Review of the CFD broker ABC-Market: operating mechanisms and client reviews
Review of the official resource of scammers abc-market.trade
ABC-Market is a dubious CFD merchant. It is hard to believe that anyone would cling to this worthless project. But every day new angry reviews appear on the internet, exposing the scam of the pseudo-company. A fake license of questionable origin and no information on the official website – that’s all the “useful” offering of the scammers. Everything is hearsay: nothing specific, invented advantages, and a fake address. The inevitable question arises: why do traders fall for the false promises of abc-market.trade and, without hesitation, transfer money to scammers? This is what we will address in this review.
Representation of the official resource of the “scammers” abc-market.trade
Gathering data for the review, we decided to study the official website of the CFD-broker. What we saw amazed us, as there is practically nothing on the site. Everything is so dead that one could easily lose interest in the honest work of ABC-Market. The scammers limit themselves to fake advantages and a usual risk warning.
Users of abc-market.trade will not find here a legend of fictional victories of the company or reliable contacts. Educational materials are naturally absent. But what could be expected from an underground project?
The only thing the scammers spent money on is legal documentation. There is even a fake license on the site, but we will talk about it later. It is evident that they are trying to deceive us. Apparently, charlatans have decided that quotes by Benjamin Franklin at the bottom of the page would be enough to attract many gullible people willing to give away their savings.
Detailed analysis of the main information about the suspicious firm “ABC-Market”
The fraudsters did not bother to fill the informational void. The “About us” section is absent, as well as data on the firm’s creation date and headquarters location – it is a mystery. There is no doubt here: this is a scam project, and the reviews of former clients only confirm this.
We checked the age of the domain abc-market.trade to confirm the instability of the company. The site was created on February 24, 2020. Now everything is clear: newly created scammers themselves do not know how their suspicious organization should operate.
Another debatable circumstance is the license. Formally, this CFD broker acts under the control of the Commission for Control and Regulation of Financial Markets (CCRFM). But in reality, it is an empty sound. This company will not provide your protection, as it exists “on paper.” Relying on its legal assistance is not worth it. The certificate is a deception, a favorite trick of fraudulent companies that do not care about their reputation.
Provision of documents on the website of the scammers abc-market.trade
Of course, we could not pass by the abundance of agreements warning clients about possible risks. According to the review, these documents have a number of “pitfalls” that can only be identified upon careful examination. For example, in the client agreement, enraged scammers warn that they may restrict access to the client’s personal account at any time.
Also, the shady project reserves the right to instantly close any open transaction and liquidate the trading account without notice. In general, the scam project ABC-Market has unlimited powers that will eventually leave clients with empty pockets.
Analysis of the trading conditions of the pseudo CFD broker ABC-Market
The suspicious CFD broker decided to impress traders with a choice of fictional advantages that adorn the main page of the site:
- round-the-clock tech support,
- wide range of assets,
- instant funds withdrawal,
- management of trust management.
We believe, but customer reviews claim the opposite. The pseudo-company promises a modern platform and quality support, but in reality, it is just trying to lure us into a trap.
During the review, we did not see any details about the trading conditions. ABC-Market ignored this question, not even bothering to get information from fellow scammers. Deposit size, commissions, spreads, swaps, and leverage – questions with no answers.
The website abc-market.trade also talks about trust management, but no information is provided. An experienced trader will immediately understand they are trying to deceive him, a novice, probably will fall for the manipulations of the creators of the scam.
Registration process on the website of the suspicious CFD broker abc-market.trade: a review of the procedure
Registering on the fraudulent website is easy, as ABC-Market completely eliminates the hassle of filling out documents. Not surprising, as we are dealing with a regular scam that cares little about the safety of clients. You just need to fill out a simple form, indicating:
- name and surname,
- email address,
- password,
- phone number,
- country and city of residence,
- zip code,
- street and house number,
- date of birth,
- currency.
Functioning of the technical support of “ABC-Market”?
We reviewed reviews of deceived clients and found out that the fake CFD broker does not have technical support in the usual sense. In the “Contacts” section, only an email address is provided, but no one responds to messages. This spiritual company does not give victims a chance to get their money back.
The headquarters address on the abc-market.trade site is not provided, there is nowhere to call. The lack of clear communication channels is a typical solution for low-grade projects that allows reducing contacts with irritated traders.
Former clients’ reviews of the activities of the ABC-Market scam: analysis of opinions
The company has not existed for long, but already has numerous critical reviews, where victims of the scam share negative impressions of the collaboration. The firm ABC-Market promises golden mountains and assures users of unprecedented financial success. Unfortunately, this always turns into a nightmare, and the naive client loses all their savings.
For example, trader Rteoska has no doubts that ABC-Market is a typical scam. He shared his opinion in a review:
Unfortunately, client Evgenii also fell for the scammers’ hook and now cannot get his money back:
Another negative review of the broker ABC-Market’s activities:
Drawbacks of the ABC-Market scam: what is the essence of the deception?
ABC-Market is a deceitful CFD company, whose creators have no shame or conscience. First, they attract clients with beautiful stories of financial success, and then they block access to the account, taking all the money from the fraudster. A very familiar scenario, isn’t it? These intermediaries lack imagination, so they use a monotonous fraudulent scheme that only novices fall for. Charlatans only maintain the appearance of trading and activity, but when it comes to withdrawing funds, they suddenly cut off communication with the investor.
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Summary of the review of the fraudulent CFD broker ABC-Market
Following the review, we found that ABC-Market is a fake intermediary without a license and registration. This scam project indiscriminately publishes information about fake advantages and promises clients limitless success. Unfortunately, as a result of such collaboration, you risk losing your savings (as confirmed by client reviews). Therefore, we highly do not recommend dealing with abc-market.trade!