OBFX Review : Fees, Pros and Cons, Reviews by Real Traders

OBFX

Operating status: SCAM

Website: https://obgfx.net/

Broker violations and abnormal records

Aug 15, 2022 The UK FCA Added OBFX into Its Warnings
On 16 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that OBFX is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/obgfx

On 16 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that OBFX is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/obgfx
Aug 16, 2022 BrokersView has Reviewed that OBFX is an Unregulated Forex Broker
OBFX claims that it won muliple awards in 2020, However, by checking its domain, we found the domain (https://obgfx.net/) was created in 2021. How could it win awards in 2020? It is a red flag.
OBFX also claims to be located in the UK. So we searched the United Kingdom Financial Conduct Authority (UK FCA) but found a warning.
UK FCA issued a warning that OBFX is providing financial services or products in the UK without authorisation.
The truth is that OBFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

OBFX claims that it won muliple awards in 2020, However, by checking its domain, we found the domain (https://obgfx.net/) was created in 2021. How could it win awards in 2020? It is a red flag. OBFX also claims to be located in the UK. So we searched the United Kingdom Financial Conduct Authority (UK FCA) but found a warning.UK FCA issued a warning that OBFX is providing financial services or products in the UK without authorisation. The truth is that OBFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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