ABTrades Forex Broker

ABTrades Review Summary Founded2011 Registered Country/RegionUnited Arab Emirates RegulationNo regulation Market InstrumentsForex, Indices, Commodities, Shares, Bonds, ETFs, Cryptocurrencies Demo Account/ LeverageUp to 1:300 Spread/ Trading PlatformABTrades WebTrader, MT5 Minimum Deposit/ Customer SupportLive chat, contact form Email: info@abtrades.com Address: Nassima Tower, Trade Center 1, Sheikh Zayed Road, Office 901) Regional RestrictionsJapan, Canada and the USAABTrades Information ABTrades was registered in 2011 and is based in the UAE, which is not regulated by any financial institutions. It has a lot of CFD trading products and two powerful trading platforms (WebTrader and MT5), but it doesn't make it clear how spreads work, how demo accounts work, or how to secure your money.Pros and Cons ProsCons Wide range of tradable instrumentsNot regulated Live chat supportLack of transparency Supports MetaTrader 5Regional restrictionsIs ABTrades Legit? ABTrades is based in the United Arab Emirates, yet there is no financial authority in the UAE that oversees it. WHOIS domain registration records show that the domain abtrades.com was registered on February 23, 2011, and is still operational. The last time the domain was updated was on January 29, 2024, and it will expire on February 23, 2026.What Can I Trade on ABTrades? With CFDs, ABTrades lets you trade a lot of different assets, such as FX, indices, commodities, shares, bonds, ETFs, and cryptocurrencies. Tradable Instruments Supported Forex✔ Indices✔ Commodities✔ Shares✔ Bonds✔ ETFs✔ Cryptocurrencies✔ Options❌ Futures❌Leverage ABTrades lets traders use leverage of up to 1:300, which means they can handle bigger positions with a smaller amount of money. High leverage can make earnings bigger, but it also makes losses much more likely.ABTrades Fees ABTrades' fees are usually in line with or a little cheaper than what other companies charge. This is especially true since they don't charge any fees for deposits or withdrawals.Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for ABTrades WebTrader✔Desktop, Mobile/ MetaTrader 5 (MT5)✔Desktop, MobileExperienced traders MetaTrader 4 (MT4)❌/Beginners