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A-Book Broker Review | A Unique Trading Model or Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 3
A-Book Broker - logo

Welcome to our review of A-Book Broker. At first glance, the name may sound intriguing and innovative, but unfortunately, the reality is far from it. This company claims to use a unique trading model that is rarely seen in modern online trading. However, our investigation revealed that this is just a facade for yet another scam broker.

Highlights

🏛️ Country Kazakhstan
⚠️ Regulation
🖥️ Website https://www.a-bookbroker.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform MT5
📨 E-mail info@a-bookbroker.com
📞 Phone +1 332-232-9806

First Impression of A-bookbroker.com

A-Book Broker claims to work on a B2B model, but it’s unclear how true this is. Our impression is that the broker may not have enough money for a proper official website. Everything here is so minimalist that it seems like every penny was saved. However, there is some standard self-promotion. We have to note that the footer contains legal information and even a license number. We will verify the accuracy of this information.

A-Book Broker - website

Account Opening on A-bookbroker.com

This is a very mysterious company, and we don’t know how to open an account with it. There is no section or button for this on the homepage. You are asked to enter an email from your account, but what if you don’t have an account yet? And where do you even enter it? There is not a single field for this. In general, there are so many questions and so few answers. The B2B model implies that A-Book Broker only cooperates with legal entities. However, even they need to go through a registration process, which is even more complicated according to the requirements of various regulators. In short, this is a very strange broker.

No registration form

Verification

The footer contains an AML/KYC document, which means that A-Book Broker does require verification from its clients. This document dispels the whole B2B legend. It contains standard instructions for individuals. You will need to send the company copies of documents that confirm your identity, such as a passport. In the second stage, you will need to confirm your address of residence. You will also need to provide proof of payment. Your payment details, for example, on your card, must match the data in your passport.

Pros
  • None.
Cons
  • It is not clear where and how to upload documents.

Trading Software

A-Book Broker is simply a master of secrecy. It’s unclear how to access the Client Portal or where to send documents. What trading platform does the broker use? It’s also unclear! What versions are available, web or desktop? In our humble opinion, the company simply forgot about this small detail. The only place on the site mentions that you will get access to MT5. However, here’s the problem. There is not a hint of A-Book Broker in the list of brokers on the MT5 platform. This is pure deception. We don’t know what kind of terminal is offered to traders here, but definitely not MT5. By the way, there are no demo accounts here either.

Features A-Book Broker Mitrade  Sollari
Demo Account ✔️
Mobile App ✔️
Own Development ✔️

How Can I Trade With A-Book Broker?

Well, we don’t even know what we will be describing in the next section. However, let’s try to bring some clarity to A-Book Broker’s offerings.

All Info About Accounts

So, the company also offers its services to individuals. If you are a company, then there is a so-called White Label service for you. This is a service about which nothing is described. And what did you think? That the broker provides a detailed explanation of their terms? What is the minimum deposit required? What is the leverage? What are the spreads and commissions? These are all ongoing mysteries. By the way, there is not even a FAQ section where popular questions could be answered.

They offer trading with very strange instruments for the A-Book model. Here you have cryptocurrencies, metals, indices, stocks, and even Forex. In short, we have a standard CFD broker in front of us. Because such diversity, coupled with cryptocurrencies, can only be found with them. A-Book Broker also promises excellent liquidity. However, it does not say who the provider of this liquidity is. In simple words, our broker is more likely to be a B-Book broker than an A-Book broker.

Pros
  • None.
Cons
  • Trading conditions are not described.
  • B-Book model.

Market Analysis and Education With A-Book Broker

It doesn’t seem like A-Book Broker offers education or market analysis. Instead, it has another option – semiautomated AI Trading. Again, no details are provided about it. If it is a trading robot, then its statement is not disclosed. Why it is semi-automated and what human intervention will be required is also a mystery. We are already tired of A-Book Broker’s persistent understatement.

Deposit, Withdrawal, and Fees

Oh, and you haven’t even seen the deposit form yet. By the way, it is located right on the main page. Fund your account without registration. Why not? And it looks like this.

