OBRinvest is a new Cypriot licensed forex broker from Cyprus that opened in 2021.
Owned and operated by OBR Investments Limited, they are located at: 39 Kolonakiou, Frema Plaza, Ground Floor, Flat 2, Ayios Athanasios, CY-4103, Limassol, Cyprus. Contact phone number is: +35725060023, and the customer support email is: [email protected]. Official Website is at: https://www.OBRinvest.com/.
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OBRinvest Broker Reviews
Our review of this new broker called OBRinvest shows, that they offer Forex and Crypto CFD trading, on a unique trading platform. You will need to register with the broker in order to see their web-based trading platform. Professional forex traders will be happy to see that they also offer you the MT4 (Meta Trader 4) software, which can be used with an Expert Advisor addon.
You can will find listed for trading over 300 underlying assets in the categories of; Forex Pairs, Exotic Currencies, Crypto, Stocks, and Market Indexes. When trading contracts for difference, you are investing with leverage as high as 30:1 depending on the asset. The appeal of using margin is, that you can make large profits quickly, but at the same time the risk is much greater.
Many new investors begin their trading career with the brokers at OBRinvest, because of their free demo account and easy to use trading platform.
OBRinvest Trading Accounts
All brokers offer you a choice of account types, and at OBRinvest you have four options to choose from. The only one with a reasonable minimum deposit requirement is their Basic account at $250. The larger accounts offer tighter spreads, but for most people, the basic account works.
When you signup for a new account, you will be able to create a login password. You will also receive an email from them with separate login details for your MT4 trading account. Make sure you store them in a safe place so you don’t forget it.
Is OBRinvest Legit?
Yes, OBR Invest has a license from the Cyprus Securities and Exchange Commission. Their Cyprus Investment Firm license number is 217/13.
How do you verify that your broker is legitimate, and not another just another investing scam? You must check with your country’s financial regulatory agency, that the broker has a license. Day traders should only invest with a local broker, that is regulated by their country’s regulatory agency.
All online brokers, whether they are offering Crypto or Forex CFD’s, are required by law to have a license. If your broker is not licensed, then they are an illegal scam. Always confirm that your broker is 100% authorized by the financial regulator.
Algorithm Crypto Trading Apps
Many new investors get suckered into investing, because they read a fake news article about some algorithm trading app. Don’t be another loser, and read some reviews of these trading apps.
OBRinvest does not offer their clients copy trading or automated trading. Professional traders utilize an Expert Advisor plugin, to enhance their MT4 charting and analysis.