Obo Holding Ltd Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 13:45

Abstract：Obo Holding Ltd is a forex and CFD broker that was founded in 2019 and is based in Saint Vincent and the Grenadines. The company offers a variety of trading accounts, including Standard, Professional, and ECN accounts, and supports popular trading platforms like MetaTrader 5. Obo Holding Ltd offers tight spreads on a wide range of tradable assets, including forex pairs, CFDs on global stocks, commodities, and cryptocurrencies. The company also provides a demo account so that traders can practice their strategies without risking any real money.

Obo Holding Limited Review Summary
Founded	2014
Registered Country/Region	Dubai
Regulation	Unregulated
Market Instruments	CurrenciesCryptocurrencyMetalsStock Indices
Demo Account	✅
Leverage	Up to 1:2000
Spread	From 0.1 pips
Trading Platform	MT5
Min Deposit	$50
Customer Support	Phone: +44 7706 670139
	Live Chat: 24/5
	Corporate Office # 715, 7th Floor Park Lane Tower Business Bay,Dubai - United Arab Emirates
	Email: support@obohfx.com
	Social Media: Instagram, Facebook, Linkedin

Obo Holding Limited Information

　　Founded in 2014 and registered in Dubai, Obo Holding Limited is an unregulated broker. The company offers access to a wide range of market instruments, including currencies, cryptocurrencies, metals, and stock indices.

　　Obo Holding provides traders with the MetaTrader 5 (MT5) platform, known for its advanced features and functionality. Clients can start trading with a minimum deposit of $50 and enjoy leverage of up to 1:2000. The company offers competitive spreads from 0.1 pips and a demo account for those looking to practice before trading live.

Pros and Cons

Pros	Cons
Spread from 0.1 pips	High minimum deposit threshold of FUTURE account up to $2000
No swap fees
24/5 service
Leverage up to 1:2000
Supporting MT5

Is Obo Holding Limited Legit?

　　Obo Holding Limited is not regulated by any regulatory authorities.

What Can I Trade on Obo Holding Limited?

　　Obo Holding Limited offers a wide range of popular market instruments, including currencies, cryptocurrencies, metals, and stock indices. Traders can access over 300+ instruments and trade anytime, anywhere on one of the most trusted trading platforms, MetaTrader 5 (MT5).

Tradable Instruments	Supported
Forex	✔
Metals	✔
Stock Indices	✔
Crypto	✔
ETF	❌
Bonds	❌

What Can I Trade on Obo Holding Limited?

Account Types

　　Obo Holding Limited offers a range of account types with common features.

　　All accounts provide access to MetaTrader 5 (MT5) with high leverage options, no swap fees, and a stop out level of 20%. The minimum deposit required for opening an account ranges from $50 to $2,000, depending on the type, and all accounts offer competitive spreads.

　　The main differences lie in spread types, leverage limits, and commission charges.

Account Type	Minimum Deposit	Spread	Leverage Up To	Commission	Swap	Stop Out	Margin Call
STANDARD	$50	Floating	1:500	No	No	20%	100%
ISLAMIC	$300	1.4	1:1000	No	No	20%	100%
GOLD	$1,000	0.6 pip	1:1500	No	No	20%	100%
ULTRA LOW	$1,500	0.1 pip	1:2000	Yes	No	20%	100%
FUTURE	$2,000	Source	1:1000	Yes	No	20%	100%

Obo Holding Limited Fees

No Commission & No Swap: Standard, Islamic, and Gold accounts.
Commission Applies: Ultra Low and Future accounts.
Lowest Spreads: Ultra Low (0.1 pip) and Gold (0.6 pip).
Leverage: Varies by account type, with the highest leverage (1:2000) on the Ultra Low account.

Trading Platform

　　MetaTrader 5 is a powerful trading platform designed to provide modern traders with the tools they need for successful trading, which is available for multiple platforms, including:

macOS
Windows
Linux
Web Terminal

Platform	Features	Available Versions	Download Options
MetaTrader 5	A powerful platform for Forex and Exchange markets, designed for convenient and functional trading.	macOS, Windows, Linux, Web	Download for macOS, Download for Windows, For Linux, Web Terminal