Our Verdict
FXTM has a higher rating of 4/5 compared to Orbex (3.7/5). FXTM offers 7 instrument types, while Orbex offers 6. The minimum deposit is lower at FXTM with 10 $. On spreads, FXTM offers EUR/USD from 1.5 pip (Standard), 0.0 pip (Advantage) + $4.00 per lot round turn, while Orbex offers EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn. Orbex charges no inactivity fee, while the other does.
Comparison Table
| Criteria | FXTM | Orbex |
|---|---|---|
| Rating | 4/5 (1800 reviews)✓ | 3.7/5 (440 reviews) |
| Regulation | FCA/CySEC | CySEC |
| Fees | from 0.0 pips (ECN) + $2 commission per lot | from 0.0 pips (Raw account) + $5 commission per lot |
| Min. Deposit | 10 $ | 200 $ |
| Instruments | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs, Metals | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs |
| Platforms | MT4, MT5, FXTM Trader App | MT4, Orbex App |
| Options Trading | No | No |
| Spread (typical) | EUR/USD from 1.5 pip (Standard), 0.0 pip (Advantage) + $4.00 per lot round turn | EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn |
| Inactivity Fee | €5/month after 6 months of inactivity | None |
| Founded | 2011 | 2011 |
| Headquarters | London | Limassol |
Detailed Comparison
Fee Comparison
FXTM: from 0.0 pips (ECN) + $2 commission per lot. Minimum deposit: 10 $. Spread: EUR/USD from 1.5 pip (Standard), 0.0 pip (Advantage) + $4.00 per lot round turn. Inactivity fee: €5/month after 6 months of inactivity.
Orbex: from 0.0 pips (Raw account) + $5 commission per lot. Minimum deposit: 200 $. Spread: EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn.
Product Range
FXTM (7 categories)
Orbex (6 categories)
Trading Platforms
FXTM
- MT4
- MT5
- FXTM Trader App
Orbex
- MT4
- Orbex App
Regulation & Security
FXTM is regulated by FCA/CySEC (HQ: London).
Orbex is regulated by CySEC (HQ: Limassol).
Who Is It For?
FXTM
Award-winning Forex broker with ECN access and copy trading
✓ FCA and CySEC-regulated with EU investor protection
✓ Very low ECN commissions from $2 per lot
✓ Copy trading via FXTM Invest
✗ Inactivity fee after 6 months
✗ Stock CFDs only on MT5 account
Orbex
CySEC-regulated Forex and CFD broker with focus on education and analysis
✓ CySEC-regulated with EU deposit protection
✓ Extensive educational resources and daily analyses
✓ ECN execution on Raw account
✗ Minimum deposit of $200
✗ Only MT4 available, no MT5 or cTrader
Frequently Asked Questions
Is FXTM or Orbex cheaper?
Which broker offers more products: FXTM or Orbex?
Which broker is better regulated?
Is FXTM or Orbex better for beginners?
FXTM vs Orbex: Which broker is better overall?
How do spreads compare between FXTM and Orbex?
Do FXTM or Orbex charge an inactivity fee?
Orbex
CySEC-regulated Forex and CFD broker with focus on education and analysis
Open Account →From 200 $ min. deposit