Abstract:abc group, a trading name of ABC Group Limited, is allegedly a suspicious regulated forex broker registered in Saint Vincent and the Grenadines and regulated by the Fiji Island Financial Monetary Authority (FFMA) with regulation number: FU3371622 AA BT6315. The broker claims to provide its clients with diverse tradable financial instruments with flexible leverage up to 1:100 on the industry-standard MetaTrader5 and Web Trader trading platforms, as well as 24/7 customer support service.
General Information & Regulation
abc group, a trading name of ABC Group Limited, is allegedly a suspicious regulated forex broker registered in Saint Vincent and the Grenadines and regulated by the Fiji Island Financial Monetary Authority (FFMA) with regulation number: FU3371622 AA BT6315. The broker claims to provide its clients with diverse tradable financial instruments with flexible leverage up to 1:100 on the industry-standard MetaTrader5 and Web Trader trading platforms, as well as 24/7 customer support service.
Market Instruments
abc group advertises that it mainly offers four different asset classes in financial markets, including commodities, forex, indices and stocks.
Account Types
Apart from demo accounts with a virtual fund of $1,000,000, it seems that only one live account type is provided by abc group. The broker didnt directly reveal any specific information about the minimum initial deposit requirement to open an account.
Leverage
The flexible leverage ranging from 1:1 to 1:100 is offered by abc group. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Trading Platform Available
Platforms available for trading at abc group are MetaTrader5 and Web Trader. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
abc group works with bank wire transfers and credit/debit cards such as MasterCard and Visa. Withdrawals usually require 2-10 business days to be credited to your bank account, while withdrawal funds will be credited to your account within 3-7 working days (depending on your card provider). Note that funds deposit and withdrawal are only available for clients who have been identified and assessed by the broker.
Customer Support
abc groups customer support can be reached by telephone: +442080899596, email: customer.service@abcfx.eu. Company address: Suite 305, Griffith Corporate Centre P.O. St. Vincent Grenadines Box 1510, Beachmont Kingstown.
The main trading dashboard account of a trader for LQH Markets was completely deleted by a broker. The trader is not being offered any access to their funds or profits. This incident shows the risks of trading markets and brokers and the importance of protecting your funds without relying on any broker.
According to report, the Cyprus Securities and Exchange Commission (CySEC) announced today that it has entered into a settlement agreement with ZFN EUROPE Ltd for the amount of €20,000. This settlement resolves a regulatory inquiry into ZFN Europe’s compliance with Cyprus’s Investment Services and Activities and Regulated Markets Law of 2017, as amended.
PrimeXBT launches stock CFDs on MetaTrader 5, offering shares of major U.S. companies with crypto or USD margin for enhanced multi-asset trading.
FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.