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Abeufx

ABASTR | 2024-09-24 18:22

Abstract：　Abeufx is a new brokerage firm that was founded in the year 2024. They offer 100 + financial instruments including forex, indices, and more through the ST5 trading platform and a demo account. Yet the leverage and spread rates are missing. Besides, there are no sufficient legal prescriptions for the state regulation of ABASTRs activity.

ABASTR Information

Abeufx is a new brokerage firm that was founded in the year 2024. They offer 100 + financial instruments including forex, indices, and more through the ST5 trading platform and a demo account. Yet the leverage and spread rates are missing. Besides, there are no sufficient legal prescriptions for the state regulation of ABASTRs activity.

Pros and Cons

Pros	Cons
Offers an easy-to-use platform with ST5	Lack of regulation
Offers a demo account for newcomers	Limited information on spreads, commissions, and leverage
Offers multiple assets to trade	Limited information on deposit and withdrawal fees

Is ABASTR Legit?

There is no regulatory body to oversee ABASTR's operation. Such absence of rules places investors at a higher risk. The domain abastrfx.com was registered on July 24, 2024, on Whois, but it is currently in a status where the owner has prohibited domain transfers.

What Can I Trade on ABASTR?

ABASTR offers 100+ tradable assets, including forex, synthetic indices, stocks, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Stock	✔
Indices	✔
Cryptocurrency	❌
Shares	❌
Metals	❌

Account Type

ABASTR offers a single accounttype for different global investment options. It also includes a demo account for newcomers for practice.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
ST5	✔	PC and mobile	Investors of all experience levels
MT5	❌	PC and mobile	Investors of all experience levels

Deposit and Withdrawal

ABASTR provides digital currency deposits and fast withdrawals in multi-national banks. However, the minimum amount and required fees for deposits and quick withdrawals are not specified.

Customer Service

You can reach out to ABASTR's support team via live chat 24/7 orby email at support@abastrfx.com

Contact Options	Details
Phone	❌
Email	support@abastrfx.com
Support Ticket System	❌
Online Chat	✔
Social Media	❌
Supported Language	English
Website Language	English
Physical Address	❌

The Bottom Line

ABASTR has a functional and cheerful design as a part of the ST5 platform, on which the user can trade in various assets, and even create a demo account. However, the disadvantage is no regulation This is the biggest risk to investors money. Besides, there is no fee information for trading. ABASTR may only be most useful for trading by those who are already experienced and in a position to gather enough information on their own.

FAQs

Is ABASTR good for beginners?

No, it is not for beginners because of the no legislation governing it and the relative danger of the investment.

Is ABASTR good for day trading?

Lack of compliance has been a major worry along with very little information on the amount of fees charged. Consider regulated platforms with robust security measures for day trading.

Is it safe to trade with ABASTR?

Trading with ABASTR involves a lot of risk given that the company is not regulated. Only invest in ABASTR if you understand the risks.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please understand the risks involved and notice the information above provided in this review may be subject to alteration.