Absolute Markets' Website Is Temporarily Unavailable For Unknown Reasons. Therefore We Can Only Collect Some Relevant Information For Reference Only.
General Information
Absolute Markets, Under The Trade Name Absolute Markets LLC Is An Online Forex Broker Registered In Saint Vincent And The Grenadines That Claims To Offer Its Clients Access To Large Financial Marekts Through The Leading MT4 Trading Platform. Absolute Markets Offers Four Levels Of Trading Accounts With Maximum Trading Leverage Of Up To 1:1000, Which Is Ridiculously High.
The Broker Offers Various Account Types - Micro, Variable, ECN And VIP ECN, Each With Unique Features In Terms Of Minimum Deposits, Spreads And Commissions. In Addition, Islamic Swap-free Accounts And Demo Accounts Are Also Available. Traders Can Access The Market Through WebTrader And MetaTrader 4 Platforms. The Company Also Offers A Suite Of Trading Tools, Such As Economic Calendars, Trading Signals, Copy Trading, Algorithmic Trading And PAMM Accounts.
However, Potential Investors Must Proceed With Caution, As The Official Website Of The Company Is Reportedly No Longer Operational. In Addition, Absolute Markets Is Registered With St. Saint Vincent And The Grenadines, But The Registrar, SVG FSA, Is Not A Traditional Financial Regulator. The Lack Of Strict Regulation Can Create Risks To The Safety Of Funds.
24/7 Customer Support Via Live Chat And Email (but Not Over The Phone). Although Absolute Markets Does Not Provide Educational Materials, They Offer A Help Center That Provides Information On Account Management And Trading Strategies.
Market Tools
Absolute Markets Has Its Platform For Investors To Trade In A Variety Of Popular And Mainstream Financial Marekts, Including Over 200 Major And Minor Forex Currency Pairs, Cryptocurrencies, Stocks, Metals, Indices And Energy Stock CFDs. Investors Can Track Market Trends And Diversify Their Portfolios With Greater Flexibility.
Absolute Markets Offers A Variety Of Market Tools To Meet The Needs Of Different Types Of Traders. These Tools Cover A Variety Of Asset Classes, Providing Traders With A Wide Range Of Options To Diversify Their Trading Portfolios.
One Of The Primary Market Tools Offered By Absolute Markets Is, Forex. This Involves The Trading Of Various Currency Pairs, Which Is A Popular Choice For Traders Due To The High Liquidity And 24/5 Availability Of The Forex Market. Traders Can Take Advantage Of Fluctuations In Currency Exchange Rates To Profit.
In Addition To Forex, Absolute Markets Also Offers The Opportunity To Trade Contracts, Where The Difference Is (Contracts For Difference). CFDs Are Derivatives That Allow Traders To Speculate On The Rise Or Fall Of The Rapidly Changing Global Financial Marekt Price. This Means That Traders Have The Potential To Profit From Both Bullish And Bearish Market Conditions.
In Addition, Absolute Markets Offers, Digital Currencies, As Part Of Its Market Instruments. This Allows Traders To Participate In The Highly Volatile Cryptocurrency Market, Which Can Offer Great Profit Opportunities Due To Its Rapid Price Movements.
Finally, For Professional Traders, Absolute Markets Offers, Futures Contracts. These Are Legal Agreements To Buy Or Sell A Particular Commodity Or Asset At A Predetermined Price At A Specified Time In The Future. Futures Contracts Are Often Used For Hedging Risk Or For Speculative Purposes.
To Sum Up, Absolute Markets Offers A Complete Set Of Market Tools Suitable For Both Novice And Experienced Traders. Whether You Are Interested In Traditional Forex Trading, Want To Delve Into The World Of Cryptocurrencies, Or Prefer A Strategic Approach To Futures Contracts, Absolute Markets Has The Tools And Resources To Meet Your Trading Needs.
