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MTRADING , Orbex Broker Comparison

Do you want to know which is the better broker between MTRADING and Orbex ?

In the table below, you can compare the features of MTRADING , Orbex side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
MTRADING
2.31
Not Regulated
Under guarantee
--
5-10 years
--
VISA,MASTER,Swift,Skrill,Neteller,Local banking
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
M.Pro,M.Premium
Currencies - 28 Spot metal CFDs - 2 Spot energy CFDs - 3 Cash indices - 8 Stock CFDs - 20 Crypto - 8
$10
1:8888
From 0
0.00
--
--
--
Orbex
6.53
Regulated
Under guarantee
15-20 years
CYSEC,FSA
Bank transfer,Direct Debit,Skrill,Neteller,Credit Card,Sofort,Klarna
D
C
549.8
376
396
376
1000
1000
828
D
--
--
--
--
D
--
31.23 USD/Lot
AA
--

Long: -75.95

Short: 28.62

B
0.7
48.9
STARTER,PREMIUM,ULTIMATE
--
100
1:500
As low as 1.5
0.00
--
--
--

MTRADING 、 Orbex BrokerRelated News

MTRADING 、 Orbex BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do mtrading and orbex have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

mtrading
MTrading Review Summary
Founded2012
Registered Country/RegionSaint Vincent and the Grenadines
RegulationFCA (General registration)
Market InstrumentsForex, commodities, cryptos, CFDs, indices, stocks
Demo Account
Islamic Account
LeverageUp to 1:8888
SpreadFrom 0 pips
Trading PlatformMT4, MT5, WebTrader
Minimum Deposit$10
Customer Supportlive chat, WA, Telegram

MTrading Information

MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.

MTrading's homepage

Pros and Cons

ProsCons
Regulated under FCAGeneral registered FCA license
Various trading instruments
Demo accounts
MT4 and MT5 platforms
Low minimum deposit ($10)
No deposit/withdrawal fees
Live chat support

Is MTrading Legit?

Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.

General registered FCA license

What Can I Trade on MTrading?

MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs.

Tradable InstrumentsSupported
Forex
Commodities
Cryptos
CFDs
Indices
Stocks
Bonds
Options
ETFs

Account Type

There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.

Account TypeMinimum DepositLeverageSpreadCommissionSuitable for
M.Premium$101:8888From 1 pips0Traders needing wide market access via MT4
M.ProFrom 0 pips$4 per lotAdvanced traders wanting zero spread, MT4, ECN

Leverage

MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.

MTrading Fees

Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.

Account TypeSpreadCommission
M.PremiumFrom 1 pips0
M.ProFrom 0 pips$4 per 1.0 lot

Non-Trading Fees

Non-Trading Fees Amount
Deposit Fee0
Withdrawal Fee0
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, macOS, Android, iOSBeginners
MT5Windows, macOS, Android, iOSExperienced traders
WebTraderWeb/
MT4

Deposit and Withdrawal

MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.

Deposit Options

Payment MethodMinimum DepositMaximum DepositDeposit FeesDeposit Time
Local Depositor$10 USD$10,000 USD$0Instant
FPX50 MYR45,000 MYR
Internet Banking
Touch n Go
Tether$50 USD$10,000 USD
Neteller$5,000 USD/EUR
Skrill
Deposit and Withdrawal
orbex
ORBEX Review Summary
Founded/
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, precious metals, energies, indices
Demo Account
Islamic Account
LeverageUp to 1:500
SpreadFrom 1.5 pips (Starter account)
Trading PlatformMT4
Minimum Deposit$100
Customer Support24/5 support, live chat, contact form
Tel: +357 25588855; +357 25588853
Email:support@orbex.com.cy
Address: 82 Street, 6, Kato Polemidia, 4153, Limassol, Cyprus
Facebook, X, LinkedIn,Twitter

ORBEX Information

ORBEX is a regulated broker, offering trading on forex, precious metals, energies, indices, and market holidays with leverage up to 1:500 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $100.

ORBEX Information

Pros and Cons

Pros Cons
Regulated by CYSECTrading fees applied
Demo accounts
Various trading products
MT4 platform
No deposit and withdrawal fees
Live chat support
Popular payment options

Is ORBEX Legit?

Yes. ORBEX is licensed by Cyprus Securities and Exchange Commission (CYSEC) with license number 124/10 to offer services and provides negative balance protection.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
CyprusCYSECRegulatedORBEX LtdMarket Maker (MM)124/10
license

What Can I Trade on ORBEX?

ORBEX offers trading on forex, precious metals, energies, and indices.

ORBEX Clients can execute trades 24 hours a day from 00:05 on Monday until 23:30 on Friday (Cyprus Time), except for some instruments which halt at different times, such as a break.

Tradable Instruments Supported
Forex
Precious Metals
Energies
Cash Indices
Futures Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Account Type

ORBEX offers demo accounts and Islamic (Swap Free) accounts. And here are four account types ORBEX offers: Starter account, Premium account, and Ultimate account.

Account TypeMinimum Deposit
Starter $100
Premium $500
Ultimate $25,000
Account Type

Leverage

ORBEX offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

ORBEX Fees

Account TypeSpread Commission
StarterFrom 1.5 pips$0
Premium From 0.0 pips$8
Ultimate $5

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, MAC OS, Android, iPhone, Multi TerminalBeginners
MT5/Experienced traders

Deposit and Withdrawal

Orbex accepts payments Credit/Debit cards, Skrill/Moneybookers, Neteller, Wire Transfer, and Klarna/Sofort.

Payment OptionsDeposit/Withdrawal Fees Deposit Time Withdrawal Time
Skrill0Up to 2 hoursUp to 24 hours
Direct Debit / Credit Cards3-5 business days
Bank Wire3-5 business days
NETELLERUp to 2 hoursUp to 24 hours
Klarna/Sofort
Deposit and Withdrawal

Do mtrading and orbex have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive mtrading and orbex are, we first considered common fees for standard accounts. On mtrading, the average spread for the EUR/USD currency pair is From 0 pips, while on orbex the spread is As low as 1.5.

Which broker between mtrading, orbex is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

mtrading is regulated by --. orbex is regulated by CYSEC,FSA.

Which broker between mtrading, orbex provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

mtrading provides the M.Pro,M.Premium platform with products like Currencies - 28 Spot metal CFDs - 2 Spot energy CFDs - 3 Cash indices - 8 Stock CFDs - 20 Crypto - 8; orbex offers the STARTER,PREMIUM,ULTIMATE platform featuring assets including --.

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