Abeufx is a CFD brokerage firm whose official website domain was registered on July 24, 2024. It primarily offers trading services in financial derivatives such as foreign exchange, precious metals, crude oil, indices, and cryptocurrencies to both retail and institutional clients. The broker does not provide services to jurisdictions where such offerings might violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information from the Abeufx (abastrfx.com) website indicates that its headquarters are located in the United States, with branches in Australia and the United Kingdom. The broker claims to be regulated by the Australian Securities and Investments Commission (ASIC), the Financial Crimes Enforcement Network (FinCEN), and the National Futures Association (NFA), with the following identifiers: AFS: 001306059, MSB ID: 31000254471131, NFA ID: 0559040. However, ABASTR has not disclosed its full company name, registration country, or number on its website.
Verification reveals that the ASIC AFS number 001306059 corresponds to DEOASIS PTY LIMITED, whose license was suspended on April 1, 2024. FinCEN records show that MSB ID 31000254471131 belongs to DEOASIS LIMITED, which was listed on the FCA's investor warning list on January 29, 2024, for providing financial services products without FCA authorization. The NFA website does not list any entity with NFA ID 0559040. DEOASIS PTY LIMITED and DEOASIS LIMITED have websites at www.deoasisfx.com and www.deoasisfx.net, respectively, and are unrelated to Abeufx.
Additionally, Abeufx's website design and content closely resemble fraudulent broker websites such as stockfxmarkets.com, Gold Harbor Finance, trustwalletltd.com, prudential-ltd.com, fxdecodefxs, and ogm-fx.
Therefore, Abeufx (abastrfx.com) is essentially a fraudulent broker website with no corporate entity and no regulatory oversight.
Trading Instruments
Abeufx offers trading in financial derivatives including foreign exchange, precious metals, crude oil, indices, and cryptocurrencies.
- Forex: Provides dozens of major forex currency pairs, including EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals: Offers various spot metal trades: Gold (XAUUSD) and Silver (XAGUSD).
- Crude Oil: Offers US Crude Oil (UsOIL) trading.
- Indices: Provides trading in indices such as Nikkei 225 (N225), German DAX (GER30), and S&P 500 (US500).
- Cryptocurrencies: Offers trading in numerous major digital currencies, including Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), among others.
Account Opening Process
To open an account with Abeufx: Visit the broker's official website, click on "Open Account" at the top right corner, enter your email address and set a password. A verification code will be sent to your email, enter this code in the account application form and submit it. After submission, the account will be successfully registered. Post-login, complete the full KYC verification process to enable deposits and trading.
Trading Account Information
The Abeufx website only lists information on spreads, leverage, and contract sizes but does not disclose account types, trading commissions, minimum/maximum trade sizes, maximum position/order sizes, margin call/stop-out levels, or minimum price increments.
- Base Currency: USD
- Spreads: Floating spreads starting from 1 pip
- Leverage: 1:100 - 1:500
- Margin Call/Stop-Out Levels: 100%/50%
- Contract Size: 1 lot = 100,000 currency units
Trading Platform
Abeufx claims to offer the ST5 trading platform to its users, but no download link is provided; only a web-based version is available. This platform is predominantly used by fraudulent brokers.
Deposits and Withdrawals
Abeufx does not specify the supported deposit and withdrawal methods, fees, or minimum amounts on its website.
Summary
Traderknows alerts investors that Abeufx is actually a fraudulent broker website with no corporate entity or regulatory oversight. Additionally, the website offers only one means of contact, which is via email. Investors are advised to choose brokers that are transparent, strongly regulated, and reputable for their investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
