Score

1.48 /10
Danger

ABC-Market

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index6.74

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 : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ABC-Market · Company summary

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 Once deposited, money can never be withdrawn.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.

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