OrbitGTM.com Review – Everything That You Should Know About This Trading Firm Before Singing Up
If you are new to online trading, then the one thing that you should know about is the importance of brokerage firms. Your entire experience with online trading depends on the broker that you choose to sign up with since it is your medium of trade. To make the best choice, you need to look for things that you would in a potential business partner because a trading firm is just that. It should help you make the right decisions in terms of investments, offer you useful tools, and provide you with a comfortable and safe environment for trading. There is also the factor of unregulated brokers which are mostly a disguise for scams. You will not be able to distinguish between a legit firm or a scam if you do not know what to look for. Another thing to keep in mind is that all traders are different, so, if someone recommends a broker to you, it does not mean that you will have the same experience with it as well.
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. As an experienced trader, I can tell you that not every trading firm is suitable for everyone. However, I have come across some that accommodate the needs of a large number of traders. One such firm is OrbitGTM. Since its launch in 2016, it has made a good reputation and is among the top brokers. I was impressed with the features and services that this trading firm offers the traders. Furthermore, the software that it uses has a user-friendly interface and is very easy to use. I will tell you all that you need to know about this online trading firm including its top features.
Features Of OrbitGTM That You Should Know About
· Secure and Regulated
The brokerage firm that you open an account with requires you to provide your confidential information to verify your identity and also trust it with your funds for investments. Providing an online entity such as sensitive and valuable data is a very risky thing to do so you need to be sure that the firm can be trusted with it. Cyberspace is filled with stories about criminals hacking into such firms and stealing the user data and funds that their customers trusted them with. The online trading market is one of the biggest targets for such criminals. While it is not possible to diminish all cybercriminals from existence, what brokerage firms can do is implement strong security systems and software to protect their database. Nowadays, there is so much advanced software that brokers can use to make their platform a safe space for traders.
In this regard, OrbitGTM guarantees you a completely protected and safe environment for your trading. The broker has implemented some of the most advanced SSL certificates and encryption software to protect your data. Any data you input in the firm is constantly encrypted and becomes unrecognizable. Furthermore, the system of the trading firm is protected by strong firewalls that keep unauthorized personnel, criminals, and hackers from entering the database.
The broker is also fully regulated which basically means that all of its actions are monitored by a third-party agency. Regulations make sure that the trading firm is not involved in any illegal or suspicious activities. Moreover, they also keep the customer safe by requiring the broker to comply with various policies including Know Your Customer and Anti-Money Laundering. These policies keep you safe from cases of identity theft and unauthorized orders. So, when you are asked to provide proof of identity from the trading firm before completing orders and transactions, it is due to these policies.
This online brokerage firm keeps your funds safe by keeping them in segregated accounts. This means that your money is kept in accounts separate from the broker’s fund so that it cannot use your money for personal use. The firm keeps your funds in military-graded protected accounts for security. The regulatory agencies freeze all actions of the firm if they suspect any illegal activities and transfer your funds to your account as soon as possible. The guaranteed secure environment of the brokerage firm allows users to trade with a peaceful mind.
· Web Trader
A web trader is the trading platform of the brokerage firm that can be accessed via its website. Web traders do not require you to update your device with the latest software not download any other additional software to become compatible with the trading platform. So, this means that you can access the platform from any device when you want to access your trading account. I personally think that web traders are the most convenient forms of trading platform that a broker can offer you. So, when I noticed that OrbitGTM offers a web-based trading platform, I was really happy. Web traders are less stressful and fuss-free forms of trading platforms.
The brokerage firm offers you a propriety trading platform that has been developed carefully to provide you with the best experience. The state of the art technology used to build this trading platform has incorporated advanced and complex trade tools to the platform. However, despite the complexities, the broker has put special effort into maintaining the user’s ease-of-use. So, you will not find yourself struggling with getting acquainted with the functions of the trading platform. You will find that the interface of this trading platform is very user-friendly and easy to navigate through. New traders will not have to spend a lot of time being confused about the functions of a trading platform because everything is designed with simplicity in mind. The benefit of propriety platforms, such as this one, is that it allows the broker to shape it according to what it wants to offer the traders.
However, if you prefer to use different versions of the trading platform, then OrbitGTM also offers you downloadable apps for your Android and iOS devices. You can download the apps for this broker on your smartphones, tablets, iPads, and Macs. However, you may need to spend some time exploring the different pages of the apps to become familiar with everything.
