ORBEX RATING REVIEW

-FOREX BROKER RATING {74.4%}

Orbex is an ECN Forex broker situated in Cyprus and maintaining also offices in Kuwait. Orbex is regulated by FCA UK and CySEC and registered with many more regulatory bodies (check at the end of this review for full licenses). Segregated client bank accounts are provided to all clients. Orbex offer only one desktop platform which is MetaTrader-4, in two versions (PC and MAC) plus the MT4 multi-terminal. There is a MT4 app covering all major mobile devices (check below). Automated trading and scalping are allowed (ECN accounts only) and Orbex offers also a free VPS hosting. The Orbex asset index contains 28 Forex pairs plus all major metals, energy and equity indices. The trading spreads are considerably tight starting as low as 0.6 pips for EURUSD plus $10 / lot commissions. If you want to trade without any commissions you pay spreads starting as low as 1.5 pips for EURUSD.

As concerns Orbex accounts, there are 5 account types starting with the Universal Mini Forex Account (minimum deposit $500) and the ECN Standard Account (minimum deposit $500) and getting up to the ECN Advanced Account (minimum deposit $25,000). Note that you can open an ECN account with as low as $500, and that is good. There are a lot of different fund methods that can be used, as you may see below, while no commissions or fees are charged on deposits or withdrawals. The broker offers also daily market research and analysis plus Forex education in online training. No welcome bonus is offered for new clients.

In overall Orbex is a good choice for advanced Forex traders offering tight spreads and good technology. Forex scalpers and Forex news-traders can take advantage of fast execution and the free VPS service for all Orbex clients.

Orbex Trading Platforms

  • Minimum Account: 500USD
  • Fund Methods: Cards, Wire, CashU, Neteller, Skrill, WebMoney
  • Account Currencies: United States dollar | Euro
  • SWAP-Free Accounts: Yes
  • Platforms: MetaTrader4 | WebTrader | Mobile Apps
  • Forex Index: Orbex offers 28 Forex pairs
  • Metals: Gold and Silver (vs USD and vs Euro)
  • Energy: Crude Oil | Natural Gas
  • Commodities: Coffee | Sugar
  • Shares: No
  • Indices: Dow Jones, Nasdaq, S&P500, DAX
  • Customer Support: 24/5 via Live Chat, Phone, eMail, Callback
  • Support Languages: English, Arabic, Spanish, German, Bengali, Russian, Chinese, Urdu, Bulgarian, Greek

100% Withdrawable Cash Bonus -Up to ,000

Here is the Orbex Rating Summary

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ORBEX RATING SUMMARY  
Based on the Main Rating Table (MAX 100%)
A. ORBEX FUNDS SAFETY 86.0%
B. ORBEX TRANSACTION COST 76.8%
C. ORBEX TRADING OPTIONS AVAILABLE 61.5%
D. ORBEX TECHNOLOGY 72.5%
Overall Orbex Rating 74.4%
RATING PER TRADING EXPERIENCE  
Based on Orbex Sub-Formulas (MAX 100%)
Forex Beginners 76.3%
Advanced Forex Traders 71.6%
Professional Forex Traders 69.5%
Overall Orbex Rating 74.4%

 

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AVATRADE RATING REVIEW

-FOREX BROKER RATING {68.7%}

AvaTrade is a Dealing-Desk broker (DD) offering Forex, Shares, Indices, Bonds and Commodities via CFDs, Futures and Options. One of the great advantages when trading with AvaTrade is the safety of your money as Ava is a multi-regulated broker offering also segregated bank accounts via an A’ Rated European Bank. AvaTrade offers one of the widest asset indexes in the market containing more than 55 Forex pairs, tens of indices, hundreds of shares, tens of commodities, bonds plus Forex Options. AvaTrade clients can also trade BitCoin and LiteCoin. Accounts with Ava may be opened with as little as 100EUR and funded via many different methods (check below). AvaTrade offers 3 main platforms (MetaTrader4, WebTrader and MirrorTrader) plus 5 Mobile Apps for all popular devices (iPhone, Android, Windows, Blackberry and Symbian). The spreads when trading with Ava are considerably wide. In the micro account the EURUSD fixed spread is at 3.0 pips. Larger accounts may enjoy better spreads. The slippage on execution is also high and that makes News-Trading very difficult. Scalping is partly allowed but high slippage on execution makes it very difficult too.

AvaTrade provides a very good customer support in 24/5 basis via phone, live chat and email. The support is also multi-lingual, covering many languages from all over the world (check below). In overall AvaTrade is a good choice for swing traders and long traders but not for intraday traders.

  • Minimum Account: 100EUR
  • Fund Methods: Credit / Debit Cards | Bank Wire | Neteller | PayPal | Skrill | WebMoney
  • Account Currencies: Euro | Japanese Yen | Australian Dollar
  • Platforms: MetaTrader4 | WebTrader | MirrorTrader | 5 Mobile Apps (iOs, Android, Windows, Blackberry, Symbian)
  • Forex Index: AvaTrade offers more than 55 Forex pairs | Trading Forex Options
  • Digital Currencies: Trading BitCoin | LiteCoin
  • Metals: Gold, Silver, Platinum, Palladium, Copper
  • Energy: Crude, Brent, Natural Gas, Gasoline
  • Commodities: Corn, Wheat, Coffee, Sugar, SoyBeans
  • Bonds: US Bonds | World Bonds
  • Shares: Hundreds of shares from US, Europe, Asia and Oceania
  • Indices: Dow, Nasdaq, S&P 500, DAX and tens of other Indices
  • Customer Support: 24/5 via Live Chat, Phone, eMail
  • Support Languages: English | Arabic | Chinese | Dutch | French | German | Greek | Hindi | Hungarian | Italian | Japanese | Portuguese | Romanian | Russian | Slovenian | Spanish | Swedish | Turkish

LEARN HOW TO TRADE CRYPTO

Here is the AvaTrade Rating Summary

» AVATRADE WEB

AVATRADE RATING SUMMARY  
Based on the Main Rating Table (MAX 100%)
A. AVATRADE FUNDS SAFETY 83.3%
B. AVATRADE TRANSACTION COST 42.9%
C. AVATRADE TRADING OPTIONS AVAILABLE 88.5%
D. AVATRADE TECHNOLOGY 60.0%
Overall AvaTrade Rating 68.7%
RATING PER TRADING EXPERIENCE  
Based on AvaTrade Sub-Formulas (MAX 100%)
Forex Beginners 70.3%
Advanced Forex Traders 59.7%
Professional Forex Traders 49.2%
Overall AvaTrade Rating 68.7%


» AVATRADE NEW ACCOUNT REGISTRATION