About ABM Trades
Overview
ABM Trades is an online forex and CFDs broker registered in the United Kingdom. According to its official records, the company was founded on 14 August 2024 and is based at 55 Lime St, London EC3M 7DQ. The broker presents itself as a platform for trading a range of financial instruments, including commodities, stocks, indices, and more.
The broker's website, abmtrades.com, states that it offers its trading services through a proprietary Webtrader platform. However, as of our review, the site provides limited public information regarding account types, fees, or trading conditions. This lack of transparency is a notable characteristic of the broker's current market presence.
Regulation and Licensing
ABM Trades is not regulated by any financial authority. Our records confirm that the broker holds no valid licences from recognised regulatory bodies such as the Financial Conduct Authority (FCA) in the UK or any other tier-one regulator.
For traders, the absence of regulation means there is no external oversight of the broker's operations. Funds deposited with unregulated entities typically lack access to compensation schemes or dispute resolution mechanisms. This is a significant factor for any trader considering an account with ABM Trades.
Trading Instruments
The broker claims to offer trading in forex, commodities, stocks, indices, and other CFDs. These instruments are commonly available among retail forex brokers, but verification of the specific offerings is not possible due to the limited information on the website.
Industry databases suggest that ABM Trades may provide access to a range of asset classes, but without a live platform or detailed instrument list, the exact breadth of markets remains unclear. Prospective clients should seek clarification directly from the broker.
Account Types and Platforms
ABM Trades operates its own proprietary Webtrader platform, as stated on its website. This platform is exclusive to the broker's clients and is mentioned as the primary trading interface.
No information is publicly available regarding different account tiers, such as standard, premium, or Islamic accounts. The broker does not disclose minimum deposit requirements, leverage options, or spread structures on its site. This lack of detail makes it difficult for traders to evaluate whether the platform meets their needs.
Funding and Fees
The broker has not provided any information on its website about deposit or withdrawal methods, fees, or processing times. Common retail broker funding methods such as credit/debit cards, bank transfers, or e-wallets are not listed.
Similarly, there are no disclosed details about trading costs including spreads, commissions, or swap rates. Without this information, traders cannot assess the overall cost of trading with ABM Trades, which is a critical factor in choosing a broker.
Customer Support
ABM Trades' customer support options appear limited. The website does not prominently feature a phone number, live chat, or comprehensive contact form. The only contact method mentioned is a generic email address, which may not guarantee timely responses.
For an unregulated broker, responsive and reliable customer support is especially important. The current lack of multiple support channels raises concerns about the level of service traders can expect when issues arise.
Risk Considerations
Given the broker's unregulated status and the limited public information, trading with ABM Trades carries elevated risk. Our FXCanary Scam Risk Score of 75 out of 100 reflects these concerns, categorising the broker as a severe risk.
Traders should be aware that unregulated brokers are not subject to standard financial oversight, increasing the potential for issues such as withdrawal delays, unfair trading conditions, or outright fraud. We strongly advise exercising extreme caution and considering only regulated alternatives for any forex or CFD trading.
Overview compiled by FXCanary from regulatory records and public data. full ABM Trades review