Score

1.38 /10
Danger

Orbit Fx Trade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.00

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Orbit Fx Trade · Company summary

Since Orbit FX Trades official website (https://orbitfxtrade.com/index.php) no longer works, we could only piece together the rough picture of this brokerage through gathering some relevant information from other websites.

basic-info

General Information

Registered in the United Kingdom, Orbit FX Trade claims to be a forex broker offering a series of trading instruments to both retail and professional traders. Since Orbit FX Trades official website cannot be opened for now, we were unable to obtain further details about its trading assets, the minimum deposit, spreads and commissions, trading platform, and more.

Please note what Orbit FX Trade offers is not the industry-leading MT4 or MT5 trading platform.

It has been verified that Orbit FX Trade is not authorized or regulated by any regulatory authority. Please be aware of the risk.

There is the option of a live trading account, but beginners can also use a demo account to gain a feel for the platform and practice their trading skills without risking any real money.

Leverage

No trading leverage information is mentioned anywhere. Since leverage can amplify gains as well as losses, it is wise for beginners to choose a smaller size no less than 1:10 until they gain more trading experience.

Trading Platform

Orbit FX Trade fails to provides its clients access to the industry-leading MT4 or MT5 trading platform, which could be served as further evidence that this forex broker is not a trustworthy one to trade with.

Customer Support

For any questions or concerns they may have about their accounts or their trading can reach out to Orbit FX Trade through the following methods:

Telephone: +1-985-401-1148

Email: info@orbitfxtrade.com

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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洪荒少女~65812
more than one year
I traded with Orbit FX Trade’s demo account six months ago, and it gave me a very horrible trading environment, so I stopped. Now, it has been closed, good!
I traded with Orbit FX Trade’s demo account six months ago, and it gave me a very horrible trading environment, so I stopped. Now, it has been closed, good!
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2023-02-24 16:08
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FX1072484965
more than one year
Don’t trade with this disgusting broker!they closed my account directly after I said no for their depositing more requirement. I still have money in my account and I cannot withdraw it at all. Don’t know what to do? Who can help me, guys?
Don’t trade with this disgusting broker!they closed my account directly after I said no for their depositing more requirement. I still have money in my account and I cannot withdraw it at all. Don’t know what to do? Who can help me, guys?
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2022-12-02 16:39
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