orbex Rating: 4.55 / 10
Saxo Markets Rating: 4.38 / 10
Your capital is at risk
Losses can exceed deposits
orbex vs Saxo Markets Guide
Read our In-Depth orbex vs Saxo Markets Review - 2022 Update
This orbex vs Saxo Markets 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 Saxo Markets review does not apply to US users.
So you are looking for a broker and are choosing between orbex or Saxo Markets. Who should you choose?
This orbex vs Saxo Markets review contains the most recent information so you can easily compare orbex and Saxo Markets
If you're a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the right broker who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program will create hefty returns. orbex and Saxo Markets are two such companies which will take you along with your investment into great heights. It is crucial that you compare orbex vs Saxo Markets before you trust them with your cash.
Our orbex vs Saxo Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust orbex and Saxo Markets side by side.
Our full orbex vs Saxo Markets Review covers all you need to learn about trading using either orbex or Saxo Markets. A fantastic broker can multiply your initial investments and provide you favorable profits. If you would like to earn 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 must carefully assess your broker before you choose them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
orbex and Saxo Markets are both brokers which have found their way successfully into the brokerage world. In this review, we\'ve attempted to collate a number of the important facets of both orbex and Saxo Markets. This review will allow you to understand whether either orbex or Saxo Markets is a good match for your own investments or not. We have tried to breakdown all of the features and charges for your advantage.
Compare orbex vs Saxo Markets
Every online trading system will have a few ups and downs, and no orbex and Saxo Markets review would be complete without showing both sides. Compare orbex and Saxo Markets to understand how they stack 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.
Benefits of orbex and Saxo Markets Compared
orbex offers a minimum deposit of $250 while Saxo Markets offers a $6500 minimum deposit.
Why smaller minimum deposits are good and how orbex and Saxo Markets 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 has around 174 financial instruments while Saxo Markets allows you to trade around 100 available.
The more financial instruments you can trade on the orbex and Saxo Markets trading 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 Saxo Markets.
orbex and Saxo Markets Contact Details
Being able to contact your broker through many ways is important. orbex and Saxo Markets have the following contact details and social medias that you can use.
Your capital is at risk
Losses can exceed deposits
Saxo Markets and orbex Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of orbex and Saxo Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. 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?
Review - Awards
orbex vs Saxo Markets - Frequently Asked Questions
orbex vs Saxo Markets - Headquarters and year of founding
orbex was founded in 2012 and has its head office in Cyprus.
Saxo Markets was founded in 2012 and has its head office in Denmark.
What is the minimum deposit for orbex or Saxo Markets
The minimum deposit for orbex is $250.
The minimum deposit for Saxo Markets is $6500.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both orbex and Saxo Markets are a good choice.
orbex vs Saxo Markets - 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.
Saxo Markets is regulated by Financial Conduct Authority (FCA).
Both orbex and Saxo Markets have a strong set of rules for ensuring fair trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare orbex vs Saxo Markets Commission And Fees
orbex and Saxo Markets are online brokerage platforms, and many 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 affected by the amount of clients they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you are paying a spread, funding rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people that are charged when you maintain a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither orbex or Saxo Markets charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees charged by orbex and Saxo Markets are comparatively greater. As a result, you are billed more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of assets.
This orbex vs Saxo Markets review for 2022 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For orbex And Saxo Markets
What Languages Do orbex and Saxo Markets Support?
Being able to communicate easily with your trading broker is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.
Here you can find all the languages that both orbex and Saxo Markets support.
|Languages||English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic||English, and Chinese|
How Many Clients Do orbex and Saxo Markets Have?
Both orbex and Saxo Markets are well known and trusted. It is really important to work with a broker you can trust and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients orbex and Saxo Markets are active on their platform
What Payment Methods Do orbex and Saxo Markets Accept?
orbex and Saxo Markets 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 Saxo Markets
What Can You Trade With orbex and Saxo Markets?
orbex offers 174 trading instruments and Saxo Markets offers Array.
Below you will find a full breakdown of what both orbex and Saxo Markets offer