Bright Orange vs Orange Magma

How close are they?

ΔE 9.2, close: similar, with a visible difference side by side. Orange Magma is a little lighter, more muted than Bright Orange.

Can I use Orange Magma instead of Bright Orange?

Usually, if you are not matching paint already on the model. Close match (ΔE 9). Orange Magma is a little lighter, more muted than Bright Orange.

Can I use Bright Orange instead of Orange Magma?

The same difference applies the other way round: Bright Orange is a little darker, more saturated.

ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.