FreshForex vs orbex, Updated for 2024
Read our In-Depth FreshForex vs orbex Review - Updated for 2024
This FreshForex vs orbex review has been refreshed to reflect any changes for 2024 by knowledgeable insiders with significant financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FreshForex vs orbex does not apply to all countries as follows:
FreshForex Excluded Countries
United States of America, United Kingdom, Russian Federation, and France.
orbex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FreshForex vs orbex
All trading platforms has a few advantages and disadvantages, so a complete FreshForex and orbex review should not be regarded as thorough without having a balanced approach.
Examine FreshForex and orbex to get a better understanding of just how they compare against one another before you make an account. Performing a side-by-side comparison helps to place factors into perspective to ensure that you are informed about what you should anticipate.
So you are looking for a reputable broker and are choosing between FreshForex or orbex. Who is better in 2024?
This FreshForex vs orbex comparison contains the latest information so you can easily compare orbex against FreshForex.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will acquire proficient at all of the concepts of broker since you keep trading. For starters, you have to select the right broker who'll 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 has the potential to create hefty returns. FreshForex and orbex are just two such platforms that will take you along with your investment into great heights. It is important to compare FreshForex vs orbex until you trust them with your cash.
Our FreshForex vs orbex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FreshForex and orbex side by side.
Our entire FreshForex vs orbex Review covers everything you need to know about trading using either FreshForex or orbex. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you choose them. It's a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
FreshForex and orbex are both brokers which have found their way successfully into the broker world. In this review, we've attempted to collate a number of the important aspects of both FreshForex and orbex. This review will allow you to understand whether either orbex or FreshForex is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of FreshForex and orbex Compared
FreshForex has a minimum deposit of $1 while orbex has a $250 minimum deposit.
Why smaller minimum deposits are good and how FreshForex 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.
FreshForex allows you to trade around 144 financial instruments whilst orbex has around 144 on their platform.
The more instruments you can trade on the FreshForex 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 seriously do not want to miss out on a trading opportunity due to the limitations of FreshForex or orbex.
FreshForex and orbex Contact Details
Being able to contact a broker through many ways is vital. FreshForex and orbex have the following contact details and social medias that you can use.
Broker | FreshForex | orbex |
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Telephone Number | +44 207 099 2124 | |
info@freshforex.com | ||
Address | Suite 305 Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingstown, St. Vincent and the Grenadines | |
FreshForex Twitter Account | orbex Twitter Account | |
FreshForex Facebook Page | orbex Facebook Page | |
FreshForex Instagram Account | orbex Instagram Account | |
FreshForex LinkedIn Page | orbex LinkedIn Page | |
YouTube | FreshForex YouTube Channel | orbex YouTube Channel |
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orbex and FreshForex 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 FreshForex and orbex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the 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
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 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?
FreshForex vs orbex - Awards
Broker | FreshForex | orbex |
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Awards |
FreshForex have won a lot of industry awards over the years they have been operating as an online broker. We list the most notable awards for FreshForex 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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FreshForex vs orbex - Frequently Asked Questions
FreshForex vs orbex - Headquarters And Year Of Founding
FreshForex was founded in 2004 and has its head office in Russia.
orbex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for orbex or FreshForex
The minimum deposit for FreshForex is $1.
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 FreshForex and orbex are a good option.
FreshForex vs orbex - Regulation And Licencing In More Detail
FreshForex is regulated by SVGFSA 20623 IBC 2012.
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 FreshForex and orbex have a strong set of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FreshForex vs orbex Commission And Fees
FreshForex and orbex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you are paying a spread, financing speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people that are charged when you maintain a leveraged position for more than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither FreshForex or orbex charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees billed by FreshForex and orbex are relatively greater. Consequently, you're charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This FreshForex vs orbex review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FreshForex And orbex
What Languages Do FreshForex And orbex Support?
Being able to talk completely with your online platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find the languages that both FreshForex and orbex support.
How Many Clients Do FreshForex and orbex Have?
Both FreshForex and orbex are well established with their client base. It is really important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers FreshForex and orbex are working with
What Payment Methods Do FreshForex and orbex Accept?
FreshForex 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 FreshForex and orbex
What Can You Trade With FreshForex and orbex?
FreshForex offers 144 trading instruments whilst orbex offers 174.
Below you will find a full breakdown of what both FreshForex and orbex offer.
FreshForex Review
FreshForex vs orbex:
Table Of Contents
- Compare FreshForex vs orbex
- Benefits of FreshForex and orbex Compared
- orbex and FreshForex Mobile App Comparison
- FreshForex vs orbex - Awards
- FreshForex vs orbex - Frequently Asked Questions
- What is the minimum deposit for orbex or FreshForex
- FreshForex vs orbex - Regulation And Licencing In More Detail
- Compare Broker Fees For FreshForex And orbex
- What Languages Do FreshForex And orbex Support?
- How Many Clients Do FreshForex and orbex Have?
- What Payment Methods Do FreshForex and orbex Accept?
- What Can You Trade With FreshForex and orbex?