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/10

Orbit Fx Trade

United Kingdom United Kingdom | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://orbitfxtrade.com/index.php

Website

Rating Index

Contact

+1-985-401-1148
https://orbitfxtrade.com/index.php

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
2-5 years
Company Name
Orbit Fx Trade
Email
info@orbitfxtrade.com
Contact Number
+1-985-401-1148
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • orbitfxtrade.com
    107.189.14.93
    Server Location
    Luxembourg Luxembourg
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

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.

basic-info

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.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of Orbit Fx Trade evaluated?

Orbit Fx Trade's operational profile, including its lack of recognized regulatory oversight and suspicious business scope designation, fundamentally compromises any conventional assessment of fund security. A key pillar of security is the segregation of client funds from company operating capital, a requirement enforced by major regulators; this fundamental safeguard is absent here. The WikiFX assessment score of 1.47 reflects a profound deficit in the structural protections—such as investor compensation schemes and formal dispute resolution channels—that underpin secure trading environments. Engaging with this entity places the full burden of risk on the trader, with no established recourse to standard investor protection mechanisms.

04-02
United States

What is the current regulatory status of Orbit Fx Trade?

Orbit Fx Trade operates without any verified licenses from mainstream financial regulatory authorities. The WikiFX assessment indicates the entity holds no valid forex trading licenses and its regulatory index score is effectively zero. While the broker is registered in the United Kingdom, it is not authorized or supervised by the UK's Financial Conduct Authority (FCA) or any other comparable national regulator. This unregulated status means it operates outside the legal frameworks designed to protect retail traders, including mandates for client fund segregation, capital adequacy, and fair trading practices.

04-02
United States

Is Orbit Fx Trade suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Orbit Fx Trade or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Orbit Fx Trade?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States
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