Cryptocurrency Exchanges

Trade Orbit

1.4 (14 reviews)
🇬🇧 United Kingdom
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1.4
14 reviews
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About Trade Orbit

Trade Orbit has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Referral bonus never received

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Emma W.
3 months ago

The platform at Trade Orbit is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.

Pros: Competitive fees|Professional team|Reliable uptime

Cons: Wait times can be long during peak hours

Important information for potential investors

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Richard D.
3 months ago

For anyone considering Trade Orbit, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Beware - This company is not legitimate

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Harry N.
3 months ago

Tried to withdraw my funds from Trade Orbit and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Initially responsive customer service

Cons: Lost entire investment|Reported to authorities|Unresponsive

Customer service does not exist

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Charles S.
4 months ago

The spread at Trade Orbit is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.

Pros: Easy to use platform|Wide product range|Multiple order types|Educational resources

Cons: Onboarding videos are outdated|Withdrawal takes 1-2 business days

Money trap disguised as a service

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Brian S.
4 months ago

The only good thing about Trade Orbit is that they remind you why regulation matters. I found them after a family member had a good experience. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Quick verification|Fast support response|Responsive team

Cons: Account statements could be more detailed

No demo account that works

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Ella V.
4 months ago

The so-called education at Trade Orbit is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.

Pros: Market news feed|Comprehensive tools|Multi-currency support|API access

Cons: Limited social trading features

Stay far away from this company

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Brian R.
6 months ago

I want to warn everyone about Trade Orbit. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Platform crashes at the worst times

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Ruby L.
6 months ago

Trade Orbit has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Real-time alerts|Full transparency|Dividend tracking

Cons: No live chat on mobile|Cannot customize dashboard fully

Not regulated - verified this myself

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Jessica L.
7 months ago

Several red flags with Trade Orbit: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Pros: Website looks legitimate on the surface

Cons: Not registered with regulators|Unrealistic promises

Still waiting for my withdrawal

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Simon X.
7 months ago

The reporting at Trade Orbit is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Multiple order types|Personal attention|Regular updates

Cons: Alert system is basic|Search feature is basic