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Welcome to Orbi Trade!
ORBI Trade is a direct market access CFD (Contract for Difference) broker based
in St Vincent. We help connect you directly to worldwide exchanges for real-
time price feed for Forex, Gold, Silver, Oil, US Stocks, Crypto, Indonesia Stocks
& Index.
Each trading with us is Guaranteed. Any errors, wrong quotes, spread anomaly,
transaction speed, and other anomalies will compensate. The trading journal
will give evidence on every issue that occurs.
On the other hand, you can enjoy our TRADEFLIX e-learning system and free
trading signal inside our interactive membership area. SUPPORTED BY MAJOR
EXCHANGES WORLDWIDE, ORBI Trade serves traders worldwide
wholeheartedly with the concept of Direct Market Access (DMA) Contract For
Difference (CFD) orders to liquidity providers. Transaction speeds as fast as
demo accounts, as little as 100 microseconds instant market execution.
With a very competitive flat commission, we guarantee that each trading will
be fair and transparent. On top of that, you can get more benefits with no
swap Sharia account.
We also work closely with overseas local bank accounts to complete your
withdrawal and deposit transaction in less than 59 minutes.
Only in Orbi Trade
Only in Orbi Trade will you Trade Quietly, Fast and Completely!
Why Should You Trade in Orbi Trade:
1. SAVE TRADING
Orbi Trade provides consistent spread and no system error
2. FAST TRADING
Trading speed without Requote & Slippage so you can maximize your Profit.
Furthermore, Deposit & Withdrawal process is to a maximum of under 60 minutes.
Operational Hours
Contact Center:
Whatsapp : +1 737 232 2299 | +62 8 111 717 999 (Bahasa)
Website : www.orbitrades.com
Email : support@orbitrades.com
Several Types of Trading Accounts at ORBI
TRADE
The following is a list of benefits that members will get for each tier above:
3. ARBITRAGE TRADING
ORBI TRADE does not allow arbitrage trading. Arbitrage trading is considered exploitation, a
violation of trade laws and would be unfair to clients. Therefore, arbitrage trading is strictly
prohibited. ORBI TRADE reserves the right to revoke arbitrage transactions and/or to the
extent prohibiting clients who have arbitraged trading
All parties fully understand that trade orders and trade details are generated by the program
and not by ORBI TRADE. ORBI TRADE is not responsible for any program errors or
malfunctions, including mechanical or communication line failures, system errors, pricing
errors, freezing rates, data failures or any cause beyond its control. The Client acknowledges
that any orders that have been executed during this condition will be considered cancelled.
ORBI TRADE GUARANTEE
In addition, ORBI TRADE is also not under any circumstances responsible for any indirect or
consequential loss, including lost profits, loss of goodwill, or lost profit opportunities.
The Parties agree that the limits of liability contained in this clause have been subject to
commercial and fair, and reasonable negotiations with respect to the circumstances which
were, or should have been, known or contemplated by the Parties regarding these trade
terms.
If there is an issue or there is an important question, then don't hesitate to contact ORBI
TRADE if a trader has any questions or complaints. We will gladly reply with a Trading Journal
Report and historical Tick Price from our server. Contact us on WhatsApp +1 737 232 2299
or +62 8 111 717 999 (Bahasa).
TRADING REQUIREMENT
BRIEF DESCRIPTION
1. TRADE SIZE
Types of trading instruments that are traded according to the offer (buy or sell) start from micro
account size (0.01 LOT)
Example:
In micro-lots (0.01 LOT), one point of a currency pair based in US dollars is equal to $ 0.1, compared
to $ 1 for trading mini lots (0.1 LOT) or $ 10 for trading standard lots (1 LOT).
