About AbacusOption
Who is AbacusOption?
AbacusOption is a financial services entity registered in the United States, with an official presence at abacusoption.com. The company was established on March 25, 2019.
Despite its registration, very little independent information is publicly available about the firm's operations, leadership, or specific services offered. The name suggests a focus on options or trading, but concrete details are lacking.
Regulatory Status
Our records indicate that AbacusOption holds no regulatory licence from any recognised financial authority. In the United States, forex and securities brokers are typically required to register with agencies such as the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC).
The absence of a regulatory licence is a significant red flag. Without oversight from a credible regulator, there is no independent mechanism to ensure client fund safety, fair trading practices, or dispute resolution. Traders should exercise extreme caution when dealing with unregulated entities.
FXCanary Risk Assessment
FXCanary has assigned AbacusOption a Scam Risk Score of 48 out of 100, indicating a 'Guarded' risk level. This score reflects the lack of regulatory oversight and the limited verifiable information about the broker's operations.
The score is not a definitive verdict of fraud but highlights potential risks. Traders are advised to conduct thorough due diligence before engaging with the platform, if at all.
Overview compiled by FXCanary from regulatory records and public data. full AbacusOption review