ABInvesting review – What does this broker has to offer?
The Forex trading market is changing and developing every day. There are thousands of Forex brokers online right now, offerings services to traders globally. However, still, many traders are having a hard time finding a trustworthy Forex broker.
ABInvesting is a newly established Forex broker that has already managed to attract thousands of traders. The broker was created by a team of professionals in 2020. To find out what exactly this Forex broker offers, we have decided to review ABInvesting and find out what it is that makes this broker so popular among traders.
So, if you are looking for a new broker to start trading with, follow our review and find out everything that there is to know about ABInvesting and start trading today.
ABInvesting review – What can you trade at this broker?
ABInvesting offers its clients different types of trading assets. In total, the broker offers its clients as much as 350 trading assets. With ABInvesting, you can trade the following assets:
- Forex Currency Pairs
- Precious Metals
The Forex broker is very largely focused on trading Forex and it should not come as surprise at all. After all, Forex trading is the biggest financial market globally, attracting millions of traders every day. There are more than 45 currency pairs available at ABInvesting, including Major, Minor, and Exotic currency pairs. The Forex broker offers traders very tight spreads as well, which makes trading very comfortable and enjoyable for everyone.
Crypto trading is also very popular at ABInvesting. There are dozens of cryptos available for traders at ABInvesting, including Bitcoin, Litecoin, and many others. Trading at ABInvesting is conducted through CFDs, which means that you do not have to own the assets directly, rather, you can speculate on the possible price changes and trade that way. While doing so, you have the opportunity to make profits during both uptrend and downtrend.
You can also trade both hard and soft commodities with this broker. Soft commodities are the ones that are a product of the agricultural activity, while hard commodities require mining or similar activity. Soft commodities are those like coffee and wheat, while hard commodities include Gold, Silver, and Crude Oil.
ABInvesting review – Account types
To start trading Forex at ABInvesting, you will first have to create a live trading account. There are three major types of accounts available at ABInvesting for traders. You can use any of the following accounts while trading with this broker:
- Silver Account – Perfect choice for beginner traders
- Gold Account – Special services for intermediate traders
- Platinum Account – Amazing offerings for advanced traders
However, this is not all. There are other account types available at this broker as well. If you feel like you are not ready to trade Forex with your actual money, the Forex broker offers you a demo trading account. A demo account is a perfect choice for those who want to learn more about Forex trading and grow as traders.
While using this account, the Forex broker will give you a certain amount of virtual cash which can be used for trading. Although you can’t make any profits with this account, it still is used very frequently by traders. Many people have this misconception that only beginner traders can use a demo trading account, but this is not true at all.
Demo trading account can also be very beneficial for those who have already gained some experience in Forex trading. It can be a way to test out different types of strategies and find the one that works better for you.
Islamic trading account of ABInvesting
For those who follow the beliefs of the Quran, ABInvesting is offering the opportunity to create an Islamic version of any account type offered by the broker. Since it is restricted in the Quran to pay or receive any type of interest rate, the holders of this account do not have to pay any swaps. Because of this, the Islamic account is also many times referred to as the Swap-Free trading account.
How to create a live trading account at ABInvesting?
Creating a live trading account at ABInvesting is very easy and it just takes a few minutes. Although it is very easy to create a live trading account, you will still have to provide different types of documentation to prove your identity. This is required because of the Know Your Customer Policy.
After registering at the Forex broker, you will have to provide a copy of your passport or a national ID, and a copy of the utility bill. This way, you will be able to prove your identity and confirm your address.
Available leverage at ABInvesting
As you might already know, leverage is an integral part of Forex trading. However, as much as it can be helpful, it can also increase the risks that come with Forex trading. The leverage offered at ABInvesting differs according to several factors. It can go up to 1:500. It would be better to start using lower leverage at first, however, to make sure that you are staying safe. As you get comfortable with using leverage, you can increase it.
Depending on the trading account and the asset that you are trading, the leverage offered to you will be different. Forex traders are offered the highest leverage at ABInvesting. Our review of ABInvesting shows that if you are a Silver Account holder and you are trading currency pairs, you will be able to access leverage up to 1:200. Gold account holders will be able to trade Forex with leverage of 1:400, while the highest leverage is offered to Platinum traders, which stands at 1:500.
As for commodities, indices, and metals traders, the leverage is limited to 1:50 for silver account holders. If you decide to use a gold account, the leverage on a holding account will increase to 1:100 for these assets. For stocks trading, the maximum leverage for silver account holders is 1:20, gold account holders can trade stocks with leverage of 1:40, while platinum traders can trade stocks with 1:50 leverage. The lowest leverage is offered to stock traders and stands around 1:2.
