Abacus Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-04-29 20:04

Abstract：Abacus presents itself as a UK-based foreign exchange specialist providing tangible and tested solutions for businesses, institutions & individuals impacted by currency volatility. It advertises that it can provide its customers with first-class service, consultative approach and intelligent technology.

　　Note: Regrettably, the official website of Abacus, namely https://www.Abacushn.com/, is currently experiencing funAbacusonality issues.

　　General Information

Aspect	Information
Company Name	Abacus
Registered Country/Area	United Kingdom
Regulation	FCA (Suspicious Clone)
Market Instruments	N/A
Trading Platforms	N/A
Demo Account	N/A
Customer Support	Phone: +44 (0)20 3950 4192, Email: info@abacusfx.com

What is Abacus？

　　Abacus is a broker that claims to be regulated by FCA. However, this regulation is suspected to be a clone. Their official website is inaccessible raising concerns about the reliability of their trading platform.

　　If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros	Cons
/	FCA (Suspicious Clone)
	Higher risk
	Inaccessible website

　　Pros:

　　N/A

　　Cons:

　　FCA (Suspicious Clone): The FCA (Financial Conduct Authority) is a UK regulatory body overseeing financial markets. However, there are fake copies of FCA-regulated firms, posing as legitimate ones to trick investors.
　　Higher Risk: Investing in suspicious FCA clones comes with a higher risk of losing money. These clones may promise big returns but are likely scams.
　　Inaccessible Website of Abacus: An inaccessible site might mean technical issues or attempts to hide information, signaling potential fraud. Investors should be cautious and consider alternative options.

Is Abacus Safe or a Scam？

　　There are significant concerns regarding Abacus as a broker. The Financial Conduct Authority regulation associated with their license appears to be a suspected clone, which raises suspicions about their legitimacy. (License Type: Natural sharing; License License Number: 522157)

　　Additionally, the inaccessibility of their official website raises doubts about the reliability and trustworthiness of their trading platform. Therefore, investing with Abacus carries a higher level of risk due to these factors.

Customer Service

　　Abacus offers customer support through multiple channels, including phone and email.

　　Clients can reach out to their support team by dialing +44 (0)20 3950 4192 or sending an email to info@abacusfx.com. This ensures that clients have direct access to assistance and can receive prompt responses to their inquiries or concerns.

Conclusion

　　In summary, dealing with FCA suspicious clones and inaccessible websites poses higher risks for investors. These clones lack regulation, leading to potential financial losses.

　　Additionally, the inability to access a firm's website raises doubts about its legitimacy.

FAQs

　　Q: What are Clone Brokers？

　　A: Clone brokers are fake brokerage firms that pretend to be legitimate and regulated brokers. They copy the branding and details of real brokers to trick investors. However, they operate without regulation and can scam people by promising big profits or exclusive deals. It's important to research brokers carefully and verify their legitimacy before investing to avoid falling for clone broker scams.

　　Q: How can I contact Abacus for customer support？

　　A: You can reach Abacus customer support by phone at +44 (0)20 3950 4192 or via email at info@abacusfx.com for assistance with any inquiries or concerns.