Check › Broker register › OBV Trade MT5
AC-501825
OBV Trade MT5
⚠ Flagged on the register · High risk
We checked OBV Trade MT5 against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
⚑ Unregulated / unlicensed
Named in relation to ASIC (Australia)Named in relation to FCA (UK)
What we found
According to its website, it claims regulated by Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), Financial Services Agency (FSA). Upon investigation, it was found that it had stolen AVATRADE's information, so it was not actually supervised by any regulatory agency. The truth is that OBV Trade MT5 is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, OBV Trade MT5 is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report OBV Trade MT5.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.