Absolute Markets Company

　　

Absolute Markets Company: A Comprehensive Overview

　　

Company Overview

　　

Founding Date and Background

　　Absolute Markets Company was established in 2021, aiming to provide a seamless trading experience for clients globally. The company was founded by a group of partners with over a decade of experience in the trading industry, who sought to address common issues faced by traders with other brokerage firms.

　　

Parent Company/Ownership Structure

　　Absolute Markets operates as a standalone entity without any publicly disclosed parent company. It is structured as a limited liability company (LLC), which is a common form of business structure in the financial services sector.

　　

Headquarters Location

　　The headquarters of Absolute Markets is located in Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. This location is notable for being a popular jurisdiction for online brokers due to its business-friendly regulations.

　　

Global Business Scope

　　Absolute Markets provides a range of trading services to clients worldwide, including forex, stocks, CFDs, and cryptocurrencies. The broker claims to support traders from over 170 countries, allowing for a diverse and extensive client base.

　　

Main Regulatory Bodies

　　Absolute Markets is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, it is important to note that the FSA does not regulate forex trading in the same manner as more stringent regulatory bodies like the FCA in the UK or ASIC in Australia.

　　

Company History and Development

　　

Key Milestones

　　Since its inception, Absolute Markets has focused on developing a robust trading platform and expanding its service offerings. Key milestones include the launch of its trading platform in 2021 and the introduction of various account types to cater to different trader needs.

　　

Business Expansion Journey

　　The company has gradually expanded its services, including the addition of cryptocurrency trading options and various account types, such as micro, variable, ECN, and VIP accounts. This expansion reflects the growing demand for diverse trading options among retail traders.

　　

Customer Base Growth

　　In its short history, Absolute Markets has reportedly attracted a significant number of clients, boasting a diverse customer base. The broker claims to have received positive feedback regarding its customer service and trading conditions.

　　

Platform Development History

　　Absolute Markets utilizes the popular MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced charting capabilities. The broker has invested in enhancing the platform's functionality to meet the needs of both novice and experienced traders.

　　

Important Awards or Recognitions Received

　　As of now, Absolute Markets has not publicly announced any significant awards or recognitions from industry bodies. However, the company's focus on customer service and trading conditions has garnered positive testimonials from users.

　　

Trading Services Offered

　　

Forex Trading Options

　　Absolute Markets offers trading in a wide range of currency pairs. The broker provides access to more than 200 major and minor forex pairs, allowing traders to engage in various trading strategies.

　　

Stock Trading Options

　　The broker allows clients to trade a selection of stocks, although specific details about the number of stocks available for trading are not explicitly stated. This inclusion caters to traders interested in equity markets.

　　

CFD Trading Products

　　Absolute Markets offers Contracts for Difference (CFDs) on various assets, including stocks, commodities, and indices. This allows traders to speculate on price movements without owning the underlying asset.

　　

Other Financial Instruments

　　In addition to forex and CFDs, Absolute Markets provides trading options for cryptocurrencies, commodities, and indices. This diverse offering enables traders to explore different markets and diversify their portfolios.

　　

Special Services or Unique Advantages

　　One of the unique advantages of Absolute Markets is its high leverage options, allowing traders to leverage their positions significantly. Additionally, the broker offers various account types to cater to different trading styles, including micro accounts with low minimum deposits.

　　

Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Absolute Markets is registered with the FSA of Saint Vincent and the Grenadines, but it lacks comprehensive regulation from more established financial authorities. This lack of robust oversight raises concerns about the safety of client funds.

　　

Legal Entity Structure by Region

　　The company operates under the legal structure of an LLC, registered in Saint Vincent and the Grenadines. This structure is common for brokers in this jurisdiction, which provides some level of legal protection but lacks stringent regulatory oversight.

　　

Client Fund Protection Measures

　　While Absolute Markets claims to segregate client funds, the absence of a regulatory framework means that there are limited protections in place compared to brokers regulated by more stringent authorities.

　　

Countries/Regions Served

　　Absolute Markets serves clients from various countries worldwide, focusing on regions where forex trading is popular. However, specifics regarding restricted jurisdictions are not clearly defined.

　　

Compliance History

　　The compliance history of Absolute Markets is not extensively documented, and there have been reports of customer complaints regarding withdrawal issues. This raises potential concerns about the broker's operational practices.

　　

Competitive Landscape

　　

3-5 Main Competitors

• FXTM (ForexTime): A well-established broker known for its extensive educational resources and competitive trading conditions.
• IC Markets: Known for offering low spreads and high liquidity, catering primarily to professional traders.
• Exness: Offers a wide range of trading instruments with flexible leverage options and a strong reputation for customer service.
• HotForex: Provides a variety of account types and a strong focus on client education and support.

　　

Positioning in the Industry

　　Absolute Markets positions itself as a broker that offers high leverage and a wide range of trading instruments, appealing primarily to retail traders. However, its lack of stringent regulation may hinder its competitiveness against more established brokers.

　　

Market Differentiation Factors

　　The primary differentiating factors for Absolute Markets include its high leverage options, low minimum deposit requirements, and diverse account types. However, potential clients should weigh these advantages against the risks associated with trading through a less regulated broker.

　　In conclusion, while Absolute Markets offers a variety of trading options and competitive features, potential clients should exercise caution due to the broker's regulatory status and the reported issues with withdrawals. Prospective traders are advised to conduct thorough research and consider their risk tolerance before engaging with the platform. For more detailed information, you can learn more.