ABK Markets Forex Broker

Note: ABK Marketss official website: https://abkmarkets.com is currently inaccessible normally.ABK Markets Review SummaryFounded2023Registered Country/RegionDominicaRegulationNot RegulatedMarket InstrumentsForex, Cryptocurrencies, Commodities, Indices, StocksDemo Account✅LeverageUp to 1:500SpreadEUR/USD spread varies depending on the account type; tighter spreads for VIP accounts.Trading PlatformMetaTrader 5 (Desktop, Mobile App)Min Deposit/Customer Support- Phone: +359 (2) 492 84 72- Email: info@abkmarkets.com- Registered Address: 40 Kennedy Avenue, Roseau, Dominica- Office Address: 3 Balsha Str., 1408 Ivan Vazov, Sofia, BulgariaABK Markets Information Founded in 2023 and headquartered in Dominica, ABK Markets uses MetaTrader 5 to trade stocks, FX, cryptocurrencies, commodities, indices. For traders of all stripes, it offers Gold, Platinum, and VIP accounts. Practice on a demo account; but, the platform's unmonitored status calls for security and openness issues.Pros and ConsPros Cons Wide range of tradable assetsUnregulatedAccess to MetaTrader 5Limited information about feesTailored account types (Gold, Platinum, VIP)Is ABK Markets Legit? ABK Markets situated in Dominica is uncontrolled. Neither the Australian Securities and Investments Commission nor the UK Financial Conduct Authority (FCA) approve it either. Registered on July 4, 2023 Abkmarkets.com will expire on July 4, 2028. Administrative statuses include clientDelete Prohibited, clientRenew Prohibited, clientTransfer Prohibited, and clientUpdate Prohibited limit unauthorised domain modifications.What Can I Trade on ABK Markets? A wide range of trading products in multiple asset types are accessible through ABK Markets.Tradable Instruments Supported Forex✔Commodities✔Crypto✔CFDs❌Indices✔Stocks✔ETFs❌Account Types Three active account categories are available at ABK Markets: VIP (custom reports and swap-free trading for pros), Platinum (reduced spreads for intermediates), and Gold (basic functionality for novices). For practice, a Demo Account is available; the VIP account serves Islamic traders with swap-free options. These stories attract to a broad spectrum of trading requirements and degrees of expertise.Leverage With leverage up to 1:500, ABK Markets allows traders to greatly increase the size of their positions. High leverage involves significant dangers, particularly for novice traders, even though it can boost profit possibilities.Trading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersMetaTrader 5✔Desktop, iOS, AndroidBeginners to experienced traders.Deposit and Withdrawal ABK Markets does not clearly disclose deposit or withdrawal fees. Supported payment methods include Visa, Maestro, PayPal, and American Express.