Obsbit is an offshore company which offers its clients a variety of products and trading options, including Forex, Commodities, Stocks, Indices, Crypto. The company claims to be registered in the Marshall Islands. It is owned and operated by Setonix Holding Ltd.
Is Obsbit Regulated?
It was found in our investigation that Obsbit is not a legitimate institution and is not authorized by any legal institution to conduct its trade practices. It is an unregulated and offshore broker so it is not the one we would recommend.
How Safe Is It To Invest With Obsbit?
Unfortunately, it is not a good decision or a proposition to invest with Obsbit. The company has been known to be cheating people and taking away their deposits illegally. Reviews available online are all negative. There have been various complaints in various authorities against such malpractices practised by the company.
What To Do If You Have Been Scammed By Obsbit?
In case you have fallen prey to the scams of Obsbit and want to recover your money, the fund’s recovery companies listed with us can help you recover your invested funds.