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ORBIT GLOBAL

Offshore
Mauritius
,
Since 2021
Last Updated:
31/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
200
Account Types
ProECNVIP

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

USDT (Tether) via Crypto Wallets

crypto
2 hours
Fee:
Free
Fee:
Free

Skrill

e wallet
2 hours
Fee:
Free
Fee:
Free

Neteller

e wallet
2 hours
Fee:
Free
Fee:
Free

Fasapay

e wallet
2 hours
Fee:
Free
Fee:
Free

Enet

e wallet
2 hours
Fee:
Free
Fee:
Free

Poli

other
Instant
Fee:
Free
Fee:
Free

Direct Debit/Credit Cards

credit card
3 days
Fee:
Free
Fee:
Free

Bank Wire

wire transfer
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 37%, 3: Software 50%, 4: Spread 0%, 5: Account Type 32%, 6: Symbol 0%
Regulation
4%Poor
License
37%Poor
Software
50%Fair
Spread
0%Poor
Account Type
32%Poor
Symbol
0%Poor

Company Information

Full Name:Orbit Global Markets LTD
Founded:2021
Headquarters:Mauritius
Enterprise Offices:N/A

Customer Support

Phone:
+1 (631)3887344
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

There is considerable evidence to show that ORBIT GLOBAL is not a trustworthy brokerage. They regularly charge extremely high commissions; they invariably offer the worst possible spreads across all assets; they rarely provide access to diverse platforms; and most importantly, their operations lack transparency and are merely a cover-up of what truly defines a reputable broker.

I understand that some traders may be attracted to ORBIT GLOBAL because of their visually enhanced, well-designed website. However, if a trader is looking for an equally aesthetic and reputable brokerage to trade with, it would not require any effort or time to locate such companies. There is ample evidence of reputable brokers operating in their respective countries and many of these firms possess long established relationships with their clients and deliver outstanding customer service.

As a potential new trader, you have many things to think about when searching for a broker, such as your trading style and how much assistance you desire, but with this overall picture in mind you should be able to make an educated decision whether or not you want to trade with ORBIT GLOBAL. When assessing the overall value of ORBIT GLOBAL and its offerings to traders looking for highly varied and advanced types of trading options the fact that there are no specific examples of the broker's platform capabilities, trading tools, or educational materials makes this extremely difficult.

Regulatory Compliance & Licensing

When determining the level of trustworthiness and safety of any trading broker, one usually considers the degree to which firms are subject to regulator oversight. No evidence exists to suggest that ORBIT GLOBAL is registered or licensed by any of the major financial regulator authorities, including the FCA (UK), ASIC (Australia), or SEC (US), which should raise significant concern regarding the legitimacy of ORBIT GLOBAL and the safety of customer funds. Each trader should be cautious about trading with a broker who is not regulated by a legitimate regulator, as this may indicate a much greater level of fraud or malpractice.

Regulator License Number Status FCA (UK) - Not Regulated ASIC (Australia) - Not Regulated SEC (US) - Not Regulated Other Authorities - No Licenses Found

Trading Conditions & Platform Technology

While there isn't a lot of publically available information on the trading conditions at ORBIT GLOBAL, it can be illustrated by the fact that there are no known verified data sets pertaining to spreads, leverage, or minimum deposit requirements pertinent to ORBIT GLOBAL. Therefore, this could be an overwhelming sign of lack of transparency to all traders, particularly those who are looking for clear and competitive trading terms.

In addition, there is no known verified information supporting the trading platforms offered by ORBIT GLOBAL. Major forex brokers that are well-known provide popular platforms such as MT4 and MT5, which are reliable and contain many advanced features. However, ORBIT GLOBAL has an unreliable technology infrastructure because there has not been any confirmation received yet.

Trading Conditions

The following are ORBIT GLOBAL’s trading conditions:

Spreads – N/A

Leverage – N/A

Minimum Deposit – N/A

Trading Platforms – N/A

Fee Structure

Traders need to be aware of the fees they will incur while trading, therefore brokers should provide their fee structures so traders are able to fully understand what costs they will incur. Unfortunately, there is currently no verified source of information available regarding ORBIT GLOBAL's fees, including deposit fees, withdrawal fees, or commissions. The lack of this transparency could lead to unexpected charges for clients of the broker, which would impede their ability to assess whether or not this broker is competitive compared to other market participants.

