NordFX
orbex
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Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while orbex was established in 2012 and is based in Cyprus. NordFX holds licences including VFSC (15008), while orbex is regulated by Financial Conduct Authority (FCA) among others. NordFX serves 10,000+ clients worldwide; orbex has 10,000+. The minimum deposit is $10 at NordFX and $250 at orbex.
| Feature | NordFX | orbex |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Regulation | VFSC (15008) | 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 | Mauritius | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between NordFX and orbex, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at orbex). orbex charges withdrawal fees while NordFX does not, giving NordFX an edge for frequent withdrawers. NordFX applies inactivity fees on dormant accounts; orbex does not. Overall, NordFX scores higher on fees in our assessment.
| Feature | NordFX | orbex |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
NordFX offers MT4, MT5, while orbex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. NordFX supports social and copy trading features, which orbex does not offer. NordFX edges ahead on platform breadth and functionality in our scoring.
| Feature | NordFX | orbex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, 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 NordFX and orbex compare. Both provide video tutorials. orbex integrates third-party research tools (Autochartist); NordFX does not. NordFX scores higher overall in education and research.
| Feature | NordFX | orbex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | 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. NordFX accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while orbex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). orbex uniquely supports PayPal among the two brokers. orbex scores higher on deposit and withdrawal flexibility.
| Feature | NordFX | orbex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | 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 NordFX and orbex offer live chat support. Both provide phone support. Email support is available at both brokers. NordFX supports 13 languages and orbex supports 8, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | NordFX | orbex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |