OBOFX Journal

Journal status: live
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OBOFX Profile
Website
Year
2010
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, Japan, US
Broker type
MM, STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
Tier-1 Banks
LPs names
...

OBOFX Accounts
STP
ECN
Minimum Deposit
1000 $
25000 $
Leverage
400 : 1
200 : 1
Minimum Lot
0.01 lots
...
EURUSD spread
2 pips
0 pips
Commission
0 $/lotRT
...
Volume
...
...
Margin Call
100 %
100 %
Stop Out
...
...
Execution
Instant
Market
Spread
fixed
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, WebMoney, CASHU, FasaPay, Ukash, Skrill, Neteller
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after ... months
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Is OBOFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: ...

Is OBOFX trusted?

  • Information transparency: limited ★★
  • Customer service: virtually non-existent
  • OBOFX website: semi-detailed, updated ★★★
  • OBOFX popularity (by visitor count): low visits ★★

How OBOFX works



EAs Allowed, Scalping And Hedging Allowed
Only Top Tier International Banks Provide Liquidity


OBOFX does not provide a “last look” to price makers, so OBOFX trades are final and confirmed as soon as they are dealt. There is no dealing desk to intervene, so there are no re-quotes.
The OBOFX ECN model allows clients to trade on the global liquidity of world-class banks and qualified financial institutions.


OBOFX doesn’t take positions against its clients at all.


SCALPING RULES (REVISED 2014)
Scalping technique less than Five minutes is prohibited, all posts are require to be held at least five minutes or longer. Penalty may cause profits and rebates to be forfeited.


A Bank or Broker through whom the Company deals with could have interests contrary to your interests.



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