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ABK Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 18:22

Abstract: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.

  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 5✔Desktop, 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.

  

Related broker

No Regulation
ABK Markets
Company name:ABK MARKETS LTD
Score
1.35
Website:https://abkmarkets.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.35

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