Deposit form

How do you like it? What kind of broker can afford to attach something like this to the deposit page? As you can understand, you will only have to guess about which payment systems are supported, whether bank transfers are possible, and how long withdrawal requests are processed.

Features A-Book Broker Mysteel UK Limited  Mitrade
Debit/Credit Cards ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee ✔️

How Can I Contact It?

Finally, the only thing we have no questions about is the contact information. Oh, wait. And here’s the problem. A-Book Broker provides an office address, email address, and phone number. The office address is in Kazakhstan. Meanwhile, the phone number code belongs to New York City. We would like to know how someone in Kazakhstan can make a call from New York. Well, unless the broker has purchased a virtual phone number. However, that’s not very good.

Pros
  • Full contact data.
Cons
  • Questionable contacts.

Is A-Book Broker Dangerous?

We can confidently say that A-Book Broker is the last place we would open an account. Seriously. The above is not even all of the problems.

How Long Does The Broker Work?

So, on the main page, you can see that the broker was created in Mai 2007. What the hell is Mai 2007? Maybe May? Of course, it happens that brokers from countries of the CIS have very poor English. However, not to this extent! And anyway, what 2007? There are no mentions of this terrible broker online until 2022. Checking the domain actually showed that the domain was created on October 6, 2022. Perhaps the word October is even harder to remember than May. Therefore, the broker’s creators are lying about its lifespan.

Domain info

How Is A-Book Broker Regulated?

By the way, in the screenshot above, you can see that the domain is registered in Germany. And no, A-Book Broker still claims that its managing company is from Kazakhstan. Even allegedly received a license from the local regulator. Thank God that the Kazakh registry has an English language option. We checked all the legal entities that are regulated. Can you guess what? Of course, A-Book Broker is not among them. You can check for yourself at this link https://www.gov.kz/memleket/entities/ardfm/financial-organizations/48?lang=en.

Features A-Book Broker LTC FIN  CIX Markets
European Zone ✔️
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With A-Book Broker?

Oh, if only we knew! It seems that for the first time, we do not have an answer to this question. Try asking the support on how you can start trading on this platform.

Is A-Book Broker Legit?

No, A-Book Broker is not legal. It is not an official company, is not registered in Kazakhstan, and has not received a license.

How Risky Is It?

Working with an anonymous broker that is not regulated by anyone is a very dangerous thing. Avoid it.
Kevin Berry
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Expert Opinion

It seems to me that A-Book Broker is a complete joke. It’s like they took all the worst aspects of online brokers and threw them together in one disastrous package. Their website is full of inconsistencies and lies, and it’s clear that they have no idea what they’re doing. Honestly, I wouldn’t be surprised if this was just some elaborate prank by a group of bored teenagers. Save yourself the trouble and stay far away from it.

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A-Book Broker rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

3 reviews about A-Book Broker

Jack April 28, 2023 - 22:16
I immediately realized that this was some sort of a phony broker.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

What this A-Book pseudo-broker offers and describes itself as cannot even exist in theory, only in the pathetic dreams of those scammers who founded this pseudo-broker company.

Reply
Laura May 4, 2023 - 17:31
I don't see this as a serious broker.
The level of trust

A-Book Broker is not suitable as a reliable intermediary because it does not have:
1. Licenses. There is no regulation here.
2. A long period of operation. The site was registered this year.
3. A normal business model.
4. Any other guarantees in the form of insurance, internationality, or any significant evidence that they are a large-scale company.

Reply
Ashton May 10, 2023 - 09:23
To everyone reading my review, I highly recommend not even wasting your time opening or registering an account with this A-Book Broker.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

As an experienced trader who has been teaching newcomers, I had students who asked me about A-Book Broker and whether it was safe to trade with it. Fortunately, they asked me first rather than investing their money and then finding out if they could trust this company. After looking into the company, I realized that there was nothing good about trading with this broker. There’s no license, no explanation of how the company operates or executes trader orders. Most likely, they process these orders themselves, which means they work like a B-book. It’s not what you need.

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