Abyss World Asset is an emerging financial trading platform with its domain registered on November 24, 2023. Although the platform claims to provide a variety of trading services such as foreign exchange, stock indices, precious metals, and cryptocurrencies, and holds regulatory certificates from the Cyprus Securities and Exchange Commission (CySEC) and the UK Financial Conduct Authority (FCA), this information has yet to be fully verified.
Background of Abyss World Asset:
The domain for Abyss World Asset was registered on November 24, 2023. Despite the platform's claim of being registered in the UK, checks with the Companies House reveal no registration information related to this company. This lack of transparency raises questions about the legitimacy and credibility of Abyss World Asset.
Regulatory Information of Abyss World Asset:
Abyss World Asset claims to offer various trading services, including foreign exchange, stock indices, precious metals, and cryptocurrencies. The platform also asserts that it holds multiple international regulatory certifications, including a CySEC regulatory certificate with the number 342/53 and an FCA regulatory certificate with the number 10023728.
Account Registration Process for Abyss World Asset:
- Visit the Abyss World Asset website and click on the register button.
- Fill out the application form.
- Submit identity verification/document verification.
- Deposit funds and start trading.
Account Types of Abyss World Asset:
Abyss World Asset offers various account types to meet the needs of different investors:
Standard Account:
- Minimum Deposit: $250
- Suitable for: Beginners or small-scale investors.
- Professional Account:
Minimum Deposit: $2500 - Suitable for: Traders seeking enhanced features and capabilities. This account offers advanced tools and analysis to optimize the trading experience.
- Advanced Account:
Minimum Deposit: $5000 - Suitable for: Traders aiming to expand their portfolios and maximize returns. This account provides additional benefits and privileges to support financial goals.
- Professional Account:
Minimum Deposit: $15000 - Suitable for: Experienced traders in need of top-level service and performance. This account offers exclusive features, personalized support, and elite trading opportunities.
VIP Account:
- Minimum Deposit: $50000
- Suitable for: Elite traders. This account provides unparalleled benefits, including priority access to market insights, customized trading solutions, and VIP events.
These account types offer diversified choices for investors with varying capital scales and trading needs.
Trading Software of Abyss World Asset:
Abyss World Asset serves its clients through its proprietary trading platform, Abyss WA. Abyss WA offers an intuitive, accessible, and efficient trading ecosystem designed to cater to various types of users.
Trading Products of Abyss World Asset:
Abyss World Asset provides investors with a wide range of market instruments across multiple categories. Clients can select from over 40 currency pairs for forex trading, taking full advantage of the forex market's vibrancy. Additionally, the platform offers extensive cryptocurrency trading opportunities, allowing investors to explore this rapidly evolving sector.
Global index trading is another component of Abyss World Asset's product offerings, giving clients exposure to markets across multiple economies. Besides indices, the platform offers precious metals trading, including gold, silver, and platinum, as well as commodities such as oil, natural gas, and various agricultural products.
Abyss World Asset also provides a rich selection of stock trading options, with over 3500 stock choices, helping investors diversify their portfolios and generate wealth. Through these diverse products, Abyss World Asset offers investors a broad array of market opportunities and flexible investment choices.
What are the Spreads, Leverage, and Commissions of Abyss World Asset?
Abyss World Asset provides flexible leverage settings to accommodate different investors' risk preferences and strategy requirements. For forex trading, the leverage is up to 1:500, while for CFD trading, the maximum leverage is 1:30. The platform offers competitive spreads and commission structures, with the EUR/USD currency pair spread ranging from 0.0 to 0.3 pips, and a standard CFD trading account spread of 1.1 pips.
What are the Deposit and Withdrawal Methods of Abyss World Asset?
Abyss World Asset offers various payment options, including Visa, MasterCard, bank transfer, M-PESA, and PayPal, ensuring quick transaction processing. Withdrawal requests submitted before 21:00 (GMT) will be processed the next day, and requests submitted before 07:00 (GMT) will be processed on the same day. Withdrawals can only be returned to a bank account with the same name as the Abyss World Asset account. International wire transfer fees are borne by the customer, typically around $20, with the withdrawal time being 3-5 business days, though delays may occur due to unforeseen circumstances.
Customer Support of Abyss World Asset:
Email:support@www.abyss-world-asset.com
Phone: +4 41212 696 139
Summary:
Abyss World Asset offers multiple account types, a wide range of trading products, and an intuitive proprietary trading platform, Abyss WA. However, investors should exercise caution regarding the platform’s regulatory information and conduct thorough research before investing funds. Choosing a transparent and regulated trading platform is key to ensuring the safety of funds and smooth trading operations. Abyss World Asset is listed as "Suspected Fraud" on TraderKnows.
