BrokersView has reviewed that ABBInvest is an Unregulated Forex Broker ABBInvest claims it is one of the largest investment companies in the capital market of Azerbaijan and it is a member of the Azerbaijan Baku Stock Exchange (BSE). When we searched in BSE, we did not find any match results to ABBInvest. Besides, BSE is the main stock exchange in Azerbaijan, which means BSE is not a financial regulator that approves licenses for forex brokers. So please beware of brokers making such claims since brokers eligible to offer derivatives services should have licenses approved by the financial regulator. The truth is, ABBInvest is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
ABBInvest
VisitRisk Level - High
ABBInvest
Risk Level - High
Scam Evidence & Warnings
Is ABBInvest a reliable broker to trade with? What are their main pros? Dear Investor, ABBInvest is not a reliable trading platform due to a lack of valid regulation. The broker claims to be based in Azerbaijan, offering CFD and forex trading services, and asserts that it holds a qualification certificate issued by the Central Bank of Azerbaijan (CBAR). However, upon searching the CBAR system, we found no records of any entity related to this broker. Furthermore, we must remind you that the CBAR does not issue licenses to retail forex brokers. Therefore, no localized retail brokers are licensed by the CBAR. Brokers conducting such activities in Azerbaijan are required to hold licenses from internationally recognized regulatory authorities. Evidently, ABBInvest essentially lacks any substantive regulatory oversight and is considered a high-risk platform. We strongly advise you to avoid engaging in any transactions with this broker to prevent potential financial losses. View Source
WeConnectFX Support
Try asking
Welcome to WeConnectFX Support
I can help with account setup, profile changes, navigation, support contact, and general platform questions.