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Orbitrade, often referred to as Orbitrade Group, is a financial services provider that specializes in online trading. The company was founded approximately 2-5 years ago, although specific founding dates are not widely publicized. It has emerged as a player in the competitive landscape of online trading, particularly within the Forex and CFD markets.
Orbitrade operates under the ownership of Nobel Capital Limited, which is a registered entity in Seychelles. The ownership structure allows for a certain degree of operational independence while still adhering to the regulatory frameworks in place in its registered jurisdiction.
The company is headquartered in Seychelles, a location known for its offshore financial services. Orbitrade's registered address is Nobel Capital Limited, Room B 11, First Floor, Providence Complex, Providence, Mahe, Seychelles.
Orbitrade aims to serve a global clientele, offering trading services across various financial markets. Its services are accessible to traders from multiple regions, although specific restrictions may apply based on local regulations.
Orbitrade is regulated by the Seychelles Financial Services Authority (FSA), holding a retail forex license (License No. SD 165). However, it is important to note that the regulatory environment in Seychelles is considered less stringent compared to other jurisdictions, raising concerns about investor protection.
Orbitrade has achieved several key milestones since its inception, including the launch of its trading platform and the establishment of its regulatory framework in Seychelles. However, specific milestones are not extensively documented, which may raise questions about transparency.
The company has expanded its business by diversifying its trading offerings, adding various financial instruments to cater to a wider audience. This expansion has allowed Orbitrade to position itself as a versatile trading platform.
Orbitrade has seen a gradual increase in its customer base, driven by its competitive trading conditions and diverse product offerings. However, the lack of robust regulatory oversight may deter some potential clients.
Orbitrade offers a web-based trading platform, which has undergone minimal updates since its launch. The platform is designed to provide real-time pricing and execution but lacks the advanced features found in more established platforms like MetaTrader 4 or 5.
As of now, there are no significant awards or recognitions that Orbitrade has publicly announced, which may reflect its relatively new entry into the market.
Orbitrade provides access to a range of currency pairs, although specific numbers are not disclosed. Traders can engage in Forex trading, speculating on the relative values of different currencies.
The company offers trading in various stocks, primarily through Contracts for Difference (CFDs), allowing traders to speculate on the price movements of publicly traded companies.
Orbitrade specializes in CFD trading, providing access to a variety of instruments, including Forex, commodities, indices, and stocks. This enables traders to leverage their positions and potentially amplify their returns.
In addition to Forex and stocks, Orbitrade offers trading in cryptocurrencies, allowing clients to engage in the growing digital asset market. Commodities such as gold and silver are also available for trading.
One of Orbitrade's selling points is its competitive leverage ratios, which can go up to 1:1000 for certain account types. Additionally, the company promises fast transaction speeds and real-time price feeds, although these claims should be approached with caution due to the lack of comprehensive reviews.
Orbitrade is regulated under the Seychelles Financial Services Authority (FSA), which offers a retail forex license. However, the regulatory framework in Seychelles is often criticized for being lenient, which may pose risks for investors.
Orbitrade operates primarily as an offshore entity, registered in Seychelles. This structure allows it to offer services to a global audience, although it may not be recognized as a legitimate broker in certain jurisdictions.
There is limited information available regarding client fund protection measures. As an offshore broker, Orbitrade may not offer the same level of protection for client funds as brokers regulated in more stringent jurisdictions.
Orbitrade aims to serve clients globally, but specific restrictions may apply based on local regulations. The company actively markets its services to traders in various regions, including Europe and Asia.
Orbitrade's compliance history is not well-documented, raising concerns about its operational transparency. Potential clients are advised to conduct thorough research before engaging with the broker.
Orbitrade faces competition from several established brokers in the Forex and CFD markets, including:
Orbitrade positions itself as a versatile trading platform, offering a wide range of financial instruments and competitive leverage. However, its lack of robust regulatory oversight may hinder its ability to attract clients compared to more established brokers.
Orbitrade differentiates itself through its diverse product offerings and the promise of high leverage. However, the absence of a strong regulatory framework and comprehensive customer reviews may limit its appeal to risk-averse traders.
In summary, Orbitrade operates as an offshore broker providing a range of trading services across Forex, stocks, and cryptocurrencies. While it offers competitive trading conditions, the lack of robust regulatory oversight and transparency raises concerns for potential clients. Traders considering Orbitrade should weigh the benefits against the associated risks and conduct thorough due diligence.