OBJ files are used by wavefront's advanced visualizer application to define and store the geometric objects. Backward and forward transmission of geometric data is made possible through OBJ files. Both polygonal geometry like points, lines, texture vertices, faces and free-form geometry (curves and surfaces) are supported by OBJ format. This format does not support animation or information related to light and position of scenes.
FBX, FilmBox, is a popular 3D file format that was originally developed by Kaydara for MotionBuilder. It was acquired by Autodesk Inc in 2006 and is now one of the main 3D exchange formats as used by many 3D tools. FBX is available in both binary and ASCII file format. The format was established to provided interoperability between digital content creation applications.