CMTrading

CMTrading

🔵 Tier 2 Regulated
6.9
/ 10
vs
Orbex

Orbex

🟢 Tier 1 Regulated
7.0
/ 10

CMTrading vs Orbex

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

CMTrading and Orbex are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. CMTrading, founded in 2012 and headquartered in Johannesburg, South Africa, is regulated by FSCA, FSC and offers spreads starting from 1.2 pips with a minimum deposit of $250. Orbex, established in 2011 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.0 pips and a $200 minimum deposit. In our hands-on testing across 8 scoring categories, Orbex scored 7/10 overall compared to CMTrading's 6.9/10, making it the stronger pick for most traders. That said, CMTrading holds its own with better trading platforms and superior education resources, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Orbex scores 7/10 overall vs 6.9/10 for CMTrading — a 0.1-point difference.

  • 💵

    Orbex requires just $200 to start, while CMTrading needs $250 — Orbex is 1x more accessible.

  • 🛡️

    Orbex holds Tier 1 regulation (CySEC) offering stronger investor protection than CMTrading's Tier 2 status.

  • 📈

    Orbex offers 300+ instruments vs 200+ at CMTrading — a notable difference in market coverage.

  • 🖥️

    CMTrading runs on MT4, Sirix, while Orbex uses MT4 — different ecosystems for different trading styles.

  • The biggest gap is in Trading Costs: Orbex scores 7.5 vs 6.5 for CMTrading — a 1.0-point difference.

Our Verdict

CMTrading

CMTrading

Score: 6.9/10 · Wins 4 categories
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
🏆 WINNER
Orbex

Orbex

Score: 7.0/10 · Wins 2 categories
  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • You prefer a low minimum deposit ($200)

Orbex takes the lead with an overall score of 7/10 compared to 6.9/10, winning in 2 out of 8 scoring categories. Orbex stands out for lower trading costs and stronger regulation, while CMTrading fights back with better trading platforms and superior education resources.

Detailed Verdict

After testing both brokers with real accounts, Orbex comes out ahead with a 7/10 overall rating, winning 2 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. Orbex holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. CMTrading is not without merit — it scores 6.9/10 overall and excels in Education (7.5/10), winning 4 categories. Traders who value better trading platforms or superior education resources may find CMTrading the better fit. For a complete breakdown, read our full Orbex review and CMTrading review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

CMTrading
Orbex
Trading Costs
6.5 7.5

Orbex wins by 1.0 points

Platforms & Tools
7.0 6.5

CMTrading wins by 0.5 points

Regulation & Trust
6.5 7.5

Orbex wins by 1.0 points

Education
7.5 7.0

CMTrading wins by 0.5 points

Customer Service
7.5 7.0

CMTrading wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
7.0 7.0
Product Range
7.0 6.5

CMTrading wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
6.9/10
7.0/10
Min Deposit
Lower is better
$250
$200
Max Leverage
1:200
1:500
Spreads From
1.2 pips
0.0 pips
Platforms
MT4, Sirix
MT4
Regulation
FSCA, FSC
CySEC
Founded
Older track record highlighted
2012
2011
Markets
200+
300+
CMTrading: 0 Orbex: 1
💰

Fees & Costs

🏅 Section Winner: Orbex (6.5 vs 7.5)

When it comes to trading costs, Orbex has the edge with a score of 7.5/10 versus 6.5/10 for CMTrading. CMTrading offers spreads starting from 1.2 pips, while Orbex starts from 0.0 pips. The minimum deposit at CMTrading is $250, compared to $200 at Orbex. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

CMTrading
6.5
Orbex
7.5
CMTrading: 1 Orbex: 1
🖥️

Trading Platforms

🏅 Section Winner: CMTrading (7.0 vs 6.5)

CMTrading scores 7/10 for platforms compared to 6.5/10 for Orbex. CMTrading provides MT4, Sirix, while Orbex offers MT4. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

CMTrading
7.0
Orbex
6.5
CMTrading: 1 Orbex: 2
🛡️

Regulation & Safety

🏅 Section Winner: Orbex (6.5 vs 7.5)

Regulation is crucial for fund safety. CMTrading is regulated by FSCA, FSC (Tier 2), while Orbex holds licenses from CySEC (Tier 1). CMTrading scores 6.5/10 and Orbex scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

CMTrading
6.5
Orbex
7.5
CMTrading: 2 Orbex: 2
📚

Education & Research

🏅 Section Winner: CMTrading (7.5 vs 7.0)

For learning resources, CMTrading leads with 7.5/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. CMTrading and Orbex both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

CMTrading
7.5
Orbex
7.0
CMTrading: 3 Orbex: 2
🎧

Customer Support

🏅 Section Winner: CMTrading (7.5 vs 7.0)

CMTrading offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Orbex provides 24/5 Live Chat, Email, Phone with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

CMTrading
7.5
Orbex
7.0
CMTrading: 3 Orbex: 2
💳

Deposit & Withdrawal

CMTrading scores 7/10 for deposits and withdrawals, while Orbex scores 7/10. CMTrading accepts Bank Transfer, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, and Orbex supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. CMTrading requires a minimum deposit of $250 versus $200 for Orbex. Always check withdrawal conditions and any potential fees before funding your account.

CMTrading
7.0
Orbex
7.0

Which Broker Is Right for You?

CMTrading

Choose CMTrading if you...

  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
Visit CMTrading
Orbex

Choose Orbex if you...

  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • You prefer a low minimum deposit ($200)
Visit Orbex

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is CMTrading better than Orbex?

Orbex scores higher overall (7/10 vs 6.9/10), winning 2 of 8 categories. However, CMTrading is stronger in better trading platforms and superior education resources. The best choice depends on what matters most to your trading style.

Which has lower fees, CMTrading or Orbex?

Orbex scores higher for trading costs. CMTrading offers spreads from 1.2 pips with a $250 minimum deposit, while Orbex starts from 0.0 pips with $200 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is CMTrading safe to trade with?

CMTrading is regulated by FSCA, FSC and scores 6.5/10 for regulation. Orbex is regulated by CySEC with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, CMTrading or Orbex?

CMTrading scores 7/10 for platforms. CMTrading offers MT4, Sirix, while Orbex provides MT4. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for CMTrading vs Orbex?

CMTrading requires a minimum deposit of $250, while Orbex requires $200. Orbex has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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