Score

1.72 /10
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ABLE

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Business Index6.85

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Software Index5.56

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Company Name

Able Limited Company Limited

Company Abbreviation

ABLE

Platform registered country and region

United Kingdom

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ABLE · Company summary
Key Information Details
Company Name Able Limited
Years of Establishment 2-5 years ago
Headquarters United Kingdom
Tradable Assets Forex, Commodities, Indexes, Bitcoin (Crypto CFDs)
Account Types N/A
Minimum Deposit N/A
Leverage Up to 1:500
Spread Starting at 0.0 pips
Deposit/Withdrawal Methods Mastercard, Visa, Paypal, Skrill, Neteller
Trading Platforms cTrader, Possibly MetaTrader4 (uncertain)
Customer Support Options Email

Overview of ABLE Limited

Able Limited is a brokerage firm that has been operating for 2-5 years. They provide trading services in Forex, Commodities, Indexes, and Bitcoin (Crypto CFDs). Their trading environment accommodates scalping, hedging, and automated trading strategies. Able Limited offers a range of deposit and withdrawal options, including Mastercard, Visa, Paypal, Skrill, and Neteller. They offer leverage of up to 1:500 and claim to provide spreads starting at 0.0 pips for raw spread accounts. Customers can contact them through email at support@abletechno.com for customer support inquiries.

basic-info

Market Instruments

Able Limited provides trading services in various market instruments:

Forex: Able Limited offers trading in the foreign exchange market, allowing clients to trade currency pairs. This includes major currency pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic currency pairs.

Commodities: Able Limited enables trading in commodities, such as gold, silver, crude oil, natural gas, and agricultural products. Clients can take positions in these markets based on their price movements.

Indexes: Able Limited allows clients to trade in stock market indexes, which represent the performance of a group of stocks from a specific market. Examples include the S&P 500, FTSE 100, and DAX 30.

Bitcoin (Crypto CFDs): Able Limited offers trading in Bitcoin through Crypto CFDs. This allows clients to speculate on the price movements of Bitcoin without actually owning the underlying asset.

Here is a table that displays the market instruments available by Able Limited in comparison to like companies:

Broker Market Instruments
Able Limited Forex, Commodities, Indexes, Bitcoin (Crypto CFDs)
Alpari Forex, Commodities, Indices, Cryptocurrencies
HotForex Forex, Commodities, Indices, Cryptocurrencies
IC Markets Forex, Commodities, Indices, Cryptocurrencies
RoboForex Forex, Commodities, Indices, Cryptocurrencies
products

How to make an account?

To open an account on the ABLE brokerage website, follow these step-by-step instructions:

  1. Visit the ABLE Website: Go to the official website of ABLE.

2. Locate the Account Opening Section: Look for a dedicated section or tab on the website that is specifically meant for account opening or registration.

open-account

3. Choose the Account Type: Select the type of account you wish to open, such as an individual or joint account. Consider your preferences and requirements when making this selection.

4. Fill in the Registration Form: Provide accurate personal information on the registration form. This typically includes details like your full name, email address, phone number, date of birth, and residential address. Additionally, you may be asked for other relevant information, such as your trading experience.

5. Agree to Terms and Conditions: Read and understand the terms and conditions presented by ABLE. If you agree to them, proceed by checking the box or acknowledging your acceptance.

6. Provide Identification Documents: ABLE may require verification of your identity for regulatory purposes. Be prepared to submit scanned copies or photos of identification documents like your passport or driver's license. Additionally, you may need to provide proof of address, such as a utility bill or bank statement.

7. Set Security Measures: Choose a strong and secure password for your account. ABLE may also offer additional security features like two-factor authentication for added protection.

8. Fund Your Account: Once your account is successfully registered, follow the provided instructions to deposit funds into your trading account. ABLE likely offers multiple payment methods for funding your account.

9. Complete Additional Verification (if required): Depending on regulatory requirements, ABLE may request additional verification steps, such as Know Your Customer (KYC) procedures or submitting supplementary documents.

10. Account Activation: After completing the necessary steps, your ABLE account will be activated. Look for a confirmation email or on-screen notification indicating that your account is ready for use.

Leverage

Able Limited offers flexible leverage options with a maximum leverage of up to 1:500. Leverage allows traders to amplify their trading positions with borrowed funds, potentially increasing both profits and losses. The high maximum leverage offered by Able Limited implies that traders can control larger positions relative to their invested capital. However, it's important to note that trading with high leverage carries increased risk, as even small market fluctuations can have a significant impact on the trader's account.