Due to the absence of clear disclosure of fees, traders have no way of accurately assessing the competitiveness and cost-effectiveness of the broker; therefore, they cannot make informed decisions regarding the broker.

Fee Types

The following are types of fees that ORBIT GLOBAL charges its clients for trading:

Deposit Fees – N/A

Withdrawal Fees – N/A

Commission – N/A

User Experience and Market Reputation

A company’s reputation within the marketplace and user experiences are critical through the way they provide measurement and reliability as to what to expect from their services. In this case, ORBIT GLOBAL has very few trusted user reviews from users who have used their services. This makes it difficult to determine how satisfied existing clients have been with the broker or what problems they have experienced while utilizing the broker's services.

In addition to the lack of client reviews on ORBIT GLOBAL, there are some other brokers in the marketplace who have very similar names to ORBIT GLOBAL, and they have been identified as unregulated and potentially unsafe. The brokers that have been flagged as unsafe have not been identified as having anything to do with ORBIT GLOBAL, but they highlight the need for potential clients to exercise a great deal of caution and do their due diligence prior to engaging with non-credentialed brokers.

Recent Developments

At the present time, there is no public news or updates available regarding ORBIT GLOBAL's recent developments, including new partnerships and new innovations associated with the broker. The lack of current information provided creates additional challenges for those trying to evaluate ORBIT GLOBAL's growth potential and commitment to improving client service.

Traders should remain vigilant regarding future announcements and changes to ORBIT GLOBAL by monitoring its official communication outlets and/or reliable financial news resources.

Conclusion

Based on the current state of information available, ORBIT GLOBAL is an unknown trading broker at this time due to a lack of substantiated information about the broker. There are numerous areas of the broker that lacks a great deal of clarity and/or have no verified source of information that could assist you in evaluating ORBIT GLOBAL, including compliance with regulatory entities, trading conditions, fee structure and user experiences.

Traders should proceed cautiously when considering ORBIT GLOBAL as a trading partner due to the importance of safety, regulation and transparency of businesses in the financial trading space. It cannot be stressed enough how important it is to start your trading with a broker that has a clear regulatory license, terms and conditions that are transparent, and an overall positive reputation to protect your capital and obtain a safe trading experience.

Regulatory Licenses

Compliance & oversight

1 license
Mauritius
FSCTier 3
Mauritius#GB24203306
License Details
Type:Financial Service
License #:GB24203306
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

3 types
Pro
VIP
Min Deposit USD 50 • Leverage 1:200 • Commission $15 per million currency pairs
Min DepositUSD 50
Leverage1:200
Commission$15 per million currency pairs
ECN
ECN
Min Deposit USD 5,000 • Leverage 1:200 • Commission $12 per million currency pairs
Min DepositUSD 5,000
Leverage1:200
Commission$12 per million currency pairs
VIP
VIP
Min Deposit USD 20,000 • Leverage 1:200 • Commission $10 per million currency pairs
Min DepositUSD 20,000
Leverage1:200
Commission$10 per million currency pairs
3
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

8 methods
USDT (Tether) via Crypto Wallets
Cryptocurrency2 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 20
Max:N/A
Third-party fees possible; withdrawal minimum varies by source; potential 0.75% fee reported by some reviews; processing up to 2 hours.
Skrill
E-Wallet2 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing up to 2 hours for deposit; withdrawal up to 24 hours; regulated under FCA-UK.
Neteller
E-Wallet2 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing up to 2 hours for deposit; withdrawal up to 24 hours; regulated under FCA-UK.
Fasapay
E-Wallet2 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing up to 2 hours for deposit; unregulated in some contexts.
8
Free Deposit
8
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with ORBIT GLOBAL: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark ORBIT GLOBAL at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for ORBIT GLOBAL

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Comments

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