Is OrbitGTM Scam or Legit?

OrbitGTM Review
  • Broker Rating
4.8

Summary

If you are looking for a broker that will allow you to grow from an inexperienced novice trader to a completely professional one, then OrbitGTM is the one for you. You do not have to go on the hunt for a new trading firm after you have spent some time with this one because it provides you room for growth. You should give serious consideration to selecting OrbitGTM as the broker of your choice.

OrbitGTM Review – The Features Of OrbitGTM That Keep It Among Top Brokers


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Is OrbitGTM a Scam?

You might be asking yourself “is OrbitGTM scam or legit?”. Well rest assured that OrbitGTM is a legitimate and safe broker for your trading needs.

Introduction

Becoming a part of the financial industry is a two-step process these days. All that you need is some investment capital and a brokerage firm and you are well on your way to becoming a trader. The tricky part about this process is finding the broker that is the best choice for you. The financial market recruits many new traders every day and that is all due to a large number of online trading firms available. Because there are so many choices, it can be difficult to select just one when you do not know what you are looking for. This is one of the hardest things about being a new trader because you are starting out with no direction at all. Once you have picked and registered an account with a company, the path to starting trading narrows.

So, to help make your starting steps a little bit easier, I want to make a recommendation of a broker that I swear by. I am talking about the online brokerage firm OrbitGTM that was established in 2016. The firm offers an innovative and interactive trading platform and offers some of the largest varieties of cryptocurrencies along with other assets. In fact, if you have been browsing the web for brokers, then OrbitGTM will be a name that you may already be familiar with since it comes up time and time again. OrbitGTM offers great services and advantageous features to traders give them the ultimate trading experience. So, now, let’s take a look at some features of this trading firm that helps maintain its spot among top brokers.

Best Features Of OrbitGTM

·         Innovative Trading Platform

I cannot emphasize enough the importance of a good trading platform. I strongly advise you to pay special attention to the type of trading platform a trading firm offers because this is where you will spend all of your time as a trader. The trading platform is through which you perform all your tasks as a trader such as participate in trades, explore different markets, and others. So, if you end up with a brokerage firm that does not provide a good trading platform then your experience will have negative consequences. All brokerage firms use different trading software, so it is up to you to dins one that offers the best features.

Usually, you will see that these firms offer a trading platform that is based on already existing trading software. While this has its own benefits, it puts certain restrictions on the firm. Using the uncommon approach, this broker offers you a propriety trading platform that is made with cutting-edge technology. This trading platform is a web-based platform that allows you to access the frim from anywhere and anytime. I know that some of you may disagree with me when I say that a web-trader is the best kind of trading platform out there, but you should hear me out. I claim this because the beauty of the web trader is that it works with any device with the least amount of preparation. The most that you need is a device with a stable internet connection and a good screen. When the trading platform requires you to download the software, you need to prepare your device and update its software to make it compatible with the trader. However, web-based traders do not require such steps.

The ease-of-use of the web trader mixed with sophisticated trading technology is what makes the trading platform of OrbitGTM so amazing. It is packed with advanced essential tools that offer you real-time situation of the market, offer automated trading, trade signals, charts, and many others. The platform is fast processing and keeps you safe from the frustration of lagging software. It is also regularly updated to avoid any bugs and errors. The powerful tools that it supports are also upgraded regularly.

If you prefer to use apps for trading from your devices, then OrbitGTM has also designed compatible apps for iOS and Android devices. These apps are updated regularly so you will rarely find any bugs on them. Furthermore, the apps are designed to maintain the complex features of the platform while also ensuring a friendly user-interface. So, whether you enjoy web traders or apps, OrbitGTM gives you the choice to pick the platform version that you prefer.

·         Ease of Depositing and Withdrawing Funds

As a trader, you have to involve yourself in various transactions repeatedly. These transactions include depositing funds for investments and withdrawing your earned money. Similar to a bank account, you have to follow certain steps and validate your identity before these tasks are processed which may take some time. You will find that many brokerage firms do not pay attention to the time that it takes to complete these transactions. You may have to spend hours or days before your request for withdrawal is approved. And since this is such a frequent step in trading, it can be quite frustrating if you have to wait for this long every time. Trading firms should take this into consideration and design simple and quick transaction processes that you do not have to spend a lot of time on.

