eToro vs orbex, for 2022
Read our In-Depth eToro vs orbex Review - Updated for 2022
This eToro 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 eToro vs orbex review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
orbex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs orbex
Every online trading system will have some pros and cons, and no eToro and orbex review would be complete without having a balanced approach. Compare eToro and orbex to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between eToro or orbex. Who is better in 2022?
This eToro vs orbex comparison contains the latest information so you can easily compare orbex against eToro.
If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all the concepts of broker as you continue trading. For starters, you have to select the right agent who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. eToro and orbex are two such stages which will take you and your investment into great heights. It's crucial to compare eToro vs orbex until you trust them with your money.
Our eToro vs orbex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and orbex side by side.
Our full eToro vs orbex Review covers all you need to learn about trading with either eToro or orbex. A fantastic broker can multiply your first investments and provide you positive profits. If you would like 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; thus, you must carefully analyze your agent before you choose them. It is a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
eToro and orbex are both brokers that have forged their way successfully into the brokerage world. Within this review, we have tried to collate some of the important aspects of both eToro and orbex. This review can allow you to know whether either orbex or eToro is a fantastic match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of eToro and orbex Compared
eToro offers a minimum deposit of $50 while orbex has a $250 minimum deposit.
Why smaller minimum deposits are good and how eToro 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.
eToro allows you to trade around 100 financial instruments while orbex has around 100 financial instruments available.
The more financial instruments you can trade on the eToro 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 eToro or orbex.
eToro and orbex Contact Details
Being able to contact your broker easily is important. eToro and orbex have the following contact details and social medias that you can use.
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| Broker | eToro | orbex |
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| support@etoro.com | ||
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
| eToro Twitter Account | orbex Twitter Account | |
| eToro Facebook Page | orbex Facebook Page | |
| eToro Instagram Account | orbex Instagram Account | |
| eToro LinkedIn Page | orbex LinkedIn Page | |
| YouTube | eToro YouTube Channel | orbex YouTube Channel |
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orbex and eToro 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 eToro 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. 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?
eToro vs orbex - Awards
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| Broker | eToro | orbex |
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eToro have won many industry awards over the time they have been operating as a financial broker. We show the most notable awards for eToro 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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eToro vs orbex - Frequently Asked Questions
eToro vs orbex - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
orbex was founded in 2012 and has its headquaters in Cyprus.
What is the minimum deposit for orbex or eToro
The minimum deposit for eToro is $50.
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 eToro and orbex are a good option.
eToro vs orbex - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
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 eToro and orbex have a strong set of rules for ensuring honest trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs orbex Commission And Fees
eToro and orbex are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three types of fees for this purpose.
The first sort of charges to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you are spending a spread, financing rate, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people that are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your account. They're billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither eToro or orbex charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees billed by eToro and orbex are comparatively lower. As a result, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This eToro vs orbex review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And orbex
What Languages Do eToro And orbex Support?
Being able to talk easily with your online broker is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you will find all the languages that both eToro and orbex support.
How Many Clients Do eToro and orbex Have?
Both eToro 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 understanding this is by knowing how many clients are using their services.
Below you will find details of how many users eToro and orbex are working with
What Payment Methods Do eToro and orbex Accept?
eToro 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 eToro and orbex
What Can You Trade With eToro and orbex?
eToro offers 100 trading instruments while orbex offers 174.
Below you will find a full breakdown of what both eToro and orbex offer.
Compare eToro To All Other Brokers
Compare orbex To All Other Brokers