- CySEC, CIF Licences
- Trade Now!
OBRinvest Review: A trustworthy broker
- Max Leverage:1:400
- Spread:Starting from 0 pips
- Forex Licence:CySEC, CIF
A brief introduction to OBRInvest
Obervinest is a Cyprus-based brokerage firm that has many qualifications and advantages that show the many aspects of the company.
With OBRinvest, you can trade on more than 300 different financial CFD instruments, including forex, stocks, indices, commodities, ETFs, and cryptocurrencies, from its own feature, which red portrayed a platform that we’ll be looking at a little bit later on, as well as the globally recognized MetaTrader 4 platform, and you can do all of this through four different account types: basic account, gold account, platinum account, and platinum account.
Fees and commissions
You may be charged fees as a result of the Trade Platform being made available to you for trading on a continuous basis, regardless of your actual use. If there have been no transactions (deposits, withdrawals, or trading activity) on your Trading Account for at least one month, your Trading Account is considered “inactive,” and the Company reserves the right to charge a monthly inactivity fee in exchange for the continued availability of your Trading Account. You concur.
that you are responsible for and will pay the applicable fee as it is informed to you from time to time, and that we reserve the right to change the fee at any time.The firm will deduct the charge from any funds they hold on your behalf.
This Forex Broker is regulated by a number of reputable organizations.The Cyprus Securities and Exchange Commission is the regulatory body that has approved and controlled the goods and services of OBRinvest forex broker. The Cyprus Investment Firm is also in charge of overseeing the broker. The CIF license number for OBRinvest is 217/13.
Additionally, the site uses the latest SSL encryption for the functionality and safety of the usage of the site. Also, there is a two-factor authentication process on the site that gives traders much-needed security as the data of the consumer is safeguarded by multiple sources of security.
Overall, this forex broker is CySEC and CIF licensed. OBRinvest is a Cyprus-based firm with two domestic but no foreign licenses. The company’s ability to provide services to the bulk of Europe
Opening an account
Opening an account on the site is very easy and simple. The account opening process at OBRinvest is simple and painless. It took me less than 20 seconds to complete the online application, which only required my name, e-mail address, and phone number. OBRinvest requires account verification as a CySEC-regulated broker. By uploading an ID and proof-of-residency document from within the web-based trading platform, new traders can comply.
It’s super easy to open an account at OBRinvest’s website. With a few simple steps, it’s just a matter of minutes.
- Visit the broker’s website and go over the various account kinds available.
- Fill out the application form.
- You will be given a username and password after completing the application, which will provide you access to your account.
- Log in to the customer portal of the brokerage.
You may search for your asset class here if you need to, and you can click on the chart to do a variety of things. You can click the button at the top to see your asset information, such as your swap long and short values, and then you can click the plus icon to change other titles.
Consumers can choose from four different account kinds on the site. Professional and retail clientele each have their own accounts. This means that the trading features of each account type have some limitations for each type of client.
Basic, Gold, Platinum, and VIP accounts are all available on the site. The disparities across accounts are immediately apparent, as the minimum deposit requirements and spreads are vastly different.
Each account has relatively few, if any, unique characteristics. The only benefit is that each account receives a free withdrawal once a month. Basic accounts are entitled to one free withdrawal, gold accounts to two, and premium accounts to three; the VIP account is exempt from withdrawal fees. When one considers the minimum depositing criteria for each account, this is almost comical.
Invest Markets offers two trading platforms to their customers: MetaTrader4 and WebTrader. However, it appears that they are only pushing MT4 and that they do not offer OBRinvest WebTrader. It’s mentioned briefly in their FAQ section of the site under platform-related questions. They sell a custom-based software that looks like Webtrader but is most likely an automated trading tool on their website.
Markets and products
CFDs are accessible on cryptocurrencies, equities, commodities, and currency pairs, among other asset classes. However, on their CFD area of the site, they simply provide more information about cryptocurrencies and Forex trading. OBRinvest’s views are broad and unclear. Hundreds of fundamental assets, including major currency pairs, minor currencies, cryptocurrencies, stocks, and market indexes, are available for trading. When you trade CFDs as a professional client, you can get up to 1:400 leverage on your investments. If you use the site as a retail customer, your maximum leverage will be up to 1:30.
