Score

1.52 /10
Danger

A Book Broker

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.10

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Broker Information

More

Company Name

A Book Broker

Company Abbreviation

A Book Broker

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Facebook

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
A Book Broker · Company summary

A Book BrokerBasic Information
Company NameA Book Broker
Founded2020
HeadquartersSaint Vincent and the Grenadines
RegulationsNone
Tradable AssetsETFs, Currencies, Indices, Agricultural products
Account TypesLive Account, Demo Account, IB Account
SpreadsLow spreads
Trading PlatformsMetaTrader 4
Customer SupportEmail(info@abookbroker.com), Phone(+552130305880)
Trading ToolsEconomic Calendar

Overview of A Book Broker

A Book Broker is a Saint Vincent and the Grenadines-based company that was established in 2020. It provides a variety of trading instruments, including indices, currencies, ETFs, and agricultural products. The platform that the company utilizes, MetaTrader 4, is well-known for its fundamental features. Despite these advantages, the absence of regulation raises serious concerns regarding fund transparency and safety.

Overview of A Book Broker

Is A Book Broker Legit?

There is no recognized financial regulatory body that oversees A Book Brokers. Being an unregulated broker means that regulatory agencies that are in charge of maintaining adherence to industry norms and safeguarding traders' interests have no control over its operations. Concerns are raised regarding the security and safety of funds as well as the openness of the broker's business operations due to this lack of regulation.

Is A Book Broker Legit?

Pros and Cons

A Book Broker offers a range of trading instruments and utilizes the widely recognized MetaTrader 4 platform, which is appreciated for its functionality and user-friendly interface. The broker provides low spreads and high leverage, appealing to traders looking to maximize their trading potential. However, the broker's lack of regulatory oversight poses significant risks, including concerns about the safety of funds and the transparency of operations. Additionally, there is limited information available on deposit methods, which may be a concern for potential clients.

ProsCons
  • Uses MetaTrader 4 platform
  • Not regulated
  • Range of trading instruments
  • Risks due to lack of regulatory oversight
  • Low spreads and high leverage
  • Limited information on deposit methods

Trading Instruments

Exchange-traded funds (ETFs), currencies, major stock indices, agricultural products, and more are among the trading instruments that a book broker offers. Traders can diversify their investment portfolios across several market sectors by using these choices.

Trading Instruments

Here is a comparison table of trading instruments offered by different brokers:

BrokerForexMetalsCryptoCFDIndexesStocksETFs
A Book BrokerYesNoYesNoYesNoYes
AMarketsYesYesNoYesYesYesNo
TickmillYesYesYesYesYesYesNo
EXNESS GroupYesYesYesYesYesYesNo

Account Types

A Book Broker offers three types of accounts:

1. Live Account: For real trading with actual funds.

2. Demo Account: For practice trading with virtual funds, ideal for beginners.

3. IB Account: Introducing Broker account, designed for partners who refer clients to A Book Broker.

Account Types

Trading Platforms

A Book Broker uses the MetaTrader 4 (MT4) platform, known for its transparent pricing, user-friendly interface, and competitive spreads. This platform supports a reliable and cost-efficient trading environment, catering to both novice and experienced traders. Additionally, A Book Broker is a regulated entity, ensuring a secure trading experience.

Trading Platforms

Customer Support

A Book Broker offers customer support via multiple channels. Clients can reach them through email at info@abookbroker.com or by phone at +552130305880. Additionally, they have physical offices in Kingstown, Saint Vincent, and Covent Garden, London. They also maintain a presence on social media platforms like Facebook and LinkedIn for further engagement and support.

Customer Support

Trading Tools

A Book Broker provides an economic calendar as part of its trading tools. This tool helps traders stay informed about important economic events and data releases that can impact financial markets, enabling better-informed trading decisions.

User reviews

User 1: “I've been trading with A Book Broker for a few months now. The MT4 platform is functional and reliable. However, I'm uneasy about the lack of regulation. It makes me question the safety of my funds.”

User 2: “A Book Broker offers a good range of trading instruments. I like trading ETFs and indices. Customer support has been helpful too. But, the absence of clear information on deposit methods and regulatory oversight is concerning.”

Conclusion

A book broker offers a selection of trading products with low spreads and large leverage together with a basic trading platform. On the other hand, serious questions concerning operational transparency and financial security are brought up by the absence of regulatory control. Before making an investment, prospective traders should carefully weigh the risks associated with trading with an unregulated broker.

FAQs

Is A Book Broker regulated?

No, A Book Broker is not regulated by any recognized financial authority.

What trading platform does A Book Broker use?

A Book Broker uses the MetaTrader 4 (MT4) platform.

What types of accounts does A Book Broker offer?

A Book Broker offers Live Accounts, Demo Accounts, and IB (Introducing Broker) Accounts.

What trading instruments are available with A Book Broker?

A Book Broker offers ETFs, currencies, major stock indices, and agricultural products.

How can I contact A Book Broker's customer support?

You can contact A Book Brokers customer support via email at info@abookbroker.com, by phone at +552130305880, or through their offices in Kingstown, Saint Vincent, and Covent Garden, London.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment

1