ABC Bullion foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.abcbullion.com.au/, about the company's legal and temporary regulatory information, the company's address 38 Martin Place, Sydney NSW 2000, Australia.
ABC Bullion, officially known as Australian Bullion Company (NSW) Pty Ltd, was established in 1972. The company is headquartered in Sydney, Australia, with additional offices located in Perth, Brisbane, and Melbourne. As Australasia's largest independent bullion dealer, ABC Bullion operates as a privately held entity under the Pallion Group, which is a prominent player in the precious metals market.
Over the years, ABC Bullion has developed a strong reputation in the industry, serving a diverse clientele that includes retail investors, self-managed superannuation fund (SMSF) trustees, financial advisors, high-net-worth individuals, and wholesale managed funds. The company has achieved several milestones, including its accreditation by the London Bullion Market Association (LBMA) and the Shanghai Gold Exchange (SGE), which underscores its commitment to quality and industry standards.
ABC Bullion primarily focuses on the retail market, offering a wide range of precious metal products, including gold, silver, platinum, and palladium bullion. The company's business model revolves around providing trading services, buybacks, and fully insured storage options, catering to both individual and institutional investors. This comprehensive offering positions ABC Bullion as a go-to broker for those looking to invest in precious metals.
ABC Bullion operates as an unregulated trading platform, which means it does not fall under the oversight of any financial regulatory authority. This lack of regulation presents potential risks for traders and investors. According to various sources, there are no valid regulatory licenses associated with ABC Bullion, and the company has not disclosed any regulatory numbers.
Given its unregulated status, clients should be aware of the implications regarding fund security and transparency. ABC Bullion does not participate in any investor compensation schemes, which further emphasizes the importance of conducting thorough due diligence before engaging with the broker.
To comply with anti-money laundering (AML) and know your customer (KYC) regulations, ABC Bullion has implemented a comprehensive customer due diligence program. This includes verifying the identity and monitoring transactions of clients to mitigate risks associated with money laundering and terrorist financing.
ABC Bullion offers a diverse array of trading products and services tailored to meet the needs of precious metal investors. The broker provides access to various currency pairs and CFD products, encompassing commodities, indices, and stocks. However, specific details about the number of currency pairs available are not explicitly mentioned in the sources.
In terms of precious metals, ABC Bullion specializes in:
ABC Bullion frequently updates its product offerings, ensuring that clients have access to the latest market instruments. The broker also provides retail trading services and has capabilities for institutional clients, though specific details on white-label solutions or asset management services are not provided.
ABC Bullion does not support MetaTrader 4 or 5, which are popular trading platforms in the industry. Instead, the broker offers a proprietary trading platform that is accessible via web browsers. There is no mention of a mobile application for trading on iOS or Android devices, which may limit accessibility for some traders.
The execution model employed by ABC Bullion is not explicitly detailed in the available sources, but it is implied that the broker facilitates trading through a standard market-making approach. The company operates its trading infrastructure from servers located in Australia, ensuring reliable performance for its clients.
While there is no information about API access or automated trading support, ABC Bullion does provide various tools and resources to assist traders in making informed decisions.
ABC Bullion offers a range of account types to cater to different trading needs. The standard account conditions include:
For advanced traders, ABC Bullion may offer specialized accounts, such as VIP or professional accounts, though details on these account types are limited. There is also mention of a demo account, allowing potential clients to practice trading strategies without financial risk.
The leverage ratios available to clients vary depending on the product being traded, but specific details are not provided. Additionally, the minimum trade size and overnight fees are not explicitly mentioned in the sources, highlighting the need for prospective clients to seek further clarification.
ABC Bullion supports a variety of deposit methods for clients looking to fund their accounts. These methods typically include:
The minimum deposit requirements may vary based on the account type, but specific figures are not provided in the available information.
Deposit processing times are generally prompt, although exact timelines are not specified. The broker may impose fees on deposits, particularly for credit card transactions, which could affect overall trading costs.
Withdrawal methods are not extensively detailed, but clients can expect standard practices in the industry. The processing time for withdrawals is also unspecified, and clients should be aware of potential fees associated with withdrawing funds.
ABC Bullion provides comprehensive customer support through multiple channels, including:
The service hours and time zone coverage are not specified, which may affect client accessibility. The broker appears to cater primarily to English-speaking clients, but the availability of multilingual support is not confirmed.
In terms of educational resources, ABC Bullion offers a variety of materials designed to enhance clients' understanding of precious metals and trading strategies. These resources may include webinars, tutorials, and e-books, as well as market analysis services that provide daily updates, research reports, and trading tools such as calculators and calendars.
ABC Bullion primarily serves clients located in Australia and New Zealand, with its main offices situated in major Australian cities. The company does not accept clients from certain countries, although specific regions or countries are not detailed in the available information.
The broker's operational restrictions may be influenced by its unregulated status, and potential clients should verify their eligibility before attempting to open an account.
In conclusion, while ABC Bullion offers a broad range of precious metal products and trading services, potential clients should be mindful of the broker's unregulated status and the associated risks. Conducting thorough research and due diligence is essential for anyone considering engaging with the ABC Bullion broker.
FX1384638630
Australia
ABC Bullion is a favourite among young brokers. Of course, it can hardly be called a favourite in terms of the assets range, but at least it doesn't delay payments and fool you. It doesn't feed you with tomorrow and doesn't promise what it can't fulfil. They take full responsibility for the safety of users' money, so I trust them.
Positive
2023-03-23