Orbex

Orbex

🟢 Tier 1 Regulated
7.0
/ 10
vs
FXGT

FXGT

🟢 Tier 1 Regulated
7.2
/ 10

Orbex vs FXGT

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

Orbex and FXGT are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Orbex, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $200. FXGT, established in 2019 in Limassol, Cyprus, holds licenses from CySEC, FSA with spreads from 0.0 pips and a $5 minimum deposit. In our hands-on testing across 8 scoring categories, FXGT scored 7.2/10 overall compared to Orbex's 7/10, making it the stronger pick for most traders. That said, Orbex holds its own with superior education resources and more research tools, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FXGT scores 7.2/10 overall vs 7/10 for Orbex — a 0.2-point difference.

  • 💵

    FXGT requires just $5 to start, while Orbex needs $200 — FXGT is 40x more accessible.

  • 📈

    FXGT offers 400+ instruments vs 300+ at Orbex — a notable difference in market coverage.

  • 🖥️

    Orbex runs on MT4, while FXGT uses MT5 — different ecosystems for different trading styles.

  • The biggest gap is in Deposit & Withdrawal: FXGT scores 8.0 vs 7.0 for Orbex — a 1.0-point difference.

Our Verdict

Orbex

Orbex

Score: 7.0/10 · Wins 2 categories
  • You're a beginner who values learning resources
  • You rely on in-depth research and analysis tools
  • You prefer Orbex's trading environment overall
🏆 WINNER
FXGT

FXGT

Score: 7.2/10 · Wins 4 categories
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
  • Fast and flexible deposits & withdrawals are important

FXGT takes the lead with an overall score of 7.2/10 compared to 7/10, winning in 4 out of 8 scoring categories. FXGT stands out for better trading platforms and better customer support, while Orbex fights back with superior education resources and more research tools.

Detailed Verdict

After testing both brokers with real accounts, FXGT comes out ahead with a 7.2/10 overall rating, winning 4 out of 8 categories. Its strongest area is Deposit & Withdrawal where it scores 8.0/10. FXGT holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Orbex is not without merit — it scores 7/10 overall and excels in Trading Costs (7.5/10), winning 2 categories. Traders who value superior education resources or more research tools may find Orbex the better fit. For a complete breakdown, read our full FXGT review and Orbex review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Orbex
FXGT
Trading Costs
7.5 7.5
Platforms & Tools
6.5 7.0

FXGT wins by 0.5 points

Regulation & Trust
7.5 7.5
Education
7.0 6.5

Orbex wins by 0.5 points

Customer Service
7.0 7.5

FXGT wins by 0.5 points

Research & Analysis
7.0 6.5

Orbex wins by 0.5 points

Deposit & Withdrawal
7.0 8.0

FXGT wins by 1.0 points

Product Range
6.5 7.0

FXGT wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.0/10
7.2/10
Min Deposit
Lower is better
$200
$5
Max Leverage
1:500
1:1000
Spreads From
0.0 pips
0.0 pips
Platforms
MT4
MT5
Regulation
CySEC
CySEC, FSA
Founded
Older track record highlighted
2011
2019
Markets
300+
400+
Orbex: 0 FXGT: 0
💰

Fees & Costs

When it comes to trading costs, Orbex has the edge with a score of 7.5/10 versus 7.5/10 for FXGT. Orbex offers spreads starting from 0.0 pips, while FXGT starts from 0.0 pips. The minimum deposit at Orbex is $200, compared to $5 at FXGT. 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.

Orbex
7.5
FXGT
7.5
Orbex: 0 FXGT: 1
🖥️

Trading Platforms

🏅 Section Winner: FXGT (6.5 vs 7.0)

FXGT scores 7/10 for platforms compared to 6.5/10 for Orbex. Orbex provides MT4, while FXGT offers MT5. 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.

Orbex
6.5
FXGT
7.0
Orbex: 0 FXGT: 1
🛡️

Regulation & Safety

Regulation is crucial for fund safety. Orbex is regulated by CySEC (Tier 1), while FXGT holds licenses from CySEC, FSA (Tier 1). Orbex scores 7.5/10 and FXGT 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.

Orbex
7.5
FXGT
7.5
Orbex: 1 FXGT: 1
📚

Education & Research

🏅 Section Winner: Orbex (7.0 vs 6.5)

For learning resources, Orbex leads with 7/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Orbex and FXGT 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.

Orbex
7.0
FXGT
6.5
Orbex: 1 FXGT: 2
🎧

Customer Support

🏅 Section Winner: FXGT (7.0 vs 7.5)

Orbex offers 24/5 Live Chat, Email, Phone and scores 7/10, while FXGT provides 24/7 Live Chat, Email with a score of 7.5/10. 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.

Orbex
7.0
FXGT
7.5
Orbex: 1 FXGT: 3
💳

Deposit & Withdrawal

🏅 Section Winner: FXGT (7.0 vs 8.0)

Orbex scores 7/10 for deposits and withdrawals, while FXGT scores 8/10. Orbex accepts Bank Transfer, Credit Card, Skrill, Neteller, and FXGT supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Orbex requires a minimum deposit of $200 versus $5 for FXGT. Always check withdrawal conditions and any potential fees before funding your account.

Orbex
7.0
FXGT
8.0

Which Broker Is Right for You?

Orbex

Choose Orbex if you...

  • You're a beginner who values learning resources
  • You rely on in-depth research and analysis tools
  • You prefer Orbex's trading environment overall
Visit Orbex
FXGT

Choose FXGT if you...

  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
  • Fast and flexible deposits & withdrawals are important
Visit FXGT

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Orbex better than FXGT?

FXGT scores higher overall (7.2/10 vs 7/10), winning 4 of 8 categories. However, Orbex is stronger in superior education resources and more research tools. The best choice depends on what matters most to your trading style.

Which has lower fees, Orbex or FXGT?

Orbex scores higher for trading costs. Orbex offers spreads from 0.0 pips with a $200 minimum deposit, while FXGT starts from 0.0 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Orbex safe to trade with?

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

Which has better trading platforms, Orbex or FXGT?

FXGT scores 7/10 for platforms. Orbex offers MT4, while FXGT provides MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Orbex vs FXGT?

Orbex requires a minimum deposit of $200, while FXGT requires $5. FXGT 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.

← Back to Compare Tool