ABCFX.pro – Should you trust a broker who recently entered the CIS market?
Is this cheating? – rather, a well-developed tactical system that allowed the company to achieve great success in the European market.
ABC Group Limited has entered the market of the CIS countries and is trying to delight its customers with such amenities and innovations as:
- No hidden fees or commissions. Only fixed spreads.
- Everything is collected in one unique segregated account, which will allow customers to save time and always have the best purchase conditions.
- Large selection of instruments – over 400 of them!
- One of the best trading platforms is MetaTrader 5.
- Conditions that are suitable for traders with any deposit size.
- And now about everything in order: nta
Direction of the Company:
If you study the reviews about the broker “ABCFX.pro” or go to its official website, it becomes clear that it uses different categories of accounts to specifically target clients. In total, the company provides its services in 2 directions:
The first includes everyone who works with capital of less than half a million euros. They are called “Private Investors”. The second includes – “Professional Investors”. These include various investment funds, financial companies and large licensed traders – such organizations are required to have a minimum budget of 2 million euros, as well as have a turnover within the company over 40 million euros.
The company also allows the possibility of development for its clients, the “Private Investor” may eventually become “Professional”. This will happen if:
The total value of instruments in the portfolio of the “Private Client” will exceed € 500 thousand or the large trade turnover will remain unchanged for more than 10 quarters.
To change the category, just send a request to the broker.
The main advantage of not having an account is that everyone can trade under the same conditions. There are no special requirements for those with little money. Therefore, novice traders do not incur additional costs and the company earns on fixed spreads.
How does ABC Group Limited make money?
Many clients in their reviews of ABC mention fixed spreads for all available instruments. Of course, there are always those clients who are not satisfied with this, but do not forget that the intermediary (in this case, the brokerhttps://abcfx.pro) does not take absolutely any commissions apart from the margin. Accordingly, the expenses of the company’s clients are much lower than those of competitors. In the event that clients’ open positions move overnight, the trader pays the swap to the broker (premium). The business model is built in such a way that the client, being a trader in the company, does not feel any additional waste, and in this regard, all commissions are minimized, which allows the company’s clients not to feel any costs for swaps or commissions. It is also very important to note that the broker “ABC” does not charge its clients additional commissions for replenishment and withdrawal of funds from its segregated account – these operations are carried out at the expense of the company and the client does not incur any additional waste.
Difficulties in registration and trading?
The implementation of customer acquisition takes place through specially trained affiliate centers. Their task is to find both “Private” partners and “Professional” ones. The company is interested in continuous development and expansion, which is why qualified specialists of the company find new clients and offer them the company’s services. Such a specialist will explain the essence of this business model, and also tell you how to become a client of the company as soon as possible.
Since the Company is a licensed European broker, an account can be opened in euros. The broker supports the system of “fast replenishment” through payment gateways VISA / MASTERCARD, as well as the system of international transfers SWIFT and SEPA. Each client has the right to choose the payment gateway that suits him best, the only difference is that using cards, transactions are “instantly”, but a SWIFT / SEPA bank transfer can take up to 5 banking days. It is very important to realize that VISA / MASTERCARD card processing prohibits fraudsters from working through their systems.
The company also offers special services to “Private Clients” in terms of leverage. It reaches a parameter of 1: 200. In reviews of the ABC broker, current clients write that this Leverage parameter helps novice traders to increase their capital and quickly reach a specific level, thereby moving to a new level of trading. The minimum volume of positions is another nice plus that is available in the company for novice clients. This functionality allows you to open a sufficient number of transactions to distribute risks, and the maximum volume will pleasantly surprise true traders – it can reach up to 300 lots (this eliminates the need to limit yourself to small transactions and makes it possible to earn good money.
ABC is one of the many brokers that have begun to offer clients work with Contracts for Difference. CFD is the ability to trade almost any financial instrument without being the owner. From one account, you can earn both on stock exchange shares and on cryptocurrencies and other indices.