Abstract:OBrinvest is an online forex and CFDs broker, operated by OBR Investments Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF licence number 217/13.
Who is the OBrinvest?
OBrinvest is an online forex and CFDs broker, operated by OBR Investments Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF licence number 217/13. The financial instruments provided by this OBrinves broker includes currency pair, commodities, stocks, indices, Cryptocurrency.
Minimum Deposit & Leverage
There are four types of accounts on offer, namely the Basic Account (the minimum deposit of €250), the Gold Account (the minimum deposit of €25,000), the Platinum Account (the minimum deposit of €100,000), and the VIP account (the minimum deposit of €250,000). Since the high initial deposit requirements on OBRinves platform, investors should take it seriously.
Spreads & Commission
The spreads on OBRinves platform are floating, with the EURUSD as low as 3.2 pips, GBPUSD from 3.6 pips, EURUSD from 2.9 pips, Crude oil from $0.12. It seem that the general spreads on OBRinves platform are much higher than the industry standard (the average spread for EURUSD between 1.1 to 1.5 pips), and wide spread means high transaction fees.
Deposits & Withdrawals
Traders can deposit funds through credit/debit card, e-wallets and wire transfer. With regard to the withdrawal, there is no minimum limitation amout for withdrawls made to credit card, Skrill or Neteller. However, minimum limits apply for withdrawals made by wire transfer are ₣100, $120, €100, £80, ₽7,000.