ThinkMarkets vs orbex, for 2022
|
|
ThinkMarkets Rating: 8.03 / 10 |
orbex Rating: 4.55 / 10 |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs orbex Guide |
Read our In-Depth ThinkMarkets vs orbex Review - Updated for 2022
This ThinkMarkets vs orbex 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 for each broker, the content in this ThinkMarkets vs orbex review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
orbex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a professional broker and are choosing between ThinkMarkets or orbex. Who should you choose?
Our ThinkMarkets vs orbex review contains the latest information so you can easily compare orbex against ThinkMarkets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll get proficient at all of the concepts of brokerage as you continue trading. For starters, you have to choose the right agent who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. ThinkMarkets and orbex are just two such trading platforms which will take you and your investment into great heights. It is crucial that you compare ThinkMarkets vs orbex before you trust them with your cash.
Our ThinkMarkets vs orbex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and orbex side by side.
Our full ThinkMarkets vs orbex Review covers everything you will need to know about trading with either ThinkMarkets or orbex. A fantastic agent can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you select them. It's a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
ThinkMarkets and orbex are both brokers that have found their way successfully to the brokerage world. In this review, we've attempted to collate some of the vital facets of both ThinkMarkets and orbex. This review can help you to know whether either orbex or ThinkMarkets is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Compare ThinkMarkets vs orbex
Every online trading platform will have some ups and downs, and no ThinkMarkets and orbex review would be complete without having a balanced approach. Compare ThinkMarkets and orbex to understand how they line 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.
Benefits of ThinkMarkets and orbex Compared
ThinkMarkets has a minimum deposit of $0 while orbex offers a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets 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.
ThinkMarkets allows you to trade around 1500 financial instruments while orbex has around 1500 available.
The more financial instruments you can trade on the ThinkMarkets 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 seriously do not want to miss out on a trading opportunity due to the limitations of ThinkMarkets or orbex.
ThinkMarkets and orbex Contact Details
Being able to contact a broker easily is a sign of a professional broker. ThinkMarkets and orbex have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | ThinkMarkets | orbex |
Telephone Number | Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975 | |
support@thinkmarkets.com | ||
Address | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom | |
ThinkMarkets Twitter Account | orbex Twitter Account | |
ThinkMarkets Facebook Page | orbex Facebook Page | |
ThinkMarkets Instagram Account | orbex Instagram Account | |
ThinkMarkets LinkedIn Page | orbex LinkedIn Page | |
YouTube | ThinkMarkets YouTube Channel | orbex YouTube Channel |
Find Out More |
|
|
orbex and ThinkMarkets 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 ThinkMarkets and orbex 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 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
ThinkMarkets vs orbex - Awards
|
||
---|---|---|
Broker | ThinkMarkets | orbex |
Awards |
ThinkMarkets have won a lot of industry awards over the time they have been operating as an online broker. We show the most notable awards for ThinkMarkets here.
|
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 |
|
|
ThinkMarkets vs orbex - Frequently Asked Questions
ThinkMarkets vs orbex - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
orbex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for orbex or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
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 ThinkMarkets and orbex are a good option.
ThinkMarkets vs orbex - Regulation And Licencing In More Detail
ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles .
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 ThinkMarkets and orbex have a powerful set of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare ThinkMarkets vs orbex Commission And Fees
ThinkMarkets and orbex are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of penalties for this objective.
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 fees. In these cases, you are spending a spread, funding rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are those that are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither ThinkMarkets or orbex charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by ThinkMarkets and orbex are comparatively greater. Consequently, you're charged more for non-trading activities in your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of resources.
This ThinkMarkets vs orbex review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For ThinkMarkets And orbex
What Languages Do ThinkMarkets And orbex Support?
Being able to chat easily with your trading broker is a key part of comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading online.
Here you will find the languages that both ThinkMarkets and orbex offer communication in.
How Many Clients Do ThinkMarkets and orbex Have?
Both ThinkMarkets and orbex are well established with their client base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers ThinkMarkets and orbex are active on their platform
|
||
---|---|---|
Broker | ThinkMarkets | orbex |
Clients / Users | 475,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do ThinkMarkets and orbex Accept?
ThinkMarkets 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 ThinkMarkets and orbex
What Can You Trade With ThinkMarkets and orbex?
ThinkMarkets offers 1500 trading instruments while orbex offers 174.
Below you will find a full breakdown of what both ThinkMarkets and orbex offer.
Compare ThinkMarkets To All Other Brokers
Compare orbex To All Other Brokers
ThinkMarkets Review
ThinkMarkets vs orbex:
Table Of Contents
- Compare ThinkMarkets vs orbex
- Benefits of ThinkMarkets and orbex Compared
- orbex and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs orbex - Awards
- ThinkMarkets vs orbex - Frequently Asked Questions
- What is the minimum deposit for orbex or ThinkMarkets
- ThinkMarkets vs orbex - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And orbex
- What Languages Do ThinkMarkets And orbex Support?
- How Many Clients Do ThinkMarkets and orbex Have?
- What Payment Methods Do ThinkMarkets and orbex Accept?
- What Can You Trade With ThinkMarkets and orbex?