Abshire-Smith
1.0

Abshire-Smith

Closed broker

Cons
  • The broker is permanently closed

Established in: 2011

Regulation: Financial Conduct Authority FCA

Location: England

Abshire-Smith do not accept U.S. or Iranian residents of any kind (retail, professional, or institutional) as clients.

Trading instruments: foreign exchange (FX), contracts-for-difference (CFD), precious metals and soft commodities

Why Abshire-Smith?

  • The Broker is located within the heart of the city of London, are authorised and regulated by the Financial Conduct Authority and client funds are held in segregated accounts.
  • Professional and institutional traders may connect to our deep pools of liquidity through either an API or FIX connection.
  • Competitive Prime Brokerage solutions to institutional clients.Abshire-Smith is proud to offer swap-free (Shariah compliant) trading accounts to active trader on Metatrader 4 and VertexFX 10
  • Abshire-Smith can provide direct market access (DMA) for Forex FX, CFDs and equities.
  • Full access to global cash equities can be provided for institutional clients. 

Trading Accounts

Abshire-Smith offers trading accounts for each of our 3 trading platforms to meet different needs. The Forex Broker also provides free demo for clients to practice using our technology.

Live Trading Account

Opening a trading account with Abshire-Smith enables you to access the global financial markets. A fully completed application with the required supporting documentation will usually be opened within 1 hour during business hours.

Risk-Free Demo Account

If you are new to trading, or would like to familiarise yourself with our trading platforms we may provide you with a demo trading account. These use a simulated environment for you to test your trading strategies without any financial risk.

Corporate Account

Also known as an Institutional Account. A fully completed application with the required supporting documentation will usually be opened within 24 hours.

Trading Platforms Reviews

Abshire-Smith offers 3 proprietary trading platforms with dedicated servers and a choice of web, mobile, or downloadable platforms.

VertexFX 

Trade FX (35+ currency pairs) and CFDs on the VertexFX10 trading platform, for fast and efficient trade execution. We offer VertexFX 10 as a web based platform or desktop download. 

MetaTrader 4

MetaTrader4 (MT4) is offered by Abshire-Smith with access to FX (40+ currency pairs) and CFDs (Indices, Commodities, Metals and Energies). MT4 is available as a desktop download and also a mobile application (iPhone, iPad and Android) to help clients trade on the go.

Straticator

Straticator platform offers clients the ability to trade on exchange equities along with a DMA / ECN / STP / NDD FX model. The multi-asset platform is available as a web based platform and also a mobile application (iPhone, iPad and Android) to help clients trade on the go.

Account Types and Trading Conditions

Demo account: yes, limited for 30 days

Account base currency: USD

VPS: free

Account types: Mini ECN, Mini, Standard, VIP

Minimum trade lot: 0.1 lot

Spread types: Fixed

Spreads as low as 1.8 on majors

Leverage: up to 1:200

Currency pairs: 22

Margin call level: 5%

Stop out level: 5%

Hedging: allowed

Trailing stop: yes

Pending orders: yes

One click trading: yes

Mobile trading: yes

Automated trading: yes

Fee education material: available

Trading by phone: available

PAMM account: yes

Segregated client accounts: yes

Abshire-Smith Review: Funding

The accounts team regularly check with our banks and payment providers for cleared deposits to be allocated to a client’s trading account. To ensure that there isn’t a delay, please use a reference of your surname and account number.

Minimum deposit requirement: $500

Payment methods: CashU, Neteller, Skrill, Wire Transfer, Credit Cards

Customer Support and Educational Material

During this review, we have noticed that the broker’s website does not provide updated market analysis. The last available review of the market dated back to 2021! This is a red flag when it comes to scam brokers

Languages: English, Arabic, Chinese

Customer support: email, phone, skype, feedback form

Customer representatives are available online, email, phone and feedback form.

Is Abshire Smith Global Global?

Yes, Abshire Smith Global is global as Abshire Smith Global is available in over 193 countries.

Abshire Smith Global is a global trading platform in the sense that it operates in 193 countries including nations in Europe, Asia, Oceania, and Africa. Major countries Abshire Smith Global covers include the UK, Germany, Australia, South Africa, Thailand and China. Abshire Smith Global has a total of more than 10,000 users.

How was the rating of Abshire-Smith performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Abshire-Smith FX broker performance and features. 

Overall our online Abshire-Smith review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Abshire-Smith or you find inaccurate details Abshire-Smith broker review please get in touch with us and the changes will be applied.   

Payment methods: CashU, Neteller, Skrill, Wire Transfer, Credit Cards

1.0
Regulation and Security
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Platforms and Features
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Deposit and Withdrawal
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Educational Material
1.0 Overall Rating

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