The difference between the bid and ask price is known as the spread. The difference is expressed in pips and represents the cost of opening a position, which varies by instrument. By logging into your account with the Company and using the Trading Platform, you will be able to determine the value of a pip across all of our instruments.
As previously stated, the amount of leverage a client can employ varies depending on whether they are a retail or professional client. This is quite clear and in accordance with the requirements of the organizations that oversee the OBRinvest Forex broker’s activities and goods.
Professional clients can use any account provided on the site, with a maximum leverage ratio of 1:400. The same cannot be said for retail customers, who can only employ a leverage ratio of up to 1:30, which is quite limited in many scenarios and situations.
Education and Training
To obtain a better understanding of the subject of Forex trading, a range of mediums are available. For a better trading experience, you can use e-books, courses, tutorials, trade signals, economic and reporting calendars, news updates, and many other tools. Everyone has easy access to everything.
The company is investing extensively in educational incentives, which is why there are no promotions. They would rather put money towards educational incentives. Which can be helpful to both traders and investors in the long run. The information on the website can help you comprehend the fundamental principles and terminologies of Forex trading.
24/7 Customer support
Another distinguishing element of the Brokerage is its unique customer service strategy. The support staff is quite diverse and knowledgeable. They are available to assist you in any of the eleven languages in which the brokerage provides services.
Another reason for the firm’s high reputation among traders is this. On all of their platforms, the support crew is available 24 hours a day, 7 days a week to assist you with any issue. can be contacted in a variety of ways and in many languages.
One can use the helpful Live Chat option, which also serves as a FAQ, where one can discover answers to the most often asked questions.
Writing a lovely email is a classic and highly powerful method to get your message across to anyone. It’s a little old-fashioned, but it’s a classic and very successful way to get your idea across to anyone. You will receive a response from the support team within one business day.
If you prefer to keep things personal and prefer to talk, call the customer service hotline.
With just a few clicks, you may access the FX brokerage management. Here’s a step-by-step guide on how to do it.
- Go to the site’s “Contact Us” area.
- Then select “Contact Management” from the drop-down menu.
- Fill up the blanks with whatever is on your mind.
OBRinvest is a forex broker situated in Cyprus with a few drawbacks and a few distinctive advantages. Despite the fact that it looks to be a regulated company, we’ll be looking into its legitimacy as part of our OBRinvest investigation. However, it looks that they are only promoting MT4 and not offering OBRinvest WebTrader. It’s barely noted in their FAQ section under platform-related questions. The broker has its advantages and disadvantages which we are going to be discussing.
- The amount of capital required is modest.
- The term “ease of entry” refers to how simple it is to get onto a website.
- The Process of Setting Prices Is Difficult
- High Intensity
- Monthly fees for inactivity and withdrawal costs are assessed.
- Only services within the European Economic Area are available.
Safety Is guaranteed at this brokerage firm, We will be discussing the pros and cons regarding this subject matter.
- Process of two-factor authentication
- monetary safety net
- The most recent SSL encryption
- You have access to a large network of no-fee ATMs.
- Financial advisors may charge a fee for planning services.
- There are no loans or mortgages available.
Customer support is an important aspect of any business or firm. Brokers are no different in this regard and have both qualities that are great and not so great.
- Multilingual Support
- They work 24 hours a day, 7 days a week
- It is now much easier to assess a customer’s emotions.
- This method makes it easier and faster to present a difficult subject.
- Some clients prefer to communicate with you directly.
- Reading and writing emails takes longer than making a phone call.
- Complex issues will necessitate multiple emails to handle, lengthening the time spent on a single customer.
|Languages||English, Italian, Spanish, French, Portuguese, German, Swedish.|
|Deposit Methods||Credit/ Debit Card, Neteller, Bank Wire Transfer, Skrill, and more|
Disclaimer: Some information listed in the review may differ depending on the entity the trader is registered under.