✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

Comments on Obsbit

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.

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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:

Obsbit account types
Obsbit account types

All 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 website
Obsbit 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.

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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.
caution possible broker scam

We leave a vote open so that traders, clients and users of the broker can vote.

[democracy id = ”143 ″]
About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

116 comments on «Obsbit: Rating and comments»

  1. Scammed2 Reply

    Good afternoon,
    someone else still interested in filing a class action lawsuit? It is that if we are so few we will not be able to achieve anything. I see it difficult for us to recover all the money, but I think it is worth trying, at least talking to a law firm to tell us if it is really worth it.
    They have destroyed my life, they have ruined me and it will take a long time to get out of this. That's why I want to try it, but I can't afford it alone, I think that unity is strength ..
    Has anyone talked to a law firm or lawyer that specializes in this type of scams? Because the Civil Guard told me that they could do little

  2. Julia Reply

    Sorry I wanted to write WE ARE NOT MILLIONAIRE

    I would like to be

  3. Julia Reply

    I proposed a class action lawsuit, but only someone sent me an email, no one else, for a class action lawsuit, that is the phrase, collective, it can be very feasible to win, you have to know that it can be expensive but if there are many of us it will cost us less, and also long, the only way to create preferential and thus these scammers do not get rich again from people who are millionaires !!!!!!

    there my comment,
    [email protected]

  4. Scammed2 Reply

    Please, does anyone know what to do in these cases? A few months ago I contacted a supposed law firm to recover the money, they even sent me a sentence but it turned out to be another scam. In the Civil Guard they tell me that nothing can be done, because being an unregulated company they cannot do anything, and I asked a law firm in Spain and they asked me for € 2500 in advance, in addition to a commission on the money recovered, in addition that they did not assure me to get the money back, maybe a part but not the whole and I can't pay anything. Has anyone been able to recover money in any way? I'm desperate. If you know something we can do, please say so, I think there are a lot of us scammed by this company and others like it.

    • Recommended Brokers Reply

      Hello Scam 2, it's a shame everything you mention, thanks for the info about Obsbit. Do you have the website of this supposed law firm?

  5. Scammed Reply

    I want to do something, I am paying two credits that I requested and that I have to continue paying for years, but I don't know what we can do. I have filed a complaint with the Civil Guard, although they have told me that I am hardly going to get anything

  6. Julia Reply

    Go only one pardon, do you agree to a lawsuit against them? is there something else we don't know? I'm a pensioner, the rest are so rich that they don't care? will that.
    I have hope who signs up?

  7. Scammed Reply

    I have also been scammed by Obsbit, I have lost a lot of money, I am paying some loans that I can hardly pay, I can live thanks to my family. I have seen on another website of broker scams that spoke of a similar broker YFXCapital / VFXCapital. They said that the Martinez Echevarría law firm was taking the case to them. Now I myself have money to pay for a lawyer, but if we all got together from Obsbit and made a joint lawsuit, maybe we would get something. I am also sure that there are more brokers who are behind the same people. At least Lionsbit and surely YFX CAPITAL AND VFX CAPITAL.
    Does anyone know something or how we could do it?

    • Recommended Brokers Reply

      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? Maybe you should contact the financial regulator in your country, where are you from?

      Greetings.

  8. Julia Reply

    This message is for all scammed people, if you want to go after them with a lawsuit for deceptive operations, fraudulent maneuvers, and more. here is my email [email protected] hire a good lawyer and sue. I await your opinion

    Julia

  9. Julia Reply

    It is the second time that you have asked me how my contact was, please read things with more interest, your answers are sad but you do not have solutions, it is only a pair.

    "They contacted me on my mobile phone, 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"

    • Recommended Brokers Reply

      Do you know the number of messages we receive every day? We only try to warn people, we do not understand why you bother with us, you have invested with an unregulated broker and recovering the money is a very difficult process, we do not think it is right for you to bother with us.

  10. Julia Reply

    Scammed people, united we can all sue this corrupt company, let's find out how here you have all the forms of scam, so let's think how, where, and form, so we can claim the return of our STOLEN money. or at least they won't steal again.

    I hope for ideas, I encourage the more people united, the easier to win the battle
    Julia

    • Recommended Brokers Reply

      Hello Julia, what experience did you have with Obsbit?

      Greetings.

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