Orbitcex Review

Orbitcex is not licensed by any top-tier regulator. Investing with companies not authorized by your local regulator is risky. In case of a dispute, you may not be able to seek assistance or legal recourse from your local authorities, leaving you with limited options.

The lack of transparency is also concerning as we were not able to find the phone number, email address, and physical address of Orbitcex.

When dealing with an unregulated or offshore-regulated company, you should be aware of the associated risks.

It is important to recognize the major red flags of a fraudulent investment company such as:

• Unsolicited calls and emails: Frequent and unsolicited communication, especially with high-pressure sales tactics, can be a warning sign.
• Pressure to deposit more funds: Be cautious if a company constantly urges you to invest more money, promising unrealistic returns or exclusive benefits.
• Not being able to withdraw: Difficulty or delays in withdrawing your funds, or encountering unexpected fees or 'taxes', is a major red flag.
• Website changing domains frequently: Frequent domain changes can indicate instability or an attempt to avoid detection by authorities.

If you are a victim of such practices, it is crucial to immediately stop depositing any more funds and report the situation to your local authorities.