Company Profile
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.
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.
