OrbiTrade

General Information

OrbiTrade is a brand of a fraudulent offshore company - Donnybrook Consulting Ltd - that was blacklisted by numerous financial regulators in Europe. As for the country of registration, Dominica is a shady tax haven poorly regulating its financial sector and doesnt even license Forex brokers.

Official Website Unavailable

As of now, the website of OrbiTrade (https://orbitrade.io) is not available. We can only find some fragmentary information on the Internet, and most of them are negative reviews.

Leverage

The default leverage is 1:100, and its impossible to change it. The leverage is risky enough, so OrbiTrade puts clients in a dangerous trading environment where they can lose all funds while the broker is pocketing those losses.

Trading Platform

OrbiTrade provides a web-based primitive platform for trading that‘s unreliable and can’t offer any significant advantages over MetaTrader, for example.

Payment Methods

Orbitrade only takes crypto payments. You should know that, regardless of whether they are in Bitcoin, Ethereum or any other cryptocurrency, these payments are never eligible for a chargeback of any kind!

Fund Withdrawal Issues

According to OrbiTrade reviews, the broker is not allowing clients to take any funds from the account. First, the support team is asking for more and more documents, claiming its necessary for AML policy. Afterwards, when the client provides everything and still insists on withdrawal, the account is being blocked and the access is suspended.