OBFX

OBFX (operating as obgfx.cc) is a forex brokerage registered in the United Kingdom. The company was founded on April 4, 2022, and lists its registered address as FLAT 43 PERKINS HOUSE WALLWOOD STREET LONDON, ENGLAND.

Based on public records, OBFX does not hold any recognised regulatory licences. The broker targets retail clients with two account tiers, though no specific trading instruments or platforms have been disclosed.

OBFX has no regulatory authorisation on file. The absence of oversight from a financial authority such as the FCA, CySEC, or ASIC is a significant consideration for traders.

Without a licence, clients have no recourse to a compensation scheme or independent dispute resolution. FXCanary’s internal risk assessment assigns OBFX a Scam Risk Score of 85/100 (Severe), reflecting the lack of regulatory protection.

OBFX offers two account types: a Platinum account with a minimum deposit of USD 500, and a Classic account requiring USD 200. Maximum leverage is not listed for either account.

The broker does not provide further details on spreads, commissions, or trading conditions. The information available is limited to minimum deposit amounts derived from registry records.

Due to the broker's unregulated status, client fund handling procedures are not disclosed. No information is available on whether client money is held in segregated accounts or covered by any insurance.

Traders should be aware that unregulated brokers may not follow standard safeguards. This adds an element of risk that cannot be easily mitigated through external verification.

OBFX presents as a very early-stage brokerage with minimal public information and no regulatory oversight. The limited data available suggests it operates a retail FX/CFD offering.

Prospective traders should exercise caution and conduct thorough due diligence. The high scam risk score indicates that significant risks are associated with this broker.