B

Forest Park FX

7/10
orbex logo

orbex

7.3/10
7/10RegulationWinner10/10
8/10WinnerFees0/10
9/10WinnerPlatforms7/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Forest Park FX was founded in 2008 and is headquartered in United Kingdom, while orbex was established in 2012 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Forest Park FX serves 10,000+ clients worldwide; orbex has 10,000+. The minimum deposit is $10 at Forest Park FX and $250 at orbex.

orbex wins this category
FeatureForest Park FXorbex
Min. Deposit$10$250
RegulationFinancial Conduct Authority (FCA)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
Founded20082012
CountryUnited KingdomCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forest Park FX and orbex, directly affecting your bottom line as a trader. Forest Park FX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at orbex). Both brokers charge withdrawal fees. Forest Park FX applies inactivity fees on dormant accounts; orbex does not. Forest Park FX charges deposit fees; orbex does not. Overall, Forest Park FX scores higher on fees in our assessment.

Forest Park FX wins this category
FeatureForest Park FXorbex
Min. Deposit$10$250
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Forest Park FX offers MT4, MT5, cTrader, while orbex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forest Park FX supports social and copy trading features, which orbex does not offer. Forest Park FX edges ahead on platform breadth and functionality in our scoring.

Forest Park FX wins this category
FeatureForest Park FXorbex
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Forex Trader Pro, Desktop, Web, MobileMT4, 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 Forest Park FX and orbex compare. Forest Park FX runs regular live webinars; orbex does not. Both provide video tutorials. Forest Park FX publishes daily market commentary; orbex does not. Both integrate third-party research tools. Forest Park FX maintains an archive of past webinars for on-demand viewing. Forest Park FX scores higher overall in education and research.

Forest Park FX wins this category
FeatureForest Park FXorbex
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forest Park FX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while orbex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). orbex uniquely supports PayPal and Skrill and Neteller among the two brokers. orbex scores higher on deposit and withdrawal flexibility.

orbex wins this category
FeatureForest Park FXorbex
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forest Park FX and orbex offer live chat support. Both provide phone support. Email support is available at both brokers. Forest Park FX supports 2 languages and orbex supports 8, giving orbex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForest Park FXorbex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic