ABinvesting Review: The leading financial broker ABInvesting started operating in 2021. ABInvesting is a trading name of Hub investments Pvt Ltd. and is based in Mauritius. The parent firm is regulated by the FCA (Financial Conduct Authority) of the country.
The broker offers its clients an option to trade on more than 350 CFD tradable assets. These assets include cryptocurrency CFDs, forex CFDs, stock CFDs etc.
Trading can be conducted on three different account types; Silver, Platinum and Gold. The maximum leverage for the retail clients is 1:30, and that for the professional clients is 1:500.
ABInvesting offers traders access to one of the best education and research materials. Forex traders can take their signals from the Signal Centre, which also provides alerts for markets other than forex.
ABInvesting Review: Pros & Cons:
- Commission-free trading
- Handsome range of tradable assets
- Good trading platform.
- Segregated accounts for traders
- Does not provide MT5
- Does not accept clients from the USA.
Is ABInvesting a scam: regulations?
The broker is not a scam broker as there are enough regulations representing the parent firm. The Financial Conduct Authority is one of the strictest bodies to impose harsh rules when it comes to customer satisfaction.
ABInvesting is the trading name of Hub Investments Pvt. Ltd., which is regulated by the FCA (GB20025728). Also, hub investments and FXBFI broker financial Ltd are parts of the same companies, and together, the group is regulated by the CySEC. Its registration number is 176512 GBC.
ABInvesting review: Trading Account types
ABinvesting offers three chief trading accounts.
- Silver Account.
- Platinum Account.
- Gold Account.
Each account comes with a distinct set of features. For Instance, the Platinum Account offers a 50% swap discount, and the Gold account offers a dedicated accounts manager with trading available up to the 5th decimal.
Let us look at the trading accounts in detail:
This is the account type most useful for a novice trader. Leverage is maxed out at 1:125 for this account type for trading in currency pairs. Leverage is considerably flat for this account, keeping in mind that the user might be new to trading.
- Max. Leverage: 1:50
- Min. leverage; 1:2
- Islamic Account available
- Hedging: Yes.
This account is designed for people who have spent some time in the market and know how things work. The leverage provided in this account is no different from that provided in the silver account. The Gold account also comes with a dedicated accounts manager and a 25% Swap discount.
- Max. Leverage: 1:50
- Min. Leverage: 1:2
- Swap Discount: 50%.
- Hedging: yes.
The Platinum Account is crafted for people who have known the markets for a long time. Veterans enjoy almost every service that the financial service provider can possibly offer. The Platinum Account holders are given the luxury of better leverage, Free dedicated account manager with webinars and videos.
- Max. leverage: 1:500
- Min. Leverage: 1:2
- Swap Discount: 50%
- Hedging: Yes.
ABInvesting review: Account opening:
The account opening process with ABInvesting is transparent and straightforward. Mostly everything can be done with a good internet connection and single clicks.
- Clients can visit the official website of the broker and click on sign up.
- After that, clients need to put in their personal information like a bank account number, id proof or address proof.
- When the primary documentation is complete, some more documents are required to be uploaded. For more details; Clients can visit the official website of the broker.
- After completing this, Clients need to fill up a questionnaire. This is because the broker needs to know the trader’s financial goals and look at the market knowledge they might hold.
ABInvesting Review: Trading Platform.
The broker provides three different platforms for trading; let us read about all of them in detail.
- Access to 350+ Assets.
- Wide range of technical analysis tools
- Ability to track trading history.
WebTrader comes with access to all the assets that the broker provides. The traders also have access to more than 60 technical analysis tools that they can use to book every scrap of profit and analyze their strategies for the market.
WebTrader also comes with the functionality to view the trading history to take appropriate actions in the future.
MetaTrader 4 Trading Platform:
MT4 is one of the most sought after and simple trading platforms that will ever be built. ABInvesting provides the platform for traders majorly trading in currency pairs.
The MT4 platform is taken as the reference model for a lot of indigenous trading platforms that brokers build.
Here are some key points about the MT4 trading platform.
- The trading environment can be customised to the max.
- Traders have access to real-time price quotes.
- Trading can be done with one single click.
- Access more than 350 assets.
ABInvesting Review: Mobile Application:
The mobile app that the broker provides is the app for the MT4 platform. The only difference between the web-based platform and the mobile application is that the application can be accessed from anywhere. This is especially needed for active traders.
The traders doing intraday need a better and a bigger screen because they need to be in the market for the whole day. The active traders, on the other hand, make a few trades every month. So, for that, a mobile application is enough.
ABInvesting Review: Tradable Assets.
The broker provides more than 350 CFD tradable assets for the traders to take over the market. Let us read about each of these assets in brief.
ABinvesting provides CFD trading on more than 45 Currency pairs, including exotic pairs like USD/GBP, USD/JPY etc. Trading in forex is all about liquidity and money-making. Currency trading can bring you what no other asset can.
The financial service provider offers more than 30 Cryptocurrencies that can be traded via its platforms. These cryptocurrencies are traded against fiat currencies, and that can itself be a forex transaction of its kind.
The crypto market is volatile, and whenever that is the case, money-making becomes easy.
More than 15 CFD tradable indices listed on the broker’s website are available for CFD trading. The list includes DAX 30, ASX 200, China enterprise 40 and a lot more.
Abinvesting provides stock CFD trading on more than 140 stocks that include the blue-chips like Amazon and Apple.
The traders can trade without any commission and instantly execute their trades with ABInvesting.
ABInvesting review: Commissions and Spreads:
The broker does not charge any commission when the traders buy or sell. Instead, ABInvesting earns via spreads. The earnings are dependent on the markets that the trader is trading on.
The spreads for the different accounts begin as follows:
- Silver Account: From 2.2 Pips.
- Gold Account:1.3 Pips.
- Platinum Account: from 0.7 Pips.
The spreads are also variable depending on the asset that the trader is trading on.
Let us have a look as to which asset is chargeable with how much spread.
The lowest that the broke goes with spreads while trading forex is .03, and the highest spread charged is 3.1
In commodities, the highest spread is 0.59, and the lowest is 0.37
ABInvesting review: Leverage.
The broker offers different leverage for different accounts and assets. The leverage is continuously variable. No two accounts or two assets will have the same leverage.
For Instance, the traders trading in forex, using the silver account, can use 1:125 leverage, and the traders trading in forex with the platinum account can use 1:500 leverage.
It has to be kept in mind that leverage is a two-way sword and will only amplify what is already there.
ABInvesting review: Deposit and Withdrawal.
The broker charges no commission for deposits or withdrawals. The process is simple. The client has to click on deposit to add funds and withdraw to take them out. There are various methods by which the traders can do this.
- Credit cards
- Debit cards.
Withdrawals may take 1 to 3 business days, depending on the associated bank.
ABInvesting Review: Education and research material.
Signal centre, one of the most innovative put forward by ABInvesting, helps traders catch trading signals for forex. The Signal centre can also be used for the commodity markets, indices and a lot more.
The broker also provides different types of research-based education material that the traders can look up to for further use.
The material comes in the form of:
- On-demand videos
- Economic calendar
- Season’s calendar.
ABInvesting Review: Customer Support:
The customer support provided by ABinvesting is multilingual, helping traders all across the globe. The customer care representatives are well versed with the conducted business.
- Email: [email protected]
- Phone: +441214682461
- Address: FSC House, 54 Cybercity Ebene, Mauritius.
The trading firm represented by Hub investments Pvt. Ltd is an entirely regulated broker and provides CFD tradable instruments to its clients. The broker is FCA regulated. With three chief trading accounts, the traders can trade over a plethora of markets.
The MT4 platform is the epitome for traders reading in currency pairs. The WebTrader platform is also good as it provides the traders with a lot of technical indicators and the ability to customise themselves to the core of customisations.