XM vs orient financial brokers, for 2024
Read our In-Depth XM vs orient financial brokers Review - Updated for 2024
Our comprehensive analysis of XM and orient financial brokers has been refreshed for 2024 from industry experts with years of expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of XM vs orient financial brokers does not apply to all countries as follows:
XM Excluded Countries
Canada, Israel, and United States of America.
orient financial brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare XM vs orient financial brokers
Each trading platforms will have a few advantages and disadvantages, so any comprehensive XM and orient financial brokers review would not be complete without embracing an objective perspective.
Assess orient financial brokers and XM to get a better understanding of how these platforms stack up against one another prior to you make an account. A side-by-side comparison can put things in perspective to ensure that you remain aware of what to expect.
So you are looking for an online trading platform and are choosing between XM or orient financial brokers. Who is better in 2024?
This XM vs orient financial brokers comparison contains the most recent information so you can easily compare orient financial brokers against XM.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you have to choose the right broker who will be clear with you always.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. XM and orient financial brokers are two such stages that will take you along with your investment into great heights. It's important that you compare XM vs orient financial brokers before you trust them with your cash.
Our XM vs orient financial brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and orient financial brokers side by side.
Our full XM vs orient financial brokers Review covers all you need to know about trading with either XM or orient financial brokers. A fantastic agent can multiply your initial investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you select them. It is a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
XM and orient financial brokers are both brokers that have found their way successfully into the broker world. Within this review, we have tried to collate a number of the important aspects of both XM and orient financial brokers. This review will allow you to understand whether either orient financial brokers or XM is a good fit for your investments or not. We've tried to breakdown all of the qualities and fees for your advantage.
Benefits of XM and orient financial brokers Compared
XM has a minimum deposit of $5 while orient financial brokers has a $250 minimum deposit.
Why smaller minimum deposits are good and how XM and orient financial brokers 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.
XM has around 100 financial instruments while orient financial brokers has around 100 financial instruments available.
The more financial instruments you can trade on the XM and orient financial brokers 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 XM or orient financial brokers.
XM and orient financial brokers Contact Details
Being able to contact a broker easily is vital. XM and orient financial brokers have the following contact details and social medias that you can use.
Broker | XM | orient financial brokers |
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Telephone Number | +357 250 29933 | |
support@xm.com | ||
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | |
XM Twitter Account | orient financial brokers Twitter Account | |
XM Facebook Page | orient financial brokers Facebook Page | |
XM Instagram Account | orient financial brokers Instagram Account | |
XM LinkedIn Page | orient financial brokers LinkedIn Page | |
YouTube | XM YouTube Channel | orient financial brokers YouTube Channel |
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orient financial brokers and XM 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 XM and orient financial brokers will examine whether their mobile app meets all our requirements.
We rate overall 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
Although most brokers do OK in this area, there are some bad apples out there. 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?
XM vs orient financial brokers - Awards
Broker | XM | orient financial brokers |
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Awards |
XM have won many industry awards over the time they have been running as an online trading platform. We detail the most notable awards for XM here.
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At the time of writing this orient financial brokers review, and despite orient financial brokers’s impressive offering, the company has surprisingly not garnered any awards to date. |
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XM vs orient financial brokers - Frequently Asked Questions
XM vs orient financial brokers - Headquarters And Year Of Founding
XM was founded in 2009 and has its head office in Cyprus.
orient financial brokers was founded in 2014 and has its head office in United States.
What is the minimum deposit for orient financial brokers or XM
The minimum deposit for XM is $5.
The minimum deposit for orient financial brokers 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 XM and orient financial brokers are a good choice.
XM vs orient financial brokers - Regulation And Licencing In More Detail
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
orient financial brokers 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-F293.
Both XM and orient financial brokers have a strong collection of rules for ensuring fair trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare XM vs orient financial brokers Commission And Fees
XM and orient financial brokers are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the amount of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you're spending a spread, funding rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither XM or orient financial brokers charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees billed by XM and orient financial brokers are comparatively competitive. As a result, you are billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of assets.
This XM vs orient financial brokers review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For XM And orient financial brokers
What Languages Do XM And orient financial brokers Support?
Being able to chat completely with your trading broker is a key part of comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find the languages that both XM and orient financial brokers support.
How Many Clients Do XM and orient financial brokers Have?
Both XM and orient financial brokers are well known and trusted. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients XM and orient financial brokers are working with
Broker | XM | orient financial brokers |
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Clients / Users | 3,500,000+ | 200,000+ |
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What Payment Methods Do XM and orient financial brokers Accept?
XM and orient financial brokers 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 XM and orient financial brokers
What Can You Trade With XM and orient financial brokers?
XM offers 100 trading instruments whilst orient financial brokers offers 176.
Below you will find a full breakdown of what both XM and orient financial brokers offer.
XM Review
XM vs orient financial brokers:
Table Of Contents
- Compare XM vs orient financial brokers
- Benefits of XM and orient financial brokers Compared
- orient financial brokers and XM Mobile App Comparison
- XM vs orient financial brokers - Awards
- XM vs orient financial brokers - Frequently Asked Questions
- What is the minimum deposit for orient financial brokers or XM
- XM vs orient financial brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For XM And orient financial brokers
- What Languages Do XM And orient financial brokers Support?
- How Many Clients Do XM and orient financial brokers Have?
- What Payment Methods Do XM and orient financial brokers Accept?
- What Can You Trade With XM and orient financial brokers?