freetrade vs orbex, Updated for 2024
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freetrade vs orbex Guide
Read our In-Depth freetrade vs orbex Review - Updated for 2024
Our review comparing freetrade and orbex has been updated to reflect any changes for 2024 by seasoned professionals with extensive financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs orbex does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
orbex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs orbex
Every online trading platforms has certain ups and downs, so any comprehensive review of freetrade and orbex would not be regarded as thorough without embracing a fair assessment.
Assess freetrade and orbex to understand just how these platforms compare with each before you make an account. Performing a comparative analysis will bring aspects into perspective so that you remain cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between freetrade or orbex. Who is better in 2024?
This freetrade vs orbex comparison contains the latest information so you can easily compare orbex against freetrade.
If you are a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage as you continue trading. For starters, you need to choose the ideal agent who will be transparent with you always.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. freetrade and orbex are just two such trading platforms which will take you along with your investment to great heights. It is important to compare freetrade vs orbex before you trust them with your cash.
Our freetrade vs orbex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and orbex side by side.
Our full freetrade vs orbex Review covers everything you will need to know about trading using either freetrade or orbex. A good agent can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you select them. It's a frequent misconception that all brokers will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
freetrade and orbex are both brokers which have forged their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the vital facets of both freetrade and orbex. This review will allow you to understand whether either orbex or freetrade is a good fit for your investments or not. We've tried to breakdown all the qualities and fees for your advantage.
Benefits of freetrade and orbex Compared
freetrade has a minimum deposit of $0 while orbex has a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade 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.
freetrade allows you to trade around 115 financial instruments whilst orbex allows you to trade around 115 financial instruments available.
The more financial instruments you can trade on the freetrade 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 freetrade or orbex.
freetrade and orbex Contact Details
Being able to contact your broker simply is a sign of a professional broker. freetrade and orbex have the following contact details and social medias that you can use.
|+44 203 488 2539
|68 Hanbury St, London, Greater London E1 5JL, GB
|freetrade Twitter Account
|orbex Twitter Account
|freetrade Facebook Page
|orbex Facebook Page
|freetrade Instagram Account
|orbex Instagram Account
|freetrade LinkedIn Page
|orbex LinkedIn Page
|freetrade YouTube Channel
|orbex YouTube Channel
|Find Out More
orbex and freetrade 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.
In this part of our comparison of freetrade and orbex we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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?
freetrade vs orbex - Awards
freetrade have won numerous industry awards over the years they have been operating as an online trading platform. We show the most recognised awards for freetrade below.
|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
freetrade vs orbex - Frequently Asked Questions
freetrade vs orbex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
orbex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for orbex or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for orbex is $250.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and orbex are a good option.
freetrade vs orbex - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
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 freetrade and orbex have a strong collection of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare freetrade vs orbex Commission And Fees
freetrade and orbex are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to 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 fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither freetrade or orbex charge high fees in comparison to other online agents. For operations other agents charge 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 weekly or daily trading.
But, non-trading fees charged by freetrade and orbex are relatively greater. Consequently, you're billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This freetrade vs orbex review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For freetrade And orbex
What Languages Do freetrade And orbex Support?
Being able to communicate easily with your online platform is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you can find all the languages that both freetrade and orbex support.
How Many Clients Do freetrade and orbex Have?
Both freetrade and orbex are well known and trusted. 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 are using their services.
Below you will find details of how many customers freetrade and orbex are working with
|Clients / Users
|Find Out More
What Payment Methods Do freetrade and orbex Accept?
freetrade 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 freetrade and orbex
What Can You Trade With freetrade and orbex?
freetrade offers 115 trading instruments whilst orbex offers 174.
Below you will find a full breakdown of what both freetrade and orbex offer.
freetrade vs orbex:
Table Of Contents
- Compare freetrade vs orbex
- Benefits of freetrade and orbex Compared
- orbex and freetrade Mobile App Comparison
- freetrade vs orbex - Awards
- freetrade vs orbex - Frequently Asked Questions
- What is the minimum deposit for orbex or freetrade
- freetrade vs orbex - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And orbex
- What Languages Do freetrade And orbex Support?
- How Many Clients Do freetrade and orbex Have?
- What Payment Methods Do freetrade and orbex Accept?
- What Can You Trade With freetrade and orbex?