✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will analyze the broker Obsbit, is a CFD broker, apparently specializing in cryptocurrencies (like Bitcoin). Is Obsbit really recommended to make an investment? Or is it better not to invest with this company?
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Setonix holding LTD. .
As to its location, the broker mentions being based in: Marshall Islands.
If we analyze the regulation of the broker: since they do not mention anything, everything indicates that it is an UNREGULATED broker.
If now we go on to analyze account types offered by Obsbit, we note that it offers 6 types of account: the Discovery Account, the Silver Account, the Gold Account, the Premium Account, the VIP Account and the Luxury Club Account.
Discovery account- $ 200 minimum initial deposit, free training, personal account manager, pop up alerts.
Silver Account: minimum initial deposit of $ 3.001, free training, personal account manager, pop-up alerts, discount on commissions.
Gold Account- $ 10.001 minimum initial deposit, free training, personal account manager, pop-up alerts, commission discounts, webinars, “insider trading information”.
The fourth type of account is the Premium account- $ 30.001 minimum initial deposit, free training, personal account manager, pop up alerts, commission discount, webinars, personal customer service agent.
This is followed by VIP account- $ 50.001 minimum initial deposit, free training, personal account manager, pop up alerts, commission discount, webinars, personal customer service agent.
The last type of account is the Luxury Club Account: minimum initial deposit of $ 100.000, to request information on this type of account it is necessary to contact Obsbit.
You can see even more features about the account types of the Obsbit broker (click here. to see the image in full size) in the following image:
The platforms to operate that Obsbit offers are: ACTIVE8.
We will now analyze the different resources and aids for traders that Obsbit provides on its website.
Obsbit provides the following help or resources to traders or interested parties: basic explanation about the different cryptocurrencies that are possible to trade, a little history about this product, explanation of concepts from the world of investments, really not much more than this.
Other information about Obsbit
Some more information in case you want to contact the company, or see its website for yourself.
Website: www.obsbit.com/es
Telephone+34 935 227 635
Email: [email protected]
Ending with this section, in our opinion Do we believe that the Obsbit company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, of which we have not been able to find any review or valuation on the internet, which indicates that it is (probably) a "new" company.
October 2018 update: Due to repeated messages from clients mentioning not being able to withdraw the capital, or not being able to contact Obsbit after investing money, WE DO NOT RECOMMEND OBSBIT.
January 2019 update: the CNMV (Spanish regulatory body) has issued a warning against Obsbit
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”143 ″]
Hello everyone, I will comment on my disastrous experience. It's hard for me to even write it because I'm having a bad time. It turns out that to make the investments they make you download a program through which they have access to your pc and can teach you how to make the investments. Well, through this program, they entered my online banking and made two pre-granted loans of 15.000 euros each, then a transfer of 13.000 euros was made to the foreigner with what I had in the account and when there were 30.000 of the loans in the account were transferred.
When I realized I went to the bank to cancel everything (cards, online banking ...) out of curiosity I went to another bank that I have and they had also tried to get money from there but they had not succeeded. I denounced them and everything stayed there because the Civil Guard does nothing and the bank does less.
This week, after almost 5 months without showing signs of life these scammers from ksdhjgfkawhjfg, one of them called me telling me that it is from the national investment center that they want to help me recover my money with a complaint with more affected people (they are supposed to have contacted with me because they have detected a fraudulent action and it is to make a joint complaint with more affected people, as OBSBIT told me is obliged to provide them with the data in case there is any fraudulent action), I told them to send me the information by email because I do not trust no one anymore. The information they gave me is from Policy Trade Protection ltd (I searched the internet but it did not convince me).
On the same day, coincidences of life call me from OBSBIT that the assigned advisors have been suspended for improper use and that they contact me to return the money. After talking with them two days in a row, the only conclusion I have reached is that they want me to download that program again in which they can enter my computer (according to them to do all the return verifications). They have not been able to answer me because they cannot return my money in the same way they stole it, since they did not ask me for confirmation of anything.
I just want to know if there is any platform where we can jointly denounce this species to be extinct, they do not even deserve the air they breathe and people have to know that they are scammers.
Hello Scam, thank you very much for sharing your experience with Obsbit… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails? What can be done, since being an unregulated broker, we don't think much, maybe contact the financial regulator of your country ... Do you have more information (such as the website) about this such Policy Trade Protection? It sounds quite strange, and it is known that after not being able to recover the money, many times clients are contacted by so-called "capital recovery" companies and are doubly scammed, so be careful ...
Greetings.
Good
I have been scammed by Obsbit, which looks like they are the same as Lionsbit.
Enter the Lionsbit assessment of this website, they have uploaded a YouTube link from a very interesting Dominican television about how these types of scams operate. I copy the link that Recommended Brokers has put: youtube .com / watch? v = bY9Xcsq9aUo & feature = youtu.be.