Here is a table that displays the leverage rates per market instrument by Able Limited in comparison to like companies:

Broker Forex Commodities Indexes Bitcoin (Crypto CFDs)
Able Limited Up to 1:500 Up to 1:500 Up to 1:500 N/A
Alpari Up to 1:1000 Up to 1:100 Up to 1:200 Up to 1:10
HotForex Up to 1:1000 Up to 1:1000 Up to 1:500 Up to 1:10
IC Markets Up to 1:500 Up to 1:500 Up to 1:200 Up to 1:5
RoboForex Up to 1:2000 Up to 1:1000 Up to 1:50 Up to 1:10

Spreads

Able Limited offers spreads starting at 0.0 pips for their raw spread accounts. A spread refers to the difference between the bid price and the ask price in a trading instrument. A lower spread can be advantageous for traders as it reduces the cost of executing trades. Able Limited's offering of spreads starting at 0.0 pips, however, it's important to note that spreads may vary depending on market conditions and the specific trading instruments being traded.

Deposit & Withdrawal

Able Limited offers multiple deposit and withdrawal methods for its clients. These methods include Mastercard, Visa, Paypal, Skrill, and Neteller. By providing a range of payment options, Able Limited offer convenience and flexibility to its clients in managing their funds. Mastercard and Visa are well-known and widely accepted credit card options that allow for quick and easy transactions. Paypal, Skrill, and Neteller are popular e-wallet services that offer secure online payments and facilitate fast deposits and withdrawals.

payment-methods

Trading Platform

Able Limited offers the cTrader trading platform for its clients. cTrader is a popular trading platform known for its advanced features. It provides traders with access to real-time market data, advanced charting tools, order management capabilities, and various technical indicators. With cTrader, clients of Able Limited can execute trades, monitor their positions, and access a range of analytical tools to aid their trading decisions.

Here is a table that displays the trading platforms available by Able Limited in comparison to like companies:

Broker Trading Platforms
Able Limited cTrader
Alpari MetaTrader 4, MetaTrader 5
HotForex MetaTrader 4, MetaTrader 5
IC Markets MetaTrader 4, MetaTrader 5
RoboForex MetaTrader 4, MetaTrader 5
trading-platform

Customer Support

Able Limited offers customer support through email. Clients can reach the customer support team by sending their inquiries or concerns to support@abletechno.com. This method allows clients to communicate their questions or issues in writing and receive assistance or responses from the customer support team.

Having limited customer support options can be disadvantageous as it may restrict clients' access to immediate assistance and prompt resolution of their concerns. With only email support available, there may be delays in receiving responses and limited opportunities for real-time interaction. This can be problematic, particularly in urgent situations where clients may require immediate support or clarification. A lack of alternative support channels, such as live chat or phone support, may also limit the ability to address complex issues or seek immediate assistance during critical trading moments.

Conclusion

In conclusion, Able Limited is a brokerage firm that has been operating for 2-5 years, providing trading services in Forex, Commodities, Indexes, and Bitcoin (Crypto CFDs). They offer a flexible trading environment that allows for scalping, hedging, and automated trading strategies, catering to the diverse needs of traders.

Able Limited's spreads start at 0.0 pips for raw spread accounts and the leverage options are up to 1:500, which can be advantageous for cost-effective trading. The company supports multiple deposit and withdrawal methods, including Mastercard, Visa, Paypal, Skrill, and Neteller, providing convenience and flexibility for clients.

FAQs

Q: What types of trading instruments are available through Able Limited?

A: Able Limited offers trading in Forex, Commodities, Indexes, and Bitcoin (Crypto CFDs).

Q: What is the maximum leverage offered by Able Limited?

A: Able Limited provides flexible leverage options, with leverage of up to 1:500.

Q: How can I contact customer support at Able Limited?

A: Customer support at Able Limited can be reached through email at support@abletechno.com.

Q: What is the minimum deposit requirement for opening an account with Able Limited?

A: The minimum deposit requirement for Able Limited has not been specified in the available information.

Q: Which trading platform does Able Limited offer?

A: Able Limited provides the cTrader trading platform for its clients.

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Trsjsj
more than one year
Seems good so far. But need more training resources and the ability to trade crypto currency during weekends.An order book indicator like oanda provides to its customers would be helpful. More custom indicators and trading robots should be added.
Seems good so far. But need more training resources and the ability to trade crypto currency during weekends.An order book indicator like oanda provides to its customers would be helpful. More custom indicators and trading robots should be added.
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2024-07-04 18:06
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Raphaël Durand
more than one year
While ABLE does offer some attractive features, like flexible leverage options, 500x, yeah, quite good... But there are a few aspects that are not ideal for all traders. I mean, me. The trading platform lacks some essential charting, and the spreads can be somewhat unstable.
While ABLE does offer some attractive features, like flexible leverage options, 500x, yeah, quite good... But there are a few aspects that are not ideal for all traders. I mean, me. The trading platform lacks some essential charting, and the spreads can be somewhat unstable.
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2024-06-28 18:16
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