Orbex vs Plus500 Comparison: Which Is Better for Traders?
Plus500We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Orbex or Plus500?
Our pick: Plus500
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Plus500 looks preferable to Orbex.
Plus500 scored 4.3/5 and ranks 19 in our all Forex brokers list, whereas Orbex has 3.6/5 and ranks 57.
This is not financial advice. See the full comparison below.
Who is Orbex suitable for?
Broker Orbex is suitable for novice traders due to educational materials and for experienced investors seeking a variety of markets.
Who is Plus500 suitable for?
Plus500 is a robust choice for seasoned traders who appreciate a variety of trading CFDs and advanced analytical capabilities.
Comparison Table of Orbex and Plus500
| Broker | Orbex | Plus500 |
|---|---|---|
| Rating | 3.6/5 | 4.3/5 |
| Foundation Year | 2009 | 2007 |
| Regulated in Countries | Mauritius, Seychelles, Saint Vincent and the Grenadines | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:500 | 1:30 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Orbex Review | Plus500 Review |
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.
Plus500 Review
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 is in the top 10 of the following ratings:
Reliability
| Broker | Orbex | Plus500 |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2009 | 2007 |
| Regulated in Countries | Mauritius, Seychelles, Saint Vincent and the Grenadines | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Regulators | FSC FSC SFSA SFSA SVGFSA SVGFSA | CySEC CySEC FCA FCA ASIC ASIC NZ FMA NZ FMA FSCA FSCA SFSA SFSA EFSA EFSA MAS MAS CFTC CFTC NFA NFA |
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.
Plus500
Plus500 is registered and regulated in several jurisdictions by authoritative bodies. This means that the broker is required to adhere to strict financial standards and provide regular reports on its activities to regulators.
Account Opening
| Broker | Orbex | Plus500 |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
|
|
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.
Plus500
Opening an account with Plus500 is straightforward due to its fast registration and low minimum deposit. Beginners should use the demo account and Trading Academy to learn before real trading.
Account Types
| Broker | Orbex | Plus500 |
|---|---|---|
| Account Types | 3.8/5 | 2/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:500 | 1:30 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
Plus500
The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.
Commissions
| Broker | Orbex | Plus500 |
|---|---|---|
| Commissions | 1.5/5 | 3.5/5 |
| Spread | from 0 points | from 0.6 points |
| Average Spread (EURUSD) | 1.5 | 1.2 |
| Commission per Lot | $4 |
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.
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account fee.
Deposit and Withdrawal
| Broker | Orbex | Plus500 |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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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.
Plus500
Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.
Pros
- Wide selection of payment systems.
- No commission for depositing and withdrawing.
Markets and Products
| Broker | Orbex | Plus500 |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 36 | 65 |
| Precious Metals | 4 | 5 |
| Energy Carriers | 1 | 7 |
| Soft Commodities | 3 | 10 |
| Indices | 5 | 36 |
| Stocks | 146 | 1550 |
| Cryptocurrency | 11 | - |
| ETF | - | 96 |
Orbex
Orbex offers a variety of markets and products with flexible leverage.
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
Trading Platforms
| Broker | Orbex | Plus500 |
|---|---|---|
| Rating | 4/5 | 4.2/5 |
| Trading Platforms |
|
|
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.
Plus500
Plus500 offers an efficient, user-friendly platform, however, there is no choice between platforms.
Pros
- Proprietary platform
- Available on mobile devices.
Cons
- No choice between platforms.
Analytics
| Broker | Orbex | Plus500 |
|---|---|---|
| Rating | 5/5 | 5/5 |
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.
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
Education
| Broker | Orbex | Plus500 |
|---|---|---|
| Rating | 4/5 | 5/5 |
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.
Plus500
Plus500 offers its users quality training through webinars, interactive materials and e-books. This allows traders to gain comprehensive knowledge for a successful start and effective trading.
Pros
- Quality and detailed video lessons
- Free webinars from independent experts
- Interactive guides and e-books
Customer Support
| Broker | Orbex | Plus500 |
|---|---|---|
| Rating | 3/5 | 3.7/5 |
| Email Support |
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| Hotline Phones |
| — |
| Social Media |
Facebook
Twitter
LinkedIn
YouTube
Instagram
TikTok
Pinterest
Telegram
Google NewsOrbex
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.
Plus500
The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.
Pros
- Support in many languages.
- Operates around the clock.
Cons
- Lack of direct communication channels (e.g., telephone).
- Potential delays in responses due to limited communication channels.
Comparisons of Orbex and Plus500 with other brokers
Conclusion
Plus500 stands out as the better overall pick, while Orbex trails on aggregate criteria.
Plus500 scored 4.3/5 and ranks 19 in our rating; Orbex has 3.6/5 and ranks 57.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Orbex or Plus500?
Plus500 comes out ahead by overall rank (score 4.3/5, position 19) versus Orbex (score 3.6/5, position 57).
Which broker is better for beginners: Orbex or Plus500?
Plus500 is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Orbex or Plus500?
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 Orbex and Plus500?
Orbex: MetaTrader 4, MetaTrader 5. Plus500: WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Orbex and Plus500?
Orbex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Plus500: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF. Full lists and differences are in the “Markets” section.
What account types are offered by Orbex and Plus500?
Orbex: Starter, Premium, Ultimate. Plus500: Plus500. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Orbex and Plus500?
Orbex: Skrill, Neteller, Perfect Money, FasaPay, Bank Transfer, Visa, Mastercard, Przelewy24. Plus500: PayPal, Skrill, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Orbex or Plus500 — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