The trading platform that the brokerage firm offers should be the first thing that you should notice. This is because any features that the firm offers will be useless if you do not have a proper platform to use them on. Whether the trading firm offers a good trading platform or a bad one determines the quality of your trading experience as everything that you will do as a trader with the firm will be through the platform.
· Fuss Free Transactions Process
Transactions are an everyday task that you need to indulge in as a trader. You need to buy the assets that you want to invest in, collect returns from a successful trade, deposit working capital into your account, withdraw your earnings. There is a constant addition and removal of money from your account. Since it is such a recurring task, brokerage firms should make adjustments to keep it as simple as possible. Many trading firms do not pay attention to the transaction processes that it offers which leads to traders having to use complicated methods to perform these tasks.
OrbitGTM offers you seamless deposit and withdrawing methods that do not have complicated processes. Following a two to the three-step method, your order can be completed and queued up for execution. You will need to prove your identity by submitting a copy of your official documents such as passport copies, house address, etc. This is asked to make sure that no one else is using your account to perform this task. The brokerage firm also supports various payment options which allow you to choose the option that you prefer the most. These include making payments to and from credit cards, debit cards, e-wallets, and bank wire transfers. You will need to wait a few days before these processes are transacted due to regulatory measures.
· Supports CFD Trading
OrbitGTM allows you to trade using CFDs for all the assets that it offers. CFD trading is one of the best things you can use for trading as a new trader. This form of trading allows you to invest in multiple markets at a time because it does not require capital for investments. You might be wondering; what kind of investments don’t require capital? So, let me tell you about the wonders of CFD trading. CFD stands for Contract for Difference so when you trade using them, instead of using money to buy the asset, you sign a contract with the broker for it. This type of trading allows you to invest in multiple assets at a time as it leaves you liquid enough to invest in other trade instruments.
There are many benefits of trading with CFDs. Some of the most obvious ones being involved in multiple trades at a time, earning more profits at a time, building a diverse trade portfolio at a faster rate, among others. The one thing that you should be careful about investing in using CFDs is that while it may bring you many benefits, you will also face large losses if you are careless with your investments. You should be careful of investing in assets during periods of high volatility as it can be difficult to predict the position of assets during that time.
· Impressive List of Assets
As an online trader, you need to be able to access different trade instruments to trade effectively. However, you will find that most brokerage firms do not support more than two or three assets. You will see the names of so many leading forex firms, but upon inspection, you will find that most of them only support forex trading. This is a huge disadvantage for traders because if they want to expand their portfolio or try trading with other assets, they will have to find a broker that supports them. And then you will have to go through the process of finding another suitable broker. So, from the get-go, you should look for a brokerage firm that supports a variety of assets so that you can trade with it comfortably for a long time.
I have to say, OrbitGTM deserves acknowledgment for the efforts that it has made to gather an impressive list of instruments. It supports a large variety of tradeable instruments which makes it a great choice for new traders as it allows them to try out different markets from the same source. You can create an impressive and diverse trade portfolio with this broker. What is great about brokers that support a large variety of trade assets is that they suit the requirements of new traders as well as professional traders.
The assets that OrbitGTM supports include forex, cryptocurrency, shares, bonds, oil, and metals. Under these main categories, the firm provides different forms of tradeable assets. For example, with forex, the broker supports around 180 different currencies that you can trade as major currency pairs, minor currency pairs, as well as exotic currency pairs. The exotic and minor currencies are currencies from smaller countries that do not have much liquidity. Furthermore, the brokerage firm also supports over 1,500 cryptocurrencies which include numerous major ones as well as come newly established cryptos. This broker allows you to trade precious metals such as gold as well as shares from big corporations.
· Educational Materials
One thing that you should keep in mind about trading is that you cannot go into it without preparing for it. You need at least a basic understanding of the financial industry to be able to start trading successfully. What is great about online trading is that you do not need professional degrees or experience in the financial market. To make sure that you can trade effectively without any prior experience, you should study the basic terms and learn the purpose of the various trade tools. This will help you trade effectively and make smart investments.
