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A Book Broker Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

A Book Broker Broker Review

1.54

WikiFX monitor

Business

Influence E

License

No license

A Book Broker Review 1

Latest All(1) Exposure(1)
Exposure

This cabdlestick must be counterfeit

สมพง พระประแดง
2021-05-24

  

A Book Broker 2025 Review: Everything You Need to Know

  

Summary

  A Book Broker has garnered mixed reviews, with significant concerns regarding its regulatory status and user safety. While it offers a range of trading instruments and utilizes the popular MetaTrader 4 platform, the lack of regulation raises alarms about fund security and transparency. Users have reported both positive experiences with customer support and skepticism about the broker's legitimacy.

  Note: It is crucial to recognize that A Book Broker operates under different entities across regions, which may affect its regulatory compliance and user experience. This review aims for fairness and accuracy in evaluating the broker's offerings.

  

Rating Box

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 7
Trading Setup (Experience) 5
Trustworthiness 3
User Experience 6

  We score brokers based on user feedback, expert opinions, and factual data from multiple sources.

  

Broker Overview

  Founded in 2020, A Book Broker is based in Saint Vincent and the Grenadines. The broker provides access to a variety of trading instruments, including currencies, indices, and ETFs, primarily through the MetaTrader 4 platform, which is favored for its user-friendly interface and robust features. However, the broker operates without any recognized regulatory oversight, raising significant concerns about the safety of client funds and transparency in operations.

  

Detailed Sections

  

Regulatory Landscape

  A Book Broker operates in a high-risk regulatory environment, with no valid regulatory licenses from recognized financial authorities. This lack of regulation poses a considerable risk for traders, as there are no protective measures in place to safeguard their investments. According to sources, the broker claims to be licensed in Kazakhstan, but this assertion lacks verification, with no records found under the provided license number AfterYourMoney.

  

Deposit/Withdrawal Methods and Currency

  The broker supports various deposit and withdrawal methods, including bank transfers and cryptocurrency options like Bitcoin and Ethereum. However, specific details regarding transaction fees and processing times remain unclear, which may deter potential clients from engaging with the platform.

  

Minimum Deposit

  The minimum deposit requirement for opening an account with A Book Broker is reported to be around $100, which is relatively low compared to other brokers in the market. This accessibility may attract new traders looking to enter the forex market with minimal financial commitment.

  

Bonuses/Promotions

  There is limited information available regarding any bonuses or promotional offers provided by A Book Broker. The absence of such incentives could be a drawback for traders seeking additional value from their broker.

  

Tradable Asset Classes

  A Book Broker offers a diverse range of tradable assets, including major currency pairs, indices, and ETFs. This variety allows traders to diversify their portfolios and engage in different market segments. However, the lack of cryptocurrencies and commodities may limit options for some traders.

  

Costs (Spreads, Fees, Commissions)

  The broker claims to offer low spreads, but specific details on the commission structure are scarce. Users have expressed concerns about hidden fees, which could significantly impact overall trading costs. According to WikiFX, the broker's maximum leverage is reported to be 1:400, which is attractive for high-risk traders but also raises concerns about the potential for significant losses.

  

Leverage

  A Book Broker offers leverage up to 1:400, which can amplify both profits and losses. While high leverage is appealing for experienced traders, it poses a risk for beginners who may not fully understand the implications of leveraged trading.

  

Allowed Trading Platforms

  The broker primarily utilizes the MetaTrader 4 platform, widely recognized for its robust features and user-friendly interface. However, the absence of the more advanced MetaTrader 5 platform may limit options for traders seeking more sophisticated trading tools.

  

Restricted Regions

  There is no clear information regarding the specific regions where A Book Broker is restricted. However, the lack of regulation may pose challenges for traders in jurisdictions where regulatory compliance is mandatory.

  

Available Customer Service Languages

  A Book Broker provides customer support primarily in English, with additional support available in simplified Chinese. The availability of multiple languages may enhance the trading experience for a broader audience, but the overall quality of customer service remains a concern.

  

Repeated Rating Box

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 7
Trading Setup (Experience) 5
Trustworthiness 3
User Experience 6

  

Detailed Breakdown

  

Account Conditions

  A Book Broker's account conditions are relatively standard, with a minimum deposit of $100. However, the lack of information on account types and features raises concerns about the broker's transparency.

  

Tools and Resources

  The broker offers basic trading tools such as an economic calendar. However, the absence of advanced analytical tools may hinder traders looking for comprehensive market insights.

  

Customer Service and Support

  Users have reported satisfactory experiences with customer support, highlighting prompt responses to inquiries. However, the overall trustworthiness of the broker remains questionable due to its unregulated status.

  

Trading Setup (Experience)

  The trading experience on the MetaTrader 4 platform is generally positive, but concerns about the broker's regulatory compliance overshadow user satisfaction.

  

Trustworthiness

  The trustworthiness of A Book Broker is significantly low, primarily due to its lack of regulation and questionable claims regarding licensing. Users are advised to exercise caution when considering this broker.

  

User Experience

  Overall, user experiences appear mixed, with some users appreciating the platform's functionality while others express concerns about fund safety and the broker's legitimacy.

  In conclusion, while A Book Broker offers some attractive features, potential clients should carefully consider the significant risks associated with trading with an unregulated broker. Thorough research and due diligence are essential before making any financial commitments.