This is one of the features that OrbitGTM surpasses a lot of other brokers in. The firm offers you some of the quickest deposit and withdrawal processes. So, you don’t have to spend a lot of time completing these transactions. With the fast and effective methods of deposit and withdrawal that this broker offers, you can complete your transactions quickly. To make a deposit, you just need to go to the “deposit” tab on your account page and enter the sum that you want to input. After a few confirmation steps, your order will be executed. The process for withdrawals is also similar. Furthermore, you will be happy to note that this trading firm does not charge any fee or commission upon deposits and withdrawals.

The firm supports various methods of payments including debit/credit cards, e-wallets, and bank wire transfers. The brokerage firm requires you to submit proof of identity before processing your orders as a part of the regular policies that it is compliant with. With OrbitGTM, you can enjoy seamlessly and fuss-free depositing and withdrawing services.

·         CFD Trading for Different Assets

In my opinion, CFD trading is the best thing a trading firm can offer to the traders. CFD stands for contract for difference and allows you to invest in assets by using your capital. Now, you may be wondering how can you make an investment without using your money? To answer this question, you need to know about how CFDs work. So, when the brokerage firm offers you the feature of CFD trading, it basically is letting you sign a contract for the asset instead of asking you to make the investment via cash. When you sign a CFD for an asset, you actually don’t hold any rights on the property. The contract that you sign has an expiration date so when the contract ends you get money or pay the loss depending on the difference in the market value of the asset. If the market value of the asset increased during the period of the contract, then you will enjoy the benefits of returns. However, you may also have to overcome a loss if the market value dropped during the contract period.

Trading is an overall risky business, so you should not let the fear of loss stop you from benefiting from this great way of trading. OrbitGTM offers you CFD trading with all the assets that it supports. This is a great feature that allows you to invest in multiple assets at one time. It is also a great way to build up your trade portfolio and reach your financial goals at a faster pace. You can develop a diverse and impressive trade portfolio quicker using CFD trading if you are a new trader.

·         Impressive Asset Index

Online brokerage firms need to support a variety of tradeable assets to attract traders and keep them for a long time. However, you will notice that many trading firms only support a few major assets. For instance, you will come across so many brokers in the market that are forex platforms and only support forex trading. A limited number of assets for trading restricts the freedom the trader has for investments. So, if someone wanted to try trading with different assets, they will have to look for a new broker that supports those. So, if you are a new trader, you should look for brokerage firms that support a variety of assets so that so don’t need to look for a different broker when you want to try trading with other assets.

So, to avoid the hassle of looking for a new firm when you want to expand your trading experience, you should definitely consider signing up with OrbitGTM. This trading firm offers you a large variety of tradeable assets that you can explore. Not only is this feature beneficial for new traders, but it is also useful for experienced traders. You can learn about the different financial markets that are available and start building a diverse portfolio from the get-go. OrbitGTM has put a lot of effort into providing traders with an asset index that will be hard to find on other brokerage firms. This is because it supports a number of usual assets as well as some rare assets. Namely, the instruments of trade that OrbitGTM offers its users are forex, currency trading, cryptocurrencies, shares, bonds, oil, and metals. You will find that the brokerage firm supports a different variety of each asset.

OrbitGTM allows you to trade about 180 different currencies which include several major currency pairs as well as some minor and exotic pairs. The major currency pairs are high liquidity pairs, such as USD/EUR. The minor currency pairs refer to currencies that have low liquidity. Furthermore, this broker supports over 1,500 cryptocurrencies which include several major ones such as Bitcoin, Litecoin, Ethereum, etc. For all the cryptocurrencies that it offers, OrbitGTM runs a thorough whitepaper check on the currency and the founder.

You will not be disappointed when it comes to the variety of assets to choose from. OrbitGTM has made such a strong presence in the industry partly due to the number of assets that it offers. All these assets can be traded using CFDs.  

·         Diverse Account Choices

The account types that OrbitGTM offers make it a suitable choice for traders of different backgrounds. Since all traders come from different backgrounds, they all have different requirements that need the brokerage firm to provide. To accommodate the needs of different traders, OrbitGTM offers a range of six different account types. These account types are designed for traders of different backgrounds and experiences. So, whether you are a new trader or an experienced one, OrbitGTM has an account type for you. The six accounts that this broker offers start from the bronze account, which is followed by the silver account, gold account, platinum account, diamond account, and VIP account. Let’s take a look at some distinct features of these different accounts.

1.     Bronze Account

The bronze account requires the smallest amount of deposit fee out of all the trading accounts. You need to deposit a sum of $500 to start trading with this account. It is the most basic account feature that offers you the fundamental features that you need to trade. This account is best suited for new traders who have no experience in the industry.

2.     Silver Account

The silver account requires a larger deposit amount than the bronze account but it also brings additional features to the trader. After paying the initial deposit of $5,000, you can benefit from features such as full access to the educational center.

