orbex
questrade
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Overview
orbex was founded in 2012 and is headquartered in Cyprus, while questrade was established in 2019 and is based in New Zealand. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. orbex serves 10,000+ clients worldwide; questrade has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | orbex | questrade |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | 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 | 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-F298 |
| Founded | 2012 | 2019 |
| Country | Cyprus | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between orbex and questrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. orbex charges withdrawal fees while questrade does not, a notable advantage for frequent withdrawers. Overall, questrade scores higher on fees in our assessment.
| Feature | orbex | questrade |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
orbex offers MT5, cTrader, while questrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. questrade supports social and copy trading features, which orbex does not offer. questrade edges ahead on platform breadth and functionality in our scoring.
| Feature | orbex | questrade |
|---|---|---|
| MT4 | No | Yes |
| 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 orbex and questrade compare. questrade runs regular live webinars; orbex does not. Both provide video tutorials. questrade publishes daily market commentary; orbex does not. Both integrate third-party research tools. questrade maintains an archive of past webinars for on-demand viewing. questrade scores higher overall in education and research.
| Feature | orbex | questrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. orbex accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while questrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | orbex | questrade |
|---|---|---|
| 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 orbex and questrade 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 | orbex | questrade |
|---|---|---|
| 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 |