The financial market is made up of figures, charts, and graphs which traders need to be able to comprehend. Many people refer to the resources available on the internet to gather the basic knowledge. However, this is not the best way of learning about trading in a short time because there is no curriculum for you to follow. OrbitGTM understands the fact that many traders who sign up with online brokerage firms do not have a strong financial background. Therefore, the firm offers a variety of impressive educational materials that you can learn about trading from. These materials cover a lot of topics from the basic information to detailed descriptions. You can access this information in various forms of video lectures, e-books, webinars, glossaries, charts, etc.
So, if you are a new trader looking for a little direction to learn about the financial industry, you should definitely check out the educational resources that OrbitGTM offers.
· Low Trading Cost
Online trading is the top choice of employment people seek when they want to earn an income without much effort. It is a very profitable industry that provides a steady flow of income after you have grasped the basics of trading. Nevertheless, it is also an unpredictable market that undergoes periods of high volatility so you have to be aware of the risks that are associated with it. So, despite the risks, the high volatility can also lead to you earning huge profits with your investments. However, you need to be able to understand the market well before you can make such profitable investments.
Becoming a well-established and high earning trader requires you to invest some money. It is not possible to enjoy the benefits of high returns without any trading costs. This refers to the various investments and pricing policies that the brokerage firm, that you register with, offer. You will come across many firms that offer low trading costs, however, you should not register with a broker just because they offer you a low price. In fact, you actually should be wary of the trading firms that offer such low prices because there is a high chance that they are not trustworthy. Not all expensive trading firms are trustworthy as well. You have to find a medium ground when you start out as a new trader because you do not want to sign up with a broker that has high prices, nor do you want a firm that offers you cheap rates. You should find a broker that offers great features and services at a reasonable price. Now, this can be frustrating to find. However, OrbitGTM offers you just that.
The cost of trade that this online brokerage firm offers is well suited for new traders. The minimum deposit that you need to provide to open the basic account with this firm is $500. With this account, you have access to all of the basic tools and features that you need to trade effectively. In addition, this broker does not charge commissions on deposits and withdrawals. This is a rare feature because most of the brokerage firms these days charge a set percentage of commission on each transaction.
OrbitGTM also offers tight spreads to the users, so you can trade comfortably without overthinking the investment cost. If you are not familiar with spreads, then let me explain it to you in simple terms. The broker sells an asset to you at a higher price than what it buys it from you. This difference between the selling and purchasing price of an asset is called a spread. Spreads are how brokerage firms make money.
Comparing the features and services that OrbitGTM offers with its trading cost, it is safe to say that you will not find a better offer as a new trader. You are offered complete transparency of all transactions to ensure that no hidden fees or commissions are being charged.
· Customer Support That You Can Count On
The customer support a brokerage firm can offer you is an elemental feature that shows you just how dedicated the broker is to customer satisfaction. When you are a new trader, you will require assistance in many different areas. OrbitGTM has provided various ways in which you can get help from the broker. For initial queries, you can refer to the FAQ section which contains compressive information about the basic things that you need to know about the broker.
Furthermore, you can also contact the staff at OrbitGTM by using the mediums of communication provided on the website. Numerous phone numbers for offices in different countries are given, so you can call them on those numbers. You can also write emails explaining your problem to the support center, compliance center, and information center. You can also visit the offices of this trading firm if you are based in Sweden, the Netherlands, Singapore, London, or Zurich. A feedback form is also available, so you can write your queries and submit them to hear back from the broker. Moreover, the firm also provides a live chat feature which you can access from any page of the website.
The whole purpose of online brokerage firms is to provide a pathway for a trader from all over the world. So, it should be expected that not everyone will be comfortable in using the same language. To accommodate traders of different nationalities and backgrounds, OrbitGTM offers multilingual support to its users. The languages the firm supports include English, Deutsch, Danish, Swedish, and Dutch. So, you can choose whichever language you prefer for your trading platform as well as the customer support department.
I am sure that after reading this article, you will be convinced that OrbitGTM is a trading firm worth investing time in. The brokerage firm has done its best to create a welcoming atmosphere for all traders. From an innovative trading platform to a dependable customer support service, all the features are designed to provide comfort to the traders while they trade.
This trading firm should definitely be on the top of your list of potential brokers because you just simply cannot go wrong with selecting it. Whether this article convinced you to select this company on not, you should definitely visit the broker’s website and try out the features. I guarantee you that you will not be disappointed by what you find there.