Abbott Futures

edgeisedge

1-2 anos

Are there any inactivity fees imposed by Abbott Futures, and under what circumstances do they apply?

WikiFX Resposta

Based on my careful review of the available information about Abbott Futures, I was unable to find any clear details regarding inactivity fees, or the specific conditions under which such fees might be imposed. In my experience, the absence of transparent information about account-related costs—including inactivity charges—raises potential concerns, particularly for traders who may not be active every month. Furthermore, Abbott Futures is flagged as having a suspicious clone license from the NFA, and there is a general lack of transparency regarding many of their trading conditions and account structures. As someone who prioritizes regulatory clarity and open disclosure, I approach such ambiguity with caution. In my view, it is essential for any broker to provide explicit fee schedules and clear terms around account maintenance to avoid any unexpected charges. Given the high potential risk tags and the fact that most key terms, including inactivity fees, are not disclosed, I would personally avoid trading with Abbott Futures until more verifiable information is published directly by the company or regulatory bodies. For me, this level of uncertainty does not align with prudent risk management.

Broker Issues

Abbott Futures

Fees and Spreads

09-02

Estados Unidos

Darren Ross

1-2 anos

Can you tell me the typical spread for the EUR/USD currency pair when trading with a standard account at Abbott Futures?

WikiFX Resposta

As an independent trader, I have to approach Abbott Futures with a high degree of caution, especially given the available context. My review centers on due diligence and risk—two lessons often learned the hard way in this business. To the best of my experience, when researching a broker, the first things I look for are detailed transparency about trading conditions, particularly common points like typical EUR/USD spreads. Unfortunately, with Abbott Futures, I found a concerning lack of this essential information. Their publicly available data does not disclose any specifics about forex spreads, account types, or even whether they actively support forex trading for standard accounts. In fact, it appears that their offering is limited almost exclusively to global commodities, with forex trading absent from their product lineup. Even more significant for me is the warning around their regulatory status—they currently operate with a suspicious clone license of the NFA and have been subject to regulatory actions, including fines and restitution orders. My personal policy is to avoid any broker where either regulatory legitimacy or basic trading details are unclear. Without verified spread information for EUR/USD—or even confirmation that forex is accessible at all—I would not risk capital or recommend engagement with Abbott Futures for this purpose. For spread-sensitive instruments like EUR/USD, clear, regulated alternatives are readily available and much safer for my peace of mind.

Broker Issues

Abbott Futures

Fees and Spreads

08-30

Estados Unidos

Phoebe Yao

1-2 anos

Could you give a comprehensive overview of Abbott Futures’s fees, covering details on both commissions and spreads?

WikiFX Resposta

In my experience navigating various brokers, clarity and transparency around fees are fundamental to trust. With Abbott Futures, I faced immediate challenges in this regard. According to the available information, there is a notable lack of disclosure on both commissions and spreads. I could not find any detailed breakdown regarding what traders might expect to pay for each transaction, nor are there specifics about account types or fee structures. This absence of critical details makes it impossible for me to accurately predict or compare actual trading costs. Furthermore, the fact that Abbott Futures operates with a suspicious clone license flagged by the NFA only deepens my caution. Limited transparency in fee structures, especially in a firm already under regulatory scrutiny, is a significant red flag for me. In the past, lack of upfront information has been a precursor to unexpected costs or disputes. For serious traders—myself included—a broker should offer clear schedules for commissions and spreads before account opening. Given this environment of uncertainty, I personally would not commit capital without full disclosure of these essential fee details. For those prioritizing safe and transparent trading, I believe this absence of information is a risk not worth taking.

Broker Issues

Abbott Futures

Fees and Spreads

08-29

Estados Unidos

Arnold Joseph

1-2 anos

How do the different account types available at Abbott Futures compare to each other?

WikiFX Resposta

As a trader with considerable experience evaluating brokers, I approached Abbott Futures hoping for clarity on account offerings. However, my research revealed an immediate barrier: there is virtually no publicly available information about any account types, minimum deposits, trading platforms, or fee structures. For me, transparency in account details is a basic requirement to assess whether a broker can suit differing trader profiles and risk appetites. What is even more concerning is that Abbott Futures appears to operate with a suspicious clone license under the National Futures Association. This red flag dramatically raises my caution, as it indicates the regulatory legitimacy of Abbott Futures cannot be reliably verified at this time. Furthermore, the product range is extremely limited, with only global commodities trading available and no access to forex, indices, or other instruments. There’s also a notable absence of demo accounts, which are crucial for carefully testing a platform or strategy without real risk. When a broker lacks availability of this key information, I cannot meaningfully compare account types, benefits, or suitability for novice or experienced traders. The combination of non-transparent account structures and questions over regulatory status leads me to adopt an extremely cautious stance with Abbott Futures. In my view, the inability to compare account types reflects a broader lack of transparency that makes it difficult to trust or recommend this broker for any trading approach.

Broker Issues

Abbott Futures

Platform

Account

Leverage

Instruments

08-08

Estados Unidos