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Read our In-Depth orbex vs umarkets Review - 2022 Update

This orbex vs umarkets 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 umarkets review does not apply to US users.

So you are looking for an online trading platform and are choosing between orbex or umarkets. Which one is best in 2022?

This orbex vs umarkets review contains the most recent information so you can easily compare orbex and umarkets

If you are a new entrant in the world of trading and brokerage, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll acquire adept at all the concepts of broker since you continue trading. For starters, you have to choose the right agent who will 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 program will generate hefty returns. orbex and umarkets are two such stages which will take you and your investment into great heights. It is important that you compare orbex vs umarkets before you trust them with your cash.

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

Our entire orbex vs umarkets Review covers all you will need to learn about trading with either orbex or umarkets. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing objectives.

There\'s absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you select them. It's a frequent misconception that all brokers will be the same, but that\'s not true. Wrong judgment, initially, can set your investments at risk.

orbex and umarkets are both brokers that have paved their way successfully into the broker world. Within this review, we\'ve tried to collate a number of the vital facets of both orbex and umarkets. This review will help you to know whether either orbex or umarkets is a fantastic match for your investments or not. We've tried to breakdown all the features and fees for your convenience.

Compare orbex vs umarkets

Every online trading platform has a few pros and cons, and no orbex and umarkets review would be complete without having a balanced approach. Compare orbex and umarkets to understand how they stack up against each other before you create 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 umarkets

umarkets

Benefits of umarkets

Established in 2018

Headquartered in Bulgaria

Minimum Deposit of $250

(Your capital is at risk)

umarkets 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-F333 Regulations

umarkets Languages

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

umarkets Fees

Deposit FeesNo
Inactivity FeesYes
Withdrawal FeesYes
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 umarkets Compared

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

Why smaller minimum deposits are good and how orbex and umarkets 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 umarkets has around 216 on their platform.

The more instruments you can trade on the orbex and umarkets 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 seriously do not want to miss out on a trading opportunity due to the limitations of orbex or umarkets.

orbex and umarkets Contact Details

Being able to contact your broker through many ways is important. orbex and umarkets have the following contact details and social medias that you can use.

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

Your capital is at risk

Your capital is at risk

umarkets 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 umarkets we'll check whether either of their mobile apps tick all the boxes. We rate overall the user-friendliness of the apps as Better than the average. It is important that any trading app has user friendly capabilities especially with the

Search functions

While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

orbex
learn more about orbex
umarkets
learn more about umarkets
App Basic Alerts Yes Yes
Watchlist Yes Yes
Watchlist Syncs Across Devices No No
Trading Indicators In App Yes Yes
Can Draw Trendlines In App No No
Can Move Drawn Trendlines In App Yes Yes
App Offers Multiple Timeframes No No
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
umarkets
learn more about umarkets
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 umarkets review, and despite umarkets’s impressive offering, the company has surprisingly not garnered any other awards to date.

orbex vs umarkets - Frequently Asked Questions

orbex vs umarkets - Headquarters and year of founding

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

umarkets was founded in 2018 and has its head office in Bulgaria.

What is the minimum deposit for orbex or umarkets

The minimum deposit for orbex is $250.

The minimum deposit for umarkets 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 umarkets are a good choice.

orbex vs umarkets - 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.

umarkets 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-F333.

Both orbex and umarkets have a powerful collection of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.

Compare orbex vs umarkets Commission And Fees

orbex and umarkets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. 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 number of clients they have.

But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of fees for this purpose.

The first kind of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are people that are billed when you maintain a leveraged position for more than daily.

Apart from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They're charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.

Generally, neither orbex or umarkets charge high fees compared to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as daily or weekly trading.

But, non-trading fees charged by orbex and umarkets are comparatively competitive. Consequently, you're charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of assets.

This orbex vs umarkets review for 2022 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For orbex And umarkets

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

What Languages Do orbex and umarkets Support?

Being able to chat easily with your online platform is a key part of comparing trading platforms to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.

Below you can find the languages that both orbex and umarkets offer communication in.

orbex
learn more about orbex
umarkets
learn more about umarkets
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 umarkets Have?

Both orbex and umarkets are well established with their customer base. It is 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 customers orbex and umarkets are working with

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

What Payment Methods Do orbex and umarkets Accept?

orbex and umarkets 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 umarkets

orbex
learn more about orbex
umarkets
learn more about umarkets
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 umarkets?

orbex offers 174 trading instruments whilst umarkets offers Array.

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

orbex
learn more about orbex
umarkets
learn more about umarkets
Total Forex Pairs 144 186
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 134 176
UK Shares No No
US Shares No No
German Shares Yes Yes
Japanese Shares No No