Reviewing ABInvesting – The safety of your funds
While trading Forex, one of the most important things is the safety of your funds. Every trader should make sure that they are trusting a Forex broker that can offer them high standards of safety and security. There are several ways you can make sure that you are staying safe, one of them being only trading with regulated brokers.
As we were able to find out, ABInvesting is registered in Mauritius, which means that it is regulated by the Financial Services Commission of Mauritius. FSC has several requirements that ABInvesting is very strictly following. The broker keeps the funds of its clients on segregated bank accounts, and to do so, it is partnering up with some of the best international banks.
Account segregation is a very great tool to keep the funds of traders secure. This way, you can be sure that your funds are kept safe at all times. No matter what goes wrong, even if the broker decides to file bankruptcy, you will still be able to withdraw your funds.
How to deposit funds on ABInvesting?
ABInvesting offers its clients several different options when it comes to depositing funds. The broker does not charge any commissions for deposits or withdrawals, which an amazing thing because you will be able to use all of your funds to their fullest. Among the payment methods offered by the broker, you can find Credit/Debit cards such as Visa and MasterCard, or more modern, online payment solutions like Neteller for example.
The payments take very little time and most of them are done instantly.
Trading platforms of ABInvesting
The trading platform is an integral part of Forex trading. It is a place where you will be spending most of your time while trading Forex. Not only will you be opening and closing your positions at the trading platform, but you will also have the option to do your analysis. There are three ways you can access the Forex trading market with ABInvesting:
- MetaTrader 4
- Mobile Application
MetaTrader 4 is the best-known Forex trading platform globally. It was developed by a Russian company called MetaQuotes and has changed the game forever. MetaTrader 4 is used by a huge majority of all Forex brokers. According to some data, more than 90% of all brokers are using MT4 for trading.
Through MT4 ABInvesting is able to offer traders dozens of indicators and trading tools that are created to make trading easier with this Forex broker. You can easily download MetaTrader 4 from ABInvesting’s website, log-in, and start trading right away.
If you do not wish to download additional applications on your computer, ABInvesting also offers you the opportunity to use the browser-based platform, WebTrader. The WebTrader is based on the MT4, which means that the experience is very much the same. ABInvesting’s WebTrader is almost identical to MT4, which makes it very popular among traders.
Mobile trading at ABInvesting
Mobile trading has always been very popular. There are thousands of people who are using their mobile phones to trade Forex. It is especially popular among those who are constantly on the go. These people love mobile trading so much because it offers them the ability to always stay in touch with the market no matter where they are.
ABInvesting offers specially created trading applications to both iOS and Android users. The application can be downloaded from App Store or Play Store. It is very user-friendly and works perfectly.
Reviewing ABInvesting – Customer support
While trading Forex, many things might go wrong. Because of this, it is very important to make sure that you are using a broker that is ready to assist you in any situation. As we were able to find out, the customer support team of the Forex broker is full of professionals who are always ready to provide needed help to the clients of ABInvesting.
There are several different ways you can connect the customer support team of ABInvesting, including:
- Live Chat – Available on every page of the website
- Special hotline – +441214682461
- Email – support@Abinvesting.com
We tested out all of these three methods and were very glad to see how helpful they actually were. The live chat got back to us in just a few minutes and was very helpful. While calling the hotline, we were treated with much respect and the team was ready to give us very detailed information, which is a great advantage.
Learn more while trading with ABInvesting
While reviewing ABInvesting, we were very glad to see that this broker offers traders access to an amazing catalog of educational material. When it comes to Forex trading, the more you know, the better you can face the challenges that come with this market.
The educational material of ABInvesting is full of webinars, E-Books, and master classes created by the most experienced Forex traders. This means that you will be able to learn from people who are successful in this market. This is a very important thing because it makes the educational process in Forex trading much easier.
The best thing about this material is that it is full of information and can be very helpful for experienced traders as well.
Where are the services of ABInvesting available?
While working on our ABInvesting review, we found that the Forex broker mainly focuses on South America, Africa, and Asia. The website of the Forex broker is available in several different languages, which include English, Spanish, and Portuguese among many others. The customer support team of the broker is also available in several different languages.
Can ABInvesting be trusted?
After reviewing this Forex broker, we were able to find out that ABInvesting is a legit company. It offers traders access to more than 350 trading assets and is working very hard to make sure that the services that it offers are safe for traders. It follows the regulatory framework of FSC Mauritius and has adopted different types of policies to make trading safer.
The Forex broker also offers exceptionally good educational material. Because of this and many other reasons that we have already discussed throughout today’s review, we are able to recommend ABInvesting to our readers.