Abstract:ABX, trading name for Allocated Bullion Exchange, is an international brokerage firm headquartered in Australia with branch offices in Hongkong, Thailand and Cyprus. The company offers a diverse range of financial instruments and services to traders which include trading, White Label Solutions, Electronic Vault Warrants – Coming Soon, Storage & Logistics, Clearing & Settlements for precious metals. However, it operates without valid regulatory oversight, raising concerns about its legitimacy and accountability.
ABX Review Summary in 6 Points | |
Founded | 2011 |
Registered Country/Region | Australia |
Regulation | Unregulated |
Market Instruments & Services | Precious metals trading: Gold, Silver, Platinum |
ABX White Label Solutions, Electronic Vault Warrants – Coming Soon, Storage & Logistics, Clearing & Settlements | |
Trading Platforms | MetalDesk |
Customer Support | Phone, email, address, fax, contact us form, social media |
ABX, trading name for Allocated Bullion Exchange, is an international brokerage firm headquartered in Australia with branch offices in Hongkong, Thailand and Cyprus. The company offers a diverse range of financial instruments and services to traders which include trading, White Label Solutions, Electronic Vault Warrants – Coming Soon, Storage & Logistics, Clearing & Settlements for precious metals. However, it operates without valid regulatory oversight, raising concerns about its legitimacy and accountability.
In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.
Pros | Cons |
• Focus on services for precious metal trading | • Unregulated |
• Ample customer service methods |
Focus on services for precious metal trading: ABX's specialization in precious metal trading services indicates a deep understanding and expertise in this niche market. This focused approach results in tailored solutions and better outcomes for clients involved in this sector.
Ample customer service methods: ABX's provision of multiple customer service channels, including phone, email, address, fax, contact us form, and active engagement on social media platforms ensures accessibility and responsiveness, enhancing overall customer satisfaction and support experience.
Unregulated: The lack of regulation in ABX's operations raises concerns regarding transparency, accountability, and investor protection. Without regulatory oversight, there will be risks of fraud, manipulation or other unethical practices that could harm clients' investments and undermine trust in the platform.
When considering the safety of a brokerage like ABX or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: Currently, this broker operates without any legitimate regulatory oversight, raising concerns about transparency and accountability.
User feedback: For a deeper insight into the brokerage, traders should read reviews and feedback from existing clients. These valuable inputs from users, available on trustworthy websites and discussion forums, can provide firsthand information about the company's operations.
Security measures: ABX implements a robust privacy policy, ensuring the security of user data through encryption protocols, secure authentication methods, regular security audits, and compliance with stringent privacy regulations, prioritizing confidentiality and data protection.
In the end, choosing whether or not to engage in trading with ABX is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.
ABX offers a comprehensive range of services for various aspects of precious metals trading.
In the trading category, the platform facilitates the buying and selling of gold, silver, and platinum, providing investors with access to diverse investment opportunities within the precious metals market.
Additionally, ABX offers ABX White Label Solutions, enabling businesses to leverage the platform's infrastructure and technology to launch their own branded precious metals trading platforms.
The upcoming Electronic Vault Warrants service promises to streamline the process of verifying and transferring ownership of precious metals stored in vaults.
Furthermore, ABX provides Storage & Logistics solutions for securely storing and managing precious metals, as well as Clearing & Settlements services to facilitate efficient and transparent transactions.
With its comprehensive suite of services, ABX serves the needs of both individual investors and businesses operating within the precious metals industry.
ABX's trading platform, MetalDesk, claims to offer several advantages for investors and traders.
With real-time pricing and market depth for 326 products in 11 countries globally, users gain access to comprehensive market information to make informed trading decisions. The platform features a central limit order book and low latency order execution, ensuring efficient and transparent trading.
MetalDesk provides access to a global network of 11 trading hubs and delivery locations, enhancing liquidity and market access. With trading available 23 hours a day, 5 days a week, users can engage in trading activities at their convenience.
Additionally, MetalDesk offers multiple language support, vault contents management, full branding options for the trading platform, marketing documents and support guides.
Private client account management and finance management services further cater to the diverse needs of members within the MetalDesk ecosystem
ABX's customer service offers comprehensive support channels including phone, email, address, fax, contact us form, and active engagement on various social media platforms such as LinkedIn, Facebook and Twitter, ensuring accessibility and responsiveness for optimal customer satisfaction and assistance.
Australia:
Postal Address: GPO Box 569, Brisbane Qld 4001.
Phone:+61 7 3211 5007.
Fax:+61 7 3236 1106.
Email:Info@Abx.Com.
Thailand:
Postal Address: Level 9, Zuellig House, 1 Silom Road, Bangkok, Thailand 10500.
Phone: +66 (0)2 231 8171.
Email: Info@Abx.Com.
Postal Address: 1006, 12/F, BOC Group Life Assurance Tower, 134-136 Des Voeux Road Central, Hong Kong.
Phone: +852 3956 7193.
Fax: +852 3956 7100.
Email: Info@Abx.Com.
Cyprus:
Postal Address: Alexandrias 2-4 Bridge Tower, Office 101, CY-3503 Limassol, Cyprus.
Phone: +357 25262656.
Fax: +357 25560815.
Email: Info@Abx.Com.
In summary, ABX is an online brokerage firm registered in Australia while also operates in Thailand, Hongkong and Cyprus. It offers a wide range of trading instruments and services including trading, White Label Solutions, Electronic Vault Warrants – Coming Soon, Storage & Logistics, Clearing & Settlements for precious metals. However, it's crucial to note that ABX currently operates without valid regulations, raising concerns about its accountability and commitment to client safety.
Therefore, you should be cautious when deciding to trade with this broker and consider alternative brokers with established regulatory oversight to mitigate potential risks.
Q 1: | Is ABX regulated? |
A 1: | No, its been confirmed that the broker is currently under no valid regulation. |
Q 2: | Is ABX a good broker for beginners? |
A 2: | No, it is not a good broker because its not regulated by any authorities. |
Q 3: | Does ABX offer the industry leading MT4 & MT5? |
A 3: | No. |
Q 4: | What is the minimum deposit for ABX? |
A 4 | The minimum initial deposit of ABX depends on the metal you trade. |
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. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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