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OrbitGTM Broker Review


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FAQ

OrbitGTM Broker Review – Be Wary Of OrbitGTM-Pro.com Trading Scam

Considering everything we’ve shown in our table, it’s clear that the OrbitGTM broker doesn’t follow any regulations and your funds are in danger. I want to elaborate on this a bit.

Check out our honest Orbit GTM review to learn everything you need to know!

Furthermore, we encourage you to read our trusted broker reviews for Tandem, InvestArea, and SwisTrust.

  1. The broker is an offshore scam broker.
  2. Unlicensed / Unregulated by: Unlicensed / Unregulated
  3. Websites of scammers: orbitgt-m.com / orbitgtm-pro.com
  4. Forex Trading Scam: Active
  5. FSMA, CONSOB, DFSA list it as a scam
  6. Owner of the broker: Aurora Solutions Ltd.
  7. The Commonwealth of Dominica is the country of headquarters.
  8. The foundation year is 2020
  9. WebTrader is an online trading platform.
  10. Trading on mobile devices: Available
  11. A minimum deposit of $250 is required.
  12. Bonuses: None
  13. Trading in Crypto Assets: Available
  14. Trading CFDs is possible: Yes, you can trade CFDs,Trade Forex (FX), Commodities (Commodities), Indices (Indexes), Shares (Shares), Bonds (Bonds), and Cryptocurrencies (Cryptocurrencies).
  15. The maximum leverage is 1:7.
  16. No Islamic Accounts are available.
  17. Demo account: No, only live trading accounts are available.
  18. US traders are not accepted: US traders are not accepted.
  19. Scam Broker Verdict: Don’t Invest in It!

OrbitGTM Regulation – No Regulatory Oversight

In the Commonwealth of Dominica, Aurora Solutions Ltd owns the OrbitGTM forex brand. There is no regulatory authority over the broker, not the FSU, FCA, ASIC, or BaFin.

Therefore, you put your funds at risk, and if something goes wrong, there’s no way to file a complaint against Orbit GTM.

What’s Wrong With a License?

According to OrbitGTM, there is no regulator responsible for its regulation. It is common for offshore brokers of this type to exist for a short time, then close their websites once they have extorted enough funds.

Take precautions to avoid becoming the next victim of an Orbit GTM trading scam.

It would help if you were extra vigilant when dealing with dishonest brokers like TriumphFX, DeltaFX, and Moneta Markets.

Scam Warnings From Financial Watchdogs

Considering that the broker conducts financial activities without a license, we decided to check if any regulators were aware of the OrbitGTM scam.

As we discovered, there was an official warning from the Belgian FSMA. A similar warning was issued by the Danish DFSA and the Italian CONSOB. 

Undoubtedly, Orbit GTM is a fraudulent trading firm, and you should avoid it at all costs.

Negative OrbitGTM Reviews – Stay Away From Trading Scam

Investors have also blacklisted Orbit GTM in addition to regulators. Since the broker posted reviews at the beginning, the broker has a Trustpilot score of 3.2 stars.

Many negative reviews lately have been complaining about the company’s harassment, bad account managers, and the requirement to pay extra withdrawal fees.

OrbitGTM reviews tend to come from:

OrbitGTM Partnership Scam

Several scamming tactics are used by this company, including OrbitGTM bonuses, loans, and partnership programs. Currently, the broker is looking for affiliates and offers commissions up to $600 for promoting the company on social media or referring it to others to bring in new clients.

You’ll recognize this scheme if you’ve heard of MLM or Ponzi schemes. Generally, you cannot withdraw your profit or deposit after you’ve been given a bonus, so don’t count on any money.

Scammed By Orbit GTM Broker? – Talk To Our Recovery Experts

We If you are a victim of the OrbitGTM scam, please let us know. At Global Fraud Protection, our recovery specialists have helped many in similar situations recover their funds. Also, we may be able to assist you in filing a dispute and requesting a chargeback so that your hard-earned money does not end up in the hands of scammers.

You can book your free consultation via online chat, and we will be glad to assist you. Recover what’s rightfully yours!

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Online Trading Complaint Form

FAQ Section:

1. What Is OrbitGTM, And Should I Invest Money In It?

The primary objective of OrbitGTM is to provide online Forex and CFD trading services without being regulated.

2. What Is The OrbitGTM Minimum Deposit?

Credit cards or bank transfers can be used to make the $250 minimum deposit at OrbitGTM.

3. Can I Trade Cryptocurrencies And CFDs With OrbitGTM Broker?

A broker such as OrbitGTM allows you to trade both CFDs and crypto.