instaforex
orbex
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Overview
instaforex was founded in 2017 and is headquartered in Russia, while orbex was established in 2012 and is based in Cyprus. instaforex holds licences including BVI FSC, while orbex is regulated by Financial Conduct Authority (FCA) among others. instaforex serves 12,000,000+ clients worldwide; orbex has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | instaforex | orbex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | BVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321 | 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 | 2017 | 2012 |
| Country | Russia | Cyprus |
| Clients | 12,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between instaforex and orbex, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. orbex charges withdrawal fees while instaforex does not, giving instaforex an edge for frequent withdrawers. instaforex applies inactivity fees on dormant accounts; orbex does not. The two brokers are broadly comparable on fee structure.
| Feature | instaforex | orbex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
instaforex offers MT4, MT5, cTrader, a proprietary platform, while orbex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. instaforex supports social and copy trading features, which orbex does not offer. instaforex edges ahead on platform breadth and functionality in our scoring.
| Feature | instaforex | orbex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 instaforex and orbex compare. instaforex runs regular live webinars; orbex does not. Both provide video tutorials. instaforex publishes daily market commentary; orbex does not. Both integrate third-party research tools. instaforex maintains an archive of past webinars for on-demand viewing. instaforex scores higher overall in education and research.
| Feature | instaforex | 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. instaforex 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 | instaforex | 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 instaforex and orbex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | instaforex | orbex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |