ABSystem Review : Fees, Pros and Cons, Reviews by Real Traders

ABSystem

Operating status: SCAM

Website: https://absystem.pro/

Broker violations and abnormal records

Oct 03, 2021 The Spain CNMV Added ABSystem into Its Warnings
On 4 Oct 2021, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that ABSystem was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=absystem

On 4 Oct 2021, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that ABSystem was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=absystem
Oct 13, 2021 The Italy CONSOB Added ABSystem into Its Warnings
On 14 Oct 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that ABSystem was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/press-releases-2021

On 14 Oct 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that ABSystem was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/press-releases-2021
Dec 22, 2021 The Italy CONSOB Warned ABSystem Again
On 23 Dec 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that ABSystem was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/press-releases-2021

On 23 Dec 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that ABSystem was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/press-releases-2021
Dec 22, 2021 The Portugal CMVM Added ABSystem into Its Warnings
On 23 Dec 2021, the Portuguese Securities Market Commission (CMVM) issued a warning that ABSystem was not authorised to carry out any type of financial intermediation activity in Portugal. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20211223.aspx

On 23 Dec 2021, the Portuguese Securities Market Commission (CMVM) issued a warning that ABSystem was not authorised to carry out any type of financial intermediation activity in Portugal. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20211223.aspx
Dec 22, 2021 BrokersView has Found that ABSystem is Using a New Domain
BrokersView has found that ABSystem is using a new domain, https://absystem.world/, to scam.

BrokersView has found that ABSystem is using a new domain, https://absystem.world/, to scam.
Jan 19, 2022 The Italy CONSOB Warned ABSystem for the Third Time
On 20 Jan 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that ABSystem was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/press-releases

On 20 Jan 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that ABSystem was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/press-releases
Jan 19, 2022 BrokersView has Found that ABSystem is Using a New Domain
BrokersView has found that ABSystem is using a new domain, https://absystem.trade/, to scam.

BrokersView has found that ABSystem is using a new domain, https://absystem.trade/, to scam.
Oct 09, 2022 BrokersView has Reviewed that ABSystem is an Unregulated Forex Broker
ABSystem claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
Moreover, the broker has been warned for five times by three forex regulators, including the Spain Comisión Nacional del Mercado de Valores (CNMV), the Italy Commissione Nazionale per le Società e la Borsa (CONSOB), and the Portuguese Securities Market Commission (CMVM).
The truth is that ABSystem is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

ABSystem claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the broker has been warned for five times by three forex regulators, including the Spain Comisión Nacional del Mercado de Valores (CNMV), the Italy Commissione Nazionale per le Società e la Borsa (CONSOB), and the Portuguese Securities Market Commission (CMVM).The truth is that ABSystem is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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