Search

For more information about Orbis Exchange Group Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Orbis Exchange Group Company

  

Orbis Exchange Group Company Overview

  

Founding Date and Background

  Orbis Exchange Group Company was founded in 2018, emerging as a specialist in foreign exchange solutions. The company's establishment aimed to provide efficient and cost-effective currency exchange services to individuals, small and medium-sized enterprises (SMEs), and larger corporations.

  

Parent Company/Ownership Structure

  Orbis Exchange Group operates as a privately held entity, under the ownership of GG Digital Group. This ownership structure allows for a focused approach on foreign exchange and financial services without the constraints often found in larger corporate structures.

  

Headquarters Location

  The company is headquartered in London, England, specifically at 30 Churchill Place, Canary Wharf, E14 5RE. This strategic location situates Orbis Exchange Group within one of the world's leading financial districts, facilitating connections to international markets.

  

Global Business Scope

  Orbis Exchange Group offers a comprehensive range of foreign exchange services, catering to clients across various sectors. The company claims to support transactions in over 130 currencies and provides services that facilitate international transfers to more than 180 countries.

  

Main Regulatory Bodies

  Despite its operational capabilities, Orbis Exchange Group lacks proper regulatory oversight. It is not regulated by any prominent financial authority, which raises concerns regarding the protection of client funds and overall operational legitimacy. The company has received a low regulatory score due to this lack of oversight.

  Back to top

  

Company History and Development

  

Key Milestones

  Since its inception in 2018, Orbis Exchange Group has focused on establishing itself in the foreign exchange market. Key milestones include the development of its online platform, which allows for real-time currency transactions, and the expansion of its currency offerings.

  

Business Expansion Journey

  The company has expanded its services to include a range of financial products, such as trade financing and currency management solutions. This expansion has been driven by a growing demand for efficient foreign exchange services among businesses operating internationally.

  

Customer Base Growth

  Orbis Exchange Group has reportedly seen significant growth in its customer base, serving individuals and businesses looking for reliable currency exchange solutions. Client testimonials highlight the efficiency and professionalism of the services provided.

  

Platform Development History

  The online platform developed by Orbis Exchange Group allows clients to manage their currency transactions seamlessly. Although the platform does not support popular trading systems like MT4 or MT5, it offers unique features such as real-time insights and tracking for payments.

  

Important Awards or Recognitions Received

  While specific awards or recognitions have not been detailed in available sources, the company has received positive reviews from clients regarding its service quality and efficiency.

  Back to top

  

Trading Services Offered

  

Forex Trading Options

  Orbis Exchange Group provides access to over 50 currency pairs, allowing clients to engage in forex trading with competitive exchange rates. This range includes major, minor, and exotic currency pairs, catering to diverse trading needs.

  

Stock Trading Options

  Currently, there is no indication that Orbis Exchange Group offers stock trading options. The primary focus remains on foreign exchange and related services.

  

CFD Trading Products

  The company also provides access to Contract for Difference (CFD) trading products, allowing clients to speculate on price movements of various assets without owning the underlying asset.

  

Other Financial Instruments

  In addition to forex and CFDs, Orbis Exchange Group offers services related to commodities and potentially cryptocurrencies, although specific details on cryptocurrency offerings are not extensively documented.

  

Special Services or Unique Advantages

  One of the unique advantages of Orbis Exchange Group is its personal account management service, where clients are assigned dedicated account managers to assist them in navigating the complexities of foreign exchange. Additionally, the company claims to offer bank-beating exchange rates, which may provide cost savings for clients.

  Back to top

  

Regulatory and Legal Background

  

Detailed Regulatory Information

  Orbis Exchange Group is not regulated by any major financial authority, which poses significant risks for potential clients. The lack of regulatory oversight is a critical factor for individuals and businesses considering their services.

  

  The company operates under the legal framework of the United Kingdom, registered as Orbis Exchange Group Limited (Company Number: 11360185).

  

Client Fund Protection Measures

  Due to the absence of regulation, there are limited measures in place for client fund protection. Clients should be aware of the risks associated with using unregulated services.

  

Countries/Regions Served

  Orbis Exchange Group serves clients globally, with a focus on international transactions across Europe, North America, and Asia. The ability to send funds to over 180 countries highlights its broad service reach.

  

Compliance History

  The compliance history of Orbis Exchange Group is not well-documented, but the lack of regulatory oversight raises questions about its adherence to best practices in the financial services sector.

  Back to top

  

Competitive Landscape

  

3-5 Main Competitors

  Orbis Exchange Group faces competition from various established foreign exchange providers, including:

  • TransferWise (now Wise) - Known for its transparent fee structure and competitive rates.
  • Revolut - Offers a wide range of financial services, including currency exchange and international payments.
  • OFX - Specializes in international money transfers and currency exchange with a strong focus on customer service.
  •   

    Positioning in the Industry

      Orbis Exchange Group positions itself as a specialist provider of foreign exchange solutions, targeting both individual and corporate clients. Its focus on personalized service sets it apart from larger, more impersonal banking institutions.

      

    Market Differentiation Factors

      The key differentiators for Orbis Exchange Group include its dedicated account management service, competitive exchange rates, and the ability to facilitate transactions in a wide range of currencies. However, the lack of regulation may deter potential clients compared to more established competitors.

      Back to top

      In conclusion, while Orbis Exchange Group offers a range of foreign exchange services tailored to meet the needs of its clients, the absence of regulatory oversight and the potential risks associated with unregulated trading should be carefully considered by prospective clients. For more detailed information about their services and offerings, learn more.