Compare Monex Investindo Futures Vs Orbex: Which is the Better Forex Broker in 2024?
Monex Investindo Futures Vs Orbex, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Monex Investindo Futures Vs Orbex, here is the direct comparison:
Compare | Monex Investindo Futures | Orbex |
General Rating |
1.00/5 |
2.38/5 |
Score | ||
Trustpilot |
3.7/5 3 users |
4.4/5 39 users |
πΌ Regulation | ||
β Info | ||
β Established | 2000 | 2009 |
π² Min Deposit | Rp500,000 | $200 |
β Max Leverage | 1:100 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $20 | $5 |
π‘ Min Position | 0.01 lot | 0.1 lot |
π³ Payment | Bank Transfer, Virtual Account, E-wallet (Linkaja, GoPay and OVO) | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, FasaPay, Tether (USDT) and Perfect Money |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Bengali/Bangla, German, English, Persian, Indonesian, Italian, Japanese, Polish, Urdu, Chinese |
πͺ Trade Now | Open Monex Investindo Futures | Open Orbex |
Compare Again
Testimonials
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Monex Investindo Futures: Just information, Monex is a local broker. All of you...
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Monex Investindo Futures: That's totally easy when doing registration on this broker. No...
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Monex Investindo Futures: Firstly, I doubt all of the local forex brokers, but...
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Monex Investindo Futures: For the local forex standard, I think Monex is suitable...
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Monex Investindo Futures: I don't have special trading experience with a local broker,...
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Orbex: One of the best broker. Good charts, good representatives, good...
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Orbex: I am using this broker for few month and earning...
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Orbex: Very good broker, fast execution, no slippage.
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Orbex: Professional broker and available all the time, effective market analysis,...
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Orbex: Good spreads. As a part time trader I want the...
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See More Monex Investindo Futures Testimonials
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See More Orbex Testimonials
News
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Orbex and HonorFX Sign Partnership Strategic Agreement
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Prepaid Card and Orbex Card App are Now Available
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Orbex Offers New Trading Account with Zero Spread
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Orbex Releases Trading Masterclass Live Webinar Series
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Orbex Awarded as the Most Transparent Forex Broker
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Orbex in Talks to Sponsor Fintech and Crypto Summit in Bahrain
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MENA 2022 Awarded Orbex as the Best FX Education Broker
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Orbex Introduces New Affiliate Program
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Drosoula Hadjisavva Joins Orbex as CMO
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See More Related Orbex News
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Monex Investindo Futures provides their pricing with Variable spread while Orbex offers Variable spread.
Monex Investindo Futures vs Orbex: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Monex Investindo Futures enables trading with MetaTrader 4, MetaTrader 5, MIFX Mobile. The offer is supported with . In comparison, Orbex provides trading with MetaTrader 4 (Limited with 30 days of inactivity) with the support of One-click trading, Trailing stop, Pending orders.
Is Monex Investindo Futures or Orbex better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Monex Investindo Futures supports trading with Forex, Gold, Silver, Oil, Index, while Orbex presents the ability of trading with Forex, Gold & silver, CFD, Oil, Futures, Indexes, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Monex Investindo Futures and Orbex:
- Compare Monex Investindo Futures vs FP Markets
- Compare Monex Investindo Futures vs LiteFinance
- Compare Monex Investindo Futures vs Pepperstone
- Compare Orbex vs Admirals
- Compare Orbex vs FxPro
- Compare Orbex vs Dukascopy
For more comparisons, visit this page.