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OBO Markets

WikiFX | 2026-04-20 23:32

Abstract:  OBO Markets is a newly established forex broker registered in the United Arab Emirates, giving traders access to various trading instruments, such as CDFs, forex, indices, commodities, metals, and more. The broker also provides classic, gold, platinum, elite, and rawaccounts. OBO Markets are still risky due to its unregulated status.

OBO MarketsReview Summary
Founded2024-05-22
Registered Country/RegionUnited Arab Emirates
RegulationUnregulated
Market InstrumentsCDFs/Forex/Indices/Commodities/Metals
Demo Account/
LeverageUp to 1:500
SpreadFrom 0.2 pips
Trading PlatformMT5(Web/Desktop)
Min Deposit$50
Customer SupportPhone: +971 0529626257
Phone: +971 0559305041
Email: support@obmarket.com

OBO Markets Information

OBO Markets is a newly established forex broker registered in the United Arab Emirates, giving traders access to various trading instruments, such as CDFs, forex, indices, commodities, metals, and more. The broker also provides classic, gold, platinum, elite, and rawaccounts. OBO Markets are still risky due to its unregulated status.

OBO Markets Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
Various tradeable instrumentsNo account and fee information
Spread as low as 0.2 pipsInaccessible official website
Leverage up to 1:500
Commission-free

Is OBO Markets Legit?

OBO Markets is not regulated, making it less safe than regulated brokers.

Is OBO Markets Legit?
Is OBO Markets Legit?

What Can I Trade on OBO Markets?

Traders can choose different investment directions because the broker provides CDFs, forex, indices, commodities, metals, and more.

Tradable Instruments Supported
Forex✔
Commodities✔
CDFs✔
Indices✔
Metals✔
What Can I Trade on OBO Markets?

Account Type

OBO Markets has five account types with different deposits: classic, gold, platinum, elite, and raw. Traders with a small budget can choose a classic account.

Account Type ClassicGoldPlatinumEliteRaw
Deposit50$ To 1000$1000$ To 3000$3000$ To 10000$10000$ To Above20000$ To Above
Leverage1:5001:5001:5001:5001:500
Min. Lots0.010.010.010.010.01
No CommissionsYesYesYesYesYes
SpreadsFrom 0.2 PipsFrom 0.2 PipsFrom 0.2 PipsFrom 0.2 PipsFrom 0.2 Pips

OBO Markets Fees

The spread is from 0.2 pips, the commission is0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500meaning that profits and losses are magnified 500 times.

Trading Platform

OBO Markets cooperates with the authoritative MT5 trading platform available on the web and desktop to trade. Traders with rich experience are more suitable for using MT5.

Trading PlatformSupported Available Devices
MT5✔Web/Desktop
Trading Platform

Deposit and Withdrawal

The minimum deposit is $50. OBO Markets accepts several deposit/withdrawal methods: bank transfers, credit/debit cards, and e-wallets. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.

Customer Support Options

Traders can communicate via Facebook, Twitter, LinkedIn, Instagram, etc. Traders can also get in touch via phone, online chat, and email. However, customer support schedules are unclear.

Contact Options Details
Phone +971 0529626257
+971 0559305041
Email support@obmarket.com
Online Chat ✔
Social MediaFacebook/Instagram/YouTube
Supported Language English
Website Language English
Physical Address Office No. 701, 7th floor AI Jawharah Building, Bank Street Bur Dubai, Dubai U.A.E

Related broker

Not Regulated
OBO Markets
Company name:OBO Markets
Score
1.91
Website:https://obomarket.com
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.91

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