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Obfx Global is an online trading company that claims to provide regulated forex and crypto trading services, among other assets. Moreover, the company has a terrible website that barely relevant information. In addition, any expert ought to consider several factors before investing in any platform. Hence as you read this impartial review on Obfx Global, we highlight the ambiguity it exposes. Nevertheless, it would help if you did not ignore any red flags you observe in any entity regarding trading. Relying on the wrong platforms will attract negative results.
Meanwhile, these forex trading companies apply tried-and-tested strategies. You can count on the approach for sensible returns, unlike Obfx Global. The company aims to provide forex and share investments with financial thinking. Accordingly, how the company operates is the primary concern, and they showcase murky traits. The market is not a walk in the park. Scammers guarantee returns that are improbable to attain even well-established entities.
Obfx Global appears to target innocent traders who have no clue how the market operates. Accordingly, no expert is likely to waste time or money in the company. Beginners require helpful education material such as webinars and video tutorials. Moreover, scammers present essential explanations that you can find on the internet for no extra cost. Trading without proper education and understanding of the niche is inadvisable.Â
Obgfx.cc guarantees traders tremendous investment results. Automatic investment is preferable to humans as it does not mix emotional interference with trading. Moreover, scam companies also guarantee state-of-the-art services. So when you sign up expecting pleasant results, you get vice versa. Also, it would help if you were cautious not to end up purchasing the wrong tools as it only attracts similar results.Â
Obfx Global does not elaborate on the kind of algorithm its software uses. Also, the market faces massive competition. So promising constant results are not entirely certain. While trading, you come across losses. Obfx Global does not feature stop loss or any relevant risk management measure. The investment world is highly volatile. Thus risk management measures help in curbing massive losses during sudden market shifts.
Obfx Global not only fails to reveal transparency in its operation. The company does not provide data on its founders and team of employees. Therefore you will end up relying on trade directions from people who do not know how the market operates. Scammers maintain high anonymity. Also, Obfx Global resembles multiple clone companies, which explains why the people’s data behind operations remains hidden.
Obgfx.cc does not present a suitable style of operation. The company is only after your money, and you will not receive any trading services. Also, investment firms with a similar likelihood of operation and mysteriousness barely generate any pleasant results. Obfx Global exposes multiple scam characteristics. So expecting preferential treatment from the entity is absurd.
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Obfx Global does not charge traders any commission and promises fast executions. Nevertheless, without a suitable strategy, the company’s promises do not add up. Obfx Global will find multiple ways to persuade you into making deposits in the company. They claim to have won awards for the best broker. Accordingly, the rewards are non-existent in the real market.
The investment firm may even lure traders via bonuses on the first deposit upto 100% or more. In addition, you are incapable of withdrawing the reward money even after meeting the tasks ahead. Therefore you should not fall for the attractive returns it promises. Obfx Global, just like every other fraudulent entity, will cut off communications with you upon receiving your money.
Obgfx.cc does not feature any data to prove trade activities. Consequently, the company may be attracting negative returns, which explains why similar data is missing. Moreover, trade history for three months or more helps determine the expected trade outcomes. Obfx Global guarantees news and market analysis data. Nevertheless, the same information comes from third parties who are mysterious and unreliable. Also, the software is not compatible with MetaTrader, which is suitable for investment purposes. So relying on the web trader available may expose you to third-party attacks.
Obfx Global does not guarantee any security of funds. Furthermore, the safety of your money is a top priority to consider on any platform. The investment firm exposes numerous red flags to serve as a warning.
So it would be best if you stuck to the demo account until further updates on transparency and reliability. Also, you cannot access the demo account without signing up. However, during registration, the company requires personal data. Thus Obfx Global not only puts your money at risk. Personal data may fall into the wrong hands leading to criminal activities.
Obfx Global does not provide any data to showcase successful transactions made by its customers. In addition, the only likely beneficiaries are the mysterious people behind its operation. So they may result in keeping your money in personal accounts as you wait for mysterious profits. Consequently, there is no bank data to confirm your money is in safe hands. Furthermore, Obfx Global entails multiple negative reviews, and your money is not safe.
Obfx Global allows you to make payments via Visa, Skrill and PayPal, among other options. Nevertheless, wire transfer transactions are irreversible. So it would help if you considered using the Credit/Debit option for chargeback up to 540 days. The minimum trade amount is $200, which is costly considering the red flags.
Obfx Global does not show any evidence of successful withdrawal made by its customers. Also, you will have a hard time trying to withdraw money from the company. Scammers find ways to hold your money for long. Eventually, they end up disappearing with your cash.
Obfx Global does not provide any customer support information. Thus reaching the company once they have your money is impossible. The company has an email address, and there is no certainty you will receive a reply after making deposits.Â
Working customer support helps in building more trust between you and the company. Additionally, it is impossible to provide a friendly trading interface without proper customer relations. Also, you should receive an instant reply to your query, if not fast.
Obfx Global does not appear under the radar of any legit regulator. Accordingly, the company claims to be regulated by the UK Financial Conduct Authority. However, during fact-checking, the same data is false. FCA is not responsible, nor does it authorise trading with the broker.
Accordingly, these regulated forex companies showcase a high level of transparency. You can easily find and verify the regulation data available with the responsible watchdogs. Obfx Global does not provide information on its founder and employees because they risk facing criminal prosecutions. Consequently, the company is not capable of affording regulation fees. As a result, it may face bankruptcy quickly.
Obfx Global does not appear under the radar of any legit regulator. Yet the company claims to be fully regulated. Scammers can quickly go against any trading deadline since they’re not bound to any measures. Therefore you should do thorough research and read reviews from reliable sources before investing.
Nevertheless, these reliable forex companies showcase a high level of transparency. You are sure to receive a pleasant trading experience and environment. Also, it would help if you avoided obgfx.cc and caution friends and family instead of inviting them over for affiliate commission.
No, the company does not have a license.
Unfortunately, the entity does not have enough funds to hire a professional team.
No, the broker is exposing traders to risk.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
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