Abshire Smith Review – Is Abshire Smith Scam or a Proper Broker?

Abshire Smith Review

Forex trading is flourishing because of reliable brokers such as Abshire Smith. It is clear that people are drawn to the opportunity to try their fortune with currency trading based on the trillion-dollar annual revenue of the Forex market. Every day, hundreds of new people enter the market. To sign up with one or more of them, they search for brokers who fit their requirements. Read this Abshire Smith review to learn more.

Abshire Smith Regulation

In 2011, the brokerage firm opened its virtual doors to the world, and since then, it has expanded quickly. The FCA, the main financial regulatory authority in the UK, which oversees over 56,000 firms there, granted the broker a license and registered him with them.

Since many Forex brokers operate illegally or falsely claim to be licensed with a given regulatory organization, licensing is a major issue in the Forex industry. Abshire Smith is a regulated broker and will be held responsible by the regulatory authority in the hour of need.

The FCA strives to maintain the security of the British financial market and takes all necessary measures to eliminate wrongdoers. Abshire Smith successfully completed all of the FCA’s “tests,” demonstrating that they adhered to the strictest Forex standards while doing so and likely still do.

Trading Platforms

Finally, we discovered a broker that provides more than simply MT4. This broker includes the Meta Trader 4, which continues to be the most popular choice amongst traders and brokers. It provides more than 40 forex pairs and CDFs, but individuals who want to try something else have more options with Abshire Smith.

The VertexFX-10 and Straticator are two other platforms that Abshire Smith provides. The VertexFX-10 is renowned for having extremely low latency and quick executions. It is available in both a downloaded version and a web-based edition. You can trade more than 35 currency pairs and CDFs on this platform with Abshire Smith.

Since its 2012 introduction, the Straticator trading platform has evolved into a multi-asset platform. The necessary Abshire Smith phone applications are available for download on all mobile phones and are available for all platforms. We can observe that the broker has a wide range of platforms and is well-equipped.

Select the Right Account with Abshire Smith

This broker offers specialized account kinds to suit your trading preferences and financial constraints:

There are two types of accounts for individual traders: Standard and VIP.

• There is a $500 deposit needed for the Standard account.
• A $15,000 minimum deposit is required for the VIP account.
• Both accounts provide leverage of 1:200 and stable spreads.

The Abshire Smith corporate trading account is an organizational account for people that require exceptionally deep liquidity, including fund managers and investors. Additionally, a $500 deposit is necessary for this account. Not to forget the novices out there, Abshire Smith offers a demo account to anyone preparing to start their initial trading stage.

The Bonus At Abshire Smith

The welcome bonus is not offered by this broker. They occasionally hold promotions like trading competitions, but unfortunately, they don’t provide cash back or bonuses on deposits. However, the trading conditions like low commission and fee cover that lag in the bonuses area.

Funding Options: Deposits/Withdrawals

The more banking choices a broker provides, the better; they are included in the regular service package. Wire transfers, credit/debit cards, and third-party wallets such as Neteller, Skrill, and CashU are all accepted forms of payment for Abshire Smith. Withdrawals are processed rather quickly, typically on the same day. However, the period for receiving payments can be up to 7 working days because of intermediates like banks, credit cards, and e-wallets.

Customer Service

English and Arabic are both spoken by customer service representatives, who can only be reached by phone or email. All over the broker’s website, call-back and chat alternatives are advertised. Having access to one or two additional languages would be useful for business and likely attract new customers. All things considered, this brokerage seems promising and appears to provide a secure marketplace.

Conclusion

After reading this review, you will understand that this broker is transparent and offer great trading services to its traders.