ObtFX Review

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In this review we shall explicitly explain why you should not allow yourself to be scammed by OBTFX just like Air-blockchain.com.

Who is ObtFX?

ObtFX pupports to be a regulated broker you can trust, offering a variety of trading instruments, including forex pairs and CFDs on indices, crypto coins, stocks, precious metals, commodities and oil, with a choice of five account types, leverage as high as 1:200 and the MetaTrader4 platform.

ObtFX

This is an offshore broker with no legit forex license. It cannot be trusted as it is likely to collect people’s investments then disappear. Avoid non regulated brokers in this industry by all means.

St. Vincent and the Grenadines is an infamous offshore territory, home to may shady brokers because of its lax regulatory regime. As matter of fact the local Financial Services Authority (FSA) of  St. Vincent and the Grenadines simply does not pay attention to the forex industry, leaving the locally registered forex and CFD brokers completely free of any regulatory reuirements. This means that ObtFX does not have to follow any rules, and their operations are not subject to any supervision or control.

Is ObtFX legit or a scam.

This broker is definitely not legit since it is not regulated.

You can hardly make money with a unregulated, offshore broker like ObtFX  as it is highly questionable if you will be allowed to make a withdraw at all.

Have you been scammed by this broker? CLICK HERE to recover your money.

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