Orbex

Orbex

🟢 Tier 1 Regulated
7.0
/ 10
vs
FXTM

FXTM

🟢 Tier 1 Regulated
8.0
/ 10

Orbex vs FXTM

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

Orbex and FXTM 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. FXTM, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, FCA, FSA with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, FXTM scored 8/10 overall compared to Orbex's 7/10, making it the stronger pick for most traders. That said, Orbex holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FXTM scores 8/10 overall vs 7/10 for Orbex — a 1.0-point difference.

  • 💵

    FXTM requires just $10 to start, while Orbex needs $200 — FXTM is 20x more accessible.

  • 📈

    FXTM offers 600+ instruments vs 300+ at Orbex — a notable difference in market coverage.

  • 🖥️

    Orbex runs on MT4, while FXTM uses MT4, MT5, FXTM Trader App — different ecosystems for different trading styles.

  • The biggest gap is in Regulation & Trust: FXTM scores 9.0 vs 7.5 for Orbex — a 1.5-point difference.

Our Verdict

Orbex

Orbex

Score: 7.0/10 · Wins 0 categories
  • You prefer Orbex's trading environment overall
🏆 WINNER
FXTM

FXTM

Score: 8.0/10 · Wins 7 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority

FXTM takes the lead with an overall score of 8/10 compared to 7/10, winning in 7 out of 8 scoring categories. FXTM stands out for lower trading costs and better trading platforms, while Orbex remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, FXTM comes out ahead with a 8/10 overall rating, winning 7 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXTM 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). For a complete breakdown, read our full FXTM review and Orbex review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Orbex
FXTM
Trading Costs
7.5 8.0

FXTM wins by 0.5 points

Platforms & Tools
6.5 7.5

FXTM wins by 1.0 points

Regulation & Trust
7.5 9.0

FXTM wins by 1.5 points

Education
7.0 8.5

FXTM wins by 1.5 points

Customer Service
7.0 7.5

FXTM wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
7.0 8.0

FXTM wins by 1.0 points

Product Range
6.5 7.0

FXTM wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.0/10
8.0/10
Min Deposit
Lower is better
$200
$10
Max Leverage
1:500
1:2000
Spreads From
0.0 pips
0.0 pips
Platforms
MT4
MT4, MT5, FXTM Trader App
Regulation
CySEC
CySEC, FCA, FSA
Founded
Older track record highlighted
2011
2011
Markets
300+
600+
Orbex: 0 FXTM: 1
💰

Fees & Costs

🏅 Section Winner: FXTM (7.5 vs 8.0)

When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 7.5/10 for Orbex. Orbex offers spreads starting from 0.0 pips, while FXTM starts from 0.0 pips. The minimum deposit at Orbex is $200, compared to $10 at FXTM. 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
FXTM
8.0
Orbex: 0 FXTM: 2
🖥️

Trading Platforms

🏅 Section Winner: FXTM (6.5 vs 7.5)

FXTM scores 7.5/10 for platforms compared to 6.5/10 for Orbex. Orbex provides MT4, while FXTM offers MT4, MT5, FXTM Trader App. 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
FXTM
7.5
Orbex: 0 FXTM: 3
🛡️

Regulation & Safety

🏅 Section Winner: FXTM (7.5 vs 9.0)

Regulation is crucial for fund safety. Orbex is regulated by CySEC (Tier 1), while FXTM holds licenses from CySEC, FCA, FSA (Tier 1). Orbex scores 7.5/10 and FXTM scores 9/10 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
FXTM
9.0
Orbex: 0 FXTM: 4
📚

Education & Research

🏅 Section Winner: FXTM (7.0 vs 8.5)

For learning resources, FXTM leads with 8.5/10 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. Orbex and FXTM 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
FXTM
8.5
Orbex: 0 FXTM: 5
🎧

Customer Support

🏅 Section Winner: FXTM (7.0 vs 7.5)

Orbex offers 24/5 Live Chat, Email, Phone and scores 7/10, while FXTM provides 24/5 Live Chat, Email, Phone 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
FXTM
7.5
Orbex: 0 FXTM: 6
💳

Deposit & Withdrawal

🏅 Section Winner: FXTM (7.0 vs 8.0)

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

Orbex
7.0
FXTM
8.0

Which Broker Is Right for You?

Orbex

Choose Orbex if you...

  • You prefer Orbex's trading environment overall
Visit Orbex
FXTM

Choose FXTM if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit FXTM

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Orbex better than FXTM?

FXTM scores higher overall (8/10 vs 7/10), winning 7 of 8 categories. However, Orbex remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, Orbex or FXTM?

FXTM scores higher for trading costs. Orbex offers spreads from 0.0 pips with a $200 minimum deposit, while FXTM starts from 0.0 pips with $10 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. FXTM is regulated by CySEC, FCA, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Orbex or FXTM?

FXTM scores 7.5/10 for platforms. Orbex offers MT4, while FXTM provides MT4, MT5, FXTM Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Orbex vs FXTM?

Orbex requires a minimum deposit of $200, while FXTM requires $10. FXTM 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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