OBRinvest
Pros and Cons
Pros
- Regulated by Cyprus Securities and Exchange Commission (CySEC)
- Diverse range of trading instruments including Forex, CFDs, and cryptocurrencies
- Trading platforms: MetaTrader 4 and proprietary WebTrader
- 24/5 multilingual customer support
- Client funds maintained in segregated accounts for enhanced security
Cons
- High withdrawal fees for basic accounts
- Inactivity fees of €80 after one month
- Limited account types may alienate smaller traders
- Not available to US, UK, or Belgian clients
- Mixed reviews regarding customer service responsiveness
Basic Information
User Reviews
OBRinvest Overview
OBRinvest, established approximately a decade ago, is a prominent broker based in Cyprus, operating under the full name OBR Investments Limited. The broker is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), holding license number 217/13. This regulatory oversight ensures that OBRinvest adheres to stringent compliance standards, providing a secure trading environment for its clients. With significant experience in the industry, OBRinvest has developed a reputation for reliability and transparency in its operations, making it a trustworthy choice for traders looking for a regulated broker in the European market.
As a broker, OBRinvest offers a diverse range of trading instruments, primarily focusing on forex trading, alongside contracts for difference (CFDs) and cryptocurrencies. Traders can access the well-respected MetaTrader 4 platform, which provides robust features for effective trading, including advanced charting tools and mobile accessibility. The broker prides itself on delivering responsive customer support, available 24/5 in multiple languages, ensuring that traders receive assistance whenever needed. OBRinvest distinguishes itself through its commitment to client security, maintaining clients’ funds in segregated accounts, and providing a straightforward trading experience that caters to both novice and experienced traders.
Is OBRinvest Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Segregated Funds |
Is OBRinvest Regulated and How Are Client Funds Protected?
OBRinvest, operating under OBR Investments Limited, is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 217/13. This regulation ensures that OBRinvest complies with strict industry standards, providing a secure trading environment for its clients. In terms of fund protection, OBRinvest maintains clients’ funds in segregated accounts with reputable investment-grade banks, which helps safeguard client money from operational risks associated with the broker. This commitment to client security enhances the broker’s legitimacy and reliability, making it a trusted option for traders in the European market.
Trading Products and Services
What trading instruments does OBRinvest offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | 45+ |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Many |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Many |
| Stocks | US (e.g., Apple, Tesla), UK (e.g., BP, Vodafone) | Many |
| Cryptocurrencies | BTC, ETH, XRP, LTC | Many |
OBRinvest provides a diverse selection of trading instruments across various asset categories including Forex, commodities, indices, stocks, and cryptocurrencies. This wide range allows traders of all experience levels to engage in the markets effectively. For beginners, the availability of popular assets enables easy entry into trading, while experienced traders can explore more complex strategies with diverse instruments for portfolio diversification. This flexibility supports various trading styles and caters to the needs of both short-term and long-term investors, enhancing overall trading strategies and market engagement.
Account Types and Trading Conditions
What Account Types and Fees Does OBRinvest Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners | Access to low spreads and standard leverage | Minimum deposit of €250 |
| Professional Account | Experienced traders | Higher leverage up to 1:400 | Requires proof of trading experience |
| Corporate Account | Corporate clients | Customized services and support | Requires corporate documentation |
| Islamic Account | Traders requiring swap-free conditions | Compliance with Sharia law | Available for eligible clients |
| Demo Account | All traders | Practice trading without risk | Unlimited access for practice |
Account Opening Process
To open an account with OBRinvest, users must follow a straightforward process. First, they need to provide personal information, such as name, email, and phone number. Next, applicants are required to submit employment and financial information as part of the verification process. This includes uploading identification documents and proof of address to ensure compliance with regulatory standards. Once the identity is verified, traders can fund their accounts with the minimum deposit to activate trading. OBRinvest also offers flexibility, allowing users to upgrade to a professional account as their trading experience and volume increase.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Variable | $0 | Low spreads available for major pairs |
| Forex (Minor Pairs) | Variable | $0 | Competitive spreads for less common pairs |
| CFDs (Stocks) | Variable | $0 | Depends on the specific asset |
| CFDs (Indices) | Variable | $0 | Multiple indices available for trading |
