About the company:
OBR Investments Limited owns and operates OBRInvest, a regulated broker. In the year 2012, the firm was established. The Cyprus Securities and Exchange Commission regulates its services. Its 300 assets are now available for trade all around the world.
The company provides both a desktop and a web-based version of the popular MetaTrader 4 platform. The MT4 trading platform is one of the most popular on the market, and it can be downloaded immediately from the broker’s website. Alternatively, go to your client portal and choose “Trade” to go to the online platform.
The OBRInvest mobile web platform allows clients to trade on the go. Mobile trading gives you the most freedom, allowing you to check your positions and place orders whenever and anywhere you choose. The program, which is available for Android and iOS smartphones, has received favorable online feedback for its user-friendly layout and feature set.
The difference between the purchase (sell) and sell (buy) prices is known as the spread. The spreads aren’t among the most competitive we’ve seen. For example, the EUR/USD spread starts at 1.8 pips, which is much higher than the industry average of roughly 1 pip. The fees for those with a basic account will be significantly greater. Because these spreads can eat into profit margins, we recommend comparing spreads from various brokers to be sure you’re receiving a fair deal.
Leverage is a method for doubling the original financial spending to raise the prospective reward. Professional clients can get up to 1:400 leverage, while retail clients can get up to 1:30 leverage. When employing leverage, traders should be cautious since, although it might improve returns, it can also drastically raise losses.
Customers can make deposits with their credit cards, e-wallets, or bank transfers.
Withdrawing funds from credit cards or e-wallets has no minimum amount. The minimum limit for wire transactions is £80. Withdrawal costs vary based on the account type. Premium account users are entitled to three free withdrawals per month, while Platinum account holders are entitled to three free withdrawals per month. Each Gold account customer is entitled to one free withdrawal each month, whereas Basic account holders are limited to one. Requests for withdrawals are normally completed within 24 hours. It might take up to five days for the cash to show up in your account after processing.
A demo account with 100,000 virtual dollars is available from the firm. Customers are strongly encouraged to make use of this function. This is an excellent method to become acquainted with a new trading platform, test out tactics, and gain exposure to a variety of assets.
The website also provides access to a variety of supplementary resources, including:
- Trading Central provides market news, analysis, and insights.
- View tips and tactics to assist you in deciding on a future opportunity with Hint Ranks.
- Calculate trading fees before you establish trades with our cost calculator.
- Calculator for costs.
- Additional information on popular themes, including technical analysis, margins, leverage, and tactics, may also be found.
For retail customers, there are two accounts to choose from:
- Basic: A minimum deposit of 250 euros is required. EUR/USD has a floating spread of 3.2 pips, 3.6 pips for GBP/USD, and 3.5 pips for USD/JPY. One free withdrawal is available to clients.
- The minimum deposit for gold is 25,000 euros. Floating spreads for EUR/USD, GBP/USD, and USD/JPY start at 2.9 pips, 3.3 pips, and 3.2 pips, respectively. Each month, clients are allowed to make one free withdrawal.
Professional clients can choose between two accounts:
- Platinum: A deposit of 100,000 euros is required. Floating spreads for EUR/USD, GBP/USD, and USD/JPY start at 2.3 pips, 2.7 pips, and 2.6 pips, respectively. Clients are entitled to three free withdrawals each month.
- A minimum deposit of 250,000 euros is required. Floating spreads for EUR/USD, GBP/USD, and USD/JPY start at 1.8 pips, 2.2 pips, and 2.1 pips, respectively. There is no charge for withdrawals.
Trading hours vary depending on the market and the assets exchanged. Except on weekends, the forex market is open 24 hours a day, seven days a week, and spans many time zones. One of the reasons why the forex market is so appealing is that it is open 24 hours a day, seven days a week. Traders are recommended to trade during high-volume periods to acquire the best prices.
Cryptocurrency is available for trading 24 hours a day, seven days a week. Commodities, stocks, and indexes are examples of assets that trade Monday through Friday. The account portal contains information on specific sessions.