Account Types
In Addition To Demo Accounts, There Are Also Four Live Trading Accounts Designed For Retail And Professional Traders, Namely Micro, Variable, ECN And VIP ECN. The Minimum Initial Deposit Requirement Absolute Markets Seems Reasonable. In The Case Of Micro Accounts, It Is Only $50 To Start Trading And Seems To Be Friendly To Newbies. Variable Accounts Require A Minimum Deposit Of $100. The Last Two Accounts Ecn And Vip Ecn Require $500 And $5000 To Start Trading.
Micro Accounts: Micro Accounts Have A Minimum Deposit Of $50, Which Is Higher Than The Competition. Micro Accounts Operate On A Dollar Split, Allowing Traders To Gain Real Trading Experience With Lower Risk. Spreads Start From 1.4 Pips With No Commission Per Lot.
Variable Accounts: Variable Accounts Are Suitable For More Experienced Traders. It Offers More Competitive Spreads, Starting From 1.2 Pips. As With Micro Accounts, Variable Accounts Do Not Charge Commission Per Lot. The Minimum Deposit Requirement For This Account Type Is $100.
ECN Accounts: ECN Accounts Are Designed For Professional And Experienced Traders Who Need The Best Trading Conditions. This Account Type Offers The Narrowest Spreads, Starting From 0.1 Pips But With Commission Per Lot. The Minimum Deposit Requirement For An ECN Account Is $500.
Although These Accounts Are Set Up With Different Functions, They Share Some Basic Account Services, Such As Allowing Scalping/EA, 7x7 Online Support, Etc.
Overnight Interest-free Accounts Are Optional. Variable Accounts, ECNs, And VIP ECNs All Come With A Certain Amount Of Bonuses.
Such As How To Open An Account?
Step 1: Visit The Official Website Absolute Markets And Click "Start Trading" At The Top Of The Screen.
Step 2: Fill In Regedit. Provide Your First Name, Last Name, Email, And Phone Number. Create A Secure Password To Protect Your Account From Unauthorized Access. If You Are Registered With Absolute Markets At The Invitation Of A Client, Enter The Referral Code.
Step 3: Open A Real Account. Select The Account Type, Currency, And Maximum Leverage.
Step 4: Pass Verification.
Leverage
The Maximum Trading Leverage Offered By Absolute Markets Is Ridiculously High, Up To 1:1000 Leverage, And Up To 1:100 Leverage For Cryptocurrency Trading, Well Above The Appropriate Amount Considered By Most Regulators. Leverage Can Amplify Your Gains As Well As Your Losses, So Traders Need To Choose The Right Amount For Which They Feel Most At Ease.
Spreads And Commissions
First Of All, Spreads And Commissions Are Determined By The Trading Account. The More Equity Your Account Has, The More Competitive The Spreads You Can Enjoy. Micro And Variable Accounts Offer A Commission-free Trading Environment As Well As Average Spreads. ECN And VIP ECN Accounts Offer Raw Spreads As Low As 0.0 Pips With Commissions Of $10 Per Round And $7 Per Round, Respectively.
In Addition, You Can Also Check Out Some Of The Real-time Spreads Absolute Markets Listed On The Homepage. The Spread For The EUR/USD Currency Pair Fluctuates Around 0 Pips. Please Note That Prices Are For Informational Purposes Only And May Be Delayed.
Other Fees:Overnight Interest Fees (Overnight Interest Fees): If The Position Is Rolled Over To The Next Trading Day, The Broker Charges An Overnight Interest Fee. No Specific Amount Is Mentioned In The Source.
Deposit Fees: The Broker Does Not Charge A Deposit Fee.
Withdrawal Fees: Withdrawal Fees Depend On The Payment System Used. No Specific Amount Is Mentioned In The Source.
Inactivity Fee: An Inactivity Fee Of $5/EUR/GBP Will Be Charged After Six Months Of Inactivity
Trading Platform
As An Unregulated Forex Broker, Absolute Markets Still Offers Its Clients The Leading Mt4 Trading Platform That Can Be Accessed Via Desktop, Web And Mobile Devices. Mt4 Offers Easy-to-read Interactive Charts That Let You Monitor And Analyze The Market In Real Time. You Also Have Access To Over 30 Technical Indicators That Help You Identify Market Trends And Signals Of Entry And Exit Points. Some Of The Features And Functions Offered By Mt4 Include A Robust Security System And Multi-device Capabilities That Enable You To Trade With Confidence At Your Convenience.