I would like to know if from Spain we can do something against these bastards, because of course, just by filing a complaint we do not get anything, the Police or the Civil Guard do nothing. I would like to know if you can file a joint lawsuit, or whatever, but this cannot stay that way, they have ruined my life, I will be paying credits for the rest of my life.
Hello Maria, we have responded to your previous comment. About Spain, you can contact the CNMV, the Spanish financial regulator.
Greetings and we are very sorry for your situation.
Send imail from spainsuport 15 days ago, to tell me how to withdraw my money, they did not call me and a few days ago I sent imail to the same site again reminders that I am still waiting, can you do something?
Hello Julia, we only created this analysis about Obsbit, but unfortunately we have no other means of contact other than you… Try to contact them from another number or email if you cannot contact them.
They are the same ones from lionsbit that already scammed thousands of pardons, but with a new company, in this case obsbit CAUTION GENTLEMEN
They contacted me on my mobile, selling me the profits, a man named Edonis or something like that, London number, 44 ………, and thus he deceived me by emptying my credit card that next month I will not be able to pay total 4410 euros
all the best
Hello Julia, thank you very much for sharing your experience with Obsbit… Can you tell us more about your experience with this company? Do you remember how you came to find them? Well, they should give you the money, we remain pending on whether or not you can finally withdraw.
Greetings.
April 1, they contacted me by mobile, and with deceptive maneuvers they emptied my credit card, which I cannot pay the 4410 euros stolen, that deception was telling me that I had won them and they entered my credit card, I of course I have no foolish idea of those kinds of operations, and if I stumbled on the deception and now they neither call nor get on the phone, nor is there any way to communicate with that mafia, we can all agree with the scammed and file a civil lawsuit or perhaps penal?
the abuses are paid, the deceptions also especially when the majority are hard-working people who have a hard time reaching the end of the month.
Hello Julia, thank you very much for sharing your experience with Obsbit… Can you tell us more about your experience with this company? Do you remember how you came to find them? We ask other clients in the same situation to contact Julia.
Greetings.
I do not recommend it, it is a scam
Hi Maria, can you tell us more about your experience with Obsbit?
Greetings.
ON YESTERDAY I RECEIVED A CALL FROM THEM AND PAY ATTENTION TO THE BACKGROUND NOISE, AND LISTENED AS A COUPLE OF THEM SAY “WE DOMINICANS LIKE TO MAKE A LOT OF BAGS IN SAN VALENTIN” THIS COMPANY SEEMS THAT MANY DOMINICANS WORK. BEWARE OF THAT WHICH IS ALSO CUCHE THE NAME OF A PAGE CALLED LIONSBIT.COM, I STARTED TO INVEST AND LIONSBIT AND OBSBIT APPEARING TO BE FROM THE SAME COMPANY OR THEY ARE THE SAME SCAMMERS.
Hello dear, thank you very much for sharing your experience with Obsbit, it is really sad what you mention about this broker. Can you tell us more about your experience with this company? Do you remember how you came to find them in the first place? Well, we would not be surprised if both pages are from the same people, or that they are related, it is a common practice among this type of companies, unfortunately. Although comparing both web pages we have not found many clear similarities.
Greetings.
Hello, I inform you that I have already reported this to the "Spanish Internet Service Office" and for the protection of others not being fooled by these obsbit parasites and most likely marketscube. Advice by the incibe (national cybersecurity institute) the pages to be reliable must have a seal of trust and regulation that certifies that they are legal and be registered with the CNMV spain (National Securities Market Committee) or Cysec (Mercado de cyprus values) and MIFID I hope it helps you and that your data is encrypted very important!
Hi José, thanks for your comments, it's really a shame what you mention. Do you remember how you came across Obsbit in the first place? If you have more information about the company, please share it with us.
On the advice, the simplified idea is to invest only with regulated companies, and not only regulated, if not regulated by serious regulators, such as CNMV (Spain), FCA (England), CONSOB (Italy), to name a few examples.
We do not consider CySEC or MIFID to be serious regulators.
Greetings.
Hello to me they call me every so often I have already told them that I do not want anything until I have told them scammers I am not going to fall for their games and they act offended and they put a lot of things in you that is a matter of fate that they call me that I am to earn a lot of money and blah blah but I send them to the devil and what a joy to fuck DO NOT FALL DON'T FALL THEY ARE SCAMMERS AND THEY HAVE SEVERAL DISK COMPANIES LINKED TO THE SAME ONE DO NOT BACK UP WITH ONE PASS FOR A TIME THEY CALL YOU WITH THE OTHER SO THAT THEY WILL FUCK YOU THANKS TO GOD BEFORE OF FALLING FIRST I INFORM ME HOW RELIABLE IT IS !!!
Hi Janett, thanks for your comments, it's really a shame what you mention. Do you remember how you came across Obsbit in the first place? If you have more information about the company (like these other linked companies you mention), please share it with us.
Greetings.