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Read our In-Depth orbex vs forexct Review - Updated for 2022

This orbex vs forexct review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this orbex vs forexct review does not apply to US users.

So you are looking for a broker and are choosing between orbex or forexct. Which one is best in 2022?

Our orbex vs forexct review contains the most recent information so you can easily compare orbex and forexct

If you're a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll acquire adept at all of the concepts of broker since you keep trading. For starters, you have to choose the right agent who'll be transparent with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan will generate hefty returns. orbex and forexct are two such platforms that will take you along with your investment into great heights. It's important to compare orbex vs forexct before you trust them with your money.

Our orbex vs forexct comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust orbex and forexct side by side.

Our entire orbex vs forexct Review covers all you need to learn about trading with either orbex or forexct. A fantastic agent can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.

There\'s absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you select them. It's a common misconception that all brokers will be exactly the same, but that\'s not correct. Wrong judgment, initially, can put your investments at risk.

orbex and forexct are both brokers which have found their way successfully into the brokerage world. In this review, we have attempted to collate a number of the vital aspects of both orbex and forexct. This review can allow you to understand whether either orbex or forexct is a fantastic match for your investments or not. We've tried to breakdown all the features and fees for your advantage.

Compare orbex vs forexct

Every online trading system has some pros and cons, and no orbex and forexct review would be complete without having a balanced approach. Compare orbex and forexct to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.


learn more about orbex

orbex

Benefits of orbex

Established in 2012

Headquartered in Cyprus

Minimum Deposit of $250

(Your capital is at risk)

orbex Regulations

Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291 Regulations

orbex Languages

English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

orbex Fees

Deposit FeesNo
Inactivity FeesNo
Withdrawal FeesYes
Min Deposit$250

(Your capital is at risk)


learn more about forexct

forexct

Benefits of forexct

Established in 2021

Headquartered in Australia

Minimum Deposit of $250

(Your capital is at risk)

forexct Regulations

Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F228 Regulations

forexct Languages

English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

forexct Fees

Deposit FeesYes
Inactivity FeesNo
Withdrawal FeesNo
Min Deposit$250

(Your capital is at risk)


learn more about eToro

eToro (Our Preferred Broker)

Benefits of eToro

Established in 2007

Headquartered in Cyprus, UK

Minimum Deposit of $50


(67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies)

eToro Regulations

Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

eToro Languages

English, German, Spanish, French, and Italian

eToro Fees

Deposit FeesNo
Inactivity FeesYes
Withdrawal FeesYes
Min Deposit$50

(67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies)

Benefits of orbex and forexct Compared

orbex has a minimum deposit of $250 while forexct offers a $250 minimum deposit.

Why smaller minimum deposits are good and how orbex and forexct compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

orbex allows you to trade around 174 financial instruments while forexct has around 111 financial instruments on their platform.

The more instruments you can trade on the orbex and forexct platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of orbex or forexct.

orbex and forexct Contact Details

Being able to contact a broker easily is vital. orbex and forexct have the following contact details and social medias that you can use.

orbex
learn more about orbex
forexct
learn more about forexct
Telephone Number
Email
Address
Twitter @ @
Facebook
Instagram
LinkedIn
YouTube

Your capital is at risk

Your capital is at risk

forexct and orbex Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms. This part of comparing forexct and orbex will examine whether their mobile app meets all our requirements. We rate overall the user-friendliness of the apps as better than average. It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

search functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

orbex
learn more about orbex
forexct
learn more about forexct
App Basic Alerts Yes Yes
Watchlist Yes Yes
Watchlist Syncs Across Devices No Yes
Trading Indicators In App Yes Yes
Can Draw Trendlines In App No Yes
Can Move Drawn Trendlines In App Yes Yes
App Offers Multiple Timeframes No Yes
App Saves Charts Yes Yes
App Has Economic Calendars Yes Yes

Your capital is at risk

Your capital is at risk

Review - Awards

orbex
learn more about orbex
forexct
learn more about forexct
Awards At the time of writing this orbex review, and despite orbex’s impressive offering, the company has surprisingly not garnered any other awards to date. At the time of writing this forexct review, and despite forexct’s impressive offering, the company has surprisingly not garnered any other awards to date.

orbex vs forexct - Frequently Asked Questions

orbex vs forexct - Headquarters and year of founding

orbex was founded in 2012 and has its head office in Cyprus.

forexct was founded in 2021 and has its head office in Australia.

What is the minimum deposit for orbex or forexct

The minimum deposit for orbex is $250.

The minimum deposit for forexct is $250.

Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both orbex and forexct are a good option.

orbex vs forexct - Regulation And Licencing In More Detail

orbex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291.

forexct is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F228.

Both orbex and forexct have a strong set of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).

As per their privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare orbex vs forexct Commission And Fees

orbex and forexct are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.

But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.

The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you are paying a spread, financing speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those that are billed when you hold a leveraged position for longer than daily.

Apart from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake in your account. They are billed for operations like depositing money, not investing for long periods, or withdrawals.

Generally, neither orbex or forexct charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly trade, for example daily or weekly trading.

But, non-trading fees billed by orbex and forexct are relatively lower. As a result, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.

This orbex vs forexct review for 2022 breaks down each of the applicable non-trading fees for you in detail.

Compare Broker Fees For orbex And forexct

orbex
learn more about orbex
forexct
learn more about forexct
Minimum Deposit $250 $250
Withdrawal Fees Yes No
Inactivity Fees No No
Deposit Fees No Yes
CFD Fees No Yes

What Languages Do orbex and forexct Support?

Being able to talk easily with your trading platform is a key way of comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.

Here you can find the languages that both orbex and forexct support.

orbex
learn more about orbex
forexct
learn more about forexct
Languages English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

How Many Clients Do orbex and forexct Have?

Both orbex and forexct are well known and trusted. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many clients orbex and forexct have

orbex
learn more about orbex
forexct
learn more about forexct
Clients 10,000+ 10,000+

What Payment Methods Do orbex and forexct Accept?

orbex and forexct both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at orbex and forexct

orbex
learn more about orbex
forexct
learn more about forexct
Bank Transfers Yes Yes
Credit Cards Yes Yes
PayPal Yes Yes
Skrill Yes Yes
Payoneer Yes Yes
Neteller Yes Yes

What Can You Trade With orbex and forexct?

orbex offers 174 trading instruments and forexct offers Array.

Below you will find a full breakdown of what both orbex and forexct offer

orbex
learn more about orbex
forexct
learn more about forexct
Total Forex Pairs 144 81
Major Forex Pairs Yes Yes
Minor Forex Pairs Yes Yes
Exotic Forex Pairs Yes Yes
Commodities Yes Yes
Metals Yes Yes
Energies Yes Yes
Agricultural No No
Total Shares 134 71
UK Shares No No
US Shares No No
German Shares Yes Yes
Japanese Shares No No