Score
OBFX
United Kingdom|2-5 years| https://obfex.com/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
Users who viewed OBFX also viewed..
GTCFX
- 10-15 years |
- Regulated in United Kingdom |
- Straight Through Processing(STP) |
- MT4 Full License
Neex
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
EC Markets
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
AUS GLOBAL
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
Website
obfex.com
Server Location
Germany
Website Domain Name
obfex.com
Server IP
176.113.70.186
Company Summary
General Information
Established in 2021, OBFX presents itself as a copy trading platform registered in the United Kingdom, offering its clients easy access to diversified range of financial markets, such as currencies, Commodities, Cryptocurrencies, and Indices.
Is OBFX safe to trade with？
OBFX has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.21out of 10.
Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Before making any choice, investors are advised to check out a forex brokers regulatory status on WikiFX.
Products & Services
OBFX provides its clients access to various financial markets, Forex, Synthetic Indices, Stocks, and Commodities.
Account Types
OBFX offers two trading accounts: Classic account and Platinum account. To open a Classic account, you need to fund at least $200 and traders who want to try the Platinum account need to fund $500 into the account.
Spreads & Commissions
OBFX hypes that it offers competitive spreads and commission across all asset classes, the spreads on FX pairs as low as 0.2 pips, 0.4 pips on US500, commission from $3 on US Stocks, $1.25 on Commodities.
Leverage
When it comes to leverage, OBFX permits traders to use leverage of up to 1:500, which is significantly higher than the levels regarded appropriate by many regulators.
Don't assume that high leverage is always beneficial; it can magnify both your wins and your
losses.
Trading Platform
OBFX fails to offers its clients the industry-leading MT4 or MT5 trading platform.
Payment Methods
OBFX allows its clients to make a deposit and withdrawal through VISA, MasterCard, Skrill, PayPal, Neteller.
Customer Support
Traders can reach out to OBFX about any questions or concerns they may have about their accounts or their trading through the following methods:
Email: info@obfex.com
Registered Company Address: FLAT 43 PERKINS HOUSE, WALLWOOD STREET, LONDON, ENGLAND
Or you can follow this broker on some social media platforms, such as Facebook, Instagram, Twitter and Linkedin.
Educational Resources
OBFX offers some trading tools and educational resources to its clients, which include Fast Academy, Video Tutorials, Courses, E-Books, Glossary.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 5
Content you want to comment
Please enter...
Review 5
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
mml
Hong Kong
1. Someone will lure you to deposit funds, friends, former colleagues, and co-invest with you. 2. When trading, there will be pips that have never appeared on the current trading day. 3. When you withdraw money, there will be 24 hours, 72 hours, and then Always review, it is best to eliminate the number 4 for you, the funds in their account are all fake.
Exposure
2022-05-27
Divya Chauhan
United Kingdom
they keep asking for more money to withdraw my fund to my crypto wallet. Please stay away from this.. this is a SCAM SCAM SCAM.STAY AWAY..⛔️⛔️⛔️⛔️⛔️⛔️
Exposure
2022-05-02
FX4022715870
Hong Kong
Unable to withdraw. It required the upgrading of VIP before withdrawal.
Exposure
2021-10-13
FX1418362886
Hong Kong
It said that I should be the vip in order to withdraw. But then they deducted my balance and asked for margins.
Exposure
2021-09-22
Yuri Chen
Malaysia
Not regulated, the manager disappeared after I paid the fees and asked for to get my withdrawal order processed and there was no response from the support.
Neutral
2022-12-14