| CFDs (Commodities) | Variable | $0 | Includes popular commodities |
| Cryptocurrencies | Variable | $0 | Available for major cryptocurrencies |
Other Fees
OBRinvest also has various other fees that traders should be aware of. These can include deposit and withdrawal fees, though some withdrawals may be free. Inactivity fees may apply if the account remains dormant for an extended period. There could also be platform usage fees depending on the services accessed. Additionally, overnight interest (swap rates) may be applicable for positions held overnight, and currency conversion fees may apply when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does OBRinvest Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4 (MT4) | Windows, macOS, iOS, Android | Two-factor authentication, multiple order types, push notifications, technical indicators | Demo account, auto trading with Expert Advisors |
| WebTrader | Desktop (any modern browser) | Login security via SSL, symbol lookup, price alerts | No additional services specified |
| Mobile App | iOS, Android | Biometric login options, market search, real-time alerts | Demo account available |
OBRinvest offers a range of trading platforms tailored to different trading needs. MetaTrader 4 (MT4) is a robust platform suitable for both novice and experienced traders, featuring advanced tools for market analysis and automated trading. The WebTrader platform provides a user-friendly interface accessible from desktop browsers, ensuring secure logins and effective market search capabilities. The mobile app enables convenient trading on the go, supporting real-time alerts and fast order execution. Overall, OBRinvest’s platforms emphasize security and accessibility, allowing traders to engage efficiently with the markets.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Credit/Debit Cards | Instant | No platform fee | Min €250, Max €10,000/day | EUR, USD |
| Bank Transfer | 3–5 days | No platform fee | Min €250, Max €20,000/day | EUR |
| E-wallets (e.g., Skrill, Neteller) | Instant | 1.5% charge | Min €250, Max €5,000/day | EUR, USD |
| Cryptocurrencies | Instant | No platform fee | Min €250, Max €10,000/day | EUR, USD |
Minimum Deposit
OBRinvest requires a minimum deposit of €250 to open a retail account. This amount is consistent across various payment methods available to clients, ensuring a straightforward entry point for traders.
How to Withdraw
To withdraw funds from your OBRinvest account, follow these steps: 1. Log in to your OBRinvest account. 2. Navigate to the ‘Withdrawal’ section of your account dashboard. 3. Select your preferred withdrawal method. 4. Enter the amount you wish to withdraw, adhering to the limits specified. 5. Confirm your details and submit the withdrawal request. 6. Await confirmation and processing of your request, which may take 3–5 days for bank transfers.
Customer Support
OBRinvest Customer Support Overview
Support Channels
OBRinvest provides various contact methods for customer support, ensuring traders can receive help when needed. Traders can reach out via:
- Email: Clients can send inquiries to info@obrinvest.com for assistance.
- Live Chat: Available on the OBRinvest website for real-time support.
- Telephone: Customers can contact support at +357 25763605 for immediate assistance.
- Social Media: OBRinvest maintains a presence on various social media platforms for additional support and updates.
Service Availability
Customer support is available 24/5, allowing traders to get assistance during the trading week. OBRinvest offers multilingual support, ensuring clients from various backgrounds can receive help in their preferred language.
Additional Resources
In addition to direct support, OBRinvest provides valuable educational resources to enhance trading knowledge. This includes video tutorials, webinars, and market analysis, designed to assist traders in making informed decisions and improving their trading skills.
Frequently Asked Questions
Yes, OBRinvest is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 217/13. Client funds are protected through segregation, meaning they are maintained in separate accounts with reputable investment-grade banks to safeguard them from operational risks associated with the broker.
OBRinvest offers a diverse range of trading instruments including Forex pairs (e.g., EUR/USD, GBP/JPY), commodities (such as gold and crude oil), indices (like S&P 500 and NASDAQ), stocks from major markets (including US and UK companies), and cryptocurrencies (e.g., BTC and ETH). This variety allows traders to engage in multiple market strategies.
OBRinvest provides several trading platforms, including the widely-used MetaTrader 4 (MT4), which supports advanced trading features, and a proprietary WebTrader accessible via any modern browser. Additionally, there is a mobile app for trading on the go, all designed to enhance user experience with secure and efficient trading capabilities.
OBRinvest offers multiple channels for customer support, including email at info@obrinvest.com, live chat available on their website for real-time assistance, and telephone support at +357 25763605. Their customer support is available 24/5 and is multilingual, ensuring that clients can communicate in their preferred language.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.