orbex
synergy fx
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Overview
orbex was founded in 2012 and is headquartered in Cyprus, while synergy fx was established in 2013 and is based in Cayman Islands. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. orbex serves 10,000+ clients worldwide; synergy fx has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | orbex | synergy fx |
|---|---|---|
| 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-F316 |
| Founded | 2012 | 2013 |
| Country | Cyprus | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between orbex and synergy fx, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. orbex charges withdrawal fees while synergy fx does not, a notable advantage for frequent withdrawers. Overall, synergy fx scores higher on fees in our assessment.
| Feature | orbex | synergy fx |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
orbex offers MT5, cTrader, while synergy fx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. synergy fx supports social and copy trading features, which orbex does not offer. synergy fx edges ahead on platform breadth and functionality in our scoring.
| Feature | orbex | synergy fx |
|---|---|---|
| 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 synergy fx compare. synergy fx runs regular live webinars; orbex does not. Both provide video tutorials. synergy fx publishes daily market commentary; orbex does not. Both integrate third-party research tools. synergy fx maintains an archive of past webinars for on-demand viewing. synergy fx scores higher overall in education and research.
| Feature | orbex | synergy fx |
|---|---|---|
| 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 synergy fx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | orbex | synergy fx |
|---|---|---|
| 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 synergy fx 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 | synergy fx |
|---|---|---|
| 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 |