About ABX TRADE
Overview
ABX TRADE is a trading name of ABX TRADE LLC, an entity registered in Saint Vincent and the Grenadines with a registered address at the Euro House, Richmond Hill Road, P.O. Box 2897, Kingstown. The company states it was founded in October 2019 and is based in Cambodia, though official incorporation records indicate a registration date of 12 May 2022.
The broker presents itself as an STP (Straight-Through-Processing) with NDD (No Dealing Desk) execution, targeting both retail traders and fund managers. However, due to a lack of independent web presence or verifiable domain, many operational details remain unconfirmed.
Regulation and Licensing
ABX TRADE holds no recognised regulatory licences from any major financial authority. Its registration in Saint Vincent and the Grenadines does not constitute financial regulation, as the jurisdiction does not mandate licensing for forex brokers.
This absence of oversight means client funds are not protected by any investor compensation scheme, and there is no independent dispute resolution mechanism. Traders should exercise extreme caution when considering this broker.
Account Types and Trading Conditions
According to internal records, ABX TRADE offers three account types: CENT, ECN, and STANDARD. All three have a minimum deposit of USD 10, making them accessible to small retail traders.
The CENT and STANDARD accounts provide leverage up to 1:500, while the ECN account offers a lower maximum leverage of 1:200. Such high leverage can amplify both gains and losses significantly, and is often associated with higher risk for inexperienced traders.
Instruments and Platforms
The specific trading instruments available at ABX TRADE are not listed in our records. Similarly, the trading platform(s) offered are unknown. Without this information, it is difficult to assess the broker's product range or technological capabilities.
Interested traders would need to contact the broker directly for details on available assets and platform compatibility. The lack of public data on these points is a notable gap.
Social Media and Transparency
ABX TRADE maintains a presence on Facebook and Telegram, suggesting some level of community engagement. However, these channels are not a substitute for a verifiable website with clear terms and conditions.
The company description indicates it is based in Cambodia, but the registered address is in Saint Vincent and the Grenadines. This discrepancy in location may raise concerns about the broker's true operational base and regulatory status.
Target Audience
The broker claims to serve both retail traders and professional fund managers, emphasising its STP/NDD execution model. The low minimum deposit of USD 10 appears tailored to novice traders.
Given the lack of regulation and limited transparency, this broker is not suitable for cautious or risk-averse investors. It may appeal only to those willing to accept significant risks in pursuit of high leverage.
Overview compiled by FXCanary from regulatory records and public data. full ABX TRADE review