eToro
orbex
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Overview
eToro was founded in 2007 and is headquartered in Cyprus, UK, while orbex was established in 2012 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. eToro serves 20,000,000+ clients worldwide; orbex has 10,000+. The minimum deposit is $50 at eToro and $250 at orbex.
eToro
orbex
| Feature | eToro | orbex |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291 |
| Founded | 2007 | 2012 |
| Country | Cyprus, UK | Cyprus |
| Clients | 20,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between eToro and orbex, directly affecting your bottom line as a trader. orbex has a lower barrier to entry with a minimum deposit of $250 (vs $50 at eToro). Both brokers charge withdrawal fees. eToro applies inactivity fees on dormant accounts; orbex does not. Overall, eToro scores higher on fees in our assessment.
| Feature | eToro | orbex |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
eToro offers MT4, MT5, cTrader, a proprietary platform, while orbex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. eToro supports social and copy trading features, which orbex does not offer. eToro edges ahead on platform breadth and functionality in our scoring.
| Feature | eToro | orbex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | web trader, tablet & mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eToro and orbex compare. eToro runs regular live webinars; orbex does not. Both provide video tutorials. eToro publishes daily market commentary; orbex does not. Both integrate third-party research tools. eToro maintains an archive of past webinars for on-demand viewing. eToro scores higher overall in education and research.
| Feature | eToro | orbex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. eToro accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while orbex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | eToro | orbex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both eToro and orbex offer live chat support. Both provide phone support. Email support is available at both brokers. eToro supports 5 languages and orbex supports 8, giving orbex broader global reach. Both brokers are comparable on support quality.
| Feature | eToro | orbex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Spanish, French, and Italian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |