About Abraj Trade
About Abraj Trade
Abraj Trade is a forex and CFD broker registered in the Marshall Islands. The company was established on 12 October 2019 and operates under the corporate name Fastweb Ltd., with its official website at fastweb-ltd.com. As a retail-focused brokerage, it offers standard, pro, and VIP account types, though it does not publicly disclose the minimum deposit requirements for these accounts.
According to the information available, Abraj Trade provides trading with leverage up to 1:200 across all account tiers. However, the broker does not list the specific instruments, trading platforms, or payment methods it supports. This lack of transparency makes it difficult for prospective traders to evaluate the broker's offerings.
Regulation and Safety
Our records show that Abraj Trade holds no regulatory licenses from any recognized financial authority. The broker is registered in the Marshall Islands, a jurisdiction known for minimal oversight of financial services firms. The absence of regulation means there is no external supervision of the broker's operations, and client funds are not protected by any investor compensation scheme.
Traders should exercise extreme caution when dealing with unregulated brokers such as Abraj Trade. The FXCanary Scam Risk Score for this broker is 85 out of 100, indicating a severe risk level. This score reflects the significant hazards associated with trading through an entity that is not subject to regulatory scrutiny.
Account Types
Abraj Trade offers three account types: Standard, Pro, and VIP. All accounts provide maximum leverage of up to 1:200. The broker does not specify the minimum deposit for any of these accounts, nor does it provide details on spreads, commissions, or other trading conditions.
Without concrete information on account features, it is unclear whether there are meaningful differences between the account types. Typically, Pro and VIP accounts might offer lower spreads or additional services, but Abraj Trade has not made such details publicly available.
Instruments and Platforms
The broker has not disclosed the range of tradable instruments on its website. It is unknown whether Abraj Trade offers forex, commodities, indices, cryptocurrencies, or other asset classes. Similarly, no information is provided about the trading platforms available, such as MetaTrader 4 or 5, cTrader, or a proprietary platform.
This lack of transparency severely limits the ability of traders to assess whether the broker meets their trading needs. The absence of platform and instrument details is a major red flag for any brokerage.
Conclusion
Abraj Trade is an unregulated broker based in the Marshall Islands with limited public information. Its offerings, including account types, instruments, and platforms, are poorly documented. The high scam risk score of 85/100 reflects the dangers of trading with such a broker.
Traders are strongly advised to avoid this broker or, at a minimum, conduct thorough due diligence before depositing any funds. The lack of regulatory oversight means there is no recourse if issues arise.
Overview compiled by FXCanary from regulatory records and public data. full Abraj Trade review