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Pros

Diverse range of financial instruments, including forex, commodities, and cryptocurrencies, allowing for portfolio diversification.
Access to advanced trading platforms like MetaTrader 4 and MetaTrader 5, which offer sophisticated tools for traders.
Demo account option available for new traders to practice and develop their skills without risking real money.

Cons

Unregulated status raises concerns about client protection and the safety of investments.
High minimum deposit requirement of £1,000 may be prohibitive for beginner or small-scale traders.
Limited customer support channels, lacking instant communication options like live chat, which may delay response times.

Abans Group broker Accounts

Abans Group Account Type

Abans Group offers three types of trading accounts to cater to different trading needs and experience levels:

  • Standard Account
    • Minimum Deposit: $500
    • Spread: From 1 pip
    • Leverage: 30:1 to 200:1
    • Available Instruments: Forex
    • Commission: $2 per side per 1 standard lot
    • Negative Balance Protection: Yes
    • Execution Type: Market
    • Hedging: Yes
    • Professional Account
      • Minimum Deposit: $5,000
      • Spread: From 0.5 pips
      • Leverage: 30:1 to 200:1
      • Available Instruments: Forex, Commodities, Indices, CFDs
      • Commission: $2 per side per 1 standard lot
      • Negative Balance Protection: Yes
      • Execution Type: Market
      • Hedging: Yes
      • API Access: No
      • VIP Account
        • Minimum Deposit: $50,000
        • Spread: From 0 pips
        • Leverage: 30:1 to 200:1
        • Available Instruments: Forex, Commodities, Indices, CFDs
        • Commission: $2 per side per 1 standard lot
        • Negative Balance Protection: Yes
        • Execution Type: Market
        • Hedging: Yes
        • API Access: Yes

        Abans Group Broker Account Opening Process

        To open an account with Abans Group, follow these steps:

        • Visit the Website: Go to the Abans Group official website.
        • Select Account Type: Choose your preferred account type (Standard, Professional, or VIP).
        • Complete Registration Form: Fill out the online registration form with your personal information.
        • Verify Identity: Submit necessary identification documents for verification.
        • Make Initial Deposit: Fund your account with the minimum deposit required for the chosen account type.
        • Start Trading: Once your account is set up and verified, you can begin trading on the platform.
        • For more detailed information, you can visit the official website: Abans Group.

Abans Group accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Abans Group Account