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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk
Add brokers
Comparison
Quantity 3
Exposure
Score
Regulatory Index0.00
Business Index7.20
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Abacus FX Limited
Company Abbreviation
Abacus
Platform registered country and region
United Kingdom
Company website
X
Company summary
Pyramid scheme complaint
Expose
Note: Regrettably, the official website of Abacus, namely http://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 |
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 |
/ | 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.
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.
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.
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.
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.
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