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Read our In-Depth orbex vs Velocity Trade Review - 2022 Update

This orbex vs Velocity Trade 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 Velocity Trade review does not apply to US users.

So you are looking for an online trading platform and are choosing between orbex or Velocity Trade. Who is better in 2022?

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

If you are a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll acquire proficient at all of the concepts of broker since you continue trading. For starters, you have to select the right broker who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program will create hefty returns. orbex and Velocity Trade are just two such platforms which will take you along with your investment to great heights. It is important to compare orbex vs Velocity Trade until you trust them with your money.

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

Our full orbex vs Velocity Trade Review covers everything you will need to know about trading using either orbex or Velocity Trade. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investing objectives.

There\'s absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

orbex and Velocity Trade are both brokers which have found their way successfully to the broker world. Within this review, we have attempted to collate some of the important facets of both orbex and Velocity Trade. This review will help you to know whether either orbex or Velocity Trade is a fantastic fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.

Compare orbex vs Velocity Trade

Every online trading platform will have a few pros and cons, and no orbex and Velocity Trade review would be complete without showing both sides. Compare orbex and Velocity Trade 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 Velocity Trade

Velocity Trade

Benefits of Velocity Trade

Established in 2007

Headquartered in Australia

Minimum Deposit of $1

(Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific.)

Velocity Trade Regulations

Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263) Regulations

Velocity Trade Languages

English, and Chinese

Velocity Trade Fees

Deposit FeesNo
Inactivity FeesYes
Withdrawal FeesNo
Min Deposit$1

(Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific.)


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 Velocity Trade Compared

orbex has a minimum deposit of $250 while Velocity Trade has a $1 minimum deposit.

Why smaller minimum deposits are good and how orbex and Velocity Trade 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 Velocity Trade has around 249 financial instruments available.

The more financial instruments you can trade on the orbex and Velocity Trade 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 never want to miss out on a trading opportunity due to the limitations of orbex or Velocity Trade.

orbex and Velocity Trade Contact Details

Being able to contact your broker through many ways is a sign of a professional broker. orbex and Velocity Trade have the following contact details and social medias that you can use.

orbex
learn more about orbex
Velocity Trade
learn more about Velocity Trade
Telephone Number +61 2 8274 2500
Email sales-aus@velocitytrade.com
Address Suite 9.01, 95 Pitt Street, Sydney, NSW 2000, Australia
Twitter @ @
Facebook
Instagram
LinkedIn https://www.linkedin.com/company/velocity-trade/
YouTube https://www.youtube.com/channel/UC4MgDxvcep6kmI431WZPFQA

Your capital is at risk

Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific.

Velocity Trade 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. This part of comparing Velocity Trade and orbex will examine whether their mobile app meets all our requirements. 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 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
Velocity Trade
learn more about Velocity Trade
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

Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific.

Review - Awards

orbex
learn more about orbex
Velocity Trade
learn more about Velocity Trade
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 Velocity Trade review, and despite Velocity Trade’s impressive offering, the company has surprisingly not garnered any other awards to date.

orbex vs Velocity Trade - Frequently Asked Questions

orbex vs Velocity Trade - Headquarters and year of founding

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

Velocity Trade was founded in 2007 and has its head office in Australia.

What is the minimum deposit for orbex or Velocity Trade

The minimum deposit for orbex is $250.

The minimum deposit for Velocity Trade is $1.

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 Velocity Trade are a good option.

orbex vs Velocity Trade - 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.

Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263).

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

As per their individual privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Compare orbex vs Velocity Trade Commission And Fees

orbex and Velocity Trade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily affected by the number of customers they have.

However, this doesn't 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 three different types of penalties for this objective.

The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you are paying a spread, funding speed, or a commission. The sorts of trading fees and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those who are billed when you maintain a leveraged position for more than daily.

Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.

In general, neither orbex or Velocity Trade charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who often exchange, for example daily or weekly trading.

However, non-trading fees charged by orbex and Velocity Trade are comparatively higher. Consequently, you're charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the purchase and sale of assets.

This orbex vs Velocity Trade review for 2022 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For orbex And Velocity Trade

orbex
learn more about orbex
Velocity Trade
learn more about Velocity Trade
Minimum Deposit $250 $1
Withdrawal Fees Yes No
Inactivity Fees No Yes
Deposit Fees No No
CFD Fees No No

What Languages Do orbex and Velocity Trade Support?

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

Below you will find the languages that both orbex and Velocity Trade offer communication in.

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

How Many Clients Do orbex and Velocity Trade Have?

Both orbex and Velocity Trade are well known and trusted. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers they already work with.

Below you will find details of how many customers orbex and Velocity Trade are working with

orbex
learn more about orbex
Velocity Trade
learn more about Velocity Trade
Clients 10,000+ 10,000+

What Payment Methods Do orbex and Velocity Trade Accept?

orbex and Velocity Trade 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 Velocity Trade

orbex
learn more about orbex
Velocity Trade
learn more about Velocity Trade
Bank Transfers Yes Yes
Credit Cards Yes Yes
PayPal Yes No
Skrill Yes No
Payoneer Yes Yes
Neteller Yes No

What Can You Trade With orbex and Velocity Trade?

orbex offers 174 trading instruments whilst Velocity Trade offers Array.

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

orbex
learn more about orbex
Velocity Trade
learn more about Velocity Trade
Total Forex Pairs 144 45
Major Forex Pairs Yes Yes
Minor Forex Pairs Yes No
Exotic Forex Pairs Yes Yes
Commodities Yes No
Metals Yes Yes
Energies Yes Yes
Agricultural No Yes
Total Shares 134 100
UK Shares No Yes
US Shares No No
German Shares Yes No
Japanese Shares No No