Abstract:OBrinvest is an online forex and CFDs broker, operated by OBR Investments Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF licence number 217/13.
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Minimum Deposit | €250 |
Maximum Leverage | 1:400 |
Minimum Spreads | From 1.6 pips on the EUR/USD pair |
Trading Platform | MT4 trading platform |
Demo Account | Available |
Trading Assets | Currency Pair, Commodities, Stocks, Indices, Cryptocurrency. |
Payment Methods | Credit/debit card, e-wallets and wire transfer, Skrill or Neteller |
Customer Support | Email & Phone Support |
General Information & Regulation
OBrinvest is an online forex and CFDs broker, owned and operated by OBR Investments Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF licence number 217/13. OBR Investments Limited is located at 12 Archiepiskopou Makariou Avenue III, Office No. 201, ZAVOS KRISTELLINA TOWER, 4000, Mesa Geitonia, Limassol, Cyprus. OBrinvest offers over 300 financial instruments, including currency pairs, commodities, stocks and indices, etc.
Market Instruments
Tradable financial instruments provided by this OBrinves broker includes currency pair, commodities, stocks, indices, Cryptocurrency.
Minimum Deposit
There are four types of accounts on offer, namely the Basic Account (the minimum deposit of €250), the Gold Account (the minimum deposit of €25,000), the Platinum Account (the minimum deposit of €100,000), and the VIP account (the minimum deposit of €250,000). Since the high initial deposit requirements on OBRinves platform, investors should take it seriously.
Demo Accounts Available
Demo account offers a demo account profile to all clients. Demo accounts are credited with 100,000 in virtual funds. Demo accounts are a great way to explore a new trading platform, trial strategies and explore the range of assets on offer.
Leverage
The maximum trading leverage available on OBRinvest is up to 1:30, while the professional traders can apply the higher leverage of up to 1:400 after the status is confirmed.
Spreads & Commission
The spreads on OBRinves platform are floating, with the EURUSD as low as 3.2 pips, GBPUSD from 3.6 pips, EURUSD from 2.9 pips, Crude oil from $0.12. It seem that the general spreads on OBRinves platform are much higher than the industry standard (the average spread for EURUSD between 1.1 to 1.5 pips), and wide spread means high transaction fees.
Trading Platform
OBrinvest offer traders the MT4 trading platform. MT4 is among the most widely used trading platform, offering traders three separate chart types, over fifty technical indicators, and traders can personally customize it. The feature of OBrinvest MT4 include contains market prices analysis, automated trading tools, trend lines monitoring.
Deposits & Withdrawals
Traders can deposit funds through credit/debit card, e-wallets and wire transfer. With regard to the withdrawal, there is no minimum limitation amout for withdrawls made to credit card, Skrill or Neteller. However, minimum limits apply for withdrawals made by wire transfer are ₣100, $120, €100, £80, ₽7,000.
Customer Support
Customer support can be accessed via the OBR Invest website, which is available in seven languages including English and Spanish. You can make contact by either: Phone – +3572526 2740 or email – info@obrinvest.com. There is also a live chat function hosted on the brokers website.
Trading Hours
Trading hours vary according to the market and asset traded. The forex market is open 24 hours a day except for weekends, spanning several time zones. Cryptocurrencies can be traded 24 hours, 7 days a week. Assets such as commodities, stocks and indices vary but are typically traded Monday-Friday. Information regarding specific sessions can be found via the account portal.
Pros & Cons
Pros | Cons |
CYSEC-regulated | Withdrawal fees applied for basic account holders |
Four types of accounts to choose from | Inactivity fees are charged at a rate of €80 per month |
Wide range of trading instruments | Clients from some countries not accepted |
Low minimum deposit requirements | Limited additional tools or features |
Multiple language suppport | |
MT4 trading platform supported |
Frequently Asked Questions
What is the minimum deposit to trade with OBRINVEST?
$250 or equivalent is the minimum deposit required to open an OBRInvest standard account.
Does OBRInvest offer a demo account ?
Yes, clients have the opportunity to get to grips with the broker's services before opening a live acount.
Which CFDs are available with OBRinvest?
OBRinvest offers forex, cryptocurrecies, stocks, indices, and commodities. There are more than 300 CFD trading instruments available.
What types of trading account can be opened with the OBRInvest platform?
There are four types of trading accounts available: Basic, Gold, Platinum, and VIP.
How many financial instruments does OBRInvest have on offer?
OBRinvest provides over 300 trading instruments, including forex, commodities, stocks and indices, cryptocurrencies.