FX Primus vs orbex, Updated for 2023
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FX Primus Rating
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orbex Rating
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Losses can exceed deposits |
Your capital is at risk |
FX Primus vs orbex Guide |
Read our In-Depth FX Primus vs orbex Review - Updated for 2023
This review comparing FX Primus and orbex has been refreshed to reflect any changes for 2023 from industry experts boasting considerable financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs orbex does not apply to all countries as follows:
FX Primus 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 FX Primus vs orbex
Every platforms for online trading will have a few advantages and disadvantages, so any comprehensive FX Primus and orbex review would not be complete without having a fair assessment.
Assess orbex and FX Primus to understand just how these platforms compare to each prior to you make an account. A side-by-side comparison can put things in perspective to ensure that you are informed about the expectations.
So you are looking for a broker and are choosing between FX Primus or orbex. Which one is best in 2023?
This FX Primus vs orbex comparison contains the most recent information so you can easily compare orbex against FX Primus.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll get adept at all the concepts of broker since you continue trading. For starters, you need to choose the ideal 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 has the potential to generate hefty returns. FX Primus and orbex are just two such trading platforms that will take you and your investment to great heights. It is crucial to compare FX Primus vs orbex before you trust them with your cash.
Our FX Primus vs orbex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and orbex side by side.
Our entire FX Primus vs orbex Review covers everything you will need to know about trading using either FX Primus or orbex. 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 method to guarantee profits; thus, you must carefully assess your broker before you choose them. It's a common misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
FX Primus and orbex are both brokers which have found their way successfully into the broker world. In this review, we have tried to collate some of the vital facets of both FX Primus and orbex. This review can allow you to understand whether either orbex or FX Primus is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of FX Primus and orbex Compared
FX Primus offers a minimum deposit of $100 while orbex has a $250 minimum deposit.
Why smaller minimum deposits are good and how FX Primus 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.
FX Primus has around 100 financial instruments while orbex allows you to trade around 100 on their platform.
The more financial instruments you can trade on the FX Primus and orbex 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 FX Primus or orbex.
FX Primus and orbex Contact Details
Being able to contact a broker easily is a sign of a professional broker. FX Primus and orbex have the following contact details and social medias that you can use.
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Broker | FX Primus | orbex |
Telephone Number | +357 25 030072 | |
support@fxprimus.com | ||
Address |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus | |
FX Primus Twitter Account | orbex Twitter Account | |
FX Primus Facebook Page | orbex Facebook Page | |
FX Primus Instagram Account | orbex Instagram Account | |
FX Primus LinkedIn Page | orbex LinkedIn Page | |
YouTube | FX Primus YouTube Channel | orbex YouTube Channel |
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orbex and FX Primus 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 FX Primus and orbex will examine whether their mobile app meets all our requirements.
Overall, we rate 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.
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?
FX Primus vs orbex - Awards
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Broker | FX Primus | orbex |
Awards |
FX Primus have won many industry awards over the years they have been operating as an online broker. We list the most notable awards for FX Primus below.
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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. |
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FX Primus vs orbex - Frequently Asked Questions
FX Primus vs orbex - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its headquaters in Cyprus.
orbex was founded in 2012 and has its headquaters in Cyprus.
What is the minimum deposit for orbex or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for orbex 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 FX Primus and orbex are a good option.
FX Primus vs orbex - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
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 FX Primus and orbex have a powerful set of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FX Primus vs orbex Commission And Fees
FX Primus and orbex 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 better. That is, an online broker is not necessarily influenced by the amount of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of fees for this objective.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you're spending a spread, financing rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither FX Primus or orbex charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by FX Primus and orbex are comparatively competitive. Consequently, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This FX Primus vs orbex review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For FX Primus And orbex
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Broker | FX Primus | orbex |
Minimum Deposit | $100 | $250 |
Withdrawal Fees | Yes | Yes |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | No | No |
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What Languages Do FX Primus And orbex Support?
Being able to chat completely with your online platform is a key element when comparing online brokers to find the best broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Here you will find the languages that both FX Primus and orbex offer communication in.
How Many Clients Do FX Primus and orbex Have?
Both FX Primus and orbex are well established with their client base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients FX Primus and orbex have
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Broker | FX Primus | orbex |
Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FX Primus and orbex Accept?
FX Primus 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 FX Primus and orbex
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Broker | FX Primus | orbex |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | Yes |
Neteller | Yes | Yes |
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What Can You Trade With FX Primus and orbex?
FX Primus offers 100 trading instruments while orbex offers 174.
Below you will find a full breakdown of what both FX Primus and orbex offer.
FX Primus Review
FX Primus vs orbex:
Table Of Contents
- Compare FX Primus vs orbex
- Benefits of FX Primus and orbex Compared
- orbex and FX Primus Mobile App Comparison
- FX Primus vs orbex - Awards
- FX Primus vs orbex - Frequently Asked Questions
- What is the minimum deposit for orbex or FX Primus
- FX Primus vs orbex - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And orbex
- What Languages Do FX Primus And orbex Support?
- How Many Clients Do FX Primus and orbex Have?
- What Payment Methods Do FX Primus and orbex Accept?
- What Can You Trade With FX Primus and orbex?