AbacoFund Company Overview
AbacoFund offers the opportunity to dive into the world of trading for traders of all levels, including beginners. The company, registered on the website abacofund.com, has been trading for 4 years and actively develops its own trading platform.
The Abaco Fund website is translated into 7 languages, including Russian. The company’s legal address is listed as 117 Flood St, Leichhardt NSW 2040. Despite the absence of a country indication, it is possible that the company is based in Leichhardt, Australia. The website footer lists the company’s licenses from three other countries: Belize, the Republic of Cyprus, and Mauritius.
AbacoFund Trading Opportunities and Platform
In the “Markets” section, the broker offers six categories of assets:
- currency pairs,
- decentralized digital currencies,
- indices,
- company stocks,
- precious metals,
- commodities, including energy sources.
The total number of assets is not specified, and only brief descriptions are available for them.
AbacoFund Trading Accounts
The “Easy Start” account requires a minimum deposit of $1,000. There is no demo version on Abaco Fund, making it the most accessible way to get acquainted with the trading platform. The leverage is up to 1:20, and only currency pairs and stocks are available.
The “Confident Trader” account requires investments starting from $25,000. The leverage is 1:50, allowing investment in PAMM accounts, trading with precious metals and cryptocurrencies not available on the “Easy Start” account.
The “Professional Investor” is the most expensive account with a threshold of $60,000. Clients are promised reduced transaction fees, access to all types of assets, services of a personal manager, and the opening of a personal PAMM account.
Depositing and Withdrawing Funds from AbacoFund
There is no information on the abacofund.com website regarding the fund withdrawal process or available payment channels. To obtain this information, it is necessary to request a personal consultation or register an Abaco Fund personal account. The client agreement specifies the available methods for depositing and withdrawing funds through bank cards, electronic payment systems, and wallets.
Conclusion
AbacoFund offers its services in the trading market, but clients should exercise caution. The company does not provide enough information about trading conditions and fund withdrawals, and also requires a minimum deposit upon the initial provision of a unique platform. It is recommended to consider other trading options.