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OrbitGTM Review – Can You Trade Professionally With This Online Brokerage Firm?

OrbitGTM Broker Rating
  • Overall Rating
4.3

Summary

In my honest opinion, you cannot go wrong with OrbitGTM as signing up with this firm will result in great trading performance. You can start out as a new trader when you register with this broker and end up becoming a professional trader without having to find another broker. It caters to the needs of different types of traders.

OrbitGTM logo

OrbitGTM Review

If around a decade ago someone told you that you can become a professional trader by investing from home, you would not believe them. However, now, this state of the art world has made it possible to become a professional trader from home! The internet has connected the world in such a way that the need to be physically present to handle a business or career is not potent. You will encounter thousands of online brokerage firms that you can sign up with to start trading. With just access to the internet, a computer device, and some investment capital, you can become a working trader.

This ease comes with its fair share of difficulties. And by that, I mean the task of selecting a broker to sign up with. The online markets are filled with criminals waiting to scam unsuspecting people out of their money. So, you cannot trust all the brokers that you come across. Furthermore, even if the trading firm is legit, it is not necessary that it is the right one for you. So, you need to be very thorough in your research on finding the right brokerage firm. I want to recommend OrbitGTM to anyone who is having trouble settling on a company. As an experienced trader who has tried out many different firms, I can say that OrbitGTM left a good impression on me. The most impressive thing that I found about this broker is that not only is it welcoming for new traders, it also allows them to expand and become a professional trader. Let me tell you how exactly does OrbitGTM make it possible to trade professionally.

OrbitGTM trading platform

OrbitGTM Features That Enable Professional Trading

·         An Abundance of Trade Instruments

I want to applaud OrbitGTM for the efforts it has put in providing the impressive index of tradeable assets. The large variety of assets that it offers plays a huge role in attracting various traders. This is because this brokerage firm provides you with assets that a majority of the brokers don’t. You will find that it offers some common assets that are common among brokerage firms and also some rare assets. The main categories of the assets that you have access to with OrbitGTM include forex, cryptocurrency, currency, bonds, shares, metals, and oil. Within these categories, there are numerous other instruments of trade.

The broker supports around 180 varieties of currencies to trade with. In addition, it also offers trading with the major forex pairs, as well as some minor and exotic ones. The major forex pairs that you can trade with include USD/EUR, USD/ GBP, USD/ CAD, among others. Some minor forex pairs that the brokerage firm supports include EUR/ GBP, EUR/JPY, and GBP/JPY. These are called minor pairs because they have less liquidity than other pairs. The trading firm also supports some exotic currency pairs which belong to smaller countries or emerging market countries

OrbitGTM also supports over 1,500 cryptocurrencies covering all the major and the minor ones. These include major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, etc. What makes this an impressive feature is that this trading firm runs background checks on all the cryptocurrencies that it offers to keep the traders safe.

The large variety of assets that this brokerage firm supports makes it an ideal choice for both novice and seasoned traders. As a new trader, you can experience different markets and learn how to trade with different assets, while experienced traders can maintain and upgrade their portfolios. You can also transform from a novice trader to a professional one with this broker as it will allow you to build an impressively diverse trade portfolio. 

·         Versatile Account Types

Another feature that makes OrbitGTM a great trading firm is that it offers you versatile account types. After you complete the registration process with the trading firm, you have to create an account with the broker. For this, you need to pick an account type that best suits your position as a trader. You have the choice to pick from six available account types depending on your experience with trading. These different accounts are designed to accommodate users of different backgrounds. What makes these account types so great is that they allow you to grow from a new trader to an experienced and professional one without you having to change your trading firm. So, as you gain experience as a trader, you can upgrade your accounts till you can handle the professional accounts.

The most basic account type that is suitable for new traders is the bronze account. This account does not support many features but it does provide you with the fundamental ones that are necessary for trading effectively. This account upgrades to the silver account followed by the gold and platinum accounts. With these accounts, you have full access to the educational recourses that OrbitGTM has to offer. The features and services that you can access with these accounts increases as you move up the tiers. The second to last diamond account precedes the VIP account. These accounts come with increased features and the option of opening a savings account which aids in your monthly income. You cannot open a savings account with lower-tier accounts. With the VIP account, you can access all of the features and services that OrbitGTM has to offer. The smallest deposit to activate the basic account is $500 while the highest deposit amount that is required for the VIP account is $200,000.

