Eightcap vs orbex, Updated for 2024
Read our In-Depth Eightcap vs orbex Review - 2024 Update
This review comparing Eightcap and orbex has been revised for 2024 from knowledgeable insiders boasting considerable expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Eightcap vs orbex does not apply to all countries as follows:
Eightcap Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
orbex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Eightcap vs orbex
All trading platforms feature some pros and cons, and a complete review of Eightcap and orbex should not be regarded as thorough without adopting a balanced approach.
Assess Eightcap and orbex to understand just how they stack up against each other before you choose to make an account. Performing a side-by-side comparison helps to put things in perspective in order that you remain cognizant of the expectations.
So you are looking for a reputable broker and are choosing between Eightcap or orbex. Who should you choose?
Our Eightcap vs orbex comparison contains the latest information so you can easily compare orbex against Eightcap.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. Eightcap and orbex are just two such companies which will take you and your investment into great heights. It is crucial to compare Eightcap vs orbex before you trust them with your money.
Our Eightcap vs orbex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Eightcap and orbex side by side.
Our full Eightcap vs orbex Review covers all you need to learn about trading with either Eightcap or orbex. A good agent can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you select them. It's a common misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
Eightcap and orbex are both brokers that have paved their way successfully to the brokerage world. In this review, we have attempted to collate a number of the vital facets of both Eightcap and orbex. This review will allow you to know whether either orbex or Eightcap is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of Eightcap and orbex Compared
Eightcap has a minimum deposit of $100 while orbex has a $250 minimum deposit.
Why smaller minimum deposits are good and how Eightcap and orbex 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.
Eightcap has around 100 financial instruments while orbex has around 100 financial instruments available.
The more instruments you can trade on the Eightcap and orbex 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 Eightcap or orbex.
Eightcap and orbex Contact Details
Being able to contact an online trading platform easily is vital. Eightcap and orbex have the following contact details and social medias that you can use.
Broker | Eightcap | orbex |
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Telephone Number | +61 3 8373 4800 | |
customerservice@eightcap.com | ||
Address | Level 6, 360 Collins St, Melbourne, Victoria 3000, AU | |
Eightcap Twitter Account | orbex Twitter Account | |
Eightcap Facebook Page | orbex Facebook Page | |
Eightcap Instagram Account | orbex Instagram Account | |
Eightcap LinkedIn Page | orbex LinkedIn Page | |
YouTube | Eightcap YouTube Channel | orbex YouTube Channel |
Find Out More |
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orbex and Eightcap Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Eightcap and orbex 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 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 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?
Eightcap vs orbex - Awards
Broker | Eightcap | orbex |
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Awards |
Eightcap have won many industry awards over the years they have been operating as a financial broker. We detail the most notable awards for Eightcap here.
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At the time of writing this orbex review, and despite orbex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Eightcap vs orbex - Frequently Asked Questions
Eightcap vs orbex - Headquarters And Year Of Founding
Eightcap was founded in 2009 and has its head office in Australia.
orbex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for orbex or Eightcap
The minimum deposit for Eightcap is $100.
The minimum deposit for orbex is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Eightcap and orbex are a good option.
Eightcap vs orbex - Regulation And Licencing In More Detail
Eightcap is regulated by Australian Securities and Investment Commission (ASIC).
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.
Both Eightcap and orbex have a powerful collection of rules for ensuring fair trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Eightcap vs orbex Commission And Fees
Eightcap and orbex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker isn't necessarily influenced by the number of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you're spending a spread, funding speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither Eightcap or orbex charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often trade, for example weekly or daily trading.
But, non-trading fees billed by Eightcap and orbex are relatively competitive. Consequently, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Eightcap vs orbex review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For Eightcap And orbex
What Languages Do Eightcap And orbex Support?
Being able to communicate completely with your online platform is a key part of comparing brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find the languages that both Eightcap and orbex offer communication in.
How Many Clients Do Eightcap and orbex Have?
Both Eightcap and orbex are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers Eightcap and orbex are active on their platform
What Payment Methods Do Eightcap and orbex Accept?
Eightcap and orbex 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 Eightcap and orbex
What Can You Trade With Eightcap and orbex?
Eightcap offers 100 trading instruments whilst orbex offers 174.
Below you will find a full breakdown of what both Eightcap and orbex offer.
Eightcap Review
Eightcap vs orbex:
Table Of Contents
- Compare Eightcap vs orbex
- Benefits of Eightcap and orbex Compared
- orbex and Eightcap Mobile App Comparison
- Eightcap vs orbex - Awards
- Eightcap vs orbex - Frequently Asked Questions
- What is the minimum deposit for orbex or Eightcap
- Eightcap vs orbex - Regulation And Licencing In More Detail
- Compare Broker Fees For Eightcap And orbex
- What Languages Do Eightcap And orbex Support?
- How Many Clients Do Eightcap and orbex Have?
- What Payment Methods Do Eightcap and orbex Accept?
- What Can You Trade With Eightcap and orbex?