OBOFX Journal (Broker out of business)
| Journal status: closed OBOFX out of business |
OBOFX Profile
Website
obofx.com
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, Izrael, North Korea, SVG, US
Broker type
MM, STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
100 ms
LPs total
...
LPs quality
Tier-1 Banks
LPs names
not disclosed
OBOFX Accounts
STP
ECN
Minimum Deposit
10 $
100 $
Leverage
1000 : 1
2000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
2 pips
0.1 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
Unlimited
100 lots
Margin Call
100 %
100 %
Stop Out
10 %
10 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skril, Neteller, Sticpay, ApplePay, Swift, GooglePay, Perfect Money
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after ... months
| Update broker |
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
https://obofx.com/advantages-of-obofx/
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.
The OBOFX ECN model allows clients to trade on the global liquidity of world-class banks and qualified financial institutions.
https://obofx.com/what-is-ecn/
OBOFX doesn’t take positions against its clients at all.
https://obofx.com/ecn-vs-dealing-desk/
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.
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.
https://obofx.com/custom-agreement/
A Bank or Broker through whom the Company deals with could have interests contrary to your interests.
https://obofx.com/general-risk-disclosure/
Comments
Add new comment...