Similar to how the asset index of OrbitGTM offers room for growth, the versatile account types of this brokerage firm also allow you to grow with the firm. You do not need to go looking for a new firm after you have gained some experience. Rather, you can continue trading as a professional trader with the diamond and VIP accounts that it offers.

OrbitGTM online trading

·         Propriety Trading Platform

The trading platform that the brokerage firm offers is one of the first things that you should look into. I highly suggest all new traders see what kind of trading platform the firm is offering because every interaction that you will have with the broker will be through it. The trading platform determines whether a broker is worth investing your time in or not. That is how important these platforms are. So, you should make sure that the broker offers a well-functioning trading platform that is made with advanced technology if you want to have a good trading experience.

The trading platform is the interface you use to perform all your trade-related tasks. You enter into the different markets through it. The platform is also responsible for providing you with the appropriate trading tools to make smart trade decisions. Many brokerage firms use some already developed software as their trading platforms while others choose to create their own software. OrbitGTM offers you a platform that was specially designed for the broker. The advantage of propriety platforms is that it allows the broker to set it according to the demand for the features that it offers. Whereas with the manufactures software, the broker has to manipulate its features to suit the platform software.

The propriety trading platform of OrbitGTM is made with state of the art technology that allows users to always have an updated platform. It comes packed with some of the most advanced trade tools that help in executing smart and profitable trade decisions. It also offers a one-click trade facility which makes it very easy to execute trade orders. This broker offers multiple versions of the trading platform including the web trader, and apps for Android and iOS devices. These apps can be downloaded from the Play Store and the Apple Store respectively.

If you want expert advice, I suggest that you stick with the web trader because it is one of the easiest platforms to handle. All that you need to access the web trader is a device that supports a stable internet connection. You can log in to your account from any device because all that you have to do to access your account is by going to the website. However, in the case where brokers require you to download a special software to your computers, you are bound to trade with the device that it is downloaded on. So, to trade using a different device, you will need to download the software on it as well. This is one of the many reasons why web-based traders are my favorites. The downside of downloadable software and apps is that you need to constantly update your device to keep the apps running. Furthermore, they are not compatible with older versions of Android and iOS.

The trading platform that OrbitGTM offers is honestly one of the simplest platforms that I have come across. This is not to say that it is not advanced. What makes it so great is that while it carries all the advanced features, it is still easy to use and navigate. You quickly become accustomed to the navigation. So, you can trade efficiently in a professional environment with ease thanks to the structure of the platform.

·         Deposits and Withdrawals

Your account with the broker is essentially like a bank account in that you have to constantly deposit working capital and withdraw funds from your account. You need the deposits to invest in assets and take out the profits that you earn from these trades. However, the problem with making these transactions with online brokerage firms is that many firms make long and complicated processes for withdrawing and depositing amounts. This can get quite annoying when you have to perform this task repeatedly. So, brokers should take the initiative to design simple and quick processes for transactions to avoid such frustrations.

OrbitGTM has designed effective and quick deposit and withdrawal methods. The trading firm has made it very easy to execute these transactions to maintain the user-friendly reputation that it has created. The broker supports various payment options including debit/credit cards, bank wire transfers, and e-wallets. You should remember that if you use the bank wire transfer feature, you will have to wait a few days before receiving your funds. What I really liked about these transaction processes is that the trading firm does not charge any fee on withdrawals. This is becoming an increasingly rare feature because brokers these days are looking for more ways to charge commissions from the traders.

With this brokerage firm, you can complete the deposit and withdrawal processes quickly and effectively. However, you may have to provide different proofs of identity before your request of withdrawal is completed due to the KYC and AML regulations.

·         Supports CFD Trading

Contract for Difference (CFD) trading is one of the best things a trading firm can offer you for trading. If the question that “what is so great about CFD trading?” is running around your mind, then I have the answer for you. CFD trading allows you to invest in an asset without using your capital to purchase or sell the asset itself. In fact, you are not associated with the asset in any way nor do you hold its ownership if you invest using CFDs. Let me explain it this way. When you use CFDs to invest in an asset, you simply sign a contract with the broker instead of using money to invest in it. When the contract ends, you can collect the profits that the asset made during that time. However, if the market value of the asset dropped during the period of the contract, then you will have to pay the difference in cost.

For this reason, brokerage firms are clear about the risk that is associated with using CFDs for trading. Despite the risks that are associated with this form of trading, it is a great way to build a diverse trade portfolio. You should not be deterred by the risky aspects of trading as it is all a package deal. However, you should also not go overboard with your investments and use this great feature smartly.

