Orbex Review
- They have MT 4 terminal and multiterminal access
- They have no trading in cryptocurrencies
- They have no social trading.
Overview
Orbex is a cryptocurrency exchange platform that allows users to trade with each other. The company claims it has been in business since 2014 but hasn’t released any financial statements or additional information to substantiate this claim.
Orbex provides its customers with an easy-to-use interface and a wide variety of trading tools. Also, some things make us question Orbex’s legitimacy as a business:
1) Their website doesn’t offer any financial information about the company, so it isn’t easy to know if they have enough money to keep running their business.
2) There are no customer reviews on their website, so we can’t tell how widespread this exchange platform is.
3) There have also been reports of people getting scammed by Orbex when using their platform; some reported losing thousands of dollars in fake coins and other cryptocurrencies when using this platform’s services. This review explains it:
Scam or legit? Read it before opening your account.
Orbex is a cryptocurrency that was created in late 2018. Its primary purpose is to make buying and selling cryptocurrencies easier for people who don’t have a lot of money and don’t spend their whole life savings on crypto.
The company claims that Orbex will enable users to get into crypto without paying high fees or dealing with complicated exchanges. The company claims that Orbex will be able to offer low prices because it will use AI technology which will help them run their business more efficiently.
The Orbex platform does use AI technology, but its business model doesn’t seem like it would be able to support them with its claimed low-cost structure. The platform seems like it would require a lot of capital investment just for its infrastructure, which could only be used for this project if it was profitable enough for investors after all costs are covered by revenue generated by AI technology.
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Advantages and disadvantages of Orbex
- They have MT 4 terminal and multiterminal access.
- They have Automated trading.
- They are VPS and EA builders.
- They have trading signals.
- They have tight spreads.
- They have no trading in cryptocurrencies
- They have no social trading.
Trading Platform
Orbex has trading platform of MetaTrader 4, MetaTrader 4 multiterminal and MT 4 web trader, MT 4 is very user friendly, designed with the data-rich environment and advanced capabilities, available in 40 languages.
Also,this platform has deep market history, automated trading with expert advisors, boasts more than 50 indicators, 30 charting tools and nine timeframes, it has browser-based trading platform that can be used from any internet connection that can access the Orbex website it requires no downloads access to desktop platforms.