According to its website, it claims regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and European Securities and Markets Authority (ESMA). Upon investigation, no matching information was found in the CySEC and ESMA.
In addition, the Financial Conduct Authority (FCA) issued a warning against ABM Trades, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, ABM Trades is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds.
ABM Trades appears to be a scam.