Score

1.41 /10
Danger

OrbitGTM

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.19

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • 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

OrbitGTM · Company summary

General Information

OrbitGTM is a broker owned and operated by Aurora Solutions LTD, a company based offshore in Dominica, which, as is usually the case with offshore companies, is not regulated anywhere. And that basically makes OrbitGTM unaccountable for the way they handle their clients funds.

Market Instruments

OrbitGTM offers investors a range of financial instruments including crypto currencies, forex pairs and other CFDs.

Accounts & Leverage

The minimum deposit requirement at OrbitGTM is said to be 250 USD. As for the rest of the account types apart from the starting Bronze one - the Silver, the Gold, the Platinum, the Diamond and the VIP Orbitgtm Pro - require 10,000 USD, 50,000 USD, 100,000 USD, 250,000 USD and 500,000 USD respectively. OrbitGTM does not disclose what leverage levels might be available on their platform.

Spreads & Commissions

No information about spreads and commissions can be found.

Trading Platform Available

OrbitGTM says to be offering an easy-to-use, innovative, and reliable platform, but we were not able to access it. Clients are advised to trade with brokers supporting MetaTrader4, which is a remarkable platform still preferred by many traders some 16 years after it was introduced back in 2005.

Deposit & Withdrawal

OrbitGTM says to accept payments with major credit cards like VISA and MasteerCard, wire transfer, and BTC wallet.

Accepted Countries

The OrbitGTM website is available in English, German, Danish, French, German, and Swedish.

Customer Support

If clients have any questions or concerns, please email support@orbitgtm.com for consultation.

Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

User Reviews

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SkyLineReoveryCoom
more than one year
Warning! #Crypto scams are on the rise, so it’s important to be aware of the risks and take extra caution when investing online. I recently got scammed by a fake crypto investment platform and I want to share my story with you – so that you don’t have to go through the same experience. #BeSmart CHECK DISPLAY NAME FOR HELP IF YOU HAVE BEEN A VICTIM .
Warning! #Crypto scams are on the rise, so it’s important to be aware of the risks and take extra caution when investing online. I recently got scammed by a fake crypto investment platform and I want to share my story with you – so that you don’t have to go through the same experience. #BeSmart CHECK DISPLAY NAME FOR HELP IF YOU HAVE BEEN A VICTIM .
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2023-07-12 22:48
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FX1348983148
more than one year
I had a poor experience with OrbitGTM. The spreads offered by this broker are too high, which has a significant impact on the overall trading cost. Besides, I noticed that OrbitGTM manipulates user accounts and engages in unethical practices. Moreover, their customer service is unprofessional and unresponsive to customer needs. Bad brokers.
I had a poor experience with OrbitGTM. The spreads offered by this broker are too high, which has a significant impact on the overall trading cost. Besides, I noticed that OrbitGTM manipulates user accounts and engages in unethical practices. Moreover, their customer service is unprofessional and unresponsive to customer needs. Bad brokers.
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2023-03-22 12:22
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