ABASTR Forex Broker

ABASTR Information Abeufx is a new brokerage firm that was founded in the year 2024. They offer 100 + financial instruments including forex, indices, and more through the ST5 trading platform and a demo account. Yet the leverage and spread rates are missing. Besides, there are no sufficient legal prescriptions for the state regulation of ABASTRs activity.Pros and Cons Pros Cons Offers an easy-to-use platform with ST5 Lack of regulation Offers a demo account for newcomers Limited information on spreads, commissions, and leverage Offers multiple assets to trade Limited information on deposit and withdrawal feesIs ABASTR Legit? There is no regulatory body to oversee ABASTR's operation. Such absence of rules places investors at a higher risk. The domain abastrfx.com was registered on July 24, 2024, on Whois, but it is currently in a status where the owner has prohibited domain transfers.What Can I Trade on ABASTR? ABASTR offers 100+ tradable assets, including forex, synthetic indices, stocks, and cryptocurrencies. Tradable Instruments Supported Forex✔ Stock✔ Indices✔ Cryptocurrency❌ Shares❌ Metals❌Account Type ABASTR offers a single accounttype for different global investment options. It also includes a demo account for newcomers for practice.Trading Platform Trading PlatformSupported Available Devices Suitable for ST5✔PC and mobileInvestors of all experience levels MT5❌PC and mobileInvestors of all experience levelsDeposit and Withdrawal ABASTR provides digital currency deposits and fast withdrawals in multi-national banks. However, the minimum amount and required fees for deposits and quick withdrawals are not specified.Customer Service You can reach out to ABASTR's support team via live chat 24/7 orby email at support@abastrfx.com Contact Options Details Phone❌ Emailsupport@abastrfx.com Support Ticket System❌ Online Chat✔ Social Media❌ Supported LanguageEnglish Website LanguageEnglish Physical Address❌The Bottom Line ABASTR has a functional and cheerful design as a part of the ST5 platform, on which the user can trade in various assets, and even create a demo account. However, the disadvantage is no regulation This is the biggest risk to investors money. Besides, there is no fee information for trading. ABASTR may only be most useful for trading by those who are already experienced and in a position to gather enough information on their own.FAQs Is ABASTR good for beginners? No, it is not for beginners because of the no legislation governing it and the relative danger of the investment. Is ABASTR good for day trading? Lack of compliance has been a major worry along with very little information on the amount of fees charged. Consider regulated platforms with robust security measures for day trading. Is it safe to trade with ABASTR? Trading with ABASTR involves a lot of risk given that the company is not regulated. Only invest in ABASTR if you understand the risks.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client. Please understand the risks involved and notice the information above provided in this review may be subject to alteration.