3.     Gold Account

You have to pay an initial deposit of $10,000 to open this account. The gold account provides you with additional features to the previous accounts. You can enjoy the services of a senior account analyst and attend weekly trading sessions. In addition, you also get 4 private education sessions for your benefit.

4.     Platinum Account

The platinum account is suited for traders who have good experience in trading. With an initial deposit of $25,000, you can enjoy additional benefits and services from this account. Some of the most prominent additional advantages that this account provides traders include a full education package, 10 private education sessions, and consultations with a senior account chief analyst.

5.     Diamond Account

This account has an initial deposit rate of $50,000 and offers services similar to that of the VIP account. This is the highest account tier that you can register with if you don’t want the VIP account. The additional features that you can enjoy with this account include weekly private education sessions, open a savings account, enter the diamond trading program. For additional benefits, you can contact the account manager and learn more about them.

6.     VIP Account

The VIP account requires a payment of $200,000 for the initial deposit. The VIP account is, essentially, for professional traders and corporations and comes with the added benefits that you will expect from the VIP feature. With this account, you can access the VIP trading program which comes with its own benefits and features.  

·         Easy Sign Up

When you are a new trader, you have your doubts about trading being as hard as it seems. You may feel intimidated by trading because you might be scared of making the wrong decisions and losing your money. So, imagine your situation when you finally gather the courage to open an account with a broker and are faced with a long and complex sign up form. While it is easy to fill out online forms, but when firms ask for detailed information for just reiterating for an account, you might think about your decision of selecting that firm. So, any claims of the firm being user friendly go out the window when you are faced with a complicated registration process. Brokerage firms should keep the sign-up requirements to a minimum so that users do not get intimidated by the complexities. OrbitGTM strives to provide total satisfaction to the trader and has designed a compact sing up form. You will not have to spend a lot of time when filling out this form. With some basic details and agree to the terms and conditions, you are a registered member of the broker.

Furthermore, when you open an account with a broker, you obviously need to deposit some amount to activate the account. I have come across many brokerage firms that ask for an initial deposit as high as $1,000. While it may not seem like much to you if you are an experienced trader, it is a hefty amount for new traders. If you see this amount as the minimum requirement, you will wonder about how much everything else on the trading firm will cost you. OrbitGTM offers you a minimum deposit rate of just $500. While there are certainly some brokers out there who offer smaller amounts, the features that they offer are not of the best quality.

Overall, you will find that the sign-up process of OrbitGTM is relatively easy and more user-friendly than a majority of the leading brokerage firms in the industry. 

·         Reliable Client Support

As a new trader, you have many questions and queries that you need answers for. It is a great help if in that scenario the broker offers you its support in terms of customer support service. While the FAQ section of most trading firms covers up a lot of topics, you will still have some confusions and questions that you will not find the answers to on the internet. So, in that case, if you cannot get in touch with the firm, then you will be really disappointed. You should always make sure to check out the services of the client support department when you sign up with a broker that makes big claims of its user-friendliness.

OrbitGTM strives to provide customer satisfaction to all its users. The customer support department plays a huge role in determining whether a company is reliable or not. So, I was happy to notice that the broker lives up to its claims and provides steadfast customer support to all traders. You can contact the customer support department of the firm for any queries that you may have regarding the trading platform, or conditions and statements.  The staff that this firm has recruited comprises of trained professionals who have a lot of experience in the financial industry. Therefore, they will be able to guide you appropriately for any issues that you may have. You can also contact the client support service if you want technical assistance regarding the features and tools that the broker offers.

The firm has made it easy for traders to contact them and offers multiple ways of getting in touch with them. You can use the multiple email addresses and phone numbers that the brokerage firm has provided on the company website. Furthermore, you can also use the live chat and direct message feature to send your message. The address for the main offices of the trading firm is also provided so you can visit the company personally if you have a serious issue. Another great feature of the customer support department is that it provides you with multilingual support.

Conclusion

The brokerage firm OrbitGTM provides many prominent features that help it main its position as a leading broker. This frim accommodates many different kinds of traders by offering a large variety of services that not a lot of brokers support together. The unique combination of assets and account types, among other things, is what makes this broker so successful.

So, if you are looking for a broker that will allow you to grow from an inexperienced novice trader to a completely professional one, then OrbitGTM is the one for you. You do not have to go on the hunt for a new trading firm after you have spent some time with this one because it provides you room for growth. You should give serious consideration to selecting OrbitGTM as the broker of your choice.