Home Forex Brokers OrbiTrade

OrbiTrade

4.6 / 10 Overall Score

Website: https://orbitrade.io
Jurisdiction: Bulgaria
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: OrbiTrade
Phone: 34932207342
Email: compliance.m@orbitrade.io
Address: —

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# OrbiTrade Company

## Company Overview

OrbiTrade company operates as a forex and CFD (Contract for Difference) broker, providing direct market access to a wide range of financial instruments including forex, commodities, metals, and indices. The company is known for its user-friendly trading platform and educational resources aimed at helping traders enhance their skills.

Founded in 2003, OrbiTrade has established itself in the trading industry, particularly in Indonesia, where it has been active for over a decade. The company is recognized for its commitment to regulatory compliance and customer service.

OrbiTrade is a part of Orbi Trade International Ltd, which is registered in Seychelles. The company operates under the regulatory framework set forth by the Seychelles Financial Services Authority (FSA).

The headquarters of OrbiTrade is located in Seychelles, with additional regional offices in Indonesia. The company serves a global clientele, focusing on providing competitive trading solutions and educational resources to traders worldwide.

## Corporate Development

OrbiTrade has experienced significant growth since its inception, marking key milestones in its development. The company has expanded its product offerings and improved its trading platforms over the years, adapting to the evolving needs of its clients.

Notably, OrbiTrade rebranded itself to reflect its commitment to providing a transparent and secure trading environment. The company has also diversified its product range to include various asset classes, catering to different trading strategies and preferences.

## Regulation and Compliance

OrbiTrade is regulated by the Seychelles Financial Services Authority (FSA) under a retail forex license. The license number assigned to OrbiTrade is SD 165. This regulatory status allows the company to operate in compliance with the standards set by the Seychelles authorities.

In terms of client fund protection, OrbiTrade implements segregation of client funds, ensuring that traders' capital is kept separate from the company's operational funds. This practice enhances the security of clients' investments. Additionally, the company adheres to a compliance framework that emphasizes transparency and accountability in its operations.

OrbiTrade operates primarily in Seychelles and Indonesia, with its regulatory framework allowing it to serve clients in various countries, although it may be restricted in certain jurisdictions.

## Global Presence and Market Coverage

OrbiTrade primarily serves the Indonesian market, leveraging its regulatory standing with the local authorities to build trust among domestic traders. The company’s global presence is further enhanced by its operations in Seychelles, which allows it to reach international clients.

The company has established partnerships and strategic initiatives aimed at expanding its market reach and enhancing its service offerings. OrbiTrade focuses on attracting both novice and experienced traders, providing them with a robust trading platform and educational resources.

## Financial and Operational Data

As a growing brokerage, OrbiTrade has built a solid operational structure, although specific employee numbers and customer data are not publicly disclosed. The company has invested in technology and infrastructure to ensure a seamless trading experience for its clients.

Details regarding the ownership and capital structure of OrbiTrade have not been explicitly outlined in the available data. However, the company’s commitment to maintaining a competitive edge in the market indicates ongoing investments in its operational capabilities.

## Reputation and Industry Standing

OrbiTrade's reputation within the forex and financial community is shaped by its regulatory compliance and customer service focus. While specific public reviews and ratings are not detailed in the available data, the company is recognized for its educational initiatives and user-friendly trading platform.

The company’s cooperation with regulatory bodies and adherence to compliance measures contribute to its credibility and standing in the industry. However, potential traders are advised to conduct thorough research before engaging with any broker, particularly those operating under offshore regulations.

## Summary

In summary, OrbiTrade company is a regulated forex and CFD broker with a strong presence in Indonesia and operational ties to Seychelles. The company emphasizes regulatory compliance, client fund protection, and educational resources, positioning itself as a reliable trading partner for both novice and experienced traders.

With its commitment to transparency and operational integrity, OrbiTrade continues to play a significant role in the trading market, offering a diverse range of financial products and services to its global clientele.

Account Types

# OrbiTrade Account Types

OrbiTrade offers a variety of account types to cater to different trading needs. Below is a detailed overview of the available accounts:

| Account Type  | Minimum Deposit | Spreads/Commission      | Leverage          | Trading Instruments                           | Base Currencies     | Execution Model | Unique Features                    |
|---------------|------------------|-------------------------|--------------------|-----------------------------------------------|----------------------|------------------|-------------------------------------|
| Recreation    | $50              | From 1.5 pips           | 1:200              | Forex, Commodities, Indices, Cryptocurrency   | USD, EUR, GBP        | Market Maker      | Limited trading school access       |
| Professional   | $1,000           | From 0.8 pips           | 1:200              | Forex, Commodities, Indices, Cryptocurrency   | USD, EUR, GBP        | ECN              | Unlimited trading school access     |
| Sharia        | $2,500           | From 0.8 pips           | 1:200              | Forex, Commodities, Indices                   | USD, EUR, GBP        | ECN              | Swap-free account                   |
| Signature     | $35,000          | From 0.8 pips           | 1:200              | Forex, Commodities, Indices, Cryptocurrency   | USD, EUR, GBP        | ECN              | Most profitable account, VIP services|

