All About Millennial Market Journal

TRADING PLATFORMS

Feb 14

ORBISFX, ONE OF THE TRADING PLATFORMS THAT HAS EARNED THE TRUST OF TRADERS TO POSITION ITSELF AS ONE OF THE BEST

OrbisFX is a trusted global company known for offering users multiple selections of trading platform options. Our tests found OrbisFX to be excellent for copy trading, competitive on mobile, mostly in line with the industry average on pricing and research, and a winner for investor education.

OrbisFX is a safe (low-risk) broker for trading Forex and CFDs because its platform is regulated in three Tier 1 jurisdictions and three Tier 2 jurisdictions. OrbisFX has its own WebTrader and AvaOptions platforms in addition to MetaTrader and OrbisFX, as well as ZuluTrade and DupliTrade for social copy trading, where it won Best in Class in 2021. OrbisFX is a competitor in this market due to the selection of platforms available.

As of 2021, OrbisFX scores best in class for commissions and fees when compared to market leaders in terms of price, such as IG and Saxo Bank.

How safe is OrbisFX?

OrbisFX is considered low risk, with an overall trust score of 93 out of 99. OrbisFX is not publicly traded and does not operate a bank. OrbisFX is authorized by three Level 1 regulators (high trust), four Level 2 regulators (average trust), and one Level 3 regulator (low trust). OrbisFXs is licensed by the following top-tier regulators: the Australian Securities and Investments Commission (ASIC) and the Japan Financial Services Authority (JFSA), and through Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).

Investment Offer

Depending on which of the brand's international organizations and trading platforms you choose, OrbisFX offers a variety of markets. The following paragraphs will explain how this platform outlines the many investment solutions available to its clients.

Trading cryptocurrency is only possible through CFDs; trading the underlying asset is not an option (for example, buying Bitcoin). Note: UK residents and retail traders of any brokerage business in the UK are not permitted to purchase cryptocurrency CFDs.

Just under one pip on the EUR/USD, OrbisFX spreads are in line with the industry average; however, they are a little larger than those of the entry-level accounts provided by CMC Markets and Saxo Bank. You are an exception because you are a licensed professional trader in this platform. 

Spreads – With variable pricing, OrbisFX lists spread on the EUR/USD, which positions OrbisFX above the industry average, while the spreads on its Professional account are competitive and comparable to FP Markets.

PLATFORMS AND TOOLS

METATRADER 4 PLATFORM- ORBISFX METATRADER 4

A premium trading platform created to enable you to personalize and optimize your trading account

You have the option to completely customize your user experience with MT4. You get immediate access to markets all across the world with MT4. Trade using a combination of the most advanced technical instruments on your web browser, PC, tablet, or phone.

The most cutting-edge and sophisticated online trading platform is Metatrader 4 (MT4). Our MT4 Client Terminal is completely outfitted with modern software and a wide variety of trading tools that will elevate your experience trading to a new level. Clients of OrbisFX can take pleasure in and profit from emerging trends concurrently.

Run Webtrader to take advantage of its more than 1200 listed assets, next-level pricing transparency, intuitive trading features, multiple accounts for trading and ordering in one location, state-of-the-art charting technology, and four distinct ways to execute orders.

ORBISFX METATRADER 4 proprietary platform is well designed in a responsive layout. In fact, OrbisFX won the no. #1 given the speed of its evolution as a new platform. The charts come with 90 indicators, and I was pleased to find that a suite of trading tools from Trading Central is directly integrated into the platform. That said, ORBISFX METATRADER 4 still has a ways to go compared to the richness and depth of features found on proprietary platforms from industry leaders like IG, Saxo Bank, and CMC Markets.

Copy Trading - OrbisFX has moved up among industry heavyweights like eToro and Pepperstone thanks to its consistent development in enhancing and expanding its copy trading offering.

OrbisFX provides traders with a largely average research experience overall.

Internal Research - OrbisFX's internal research offerings are limited to the daily market analysis videos it posts to YouTube, which I thought were outstanding. Unfortunately, OrbisFX's internal research offering does not stand out much from that of the top forex brokers.

ELIGIBILITY OF TRADING MARKETS

Discover a world of opportunities with access to more than 1.200 markets.When it comes to the constantly shifting market, it is crucial to have as much variety as you can, as this will help you take advantage of all the opportunities you are presented with.By providing you with full access to all conceivable markets, including those for currencies, metals, agricultural commodities, and equities, we enable that for you.

You can trade and take advantage of the market's diversity with leverage of up to 1:500. You can also trade day and night, five days a week, and also access the full range of trading options.

Trading on more than 1.200 markets, including major and exotic currency pairs like the EUR/USD and USD/JPY.

By opening a trading account on our cutting-edge platform, you can enter the trading market and profit from the continual variability of currencies.

Non stop market access to expand your options, several different currency pairs. To trade currencies, you can use a leverage ratio of up to 1:500.The highest rates with open liquidity.

Mobile Commerce

You may start trading from any system or device, including Mac, Windows, and Linux, thanks to OrbisFX's Web Trading platform. Take advantage of the chance to trade a variety of financial currencies, commodities, and indices, as well as the access to sophisticated risk and analysis management tools. All of this was accomplished without the need to download or install any software.

The ORBISFX METATRADER 4 app has a powerful set of pre-configured synchronization watchlists and a volatility protection feature, and it is very similar to its web-based cousin. By partially hedging their position with a forex option at a premium, a trader can use this feature to lower the risk on an open trade. Similar to the web platform, the charts have 93 indicators, integrated Trading Central research, and related tools. Overall, the program is comprehensive, especially for novices.

OrbisFX is notable for its extensive selection of trading platforms, teaching materials for novices, and cryptocurrency trading, where it won Best in Class in 2021. Cons include a small selection of tradable markets and average research experience. Additionally, OrbisFX spreads are competitive for customers classified as professional traders in the EU.

This company provides multiple trading platforms for web, desktop, and mobile devices, offering spot forex and forex options and CFDs on numerous asset classes, including cryptocurrencies. OrbisFX has 200,000 registered traders placing over 2 million trades each month and has executed over $1.47 trillion in value traded since inception.