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Orbit FX

United Arab Emirates|2-5 years|
Regulated in Comoros|Retail Forex License|MT4/5 full license|Regional Brokers|Medium potential risk|Offshore Regulatory|

https://www.orbitglobalfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
OrbitGlobal-Server MT5
Server Location United Kingdom

Contact

+971 42220183
inquiry@orbitglobalfx.com
https://www.orbitglobalfx.com/
Bonovo Road – Fomboni, Island of Mohéli – Comoros Union.

Licenses

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

Single Core

1G

40G

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Contact number

English

+971 42220183

Broker Information

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WikiFX Risk Alerts
Previous Detection : 2024-02-25
  • The Comoros MISA regulation with license number: T2023308 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

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Orbit FX · Company Summary

General Information & Regulation

General Information & Regulation

Orbit Global FX is allegedly a forex and CFD brokerage established in 2021 that claims to provide its clients with over 200 tradable financial instruments with leverage up to 1:400 and floating spreads from 0.1 pips on the MT5 trading platform, as well as a choice of four different live account types and 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Orbit Global FX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.12/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Orbit Global FX advertises that it offers access to more than 200 trading instruments in financial markets which include forex, metals, CFDs and indices.

Account Types

Apart from risk-free demo accounts, Orbit Global FX claims to offer four types of live trading accounts, namely OrbitFX, Pro, ECN and VIP. The minimum initial deposit amount is only $50 for the OrbitFX account, while the other three account types have much higher minimum initial capital requirements of $100, $1,200 and $10,000 respectively.

Account Types

Leverage

The leverage provided by Orbit Global FX is capped at 1:400. 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.

Spreads & Commissions

Orbit Global FX claims that the spread starts from 0.1 pips. For different account types, clients on the OrbitFX account have normal spreads and normal commission; the Pro account has less spreads and normal commission; the ECN account has tight spreads and competitive commission; the VIP account has tight spreads and very less commission.

Trading Platform Available

Platforms available for trading at Orbit Global FX are MT5 on Mobile (Android, iOS) and Desktop (Windows, mac OS). In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

Deposit & Withdrawal

The minimum initial deposit requirement at Orbit Global FX is said to be only $50. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Customer Support

Orbit Global FXs customer support can be reached by telephone: +971 42570725, email: info@orbitglobalfx.com or send messages online to get in touch. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, LinkedIn, Telegram, Skype and WhatsApp. Registered Location: Vistra Corporate Service Center, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands. Support Office: 1924, Tamani Arts Offices, Business Bay, Dubai.

Risk Warning

Online trading involves significant 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.

User Reviews

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8

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FX1524779398
more than one year
Honestly, my trading with Orbit FX has been over 80% positive. An occasional downside is that the interface of the platform could use some modern touches, but overall - reliable platform, fast order execution, competitive spreads, hassle-free withdrawals, excellent customer service and the sensible provision of a demo account make Orbit FX a top contender in the forex broker league.
2023-12-01 18:27
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0
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FX1524216419
more than one year
One bright star of this trading voyage was when Orbit FX's precise trading signals foresaw a bullish trend for the USD/CAD pair. Their quick order execution system helped me secure a long position, leading to a successful trade!
2023-11-30 18:22
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0
0
Fab7835
3-6months
I switched from a virtual account to a real account, and to be honest, I was not disappointed. The current trading environment is quite good, the spread is very narrow, the order execution is fast, and if there is any problem, the customer service can also solve it quickly. I'm really satisfied.
2023-11-23 20:37
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0
0
Raj Rai
3-6months
I am new here but feeling happy because they provide the demo account which is very helpful for beginner to start and get confidence. I appreciate that. Truly, I don't know whether the withdrawal of money is easy or difficult. Till now I am happy and satisfied.
2023-11-23 20:22
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0
0
Dwain
3-6months
Withdrawal being processed within the recommended time and sometimes even better like today. I just cannot help falling in love with this lovely broker, Enclave FX. It deserves five stars!
2023-11-23 20:12
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0
0
Kennye
3-6months
Having traded with orbit FX, I have to praise their dedication to efficiency. Trading is made easier by the reliable trading platform and flawless, minimally slippage order execution. The quotes are exactly accurate. What sets Orbit FX apart is their transparency, they have set a gold standard in procedures, making me feel confident in their practices. They also provide risk-free demo account, allowing me to test strategies without risking my funds. Their advance tools ensure the security of my funds, giving me peace of mind. The futuristic trading platform is cutting-edge, and the educational resources provided, including webinars have been very valuable. Highly recommend for traders seeking a reliable and supportive trading environment.
2023-11-10 22:09
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0
0
zidang
more than one year
When I chose Orbit Global as my trading broker, I expected it to provide me with a quality trading experience and reliable trade execution. But, in fact, I had a lot of problems. First of all, their customer service response was very slow, and I could hardly contact them by phone or email. Secondly, order execution is slow and slippage is frequent. Finally, I noticed that their quotes were not very accurate, which caused my profit to suffer a lot.
2023-03-31 13:55
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0
0
于洋洋泛华房抵
more than one year
I am still deciding if this company is doing legal business. I hope to get my money back but I don't know who to believe anymore because of the fact everybody can say whatever they chose.
2022-12-06 15:28
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0
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