Score

1.22 /10
Danger

ABK Markets

Dominic

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.79

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

ABK Markets · Company summary

Note: ABK Marketss official website: https://abkmarkets.com is currently inaccessible normally.

ABK Markets Review Summary
Founded2023
Registered Country/RegionDominica
RegulationNot Regulated
Market InstrumentsForex, Cryptocurrencies, Commodities, Indices, Stocks
Demo Account
LeverageUp to 1:500
SpreadEUR/USD spread varies depending on the account type; tighter spreads for VIP accounts.
Trading PlatformMetaTrader 5 (Desktop, Mobile App)
Min Deposit/
Customer Support- Phone: +359 (2) 492 84 72
- Email: info@abkmarkets.com
- Registered Address: 40 Kennedy Avenue, Roseau, Dominica
- Office Address: 3 Balsha Str., 1408 Ivan Vazov, Sofia, Bulgaria

ABK Markets Information

Founded in 2023 and headquartered in Dominica, ABK Markets uses MetaTrader 5 to trade stocks, FX, cryptocurrencies, commodities, indices. For traders of all stripes, it offers Gold, Platinum, and VIP accounts. Practice on a demo account; but, the platform's unmonitored status calls for security and openness issues.

Pros and Cons

Pros Cons
Wide range of tradable assetsUnregulated
Access to MetaTrader 5Limited information about fees
Tailored account types (Gold, Platinum, VIP)

Is ABK Markets Legit?

ABK Markets situated in Dominica is uncontrolled. Neither the Australian Securities and Investments Commission nor the UK Financial Conduct Authority (FCA) approve it either.

Is ABK Markets Legit?

Registered on July 4, 2023 Abkmarkets.com will expire on July 4, 2028. Administrative statuses include clientDelete Prohibited, clientRenew Prohibited, clientTransfer Prohibited, and clientUpdate Prohibited limit unauthorised domain modifications.

Is ABK Markets Legit?

What Can I Trade on ABK Markets?

A wide range of trading products in multiple asset types are accessible through ABK Markets.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFDs
Indices
Stocks
ETFs

Account Types

Three active account categories are available at ABK Markets: VIP (custom reports and swap-free trading for pros), Platinum (reduced spreads for intermediates), and Gold (basic functionality for novices). For practice, a Demo Account is available; the VIP account serves Islamic traders with swap-free options. These stories attract to a broad spectrum of trading requirements and degrees of expertise.

Leverage

With leverage up to 1:500, ABK Markets allows traders to greatly increase the size of their positions. High leverage involves significant dangers, particularly for novice traders, even though it can boost profit possibilities.

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MetaTrader 5Desktop, iOS, AndroidBeginners to experienced traders.

Deposit and Withdrawal

ABK Markets does not clearly disclose deposit or withdrawal fees. Supported payment methods include Visa, Maestro, PayPal, and American Express.

User Reviews

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User comment

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Comments

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Trsjsj
more than one year
The support chat experience are good, I have some problem and question with the withdrawals part, and the support chat had explain to me and explain every question I asked.
The support chat experience are good, I have some problem and question with the withdrawals part, and the support chat had explain to me and explain every question I asked.
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2024-07-04 18:01
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FX1698997642
more than one year
I'm using this broker since 2017, have no issue regarding withdraw, buttttt mostbof time at news time trades not exicuted and many time my pending oders cencell automatically, good love support, simple verification process, instant withdraws, multille currencies option, internal transfer within ABK Markets comunity, copy trading and good refrell program are good services in ABK Markets.
I'm using this broker since 2017, have no issue regarding withdraw, buttttt mostbof time at news time trades not exicuted and many time my pending oders cencell automatically, good love support, simple verification process, instant withdraws, multille currencies option, internal transfer within ABK Markets comunity, copy trading and good refrell program are good services in ABK Markets.
Translate to English
2024-06-27 11:44
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