Score

1.38 /10
Danger

abc group

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index5.96

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

abc group · Company summary

General Information & Regulation

abc group, a trading name of ABC Group Limited, is allegedly a suspicious regulated forex broker registered in Saint Vincent and the Grenadines and regulated by the Fiji Island Financial Monetary Authority (FFMA) with regulation number: FU3371622 AA BT6315. The broker claims to provide its clients with diverse tradable financial instruments with flexible leverage up to 1:100 on the industry-standard MetaTrader5 and Web Trader trading platforms, as well as 24/7 customer support service.

Market Instruments

abc group advertises that it mainly offers four different asset classes in financial markets, including commodities, forex, indices and stocks.

Account Types

Apart from demo accounts with a virtual fund of $1,000,000, it seems that only one live account type is provided by abc group. The broker didnt directly reveal any specific information about the minimum initial deposit requirement to open an account.

Leverage

The flexible leverage ranging from 1:1 to 1:100 is offered by abc group. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Trading Platform Available

Platforms available for trading at abc group are MetaTrader5 and Web Trader. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading
Trading

Deposit & Withdrawal

abc group works with bank wire transfers and credit/debit cards such as MasterCard and Visa. Withdrawals usually require 2-10 business days to be credited to your bank account, while withdrawal funds will be credited to your account within 3-7 working days (depending on your card provider). Note that funds deposit and withdrawal are only available for clients who have been identified and assessed by the broker.

Deposit

Customer Support

abc groups customer support can be reached by telephone: +442080899596, email: customer.service@abcfx.eu. Company address: Suite 305, Griffith Corporate Centre P.O. St. Vincent Grenadines Box 1510, Beachmont Kingstown.

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