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ABC-Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-11-05 18:29

Abstract:ABC-Market is an online broker that was registered in China, with its actual address, founding time, and the company behind it unknown to all. ABC-Market has been verified that it is not subject to any regulation, therefore, ABC-Market is likely to be set up purely to scam forex investors.

  General Information & Regulation

  ABC-Market is an online broker that was registered in China, with its actual address, founding time, and the company behind it unknown to all. ABC-Market has been verified that it is not subject to any regulation, therefore, ABC-Market is likely to be set up purely to scam forex investors.

  Market Instruments

  Tradable instruments available on the ABC-Market include forex currency pairs, commodities, indices, metals as well as crypto currencies.

  Minimum Deposit

  When it comes to minimum initial deposit, ABC-Market requires traders to deposit at least $1000, which is typical for unregulated brokers. They want to scam traders by asking them deposit high opening account amount. Once deposited, money can never be withdrawn.

  Leverage

  Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders. ABC-Market doesnt make it clear about the maximum trading leverage it offers. However, unregulated brokers often give generous leverage to attract news traders.

  Spreads & Commissions

  No spreads, commissions, or trading costs related information is displayed on the ABC-Market. Unregulated or illegal brokers always hide their trading costs to scam brokers.

  Trading Platform Available

  When it comes to trading platform, what ABC-Market offers its traders is not widely-recognized MT4 or MT5 trading platform, maybe some web transform or App. We have no idea about it.

  Deposit & Withdrawal

  In terms of payment methods, ABC-Market doesnt tell us any related information, either. Not sure if commons ways like wire transfer or debit/credit card are available.

Related broker

No Regulation
ABC-Market
Company name:ABC-Market
Score
1.52
Website:https://abc-market.trade/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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