Obo Holding Ltd Forex Broker

Obo Holding Limited Review SummaryFounded2014Registered Country/RegionDubaiRegulationUnregulatedMarket InstrumentsCurrenciesCryptocurrencyMetalsStock IndicesDemo Account✅LeverageUp to 1:2000SpreadFrom 0.1 pipsTrading PlatformMT5Min Deposit$50Customer SupportPhone: +44 7706 670139Live Chat: 24/5Corporate Office # 715, 7th Floor Park Lane Tower Business Bay,Dubai - United Arab EmiratesEmail: support@obohfx.comSocial Media: Instagram, Facebook, LinkedinObo Holding Limited Information Founded in 2014 and registered in Dubai, Obo Holding Limited is an unregulated broker. The company offers access to a wide range of market instruments, including currencies, cryptocurrencies, metals, and stock indices. Obo Holding provides traders with the MetaTrader 5 (MT5) platform, known for its advanced features and functionality. Clients can start trading with a minimum deposit of $50 and enjoy leverage of up to 1:2000. The company offers competitive spreads from 0.1 pips and a demo account for those looking to practice before trading live.Pros and ConsProsConsSpread from 0.1 pipsHigh minimum deposit threshold of FUTURE account up to $2000No swap fees24/5 serviceLeverage up to 1:2000Supporting MT5Is Obo Holding Limited Legit? Obo Holding Limited is not regulated by any regulatory authorities.What Can I Trade on Obo Holding Limited? Obo Holding Limited offers a wide range of popular market instruments, including currencies, cryptocurrencies, metals, and stock indices. Traders can access over 300+ instruments and trade anytime, anywhere on one of the most trusted trading platforms, MetaTrader 5 (MT5).Tradable InstrumentsSupportedForex✔Metals✔Stock Indices✔Crypto✔ETF❌Bonds❌Account Types Obo Holding Limited offers a range of account types with common features. All accounts provide access to MetaTrader 5 (MT5) with high leverage options, no swap fees, and a stop out level of 20%. The minimum deposit required for opening an account ranges from $50 to $2,000, depending on the type, and all accounts offer competitive spreads. The main differences lie in spread types, leverage limits, and commission charges.Account TypeMinimum DepositSpreadLeverage Up ToCommissionSwapStop OutMargin CallSTANDARD$50Floating1:500NoNo20%100%ISLAMIC$3001.41:1000NoNo20%100%GOLD$1,0000.6 pip1:1500NoNo20%100%ULTRA LOW$1,5000.1 pip1:2000YesNo20%100%FUTURE$2,000Source1:1000YesNo20%100%Obo Holding Limited FeesNo Commission & No Swap: Standard, Islamic, and Gold accounts.Commission Applies: Ultra Low and Future accounts.Lowest Spreads: Ultra Low (0.1 pip) and Gold (0.6 pip).Leverage: Varies by account type, with the highest leverage (1:2000) on the Ultra Low account.Trading Platform MetaTrader 5 is a powerful trading platform designed to provide modern traders with the tools they need for successful trading, which is available for multiple platforms, including:macOSWindowsLinuxWeb TerminalPlatformFeaturesAvailable VersionsDownload OptionsMetaTrader 5A powerful platform for Forex and Exchange markets, designed for convenient and functional trading.macOS, Windows, Linux, WebDownload for macOS, Download for Windows, For Linux, Web TerminalDeposit and WithdrawalBank TransferDeposit: Processed within 24 hours.SkrillFees: No fees.Deposit: Processed within 24 hours.Perfect MoneyFees: No fees.Deposit: Processed within 24 hours.Tether (USDT)Deposit: Instant deposit.Withdrawal: Processed within a maximum time frame of 4 hours.