Nadex
orbex
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Overview
Nadex was founded in 2008 and is headquartered in USA, while orbex was established in 2012 and is based in Cyprus. Nadex holds licences including Unregulated, while orbex is regulated by Financial Conduct Authority (FCA) among others. Nadex serves 10,000+ clients worldwide; orbex has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | Nadex | orbex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Unregulated | 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 | 2008 | 2012 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Nadex and orbex, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. orbex charges withdrawal fees while Nadex does not, giving Nadex an edge for frequent withdrawers. Nadex applies inactivity fees on dormant accounts; orbex does not. The two brokers are broadly comparable on fee structure.
| Feature | Nadex | orbex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Nadex offers MT5, cTrader, while orbex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which orbex does not offer. The two brokers are closely matched on platform offering.
| Feature | Nadex | orbex |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web,iPad,mac,Desktop,iPhoneiOS | 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 Nadex and orbex compare. orbex has a video library; Nadex does not. orbex integrates third-party research tools (Autochartist); Nadex does not. orbex scores higher overall in education and research.
| Feature | Nadex | orbex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Nadex 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.
| Feature | Nadex | orbex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Nadex and orbex offer live chat support. Both provide phone support. Email support is available at both brokers. Nadex supports 2 languages and orbex supports 8, giving orbex broader global reach. Both brokers are comparable on support quality.
| Feature | Nadex | orbex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |