Score
OBFX
United Kingdom|2-5 years| https://obgfx.cc/index.html
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
obgfx.cc
Server Location
China
Website Domain Name
obgfx.cc
Server IP
119.13.92.99
Company Summary
Note: OBFX's official website: https://obgfx.cc is currently inaccessible normally.
| OBFXReview Summary | |
| Founded | 2022 |
| Registered Country/Region | UK |
| Regulation | No regulation |
| Market Instruments | Forex and shares |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | 0.7 pips |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | 24/5 live chat |
| +44 1618 507890 | |
| info@obfex.com | |
OBFX Information
OBFX is a global forex and shares broker. It was founded in the UK, and it claims to hold licenses in the UK, Australia, and South Africa. However, this company in fact doesn't have real licenses, and it lacks regulation.
Pros and Cons
| Pros | Cons |
| 24/5 live chat support | Lack of regulation |
| Demo accounts | Unavailable website |
| Tight spreads | Limited trading asset classes |
| MT5 supported |
Is OBFX Legit?
OBFX is not regulated. It claims to be regulated by the FCA in the UK, ASIC in Australia and the FSCA in South Africa. However, it can not be found in the database. Therefore, the truth is that OBFX lacks regulation.
What Can I Trade on OBFX?
In general, it offers forex and shares trading. OBFX claims that it provides free access to over 40,000 trading instruments. In this platform, customers can explore the forex and the CFD markets.
Account Type/Leverage/Spreads & Commissions
| Account Type | Max Leverage | Spreads | Commission |
| Classic account | 1:500 | 0.7 pips | / |
| Platinum account | 1:500 | 0.7 pips | / |
Trading Platform
OBFX uses MetaTrader 5 (MT5) as its trading platform. To be noted, the trading is entirely fictitious, and there is a possibility that OBFX fools their customers that their money is being invested.
Deposit and Withdrawal
OBFX claims to offer various deposit and withdrawal methods, including Visa, PayPal, MasterCard, Skrill and Neteller.
Customer Service
| Contact Options | Details |
| Phone | +44 1618 507890 |
| info@obfex.com | |
| Support Ticket System | ❌ |
| Online Chat | 24/5 |
| Physical Address | Flat 43 Perkins House Wallwood Street London, England |
The Bottom Line
OBFX has several potential risks, and it is suggested not to trade in this platform.
FAQs
Is OBFX safe?
No, it's not safe, and the trading is entirely fictitious.
Is OBFX a good for beginners?
Not exactly, certain economic knowledge is required.
What trading platforms do OBFX have?
It uses MetaTrader5 as its major trading platform.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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FX57947855
United States
I received a transaction review email asking me to upload a video for verification when I attempted to withdraw $23,000 from the account, but there was no response for many days after the video was posted. The crucial factor is that it was only recently evaluated, and this time there is no justification. I can be viewed as a rare and veteran customer because of the restricted withdrawal. Before The Australian government's Austrac.org destroyed the website that had been making unpleasant moves towards investors, but recently it has been a terrible experience for all of us that the transaction review occurred. The issue with the user experience can't be resolved right away.
Exposure
2022-12-03
非也小哥
Hong Kong
There are various reasons to refuse to withdraw funds, and ask you to pay taxes, and then suspect money laundering, freeze the account and ask for margin, etc.
Exposure
2022-11-15
雯雯70956
Hong Kong
Require to pay personal income tax and margin, and deny withdrawal by various reasons
Exposure
2022-10-20
雯雯70956
Hong Kong
Ask you to pay personal income tax, but still do not withdraw after that. Then, they ask for margin and a10% of the account balance will be deducted daily as liquidated damages until the balance is deducted.
Exposure
2022-09-18
mml
Hong Kong
1. Someone will induce you to continuously deposit funds. 2. During the period, you will make money by their guiding. Please note that making money is done under their inducement, and there will be slippage. 3. Continue to deposit 4. Use the slippage to make you liquidate your position. 5 deposit again, they will also deposit 6. If you make money, they won't let you withdraw
Exposure
2022-05-28