Company Profile
Company Profile
Review summary
| Obo fx Pro Review Summary | |
| Founded | 2024-08-19 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Stocks, Cryptocurrencies, Stock Indices, and Bonds |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips (EUR/USD) |
| Trading Platform | MT5 (Windows、iOS、and Android) |
| Min Deposit | $100 (the actual minimum for Classic/Standard accounts is $10) |
| Customer Support | Email: support@obofxpro.com |
| Phone: +44 7521014718 | |
| Corporate Office # 715, 7th Floor, Park Lane Tower, Business Bay, Dubai - UAE | |
Obo fx Pro Information
Obo fx Pro is a trading brand of Obo fx Ltd, belonging to the Obo fx Group. It specializes in providing trading services for financial derivatives such as foreign exchange, stocks, and commodities to global retail and institutional clients. Supporting the MT5 platforms, it highlights low spreads, high leverage, and social trading features. Obo fx Pro is suitable for traders seeking low spreads and high leverage, especially those engaged in high-frequency trading and social trading.
Pros and Cons
| Pros | Cons |
| Spreads as low as 0.0 pips | Unregulated |
| Zero commission accounts | $10,000 minimum deposit (for PRO account) |
| Leverage up to 1:500 (for forex) | Higher cryptocurrency spreads (24.9 pips for BTCUSD) |
| Copy Trading | |
| Islamic account |
Is Obo fx Pro Legit?
It should be noted that Obo fx Pro is unregulated, despite its claim of being supervised by the Seychelles FSA (with its regulatory number undisclosed). Traders are advised to prioritize regulated brokers for their investments.
What Can I Trade on Obo fx Pro?
The platform covers 7 major asset classes and over 180 trading instruments, including 60+ currency pairs, 15+ stock indices, commodities, cryptocurrencies, bonds, and stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Stock Indices | ✔ |
| Bonds | ✔ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type
| Account Type | CLASSIC | Standard | ECN | PRO |
| Minimum Deposit | $10 | $10 | $300 | $10000 |
| Spreads From | 1.8 pips | 2.8 pips | 0.2 pips | 0.01 |
| Max Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
| Min Lots | 0.01 | 0.01 | 1:300 | $5/Lot |
| Commissions | 0 | 0 | $7/Lot | 2 per side per 100,000 traded |
| All Strategies Allowed | ✔ | ✔ | ✔ | ✔ |
| Swap-free Islamic Account Option | ✔ | ✔ | ✔ | ✔ |
Obo fx Pro Fees
Obo fx Pro offers spreads as low as 0.0 pips for major forex pairs (e.g., AUDUSD), while cryptocurrencies have higher spreads (e.g., 24.9 pips for BTCUSD). In terms of commissions, the ECN account charges $7 per lot, and the PRO account levies a 0.002% fee (one-way) based on the transaction volume. Swap fees are applied for overnight positions, with triple charges on Wednesdays (e.g., a long XAUUSD position incurs a swap fee of -$32.62 per lot).
Leverage
| Asset Class | Leverage Range | Example/Note |
| Foreign Exchange | 1:1 – 1:500 | Margin of 0.2% for most currency pairs |
| Stock Indices | 1:1 – 1:100 | For example, DE40 with a margin of 1% |
| Cryptocurrencies | 1:200 | for major coins (BTCUSD) |
| 1:20 | for altcoins altcoin (9ADAUSD) |
Trading Platform
Obo fx Pro conducts trades through the popular MT5 platform, which supports multiple devices (Windows, iOS, Android), making it suitable for technical analysis-oriented traders. It also allows direct trading via a web-based platform without the need for downloads, supporting cross-device synchronization and catering to mobile office scenarios.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows、iOS、and Android | Technical analysis-oriented traders |
Deposit and Withdrawal
The minimum deposit for Obo fx Pro starts at $100 (the actual minimum for Classic/Standard accounts is $10, which may conflict with the page and needs confirmation), and the minimum withdrawal is $25.
Obo fx Pro supports deposit methods such as bank transfer, cryptocurrencies (e.g., USDT), credit cards (VISA/Mastercard), and e-wallets (Skrill/Neteller).
Cryptocurrency deposits are instant, bank transfers are processed within ≤1 working day, and all withdrawals are handled within ≤1 working day. Only USD, EUR, GBP, and ZAR are supported, with automatic conversion for other currencies.