# OrbiTrade Broker Account Opening Process

To open an account with OrbiTrade, follow these steps:

1. **Visit the OrbiTrade Website**: Go to the official OrbiTrade website and click on the “Sign Up” button.
2. **Fill in Personal Details**: Enter your full name, email address, and create a secure password.
3. **Agree to Terms**: Accept the terms of service and privacy policy.
4. **Verify Email**: Check your email for a verification link and click on it to verify your account.
5. **KYC Verification**: Upload identity documents and proof of residence for KYC verification.
6. **Initial Deposit**: Fund your account with the minimum deposit required for your chosen account type.
7. **Approval Time**: Wait for account approval, which typically occurs within a short timeframe.
8. **Access Trading Platforms**: Once approved, you can access the trading platform to start trading.

Optional steps may include opening a demo account for practice without risk.

Deposit & Withdrawal

# OrbiTrade Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## OrbiTrade Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit required to open an account with OrbiTrade varies based on the type of account selected:
- **Recreation Account**: $50
- **Professional Account**: $1,000
- **Syariah (Swap-Free) Account**: $2,500
- **Signature Account**: $35,000

### Account-Type Comparison
| Account Type          | Minimum Deposit | Minimum Lot Size | Spread (from) | Commission per 0.1 Lot | Leverage      |
|-----------------------|------------------|------------------|---------------|-------------------------|---------------|
| Recreation            | $50              | 0.01             | 1.5 pips      | $3                      | Up to 1:200   |
| Professional          | $1,000           | 0.01             | 0.8 pips      | $3                      | Up to 1:200   |
| Syariah               | $2,500           | 0.1              | 0.8 pips      | $3                      | Up to 1:200   |
| Signature             | $35,000          | 0.1              | 0.8 pips      | $2.50                   | Up to 1:200   |

### Regional Differences
While the minimum deposit amounts are consistent, the availability of certain payment methods may vary by region. Users should check with OrbiTrade's customer service for specific information regarding their locality.

### Advantages
1. **Low Minimum Deposit**: Starting with just $50 makes it accessible for new traders.
2. **Variety of Account Types**: Different accounts cater to various trading needs and strategies.
3. **Competitive Spreads**: Lower spreads for higher-tier accounts can enhance profitability.
4. **Flexible Leverage Options**: Up to 1:200 leverage allows traders to amplify their positions.

### Disadvantages
1. **Higher Minimums for Advanced Accounts**: $35,000 for the Signature Account may be prohibitive for many traders.
2. **Commission Fees**: The commission structure can add to trading costs.
3. **Limited Regulatory Oversight**: Being based in Seychelles may raise concerns for some traders regarding security.
4. **Potential Hidden Costs**: Actual trading conditions may differ from promotional materials.

### Competitor Comparison
Compared to other brokers, OrbiTrade's minimum deposit is lower than many competitors, which often require $100 or more for entry-level accounts. However, the higher tiers are less competitive than some brokers that offer premium accounts with lower minimums.

## OrbiTrade Deposit Methods Comprehensive Guide

### List of Deposit Methods
1. **Bank Transfer**
   - **Processing Time**: Typically 3-5 business days.
   - **Fees**: Generally free, but may vary by bank.
   - **Availability**: Widely available.
   - **Limits**: No specified limit; subject to bank policies.
   - **Pros**: Secure and reliable.
   - **Cons**: Slower processing times.

2. **Credit/Debit Cards**
   - **Processing Time**: Up to 2 hours.
   - **Fees**: 0% for deposits.
   - **Availability**: Visa and MasterCard accepted.
   - **Limits**: Subject to card issuer limits.
   - **Pros**: Quick processing.
   - **Cons**: Potential fraud checks may delay deposits.

3. **E-Wallets (Skrill, Neteller)**
   - **Processing Time**: Up to 2 hours.
   - **Fees**: 0% for deposits.
   - **Availability**: Available in supported countries.
   - **Limits**: Variable based on account type and e-wallet provider.
   - **Pros**: Fast and convenient.
   - **Cons**: May incur withdrawal fees.

4. **Cryptocurrency (USDT)**
   - **Processing Time**: Up to 2 hours.
   - **Fees**: 0% for deposits.
   - **Availability**: Available for crypto-friendly users.
   - **Limits**: Minimum deposit of $50 equivalent in USDT.
   - **Pros**: Instant processing.
   - **Cons**: Volatility in crypto values.

