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Rating Index
Pros
Various trading products including forex, CFDs, commodities, and cryptocurrencies.
Long operational history of 2-5 years, which may indicate some level of experience in the market.
Access to a proprietary trading platform, Orbitex, which may offer unique features.
Cons
No regulation, posing a significant risk to traders and their funds.
High minimum deposit requirement of $199,000 for ICO services, making it inaccessible for many traders.
Limited customer support options and no demo accounts available for practice before trading.
Orbit Network broker Accounts
Orbit Network Account Type
Orbit Network offers several types of trading accounts to cater to different trading needs. The account types include:
- Pro Account
- Minimum Deposit: $50 and above
- Commission: $0
- Spread: Starting from 3 pips
- Leverage: Up to 1:400
- Instruments: 100+ (Forex, metals, CFDs, indices, commodities & crypto)
- VIP Account
- Minimum Deposit: $20,000 and above
- Commission: $10
- Spread: Starting from 0.6 pips
- Leverage: Up to 1:100
- Instruments: 100+ (Forex, metals, CFDs, indices, commodities & crypto)
- ECN Account
- Minimum Deposit: $5,000 and above
- Commission: $12
- Spread: Starting from 1.4 pips
- Leverage: Up to 1:100
- Instruments: 100+ (Forex, metals, CFDs, indices, commodities & crypto)
- Visit the Website: Navigate to the official Orbit Network website.
- Click on Open Account: Click the "Open Account" button located on the upper right side of the homepage.
- Fill in Personal Information: Complete the required fields with your personal details, including your full name, email address, and date of birth.
- Create Username and Password: Choose a unique username and a strong password (at least 8 characters with a mix of letters, numbers, and symbols).
- Agree to Terms and Conditions: Read and agree to the terms and conditions to proceed.
- Email Verification: Check your email for a verification link and click it to confirm your email address.
- Complete Profile: Log back into your account and finish filling out any additional required information, such as phone number and physical address.
- Deposit Funds: Go to the banking section to deposit funds using your preferred payment method (credit card, e-wallets, or bank transfer).
- Start Trading: Once your account is funded, you can begin trading on the platform.
Each account type is designed to meet the varying needs of traders, whether they are beginners or experienced professionals.
Orbit Network Broker Account Opening Process
To open an account with Orbit Network, follow these steps:
By following these steps, you can efficiently set up your Orbit Network account and start exploring trading opportunities.
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Orbit Network accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .