ranking at a glance
FXOpenHigher ranked
Rating
4.3/5
Rank
#31
Register

58-60% of retail investors lose money when trading CFDs with this broker

Orbex
Rating
3.6/5
Rank
#66
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
Author · Editor

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 - FXOpen 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

FXOpen ranks higher in the editorial ranking.
FXOpen
Rating: 4.3/5Rank: #31
Orbex
Rating: 3.6/5Rank: #66

FXOpen

Minimum deposit · USD
1 USD
Different platforms
  • TickTrader
  • TradingView
Different markets
  • ETF

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 FXOpen and Orbex

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Overview: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Foundation Year
2005
2010
Regulated in Countries
United Kingdom, Cyprus, Australia
Mauritius, Seychelles, Saint Vincent and the Grenadines
Minimum Deposit
  • 100 AUD
  • 10 CHF
  • 10 EUR
  • 10 GBP
  • 1500 JPY
  • 100 SGD
  • 1 USD
  • 100 USD
Spread
from 0 points
from 0 points
Max Leverage
1:500
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
Review

FXOpen Review

FXOpen Logo
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

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

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

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Reliability: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Reliability
5/5
3/5
Foundation Year
2005
2010
Regulated in Countries
United Kingdom, Cyprus, Australia
Mauritius, Seychelles, Saint Vincent and the Grenadines
Regulators

FXOpen

FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.

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

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Account Opening: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 100 USD

FXOpen

FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.

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

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Account Types: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Account Types
5/5
3.8/5
Trading Accounts
  • STP
  • ECN
  • Micro
  • Crypto
  • Starter
  • Premium
  • Ultimate
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 100 USD
Spread
from 0 points
from 0 points
Max Leverage
1:500
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

FXOpen

FxOpen offers a wide selection of trading accounts and additional services.

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

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Commissions: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Commissions
3/5
1.5/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
1.2
1.5
Commission
per 1 lot$3.50
per 1 lot$4.00

FXOpen

FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.

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

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Deposit and Withdrawal: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Rating
4.2/5
5/5
Account Funding Methods
  • WebMoney
  • Volet
  • FasaPay
  • Visa
  • Mastercard
  • JCB
  • Discover
  • Skrill
  • Neteller
  • FasaPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Przelewy24

FXOpen

FxOpen offers a variety of deposit and withdrawal methods.

Pros

  1. A large selection of payment systems and cryptocurrencies.
  2. Fast processing of withdrawal requests.

Cons

  1. No bank transfer option.
  2. High commissions for credit cards from the provider.

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

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Markets and Products: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Markets and Products
4.6/5
5/5
Forex
66
36
Precious Metals
3
4
Energy Carriers
3
1
Indices
12
5
Stocks
553
146
ETF
56
-
Cryptocurrency
41
11
Soft Commodities
-
3

FXOpen

FxOpen offers a good selection of assets but without soft commodities.

Orbex

Orbex offers a variety of markets and products with flexible leverage.

Trading Platforms

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Trading Platforms: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • MetaTrader 4
  • MetaTrader 5

FXOpen

FXOpen offers a wide range of trading platforms, catering to different types of 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

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Analytics: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Rating
4/5
5/5

FXOpen

FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.

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

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Education: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Rating
2/5
4/5

FXOpen

FXOpen invests little in trader education, offering only basic articles and a glossary of terms.

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

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Customer Support: comparison of FXOpen, Orbex
BrokerFXOpenOrbex
Rating
4.5/5
3/5
Email Support
Hotline Phones
Social Media

FXOpen

FXOpen offers reliable support, and a variety of communication channels adds flexibility.

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 FXOpen and Orbex with other brokers

Conclusion

When choosing between FXOpen 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: FXOpen or Orbex?

FXOpen 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: FXOpen 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) — FXOpen 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 FXOpen and Orbex?

FXOpen: MetaTrader 4, MetaTrader 5, TickTrader, TradingView. Orbex: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with FXOpen and Orbex?

FXOpen: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, 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 FXOpen and Orbex?

FXOpen: STP, ECN, Micro, Crypto. Orbex: Starter, Premium, Ultimate. See “Account Types” for a side-by-side comparison.

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

FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. Orbex: Skrill, Neteller, FasaPay, Bank Transfer, Visa, Mastercard, Przelewy24. Check method-specific fees/settlement times.

Which broker is safer — FXOpen 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.