Abstract:Orbit Fx Trade is allegedly a crypto broker registered in the United Kingdom that claims to provide its clients with various cryptocurrency trading with leverage up to 100× with 10% to 80% daily investment plans.
Note: For some unknown reason, we cannot open Orbit Fx Trades official site (https://orbitfxtrade.com/index.php) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Orbit Fx Trade is allegedly a crypto broker registered in the United Kingdom that claims to provide its clients with various cryptocurrency trading with leverage up to 100× with 10% to 80% daily investment plans. Here is the home page of this brokers official site:
As for regulation, it has been verified that Orbit Fx Trade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.10/10. Please be aware of the risk.
Market Instruments
Orbit Fx Trade advertises that it mainly offers cryptocurrency trading of BTC, ETH, LTC and more.
Investment Plans
Orbit Fx Trade claims to offer 10% to 80% daily investment plans.
Leverage
A leverage ratio of up to 100× is offered by Orbit Fx Trade, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Deposit & Withdrawal
The minimum initial investment requirement at Orbit Fx Trade is said to be $50, and the maximum investment amount is unlimited.
Fees
Orbit Fx Trade states that it charges a 0.05% trading fee on all trading assets.
Customer Support
Orbit Fx Trade‘s customer support can be reached by telephone: +1-985-401-1148, email: info@orbitfxtrade.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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