OrbitGTM allows you to trade with CFDs on all the assets that it supports. This means that you can use CFDs for trading with Forex as well as cryptocurrencies! Trading with CFDs allows you to reach your financial goals faster since it leaves you more liquid. So, you can invest in multiple assets at a time. If you use the tools that the broker supplies properly, you will be able to make huge profits with CFDs.

OrbitGTM algo trading

·         Algo Trading

As I have mentioned before, this broker uses cutting-edge technology in the trading platform which is packed with various advanced features and tools. Taking this advancement to another level, the trading firm offers you the unique feature of Algo trading. This is basically an automatic trading feature that allows you to set limitations and boundaries. The broker can execute trades on your behalf by staying within the limits that you have set.

To understand this concept better, let me give you an example. You are not present in the financial market all the time no matter how much time you spend trading. With Algo trading, you give the broker the authority to invest in an asset if its value goes down and is predicted to rise. Basically, since you will not be able to make the investment, the company will do it for you. Don’t worry though, the trading firm will not cross the bounders that you have set and leave you bankrupt. I was really impressed to find his feature in OrbitGTM. IT guarantees that you will not miss out on any great offers of investment due to being unavailable at that time.

·         Top-Notch Security

Creating an account with a trading firm is like opening a bank account. You need to provide a lot of confidential and private information to the firm to verify your account. This information varies from basic information such as your full name and DOB to detailed information like house address, identity card numbers, copies of official documents, etc. Such information is extremely valuable and should not fall into the hands of unauthorized personnel. Therefore, it is very important that brokerage firms implement high-security measures to safeguard the information. You will come across many cases where hackers got into the system of the trading firm and used the traders’ confidential information for impersonating them. This can be prevented if the trading company implements encryption softwares and firewalls.

OrbitGTM offers you a completely secure trading platform. The brokerage firm has implemented strong firewalls to keep unauthorized personnel from entering the database. Furthermore, it has also implemented encryption software that encrypts all data upon entry. So, even if a hacker was able to access your information, it will be useless to them because it is encrypted. The SSL software used by the firm ensures that any encrypted data cannot be decoded. You can trade with the surety that anything that you provide to the broker will not fall into evil hands.

This trading firm also takes the necessary measures to keep your funds safe. Your money is kept in segregated accounts to prevent the broker from using it for personal investments. Furthermore, the segregated accounts that hold your money are encompassed in military-grade security so no one can access them except you. This allows you to complete ease of mind and you can trade freely without worrying about your funds being used without your consent.

·         Reliable Customer Support

When you sign up with a trading company for the first time, you will not be familiar with many of its features, especially as a new trader. You will have many questions that the FAQ section will not cover and you will need personal assistance to understand some things. This is where the customer support service comes in hand. The brokerage firm needs to provide the users with a reliable customer support team that they can contact easily when they want to know about something. However, I have noticed that many trading firms put little to no effort into developing their customer support team which is an extremely disappointing thing. When you chose to open an account with the broker, you are trusting it to provide you with the best service. So, if it does not provide you with the support system that you need, then you will be disappointed. Furthermore, it lessens the appeal of the trading firm.

OrbitGTM trading firm

OrbitGTM is impressive in the client support services that it offers. The team of the customer support department undergoes special training to become able to effectively provide you answers to your questions. Furthermore, you can also contact the customer support program if you are having difficulty in understanding the function of a specific trade tool. The brokerage firm takes pride in the level of customer satisfaction that it offers, so you should take full advantage of the services that you are offered.

You can contact the staff at the customer support department via emails, phone calls, live chats, and direct messages. The direct message feature is available on the “contact us” page of OrbitGTM’s website. The phone numbers that are provided on the website are for different countries where the offices for this trading firm are established. Furthermore, different email addresses for different services are also mentioned on the same page. Any queries that you submit to the broker will be answered at the earliest convenience. So, you do not have to wait long hours to hear back on your issue.

Final Thoughts

Now that you have gotten the gist of what this broker has to offer, what do you think? I think that it is safe to say that you can indeed trade professionally with OrbitGTM. This brokerage firm offers you an innovative trading platform and an abundance of tradeable assets that are not commonly available with other brokers. Furthermore, the cutting-edge technology that this trading firm uses allows you to benefit from the auto-trading feature of Algo trading.

In my honest opinion, you cannot go wrong with OrbitGTM as signing up with this firm will result in great trading performance. You can start out as a new trader when you register with this broker and end up becoming a professional trader without having to find another broker. It caters to the needs of different types of traders.

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