2. MARGIN DEPOSIT
To open a real account at ORBI TRADE, you need to make a deposit. The minimum deposit for each
account applies the following rules
a. $ 50 for Recreation account
b. $ 1,000 for Professional account
c. $ 5,000 for Syariah account
d. $ 50,000 for the Signature account
3. CHANGE PASSWORD WHEN OPENING A TRADING ACCOUNT FOR THE FIRST TIME
When you first open a trading account, you will be given access to your account password by your
admin and/or trading advisor. Please note that you MUST REPLACE the PASSWORD IMMEDIATELY
the password of your choice, which is certainly easy to remember. The following is a tutorial for
changing the password for Meta Trader 5:
➢ Select "Manage Account"
➢ Select "Change Password"
➢ Select "Change Master Password"
➢ Enter Your Old Password & Enter a New Password (which is easy to remember)
➢ Click "Next"
➢ Done
TRADING REQUIREMENT
4. BID / ASK SPREADS
The bid and ask prices of trading instruments on the platform are the prices of the liquidity
providers. In abnormal market conditions such as before and after the release of major
economic data, during periods of volatile market conditions or times of illiquidity and several
other factors. The bid and ask prices also depend on the market opening, at the beginning of
the Asian time zone, at the end of the New York time zone, as long as the value date
changes, the spread may be wider.
Furthermore, we will inform you about the Widening of Spreads that often occur in Liquidity
Providers during Market Closing / Opening. Especially Exotic Pairs (Pairs that are not against
the USD) usually experience widening spreads (30 - 60 pips) far from normal spreads in
stable market conditions. Therefore, as much as possible avoid Over Night for this pair's
Exotic Position because Stop Loss can be affected during Over-Night.
UNDERSTANDING SPREADS & HOW SPREADS AFFECT YOUR TRADING
For example, if you look at the EURUSD chart it reached the price of 1.2600 (take profit for
the short term) but your order did not stop or close. It is commonly known as the market
spread. Please also note that the price on the chart is a bid price and not an ask price. In
order for the take profit at 1.2600 to be achieved, the Euro-Dollar pair must hit the price at
1.2600 + the market spread. Meanwhile, to find out the stop loss number, the price must
reach 1.2750 + the market spread.
If the spread is 2 points, then the take profit for the short term is 1.2602 with a stop loss
when the price reaches 1.2752.
Now, what happens if the spread widens by +10 points?
Then the price is at 1.2612 so that the take profit will be obtained and can stop trading.
Additionally, the price has to reach 1.2760 for the stop loss to be set.
Notes:
If a trader is still unsure about the Take Profit or Stop Loss point or level, it is advisable to
make a decision to take or not before the provisions of the rules run, so it is advisable to
contact ORBI TRADE via WhatsApp to WhatsApp +1 737 232 2299 or +62 8 111 717 999
(Bahasa).
We will be happy to receive and maintain the journal report and history of price tick on our
server.
TRADING REQUIREMENT
5. ORDER EXECUTIONS
All standard types of orders on the market are available on your MT5 platform, namely
market execution, limits and stops. In addition to the Trailing Stops, where the Stop level
moves in line with the market price and is supported for all types of Stop orders.
All stop and limit orders can be placed as:
- Day Order this order can be categorized as an order that expires automatically at the end
of the working day when the order is placed
- Good Till Canceled (GTC) This order is adjusted to the conditions the order is still running
until the cancellation is done manually
7. PENDING ORDER
All pending orders (Buy Limit, Sell Limit, Sell Stop, Buy Stop, Take Profit & Stop Loss) will be
executed by the market price at open.
For example: You are requesting a sell stop order on Dow Jones Index at 33,000. When the
next price of DJI at 31,000, Then your order will be done at 31,000.
TRADING REQUIREMENT
Other Important Notes:
ORBI TRADE has the right to make corrections/cancellations of transactions according to the
current price with the following conditions:
a. An error occurs in exceptional circumstances such as a highly volatile market before or
after a news release
b. It occurs when a transaction is based on a Wrong Quote, for example, an incorrect price
when the market is running.
c. All of the above provisions will be checked before taking action.
8. INTEREST / SWAP
An interest/swap rate is the overnight interest or rollover (earned or paid) for holding
positions overnight in forex trading. Each trading instrument has its swap fee and is
measured based on the volume used.
An interest/swap rate is subject to change depending on fluctuations in the country's
primary interest rate and can be calculated daily at the close of the New York market. In
addition, there is an additional swap of three times the average amount and occurs every
Wednesday to compensate for the swap fee on Saturdays and Sundays when the market is
closed.
9. ADJUST ROLL-OVER
For Customers with Free Swap Account, there is an Adj Roll Over Fee. This Roll Over Adj is a
replacement fee for Swap charged for Free Swap Account, and this fee is only charged for
transactions that exist at the end of the month.
So if there are no transactions open at the end of the month to the beginning of the
following month, this fee is not charged, so we recommend that for Free swap accounts, not
to hold positions at the end of the month
(Average Spread x lot) + Commission
TRADING REQUIREMENT
Study Case:
a. Open Sell EURUSD on November 30th at 1.13736 (1 lot)
Spread EURUSD 8 Pips = 8 Pips
Commission = $30
(Spread x lot ) + Commission
(8 x 1) + $30 = $38
10. LEVERAGE
The forex market's main benefit is offering the highest leverage (lowest margin) of various
products. It means that all traders can trade in the global market, which cannot do in other
financial worlds.
There are two types of leverage in ORBI TRADE that will be an offer to all clients:
a. Leverage 1: 200 is available for Professional, Syariah, and Signature Accounts
b. Leverage 1: 500 is only available for Recreation Account
11. HEDGING
Hedging / Locking is a situation where there are two opposite trading positions on the same
currency pair. When this happens, the margin requirement for each class is calculated to be
50% of the standard margin requirement.
Example:
• Long position of 0.1 lot of EUR / JPY
• Short position of 0.1 lot of EUR / JPY
Typically, the margin requirement for both positions is $ 100, but in this case, the value of
the margin requirement for both parts is $ 50
TRADING REQUIREMENT
12. MARGIN CALL
Metatrader5 will trigger a margin call when the margin level on the account reaches 100%.
Margin levels can be found in the Trade tab menu in Metatrader5.
Contract specification:
TRADING HOURS
PROFIT/LOSS CALCULATION:
(Sell – Buy) x Lot x Contract Size (Sell – Buy) x Lot x Contract Size x
𝑈𝑆𝐷𝐶𝐴𝐷 AUDUSD
(Sell – Buy) x Lot x Contract Size (Sell – Buy) x Lot x Contract Size x
𝑈𝑆𝐷𝐶𝐻𝐹 GBPUSD
(Sell – Buy) x Lot x Contract Size x (Sell – Buy) x Lot x Contract Size
NZDUSD 𝑈𝑆𝐷𝐽𝑃𝑌
TRADING INSTRUMENT & DETAILS
FOREX
SWAP CALCULATION:
(Price Closing x Lot x Contract Size x Long_Short) : 100 : 360
Notes: 3 Days Swap is charged every Wednesday; trading positions placed on Wednesdays
will be counted as three swap days due to paying for Saturday & Sunday swaps
Contract specification:
Note:
- DST On (Daily Maintenance Start faster in 1 Hour)
Quote & Trade Forex 00:05 - 22:55 Meta Time
Quote & Trade start from Sunday 23:05 Meta Time
- DST Off (Daily Maintenance Normal)
Quote & Trade Forex 01:05 - 23:55 Meta Time
Quote & Trade start from Monday 00:05 Meta Time
Notes:
- The time zone is metatrader Time (GMT+2).
TRADING INSTRUMENT & DETAILS
COMMODITY TRADING HOURS XAGUSD
Notes:
- The time zone is metatrader Time (GMT+2).
TRADING INSTRUMENT & DETAILS
COMMODITY
PROFIT/LOSS CALCULATION:
• XAUUSD : (Sell - Buy) x Lot x Contract Size
• XAGUSD : (Sell - Buy) x Lot x Contract Size
• OIL / CLU : (Sell - Buy) x Lot x Tick Size / Tick Price
SWAP CALCULATION:
• XAUUSD : (Settle price x Lot x Contract Size x Interest)/360
• XAGUSD : (Settle price x Lot x Contract Size x Interest)/360
• OIL / CLU : No Swap
Notes: 3 Days Swap is charged every Wednesday; trading positions placed on Wednesdays
will be counted as three swap days due to paying for Saturday & Sunday swaps
EXPIRED CONTRACT:
• XAUUSD : No Expired
• XAGUSD : No Expired
• OIL / CLU : Contract Oil is renewed once a month
Note: Notifications will be sent to your Metatrader 5 mailbox, so make sure you read every
notification forwarded to your Metatrader 5 mailbox. The message will be sent under the
following conditions:
H–7 : Notification of when the new contract will start
H – 3/4 : Notification of when the old contract will expire, and it is no longer possible to
enter a new position in the old contract
H : Warning to terminate the position in the old contract or will be forced to stop
automatically
TRADING INSTRUMENT & DETAILS
CFD STOCKS INDICES
Contracts for Difference (CFD) is a Specialized and popular Over Counter (OTC) financial product that
makes it possible to quickly take a wide range of market positions across a variety of different
financial markets (Dow Jones, NASDAQ, S&P 500).
Contract specification:
NASDAQ
$20 Start From 17 $100 Start From 22 $10
(US100)
S&P 500
$20 Start From 10 $100 Start From 20 $10
(US500)
DOW JONES
$ 10 Start From 1.0 $100 Start From 2.0 $10
(US30)
TRADING HOURS
DAY
PRODUCT Quotes Trade
TRADING
NASDAQ MONDAY -
00:05-21:55 00:05-21:55
(US100) FRIDAY
S&P 500 MONDAY -
00:05-21:55 00:05-21:55
(US500) FRIDAY
DOW JONES MONDAY -
00:05-21:55 00:05-21:55
(US30) FRIDAY
Notes:
- The time zone is metatrader Time (GMT+2).
TRADING INSTRUMENT & DETAILS
CFD STOCKS INDICES
PROFIT/LOSS CALCULATION:
(Sell - Buy) x Lot x Tick Price / Tick Size
SWAP CALCULATION:
No Swap
EXPIRED CONTRACT :
• NASDAQ (US100) : Dow Jones contracts are renewed every three months
• S&P 500 (US500) : Contract Dow Jones continued every three months
• DOW JONES (US30): Contract Dow Jones continued every three months
Note: Notifications will be sent to your Metatrader 5 mailbox, so make sure you read every
notification forwarded to your Metatrader 5 mailbox. The message will be sent under the
following conditions:
H – 7: Notification of when the new contract will start
H – 3/4: Notification of when the old contract will expire, and it is no longer possible to
enter a new position in the old contract
H: Warning to terminate the position in the old contract or will be forced to stop
automatically
TRADING INSTRUMENT & DETAILS
CFD INDONESIA STOCKS
At Orbi Trade, you can trade CFDs on the Indonesian Stock Market; trading on the CFD
Market allows you to Short Sell and take profits when the stock price drops.
Contract specification:
CONTRACT
PRODUCT SIZE
SPREAD / FRACTION COMMISSION/ LOT
CONTRACT
PRODUCT SIZE
SPREAD / FRACTION COMMISSION/ LOT
Contract specification:
CONTRACT
PRODUCT SIZE
SPREAD / FRACTION COMMISSION/ LOT
Contract specification:
CONTRACT
PRODUCT SIZE
SPREAD / FRACTION COMMISSION/ LOT
FRACTION CHANGES:
Fraction can be change according to stocks price and if there is a change in fraction shift
based on the Bid price, when Bid price changes to next or previous fraction. Therefore,
changes to stops/limits and securities will occur when the market closes according to the
session.
COMMISSION CALCULATION
Open Price x Lot x Contract Size x 0.5%
Example:
- Fraction 1,2,5 : BUY ACES 1 LOT at 1000 | Commission = $30
- Fraction 10 : BUY ADRO 1 LOT at 2820 | Commission = $40
- Fraction 25 : BUY AALI 1 LOT at 12675 | Commission = (12675 x 1 x 2 x 0.5%) =
$126.75
TRADING INSTRUMENT & DETAILS
CFD INDONESIA STOCKS
PENDING ORDER
All pending orders (Buy Limit, Sell Limit, Sell Stop, Buy Stop, Stop Loss and Take Profit) will
follow the following rules:
1. Expiration (validity period) Pending Order for new position is Good Till Today (include
SL/TP)
2. If Market Holiday or trading hours are closing, all Pending Orders for new positions and
liquidation positions will be deleted.
3. Expiration (validity period) Pending Order for liquidation position is Good Till Today
(include SL/TP)
4. Pending order limit is 3x Fraction
Notes : Average Open Price = (Open Price Buy + Open Price Sell) : 2
SYMBOL
The active Indonesian CFD symbol is the additional symbol “IDX"
Example :
BBRI = Only to close previously open transactions
BBRI.IDX = Able to open or close the latest transaction
TRADING INSTRUMENT & DETAILS
CFD INDONESIA STOCKS
PROFIT/LOSS CALCULATION:
(SELL-BUY) x Lot x Contract Size
SWAP CALCULATION:
(Settle Price Bid or Ask x Lot x Contract Size x (Long or Short) : 100) : 360
Example :
Buy ASII 1 Lot at 5475 | Sell ASII 1 Lot at 5450
Settle Price : (Market Close Price)
Bid = 5400 | Ask = 5425
Swap Long
(5425 x 1 x 2 x -8 : 100) : 360 = $-2,4 / Day
Swap Short
(5400 x 1 x 2 x -2 : 100) : 360 = $-0,6 / Day
Notes:
• 3 Days Swaps are charged every Friday; trading positions placed on Friday will be counted
as three swap days due to paying for Saturday & Sunday swaps. You can trade CFDs on the
Indonesian Stock Market; trading on the CFD Market allows you to Short Sell and take
profits when the stock price drops.
• All CFD Stocks transaction will be swap charged
TRADING INSTRUMENT & DETAILS
TRADING HOURS
Notes:
- The time zone is Indonesia Time (GMT+7). 5 Hours ahead of Metatrader Time (GMT+2)
- Not all Indonesian stocks open at Pre-opening
- Only Stocks that are members of the LQ45 Index can enter pending orders at Pre opening
hours
- Traders can be traded when the trade Price is Open.
- All Pending orders placed will be picked up if the price reaches the area set in the open
trade.
TRADING INSTRUMENT & DETAILS
CFD INDONESIA STOCKS
TRADING WHEN PRICE STOPS. AUTO REJECT UP (ARA) & AUTO REJECT DOWN
(ARB)
- When a price stop occurs (the price tick does not change) such as ARA & ARB
or there is no transaction, within the next 30 minutes you can still able to
make Market Execution or Pending Order transactions
- When a price stop occurs (the price tick does not change) such as ARA & ARB
or there is no transaction for more than 30 minutes, the transaction cannot
be carried out (trade disable / off quotes)
- Our transaction can be re-done when a new transaction occurs (changes in
price ticks)
TRADING INSTRUMENT & DETAILS
CRYPTOCURRENCY
Contract specification:
Notes :
The price movement tolerance that can be used to open/close positions when the price freezes
is the next 15 seconds, if more than that, the request for open/close positions will be rejected
with an "Off Quotes" notification
TRADING INSTRUMENT & DETAILS
CRYPTOCURRENCY
TRADING HOURS
Notes :
This time use GMT+2
TRADING INSTRUMENT & DETAILS
CRYPTOCURRENCY
TRADING HOURS
Notes :
Swap Using in percentage terms, using current price
TRADING INSTRUMENT & DETAILS
CRYPTOCURRENCY
PROFIT/LOSS CALCULATION:
(SELL-BUY) x Lot x Contract Size
MARGIN CALCULATION:
Lot x Maintenance Margin
SWAP CALCULATION:
( Current Price (EOD) x Lot x Contract Size * Long or Short /100 ) / 365
Notes :
Current Price (End of Day)
AGREEMENT
This Agreement constitutes the entire Agreement between the Parties and supersedes any
prior agreement, understanding, or arrangement between the Parties relating to the subject
matter.