Best Brokers

OBRinvest Review

OBRinvest is a CFD / Forex broker, that is owned by OBR Investments Limited.

Officially located at: 39 Kolonakiou, Frema Plaza, Ground Floor, Flat 2, Ayios Athanasios, CY-4103, Limassol, Cyprus. Contact phone number is: +35725060023, and customer support email is: [email protected]. Official website is at: https://www.OBRinvest.com.

For broker complaints or withdrawal issues, read this.

OBRinvest Broker

OBRinvest Review

An objective review of OBRinvest finds that they are offering a unique web-based CFD trading platform. Their trading app is user friendly, and easy to use by investors of all levels. For experienced day traders and investors, you will find the popular MT4 trading platforms, along with the classic mobile trading apps for Android and iOS.

More than 300 underlying assets are available to trade, with leverage rates as high as 30:1 as per European Union Mifid mandate. Investors will see that there are CFD’s on Currency / Forex Pairs, Crypto Currency, US Stocks & European Shares, Market Indexes and Commodities to trade.

As a global brokerage firm, their website is available in multiple languages including English, Italian, German, Spanish, Dutch and Portuguese. You can have your trading account denominated in these currencies; USD, CHF, EUR & GBP.

Minimum deposit for a live trading account starts at $250, and they offer free Demo Accounts.

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OBRinvest Trading App
OBRinvest Trading App

Scam Trading Apps

You probably saw an infomercial about an algorithm trading app that makes thousands of dollars a day. They go by the names of Bitcoin Code, Bitcoin Era, and more. Once you signup for it, they direct you to a Forex broker like OBRinvest.

There are a few things you need to know.

  1. Automated trading apps are mostly random signal generators, that are not 100% accurate.
  2. 75 – 90% of CFD investors lose money, so those ridiculous promises of huge profits are false.
  3. This broker is not authorized or licensed to give you investing advice.

You can read more about free trading signals.

Is OBRinvest Legit?

When the Scam Broker Investigator reviews a new brokerage firm, to see if they are a legitimate broker or a scam, we look for a valid license. We see that OBR Invest is a legit broker that is licensed and regulated in Cyprus by the CySEC, with license number 217/13.

Primary government regulators of Forex brokers, are the government agencies; BaFin Germany, FCA United Kingdom and FSCA South Africa, see here. There are many reasons why investors should only trade with a licensed broker, and if you want to see what happens and scam brokers, just read the complaints page.

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Compare Brokers

Choosing which Forex broker to use is a difficult task when you must compare hundreds companies. Take a look at the most popular brokers listed here.

ForTrade is a very popular FX / Crypto CFD broker, that is regulated in Europe, the United Kingdom, and Australia, see here.

Try a Free Demo on their amazing trading platform, signup here.

 

Existing investors are asked to please share your experience in the comments, with other traders reading this review of OBRinvest.