Review OBRinvest
https://obrinvest.com/ Headquarters in Cyprus Open Demo Account Open Live Account BEGIN item ContentsPros and ConsRegulationAccount TypesTrading PlatformsAssetsEducationCustomer ServiceConclusion
OBRinvest is an online forex and other CFD broker based in Cyprus. The brand is wholly owned and operated by OBR Investments Limited and is regulated by the Cyprus Securities and Exchange Commission. They give traders the ability to trade on more than 300 different CFD assets, including a broad selection of forex pairs, commodities, stocks, and cryptocurrencies. Traders get access to these through the MetaTrader 4 platform, or through the use of a web-based proprietary trading platform.
Clients can also choose from four account tiers, with the Basic account requiring a small $250 minimum deposit. Each higher tier avails clients of lower spreads and better trading conditions. And while the broker does not charge any deposit fees, they do have withdrawal fees for some clients, depending on the account tier they are in.
One of the strengths of the broker is its educational and research offerings, which come from Trading Central. This provides OBRinvest clients with market analysis, technical analysis, trading alerts, and more.
This review will go into greater depth to examine the strengths and weaknesses of the broker and will help uncover whether or not potential clients will find them suitable for their own needs.
OBRinvest Pros and Cons
Pros
Variety of Account TypesMetaTrader 4 available
Cons
Only available to residents of the EEA (excluding Belgium) and SwitzerlandWithdrawal fees depending on the method
Broker Regulation
OBRinvest is located in Cyprus and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 217/13. This means that the broker needs to follow all the relevant regulations of CySEC, many of which are directed towards client protections. These regulations include negative balance protection on accounts, predefined stop out levels, maximum allowed leverage, and segregation of client funds.
OBRinvest also participates in the Investor Compensation Fund, which is another strong protection for clients in the event something causes the broker to become insolvent. The total payable compensation to each covered Client may not exceed 90% of the cumulative covered claims of the covered investor, or the amount of 20,000EUR, whichever is the lowest. More information on this can be found at the Company’s website.
Account types
OBRinvest provides four different tiers of accounts: Basic, Gold, Platinum, and VIP. These account tiers require increasingly larger minimum deposits, but also give traders better spreads as the tiers increase.
Here are the account tiers at OBRinvest and their features:
Basic
Minimum Deposit – €250Floating spreads as low as 3.0 pips (EUR/USD)1 Free WithdrawalTrading Central included (Market Buzz, Analyst Views, Featured Ideas, Economic Insight, Daily Market Analysis and Web TV)
Gold
Minimum Deposit – €25,000Floating spreads as low as 2.7 pips (EUR/USD)1 Free Monthly WithdrawalTrading Central included (Market Buzz, Analyst Views, Featured Ideas, Economic Insight, Daily Market Analysis and Web TV)
Platinum
Minimum Deposit – €100,000Floating spreads as low as 2.1 pips (EUR/USD)3 Free Monthly WithdrawalsTrading Central included (Market Buzz, Analyst Views, Featured Ideas, Economic Insight, Daily Market Analysis and Web TV)
VIP
Minimum Deposit – €250,000Floating spreads as low as 1.6 pips (EUR/USD)Unlimited Free WithdrawalsTrading Central included (Market Buzz, Analyst Views, Featured Ideas, Economic Insight, Daily Market Analysis and Web TV)
Clients can also take advantage of a demo account to test the platform.
Trading Platforms
OBRinvest gives clients two options for their trading platform. The first is the well-known MetaTrader 4 platform, used by more than 10 million traders worldwide. The other is a web-based proprietary platform that is accessed directly from the broker website. It is also a powerful tool for accessing the markets.
MetaTrader 4 (MT4)
MetaTrader 4 is the world-class trading platform, winning numerous awards over the years. Even though it has been upgraded, many traders still prefer the MT4 trading experience, which includes fast and stable market access and solid chart analysis tools. In addition to those features MetaTrader 4 also offers the following:
Reliable data protectionAll types of trading orders and MetaTrader 4 execution modesOne Click Trading30 indicators and 24 graphical objects for technical analysis9 time-frames, from one minute to one monthReal-time quotes in Market Watch
Web Based Proprietary Platform
The web-based platform is an easy way to access the markets since it requires no download. It is accessed directly from the OBRinvest website by clicking Trade. It has the following features:
No download neededMultiple asset classesTechnical charts and a variety of indicatorsCan use on PC, Mac or any iOS & Android mobile device
Available Assets
OBRinvest has a strong portfolio of more than 300 different CFD assets available across 5 different asset classes. The cryptocurrency, forex, and commodity offerings are particularly strong. The broker also offers CFDs on many of the world’s largest and most popular shares, as well as a large number of index offerings.
42 indices, including major equity indices, leveraged gold and oil indices, the VIX, and more.Dozens of the most popular global stocks21 Commodities including precious metals, cotton, coffee, and moreOver 45 crypto pairsMore than 50 forex pairs, including major, minors, and some exotics
Education and Research
OBRinvest is providing access to Trading Central for all active clients. This means clients have some of the top research and education available for the financial markets. Trading Central is an award-winning fusion of automated AI analytics and senior analyst expertise spans fundamental, technical, news, sentiment and economic analysis. Trading Central tools include all the following:
Fundamental and Technical NewsDaily Market Outlook Newsletter24 hr Multi-asset coverage of global marketsIntuitive Research ToolsActionable Newsroom Information and Trend AnalysisSupport in 32 LanguagesWeb TVExclusive Trading Central Plugin for MT4 and MT5
Customer Service
OBRinvest has a multilingual customer support team (English, Spanish, German, Dutch, Italian, Portuguese, Swedish, Greek) that’s available from 24/5, Monday to Friday through live chat, email and telephone.
Email: info@obrinvest.com
Telephone: +357 2 526 2740
In Conclusion
OBRinvest has a good history, a solid reputation, and is regulated by the Cyprus Securities and Exchange Commission. OBRinvest aims to provide its clients with safety, reliability, transparency, and protections. This alone helps to recommend the broker, but it does not end there.
There is great education and research from Trading Central, as well as access to one of the top-rated trading platforms – MetaTrader 4. And if that is not enough, the broker also gives trading access to a broad variety of the assets that traders want.
We were a bit put off by the withdrawal fees charged for some accounts, but admittedly it is possible to bypass those fees by moving up to the VIP level account and managing withdrawals within the broker’s constraints.
Taken all together it seems clear that OBRinvest is a trustworthy broker, with plenty to offer traders of all experience levels and trading types. If you are looking for a pleasing CFD broker, why not give them a try?
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