OBV Markets LLC (obvmarkets.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +38220266700
Addresses: Ground Floor The Sotheby Building,Rodney Bay Gros Islet Saint Lucia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: obvmarkets.com.
The mobile app from OBV Markets LLC (obvmarkets.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Clean UI|Economic calendar|No hidden fees|Regular updates
Cons: Spreads widen during volatile periods
Where do I even begin with OBV Markets LLC (obvmarkets.com)? for just over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: API access|Helpful community forum|Stable platform|Social trading features
Cons: Limited cryptocurrency options
After using OBV Markets LLC (obvmarkets.com) since last summer, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Clear documentation|Detailed reporting|Transparent fees
Cons: Limited social trading features
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. OBV Markets LLC (obvmarkets.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Detailed reporting|Quick verification
Cons: Limited cryptocurrency options|Could offer more webinars
I lost a significant amount because OBV Markets LLC (obvmarkets.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Intuitive for beginners|Two-factor authentication
Cons: No live chat on mobile|Email notifications too frequent
I signed up with OBV Markets LLC (obvmarkets.com) after my brother mentioned them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Multi-device support|Multiple order types
Cons: Research section could be deeper
I requested my data from OBV Markets LLC (obvmarkets.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Economic calendar|Social trading features
Cons: Nothing significant|No crypto staking
My card was charged twice by OBV Markets LLC (obvmarkets.com) on the same day. I had to dispute it with my bank. OBV Markets LLC (obvmarkets.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multi-currency support|Fast support response
Cons: No crypto staking|No fractional shares
I had high hopes for OBV Markets LLC (obvmarkets.com) after doing extensive research, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Good mobile app|Fast execution
Cons: Would like more payment methods|Spreads widen during volatile periods
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. OBV Markets LLC (obvmarkets.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Clean UI|Good mobile app
Cons: Limited social trading features