www.obroker.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.obroker.com.
www.obroker.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: API access|Competitive fees|Educational resources
Cons: Website design could be more modern|Minimum deposit could be lower
My withdrawal from www.obroker.com was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I retired last year of being strung along.
Pros: Market news feed|Comprehensive tools
Cons: Limited cryptocurrency options
www.obroker.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Detailed reporting|Great customer service|Competitive fees
Cons: No phone support on weekends
The onboarding at www.obroker.com was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: No hidden fees|Dedicated account manager|Multi-device support
Cons: No crypto staking|Limited cryptocurrency options
What really bothers me about www.obroker.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a friend recommended them and I fell for the polished exterior. Never again.
Pros: Multiple order types|Dedicated account manager|Copy trading available|Educational resources
Cons: Website design could be more modern
KYC with www.obroker.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: API access|Multi-device support|Fast support response|Easy to use platform
Cons: No crypto staking|Slow to add new assets
www.obroker.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Quick verification|Comprehensive tools
Cons: Inactivity fee applies after 12 months|No phone support on weekends
www.obroker.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: No hidden fees|Excellent charting|Smooth onboarding|Tax reports included
Cons: Limited ETF selection
Where do I even begin with www.obroker.com? for a few weeks now 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: Real-time alerts|Automated trading options
Cons: Onboarding videos are outdated
Do not use www.obroker.com for anything serious. I used them since early this year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Fast execution|High security standards
Cons: Charting tools need more indicators|Live chat only during business hours