orbex
Startrader
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Overview
orbex was founded in 2012 and is headquartered in Cyprus, while Startrader was established in 2011 and is based in Hong Kong. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. orbex serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $250 at orbex and $50 at Startrader.
| Feature | orbex | Startrader |
|---|---|---|
| Min. Deposit | $250 | $50 |
| 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), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2012 | 2011 |
| Country | Cyprus | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between orbex and Startrader, directly affecting your bottom line as a trader. orbex has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Startrader). Both brokers charge withdrawal fees. Overall, Startrader scores higher on fees in our assessment.
| Feature | orbex | Startrader |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
orbex offers MT5, cTrader, while Startrader supports MT4, MT5, cTrader. orbex offers a mobile trading app; mobile availability for Startrader is limited. Startrader supports social and copy trading features, which orbex does not offer. orbex edges ahead on platform breadth and functionality in our scoring.
| Feature | orbex | Startrader |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how orbex and Startrader compare. Startrader runs regular live webinars; orbex does not. Both provide video tutorials. Startrader publishes daily market commentary; orbex does not. Both integrate third-party research tools. Startrader maintains an archive of past webinars for on-demand viewing. Startrader scores higher overall in education and research.
| Feature | orbex | Startrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). orbex uniquely supports PayPal among the two brokers. orbex scores higher on deposit and withdrawal flexibility.
| Feature | orbex | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| 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 Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. orbex supports 8 languages and Startrader supports 2, giving orbex broader global reach. Both brokers are comparable on support quality.
| Feature | orbex | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Chinese |