Trading Tools:
Absolute Markets Equips Traders With A Powerful Set Of Trading Tools Designed To Enhance Their Trading Experience And Increase Their Potential For Success. These Tools Include:
Economic Calendar: Available On The WebTrader Platform, The Economic Calendar Provides Traders With A Comprehensive Timeline Of Major Financial Events That Could Affect Market Movements, Helping Them Plan Their Trading Strategies Accordingly.
Trading Signals: Absolute Markets Provides Trading Signals For Specific Currency Pairs Based On Moving Average Indicators. These Signals Provide Signals In 1-minute, 5-minute, And 15-minute Time Frames, Providing Buy And Sell Recommendations That Help Traders Make Informed Trading Decisions.
MT4 Copy Trading: With MQL5.community, Traders Can Choose To Follow The Strategies Of Successful Traders. By Paying A Subscription To The Selected Trader's Strategy, The Trader's Positions Are Automatically Copied Into The Subscriber's Account, Thus Enabling Them To Benefit From The Expertise And Success Of The Selected Trader.
Algorithmic Trading: Absolute Markets Supports Algorithmic Trading Through The Use Of Expert Advisors. These Are Specialized Software Programs Configured To Respond To Fluctuations In The Price Of Specific Assets, Enabling Automated Trading Based On Predefined Strategies.
PAMM Account: With Absolute Markets, Clients Have The Opportunity To Become Both An Investor And A Manager By Using A Pamm Account. Under This Arrangement, The Trades Made By The PAMM Manager Are Copied Into The Accounts Of The Associated Investors. The Profits Generated From These Trades Are Then Distributed To The Investors In Proportion To Their Deposits.
Deposits And Withdrawals
The Minimum Deposit Required To Start Investing Varies Depending On The Payment Method, Ranging From $1 To $200. Absolute Markets Allows Investors To Make Deposits Via Credit/debit Cards Such As Visa And Mastercard, Cryptocurrencies Such As Bitcoin, Ethereum, And Tether, Ecobank, Bank Transfer, Payredeem, Mobile Money, Perfect Money, And Virtual Payments. International Bank Transfer Deposits May Incur Some Fees, While Other Payment Methods Are Free. Processing Times Vary Depending On The Different Payment Methods.
Withdrawals Can Be Made Via International Bank Transfer, Load, Bitcoin, Ethereum, Tether, And Perfect Money. Withdrawals Are Usually $25, But Are $1 Via Perfect Money And $100 Via International Bank Transfer. International Bank Transfer Withdrawals Take 1-5 Days And Other Withdrawals Take 24 Hours.
If You Request To Withdraw Funds After No Trading Activity, We Will Charge You A Fee Equal To The Bank Charges Incurred, Or 3% Of The Amount Withdrawn.
Bonuses And Fees
Absolute Markets Claims To Offer A 30% Welcome Bonus For All Account Types Except Micro Accounts.
An Inactivity Fee Of $5/EUR/GBP Will Be Charged When An Account Is Deemed Inactive (no Trading Activity) For A Period Of 6 Months.
Customer Support
Absolute Markets Relies Heavily On Its FAQ Section And Chatbots To Assist Customers. Multilingual Support Staff Can Be Reached By Phone And Email Whenever The Market Is Open.
Here Are Some Contact Details:
Phone: (+ 61) 0493 516 132
Email: Info@absolutemarkets.com
Contact Form
Online Communication
Or You Can Also Follow The Broker Through Some Popular Social Media Platforms Such As Facebook, Instagram, Telegram And YouTube.
Company Address: Suite 305 Griffith Corporate Centre Kingstown St. Vincent And The Grenadines.
