OBFX Broker Review
- Before you can withdraw your funds
- A minimum deposit of $100 is required to start trading with OBFX.
- Despite offering CFDs on commodities, indices, and shares
OBFX Broker Review – Cons of Investing in OBFX.cc Trading Scam
The OBFX broker boasts that it has several Tier 1 regulations and a low minimum deposit. However, it is essential to note that reality differs from what we expect. It differs from what we expect.
They don’t have a license, and everything on their website is just a ploy to get you to invest. The details on how this cyber-fraud operates can be found in this trusted OBFX review.
We also encourage you to read our reviews of Capital Forex Live, Oriontero, and Tedex scam brokers. The investment opportunities they offer are simply too good to be true for those who aren’t aware of them!
- Scam Broker Status: Unregulated
- Licensed by: Unlicensed Forex Provider / Unregulated
- Websites of scammers: obgfx.cc / obfex.com
- Operational Status: Active Forex Trading Scam / CFD Scam
- Scam listed by: N/A
- Owner of the broker: OBFX Global Technology Limited
- Country of headquarters: UK (allegedly)
- Year of foundation: 2021
- Platforms for online trading: WebTrader
- Mobile Trading: Web-based
- The minimum deposit is $100.
- Bonus up to $600 upon deposit
- Trading Crypto Assets: Not available
- You can trade CFDs: Yes, you can trade CFDs
- The following trading instruments are available: Forex (FX) / Commodities / Indices / Shares
- Leverage maximum: 1:500
- Islam Account: Not available
- Demo Account: Yes, it is free
- US traders are accepted: US traders are accepted.
- Global Fraud Protection Team: Don’t invest with this scam broker!
Is OBFX a Regulated Forex Provider?
According to the UK FCA, ASIC, and FSCA, OBFX Forex broker is owned and operated by OBFX Global Technology Limited.
The broker also offers over 40,000 trading instruments and has been providing worldwide trading services for over 30 years. What a great idea, huh?
What’s Wrong With FX Trading License?
I’ll tell you the harsh truth now. The OBFX regulations do not appear to be valid after we checked them. Wave app offers almost 1,000 assets but doesn’t have a financial license and has been around for just over a year.
Where Do OBFX Scam Victims Live?Our research indicates that OBFX trading scams primarily target Americans, British, and German residents. Wherever you live, pay attention not to become the next victim of this scam investment company, as it places fraudulent ads worldwide.
What can victims of OBFX fraud do? – Start the money-back process
A chargeback dispute should be submitted if you find yourself the victim of an OBFX scam. Global Fraud Protection has exposed several bogus firms like this one, and victims have been compensated.
Do not let fraudsters run off with your hard-earned money. Act now before it’s too late. Take the first step towards recovery with a free consultation from our experts!
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FAQ Section:
1. What Is OBFX, and Should I Invest Money In It?
OBFX is a scam provider of Forex and CFD trading without a trade license. For assistance with your refund, contact us as soon as possible if you have fallen for their scam.
2. What Is the OBFX Minimum Deposit?
A minimum deposit of $100 is required to start trading with OBFX.
3. Can I Trade Cryptos and CFDs With OBFX Broker?
Despite offering CFDs on commodities, indices, and shares, the broker does not offer crypto trading.
4. Does OBFX Give a Deposit Bonus When Opening an Account?
OBFX offers a $600 bonus on your first deposit but does not stipulate a rollover requirement for withdrawals.