Score
OBFX
United Kingdom|2-5 years| https://obgfx.cc/index.html
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Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 1618 507890
Other ways of contact
Broker Information
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OBFX GLOBAL TECHNOLOGY LIMITED
OBFX
United Kingdom
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
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| Maximum Leverage | -- |
| Minimum Deposit | USD 500 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | -- |
| Minimum Deposit | USD 200 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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OBFX · 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.
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