OBRinvest is a Cyprus-based trading brokerage with a solid platform and decent trading conditions. However, there have been many negative comments lately, which we decided to check.
Our detailed OBRinvest review will cover all, from license to trading terms. Read carefully.
CySEC is a Tier 2 regulator. Since some companies under this license have disobeyed the rules and the authority didn’t react by banning their services but instead penalizing them financially, they cannot count as the strictest. However, they do follow ESMA’s leverage restrictions, oblige Forex brokers to maintain minimum capital at 730,000 EUR, and keep clients’ funds in segregated accounts.
Another benefit of investing with Cypriot brokers is a compensation fund. According to CySEC, each brokerage house must participate in the Investor Compensation Fund with up to 20,000 EUR per account.
If you have any details about broker OBRinvest and its operations, feel free to notify our team.
OBRinvest is a CySEC-licensed trading brokerage established in 2013. Lately, the company has had negative reviews piling up.
According to our analysis, the majority of OBRinvest customers come from the following countries:
According to a SimilarWeb traffic report, the firm had a bit over 30,000 visits during February 2023.
While authorized to provide services in all the aforementioned countries, note that the company doesn’t offer financial products to the residents of Belgium, as leveraged trading is prohibited.
At the time of writing, the company had 207 comments and an average rating. The worrisome fact is that, lately, most reviews are negative. If you check the latest ones, you will find 4/5 being 1-star. Bad reputation for this licensed trading company.
OBRinvest trading platform is quite decent. The firm offers access to MT4, one of the most advanced software today. Along with its successor, MT5, MetaTrader 4 takes the largest share of the market. The platform has millions of downloads on all devices.
The reason for such popularity is in the features. With MT4, you can find in-depth analytical tools, plenty of charts and indicators, and various add-ons. You can participate in social trading, use EAs, and much more.
Another great advantage is that you can use a mobile app. Both Android and iOS users can download MT4 for their devices and join the trading community. This makes accessing your account and trading easier and minimizes the chances of missing out on trading opportunities.
Suppose you want to trade with OBRinvest, but don’t know your options. We have reviewed them for you and compiled a list.
You can choose from one of the following asset classes:
The spread depends on the account type and varies between 1.6 and 3.0 pips for EUR/USD benchmark. This is relatively high and not very competitive.
Other than that, you can expect to pay a $0.08 to $0.12 commission on crude oil trading and swaps for keeping the position overnight.
The list of OBRinvest account types includes:
Unlike many of its counterparts, OBRinvest doesn’t offer a Micro account. The minimum deposit is a bit high, starting at 250 EUR.
Each account brings lower spreads and more free withdrawals. Note that in case your account is inactive for more than a month, the brokerage maintains the right to charge an inactivity fee.
You can register for an OBRinvest Demo account through the MT4 terminal. You will then get $100,000 in virtual funds to test the system.
Demo accounts can be beneficial for trading newbies and seasoned investors who are exploring new trading strategies. Instead of risking your money, you can try it out on a Demo account first.
There’s a minimum OBRinvest withdrawal amount for wire transfers, set at 100 EUR. You can also use your debit/credit card, Skrill or Neteller without any limitations.
Each customer has a certain number of free withdrawals depending on the account type. After that, the charges will apply. The company will process the request within 24h, with additional five business days for the money to appear in your account.
However, we’ve found a number of reviews indicating that OBRinvest refuses to process the withdrawal request. Be careful and report any issues immediately.
Suppose your OBRinvest withdrawal request is not approved. In such cases, you can contact Global Fraud Protection. We’ll evaluate your case during a free consultation and check if you have a legal ground to reach the regulator and request a chargeback. If so, we’ll assist you with the first steps.
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OBRinvest is a CySEC-regulated trading brokerage. In case you have any issues with your trading account, we might be able to assist.
OBRinvest offers a risk-free Demo account with $100,000 in virtual funds.
OBRinvest doesn’t mention any bonuses, which are not allowed, according to EU watchdog ESMA.
OBRinvest is a CySEC-regulated trading brokerage. In case you have any issues with your trading account, we might be able to assist.
OBRinvest offers a risk-free Demo account with $100,000 in virtual funds.
OBRinvest doesn’t mention any bonuses, which are not allowed, according to EU watchdog ESMA.
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