OBFX Spreads, leverage, minimum deposit Revealed

　　Note: OBFX's official website: https://obgfx.cc is currently inaccessible normally.

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

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

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

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.