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No Regulation
Score
1.46 /10
Danger
ABC-Market
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.65
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- 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
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 Once deposited, money can never be withdrawn.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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