5. **Local Payment Options**
   - **Processing Time**: Varies by local service.
   - **Fees**: May vary.
   - **Availability**: Depends on regional partnerships.
   - **Limits**: Typically aligns with local banking regulations.
   - **Pros**: Often faster and more convenient for local users.
   - **Cons**: May involve additional fees.

### Supported Currencies and Recommended Methods
OrbiTrade supports multiple currencies, including USD, EUR, GBP, and local currencies based on the user's region. Recommended methods for deposits include credit/debit cards and e-wallets for their speed and convenience.

## OrbiTrade Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log In**: Access your OrbiTrade account using your credentials.
2. **Navigate to Deposit Section**: Click on the "Deposit" option in the account dashboard.
3. **Select Payment Method**: Choose your preferred deposit method from the list.
4. **Enter Deposit Amount**: Input the amount you wish to deposit, ensuring it meets the minimum requirement.
5. **Confirm and Submit**: Review the details and confirm the transaction.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms, but the mobile app may offer a more streamlined interface for quick transactions.

### KYC Notes and Common Issues
Users must complete KYC (Know Your Customer) verification before making deposits. Common issues include mismatched information or incomplete documentation. To avoid delays, ensure all details provided are accurate and match your identification documents.

### Typical Fund Crediting Times
Deposits via credit/debit cards and e-wallets are typically credited within 2 hours, while bank transfers may take 3-5 business days.

## OrbiTrade Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer**
   - **Processing Time**: 3-5 business days.
   - **Fees**: Generally free.
   - **Limits**: Subject to bank policies.
   - **Pros**: Secure and reliable.
   - **Cons**: Slower compared to other methods.

2. **Credit/Debit Cards**
   - **Processing Time**: 3-5 business days.
   - **Fees**: May vary by card issuer.
   - **Limits**: Subject to card issuer limits.
   - **Pros**: Convenient for users.
   - **Cons**: Potential processing delays.

3. **E-Wallets (Skrill, Neteller)**
   - **Processing Time**: Up to 24 hours.
   - **Fees**: May incur withdrawal fees.
   - **Limits**: Variable based on account type.
   - **Pros**: Quick and easy.
   - **Cons**: Fees may apply.

4. **Cryptocurrency Withdrawals**
   - **Processing Time**: Up to 24 hours.
   - **Fees**: 0% for withdrawals.
   - **Limits**: Minimum withdrawal amount applies.
   - **Pros**: Fast and efficient.
   - **Cons**: Market volatility may affect value.

### Recommended Options by Cost and Speed
For quick withdrawals, e-wallets are recommended due to their faster processing times. However, for larger amounts, bank transfers may be more suitable despite the longer processing time.

## OrbiTrade Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log In**: Access your OrbiTrade account.
2. **Go to Withdraw Section**: Click on the "Withdraw" option in the account dashboard.
3. **Select Withdrawal Method**: Choose your preferred withdrawal method from the available options.
4. **Enter Withdrawal Amount**: Input the amount you wish to withdraw, ensuring it meets the minimum requirement.
5. **Confirm and Submit**: Review the details and confirm the withdrawal request.

### ID Verification Requirements
Users may be required to verify their identity before processing withdrawals, especially for larger amounts. This may include submitting identification documents.

### Expected Fund Arrival Time
Withdrawals via e-wallets are typically processed within 24 hours, while bank transfers may take 3-5 business days.

### Typical Delay Reasons and Fixes
Common reasons for delays include:
- **Incomplete KYC Verification**: Ensure all documents are submitted and verified.
- **Bank Processing Times**: Check with your bank for their processing times.
- **Incorrect Withdrawal Information**: Double-check all details entered for accuracy.

## FAQs – OrbiTrade Deposits & Withdrawals

**What is the minimum deposit for OrbiTrade?**  
The minimum deposit for OrbiTrade is $50 for the Recreation Account.

**How long do withdrawals take?**  
Withdrawals can take up to 24 hours via e-wallets and 3-5 business days via bank transfers.

**Are there fees for deposits or withdrawals?**  
Deposits are generally free, while withdrawals may incur fees depending on the method used.

**Can the same method be used for both?**  
Yes, users can typically use the same method for both deposits and withdrawals, but it's advisable to check specific requirements.

**Are crypto or local methods supported?**  
Yes, OrbiTrade supports cryptocurrency deposits and withdrawals, as well as local payment options depending on the user's region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

OrbiTrade

OrbiTrade

Score Breakdown

Company & Contact

In-Depth Broker Review

Subscribe to our Newsletter