No broker is perfect, and Orbex is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to Orbex:
- Orbex has a high min. deposit ($/£/€500)
- Orbex does not offer MT5
- Orbex does not offer VPS services
- Orbex does not offer access to IPOs
Whatever your reason, we've got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best Orbex alternatives.
Top alternative: eToro
The most popular alternative to Orbex is eToro, a brokerage regulated by the Financial Conduct Authority, UK and used by 6 million traders. Another strong alternative is AvaTrade, which is regulated by Central Bank of Ireland, ASiC, FSA and the FSB.
Here are some of the key reasons why traders choose eToro and AvaTrade over Orbex:
|Regulator||Financial Conduct Authority, CySEC||Financial Conduct Authority, CySEC||Central Bank of Ireland, ASiC , FSA, FSB and BVI|
|Min. Trade||0.01 Lot||$25||0.01 Lot|
|Platforms||MT4, Mac, Web Trader, Tablet & Mobile apps||Mirror Trader, Web Trader, Tablet & Mobile apps||MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps|
If you want to read more about eToro, we've put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.Visit eToro
If eToro isn't quite right, we've also listed ten suitable Orbex alternatives below. You can click between the different instruments to compare each broker's spreads for that instrument.