WikiFX Review: what you should know about OBFX Global

To get a better idea of the dealer, let's first go to their official website (https://obgfx.cc/index.html).

When I attempt to connect their website, google alert me that the link was not secure and that attacks might be trying to steal your information (e.g. passwords, messages or credit cards) from obgfx.cc.

I wonder why a normal domain name and website would be alerted by Google？ Googles tips more or less prove that the site is not secure, so take extra care to avoid giving out any private information after entering the site.

After forcing access to the website, we can see that the company is a foreign exchange dealer registered in the UK, they claim that they have a long history of providing high quality foreign exchange dedicated services, they claim to be one of the most effective brokers in the world. They offer foreign exchange, composite index, equity index and commodity products worldwide. It did not provide any detailed registration details of the company, nor did it obtain terms and conditions, customer agreements, regulatory information or other documents. There's no doubt that when investors want to choose a platform, it's more than just this information posted!

As a forex trader registered in the UK, the first thing we do is to check if it is operating under their government agency and manipulating financial activities. The Financial Conduct Authority, as a leading British financial regulator, is accountable to the UK Treasury and aims to ensure honest and fair markets by protecting investors, protecting financial markets and promoting competition. The core work is to regulate the market behavior of financial companies, investigate misconduct, supervise financial products, and ensure that financial services meet basic requirements or standards.

As you can see from the screenshot that the search page shows“ no search results for OBFX Global”, which makes it clear that the company is not regulated by the FCA.

Actually，before trusting anyone with your money, it would be best to check if they are licensed as they claim. If the firm does not mention a license, it should be avoided, since unregulated companies are very dangerous.

Now let's search “OBFX Global” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

As you can see, based on information given on WikiFX (https://www.wikifx.com/zh-cn/dealer/3652216616.html).Three OBFX Glaobal results appear on the page, and are score poorly.This has to make people worry that these are a fake platform and if they are not careful with their investments they will fall into an investment scam.

OBFX Global currently has no valid regulatory license and the score is rather negative - only 1.43/10! WikiFX will comprehensively score dealers in five aspects: license index, business index, risk control index, software index and regulatory index. Since MEDE Company does not have any supervision and does not obtain regulatory license, its license index, risk control index and regulatory index are all 0 points, and the final total score is 1.43 points (full score of 10 points). Investors can be through the eye of the traders how the overall situation, at a glance, the higher the score, the more trustworthy, the lower the need to be vigilant!

Given what has been discussed above, it can be concluded that OBFX Global has a high risk of trading. Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not.

All traders should be vigilant when investing in a broker. WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.