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Is ABinvesting a scam or not?

by madhav joshi digital markting expert

Hub Investing Ltd. trades under the name of ABInvesting. Hub Investments Ltd. is a company incorporated under relevant laws obtainable in Mauritius and is regulated by the Mauritius Financial Services Commission. The registration number is 176512 GBC, while the license number is GB20025728. The company is found at the registered address 6th Floor, Tower 1, Nexteracom Building, Ebene, Mauritius.

In the regulator’s register, there’s no mention of either segregated account or negative balance protection.

ABinvesting is a very modern broker. The website is intuitive and investor-friendly - SSL encrypted. With this broker, the average trade execution time is less than 0.08 seconds. ABinvesting is also interested in cryptocurrencies.

ABinvesting accounts types

The different accounts have different characteristics.

Silver account

Fifth decimal place;
low spreads at 0.07;
maximum leverage 1:200.

Gold account

Free VPS;
Fifth decimal place ;
Dedicated account manager ;
Low spreads at 0.05 ;
Swap discounts 25% ;
Videos & webinars ;
Maximum leverage 1:400.

Platinum account

News;
Price alerts;
Fifth decimal place;
Free VPS;
Dedicated account manager;
Videos & webinars ;
Low spreads at 0.03 ;
Swap discount 50% ;
Maximum leverage 1:500.

Who are ABInvesting? Or What is AB investing?

As per standard practices, investing offers a demo account that helps you get used to live trading through simulations of real market conditions. For live trading, you may choose any one of gold, silver, platinum accounts. However, the categorisation and pricing of silver accounts leave something to be desired. Nevertheless, the higher your quality of experience, the higher you climb into live trading with investing.

Account opening

In order to open a live trading account, you need a minimum balance of $250. Account opening is simple. On the broker’s website, the homepage has the ‘Live Account’ button. You have only to enter your name, email, contact number, and password. Subsequently, you will be asked to enter your payment deals with your deposit amount. A verification form will accept proof of identity and residential proof.

ABinvesting concentrates on clients residing in Asia, Africa, and Latin America. In all likelihood, if you reside outside of these regions, you will not be accepted as a client.

ABinvesting Trading platforms

ABinvesting gives users two trading platforms.

Web platform

Impactful functionality user interface;
60+ analytical tools;
Instantaneous price alerts;
Downloads are not necessary.

MT4 trading platform

3 chart types;
9 timeframes;
Customisable interface;
Interactive charts.

Mobile platform

Clients may access their accounts on the go via the mobile trading app. The latter has features such as a customisable trading environment, access to real-time quotes, accessing more than 350 markets, one-tap trading.

ABinvesting Tradable assets

There are 350 plus tradable assets.

Mentionable especially are

45 plus forex pairs,
150 plus shares,
10 plus agricultural products,
16 plus indices,
7 plus metals,
3 plus energy,
50 plus cryptocurrencies.

Leverage

Forex 1:500 ;
Metals 1:125 ;
Indices :125 ;
Commodities 1:125 ;
Equities 1:50 ;
Cryptocurrencies 1:2.

Spreads, commissions, swaps differ with account type and tradable asset under consideration.

Fees and commissions

Spreads for gold and platinum accounts are below average. However, swap fees are made better up to 50%.

Deposit and withdrawal

The minimum investment to the tune of $250 makes trading accessible to all. There are several very reliable payment options. Deposits via credit card are fast if you are pressed for time.

ABinvesting presents varied fee-free options for deposits and withdrawals. Debit/credit cards and e-Wallets such as Neteller and Skrill are instances.

Clients may fund their accounts via the platform logged in by clicking ‘deposit’. Payments are generally immediate. Withdrawal is initiated by clicking on ‘Withdrawal’. Processing time is inside of 3 working days.

Is ABinvesting safe?

You must be asking if ABinvesting is safe for your funds.

ABinvesting is so much transparent with its legal credentials, it doesn’t fail to get noticed. There are replies to all the queries a prospective client could make right here in the following documents:

Safeguarding of client funds;
Rules of OTC Financial Instruments;
Risk Disclosure;
Complaint form;
Complaints handling policy;
Cookie policy;
Privacy policy;
Withdrawal policy;
Client agreement;
AML Policy;
Declaration of deposit.

What’s more, the broker takes steps to ensure the funds of clients remain secure.

Fund safety

Client funds are managed according to present Mauritian legislation and local Forex regulations.

Money laundering protection

ABinvesting ‘s anti-money laundering policy follows strict compliance with general laws, regulations, and principles.

ABinvesting has also implemented KYC procedures. The latter include

Customer identification,
Risk management,
Client risk categorisation,
High-risk account monitoring,

Data safety

Client data is encrypted and stored on secure servers. The broker uses secure connections. ABinvesting takes measures to sensitive information confidentiality as per the law.

How to use ABinvesting?

The broker offers CFDs on 350+ assets. The leading global markets are covered. As the broker website says, you can select your favorites and customise price change notifications. The tradable assets are spread over the following:

Cryptocurrencies

There are more than 30 crypto CFDs.

ABinvesting trades with cryptocurrencies have zero commission on deposits. There are no limits on the number of positions the trader opens. Moreover, there’s the facility to execute these trades on the web trading platform or mobile application.

The high-caliber tools given by the trading platform give traders an insight into expected ups and downs. Traders may use them for trades’ benefits.

The retail client leverage limit is 1:2, while that for professional clients is 1:1.

Forex

There are 45+ currency pairs. There’s maximum leverage of 1:500 and floating spread. Commodities and Indices

20+ commodities are tradable in the ABinvesting trading platform. The maximum leverage permitted for commodities trades is 1:125.

There are 16 index CFDs. There are 20 + asset CFDs.

Futures CFDs on indices and commodities permit an investor to gain leveraged exposure to the movement in the underlying Future’s value without the buying and selling of the underlying asset itself.

Their maturity date defines future CFDs. If the margin level goes below the 50% margin close out level, the client will take a margin call or stop out. Therefore, the position closes. Furthermore , the client never loses more than his trading account equity. Shares

There are 150+ stock CFDs. Therefore, maximum leverage provided in this case is 1:10.

Conclusion

ABinvesting is user-friendly and intuitive. What is ABinvesting? The broker’s website is very helpful in offering thorough details. We thus have an informed opinion before we start trading with this broker.

Is ABinvesting a scam or safe? ABnvesting is doubly assured regarding its regulatory status. Not only is it recognised by the Financial Services Commission, but the sister concern of its parent company, FXBFI Broker Financial Invest Ltd, is regulated by the Cyprus Securities and Exchange Commission - license number 315/16. That’s all the assurance we need!