ForexTB vs OBR Invest

ForexTB vs OBR Invest Comparison Table 2024
ForexTB OBR Invest
3.6
3.6

Established in 2015, ForexTB (FXTB) is a multi-asset broker offering CFDs on over 300 instruments via its own web-based platform or the popular MetaTrader 4. FXTB offers a choice of four accounts with premium tiers enjoying tighter spreads and zero commissions, though substantial minimum investments climbing to €250k put these out of reach for most day traders.

OBR Invest is a CySEC-regulated investment firm offering the MetaTrader 4 platform and 300+ instruments. The brokerage launched in 2012 and has since proven popular with forex and CFD traders with a choice of live accounts to suit different strategies and budgets.

Comment by Reviewer
"ForexTB is geared towards active traders in Europe who can afford the significant minimum deposit to quality for competitive trading conditions. However, there are better brokers with ForexTB still failing to deliver in key areas, notably pricing, research, education and support." "OBR Invest is a good pick for beginners with its easy-to-use trading platform, free demo account, education centre, and access to popular financial markets."
Pros
  • ForexTB is authorized by the CySEC in Europe, a trusted regulator, though it reached a €270k settlement in 2022 for possible violations.
  • The proprietary platform is simple by design but offers essential features with optimal charting tools, plus a limited version is accessible prior to registration.
  • Analytics from Trading Central is included, which offers additional technical tools, analytical reviews, fundamental news, and access to primary sources of information, helping to inform trading decisions.
  • FXTB is one of a select few brokers to offer a professional account that maintains negative balance protection, preventing losses beyond account balances.
  • An extensive range of payment methods are supported from PayPal to bank cards and wire transfers, with same-day deposits and zero transfer fees
  • Regulated broker with CySEC license
  • Free demo account with quick sign-up
  • MetaTrader 4 integration plus intuitive web platform
  • Full range of investments including popular cryptocurrencies
  • Multiple payment methods with free deposits
  • Leverage up to 1:400 for professional clients
  • Trading Central market insights
Cons
  • ForexTB offers wider spreads than many competitors, notably low-cost brokers like IC Markets, especially if you opt for the Basic account.
  • FXTB imposes a €20 inactivity fee after just one month, deterring casual traders, while only VIP account holders get unlimited free withdrawals.
  • The educational guides lack practical examples, charting analysis and interactive elements, making them of limited use for newcomers, especially compared to category leaders like IG.
  • ForexTB prices out many retail traders with three of its four accounts requiring minimum deposits of €25k+, making it a poor option for beginners.
  • Customer support can't be relied upon for urgent trading queries with just phone and email channels and wait times of several hours during testing, seriously lagging behind alternatives like XTB.
  • OBR Invest is not available to US, UK or Belgian clients
  • Withdrawals fees apply for basic accounts
  • No copy trading platform
  • €80 inactivity fee
Awards
  • Best Crypto CFDs Trading Platform Global 2022 - World Business Outlook
  • Fastest Growing CFD Broker in Europe 2020 - Global Brands Magazine
Instruments
CFDs, Forex, Indices, Stocks, Commodities, Cryptocurrencies Forex, commodities, cryptocurrencies, stocks, indices
Demo Account
Yes Yes
Minimum Deposit
$250 $250
Trading Platforms
  • WebTrader
  • MT4
  • TradingCentral
  • MT4
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC CySEC
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
App Review

FXTB provides a mobile version of its exclusive WebTrader platform, compatible with iOS and Android devices, featuring push notifications for real-time updates. This app facilitates trade execution, chart analysis, and asset price monitoring on-the-go. Alternatively, experienced traders may prefer the MT4 app, offering robust features like drawing tools, customizable graphs, and Expert Advisors (EAs).

Android App Rating
2.7
iOS App Rating
4
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$20 $80
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • RUB
  • EUR
Stock Exchanges
Commodities
CFD Trading
CFD trading is available across forex, commodities, indices, stocks, and cryptocurrencies, encompassing over 300 assets in total. Leverage levels vary by instrument, adhering to EU regulations with a maximum of 1:30. Spreads are variable across the platform, however there is no raw spread account that would cater to advanced day traders. OBR Invest offers CFDs on 300+ instruments including forex, stocks, indices, commodities and cryptocurrencies. Although we feel this selection is fairly small, it is good to have the choice of a beginner-friendly web platform or MT4.
Leverage
1:30 (Retail), 1:400 (Professional) 1:30 (Retail), 1:400 (Pro]
FTSE Spread
425 From 3.0
GBPUSD Spread
1.8 From 2.0
Oil Spread
10 From 2.0
Stocks Spread
Variable Variable
Forex Trading
FXTB provides CFDs on 45 currency pairs, primarily consisting of crosses involving USD, EUR, GBP, or AUD. Basic account holders encounter very wide spreads, notably 3 pips on EUR/USD, while VIP members enjoy more competitive rates, with 1.6 pips offered on the same pair. The MT4 platform and app were built for forex trading. With 55 forex pairs, OBR Invest offers a decent selection including all majors plus popular crosses and some exotics. The variable spreads are also fair, with EUR/USD available from 1.6 pips, but there is nothing to make this broker's forex offering stand out.
GBPUSD Spread
From 2.0 From 2.0
EURUSD Spread
From 1.6 From 1.6
EURGBP Spread
From 1.8 From 0.9
Assets
45 55
Cryptocurrency
ForexTB offers short-term trading in cryptocurrency markets through approximately 25 CFDs, which are paired with USD, EUR, and GBP. Popular coins include Bitcoin, Ethereum, Dash, and Litecoin. However, there are no crypto indices, limited emerging tokens and Bitcoin spreads came in wider than average during testing. OBR Invest offers a decent selection of popular cryptos, including crypto cross pairs and fiat pairs with Bitcoin. CFDs – retail client accounts generally lose money
Spread
Floating Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • XMR
  • DSH
  • BCH
  • ADA
  • DOGE
  • XLM
  • DOT
  • BNB
  • SOL
  • BTC
  • ETH
  • LTC
  • DOGE
  • DASH
  • XRP
  • XLM
  • XMR
  • ADA
  • SOL
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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