ABM Trades Scam Review: Red Flags You Can’t Ignore
In the bustling world of online trading platforms, it’s easy to be lured by polished websites and slick marketing. However, when multiple red flags emerge—from regulatory bans to user complaints—alarm bells are warranted. ABM Trades stands out for all the wrong reasons. Here’s a deep dive into what makes it highly suspect and why you should avoid it.
1. Regulators Sound the Alarm
The UK’s Financial Conduct Authority (FCA) officially issued a warning on September 18–19, 2024, declaring that ABM Trades is not authorized to offer financial services in the UK. The FCA cautioned consumers to avoid dealing with it entirely, as any dealings fall outside regulatory protections.
FCA
2. Unregulated Yet Claiming Regulation
The platform falsely claims regulation by reputable authorities like the FCA, CySEC, and ESMA. However, verifiable checks found no evidence of this. Regulators have confirmed that ABM Trades is unregulated, making these claims misleading at best.
BrokersViewWikiFX
3. Very Low Trust Ratings from Web Safety Tools
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ScamAdviser flags the site with a very low trust score, pointing to opaque ownership, low traffic, and suspicious neighboring domains.
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ScamDoc gives a similarly poor rating. Although the domain is fairly old (registered in 2018), the lack of transparency and the presence of user complaints raise red flags.
Scamdoc
4. Expert Analysts Declare It a Scam
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BrokersView labels ABM Trades as strictly a “SCAM” after reviewing the FCA warning and confirming the lack of authentication.
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Reviewers also say no legitimate licensing exists—yet the platform continues to solicit deposits with that misleading reputation.
BrokersView
5. Terrible Real-World Feedback
On Trustpilot, ABM Trades holds a 2.9 out of 5, based on only two reviews—and those are both 1-stars:
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One user described efforts to withdraw being met with “upgrade fees” and further demands before launching withdrawal.
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Another confirmed the platform effectively blocked all withdrawal attempts.
Trustpilot
These firsthand accounts reflect consistent scam patterns.
6. Phishing, Deception & Fake Licensing
Brokers Guide highlights several scam tactics used by ABM Trades:
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Aggressive marketing using “boiler-room” tactics and affiliates.
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False claims of high returns and guaranteed earnings.
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Retention departments pressuring victims to make more deposits.
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Eventually blocking withdrawals once they’re locked in.
Brokers Guide
They specifically describe the “earn trust, extract funds, disappear” cycle common in financial scams.
7. Withdrawal Woes and Exit-Scam Behavior
InvestReviews breaks down the classic scam structure:
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Promised rapid gains—often doubling deposits in 24 hours.
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Once deposits are made, attempts to withdraw are stalled or denied.
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Platform may withdraw support or vanish entirely, trapping user funds.
InvestReviews
This is precisely what countless scam platforms follow—no regulation, no accountability.
8. Additional Red Flags from Fraud Trackers
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WikiFX gives ABM Trades a score of 0—emphasizing no valid regulation and labeling it high-risk.
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FraudTracers reiterate the lack of licensing, foreign shell operations, and absence of protection schemes (e.g. in the UK).
FraudTracers
9. Crypto-Only Payments Add Anonymity Risk
ForexBrokerz.com notes that ABM Trades only accepts cryptocurrency payments. Crypto’s irreversible nature makes it a favorite tool for scammers, reducing chances of recovering stolen funds.
ForexBrokerz.com
10. Red Flags Galore—Summary Table
| Red Flag | Why It Matters |
|---|---|
| Regulator Alert (FCA) | Official warning of unauthorized operations |
| Fake Licensing Claims | Deliberate misrepresentation to appear credible |
| Very Low Trust Scores | Automated systems detect serious risk |
| Real Victim Complaints | Genuine cases of blocked withdrawals and financial loss |
| High-Pressure Tactics | Classic fraud behavior seen in exit scams |
| No Licensing Found by Experts | No legal safety net for investor funds |
| Crypto-only Payments | Funds disappear without trace or recovery options |
| Global Scam Alerts Echoed | Confirmed across multiple platforms—not isolated |
11. The Real-World Consequences
If you engage with ABM Trades, you risk:
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Permanent loss of funds, with minimal chance of recovery.
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Emotional trauma from betrayal and financial stress.
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Identity or privacy vulnerabilities, especially if they ask for remote access or KYC docs.
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No legal protection, as the platform operates entirely outside any oversight.
12. Your Best Protection—Due Diligence Checklist
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Check official regulator registers before depositing money.
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Start with a small test withdrawal—if it fails, get out fast.
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Rely on independent watchdog reviews, not platform marketing.
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Investigate domain age and ownership transparency.
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Trust your gut—if something feels manipulative, steer clear.
Final Verdict: Avoid ABMTrades.com at All Costs
Between regulator warnings, fake licensing claims, low trust scores, user testimonies of blocked access, and crypto-only deposits—ABM Trades epitomizes a scam broker.
Your financial safety depends on confidence, transparency, and accountability—none of which apply here. Protect your capital by choosing platforms with real regulation and demonstrated legitimacy.
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Report Abmtrades.com And Recover Your Funds
If you have lost money to abmtrades.com, it’s important to take action immediately. Report the scam to BRIDGERECLAIM.COM , a trusted platform that assists victims in recovering their stolen funds. The sooner you act, the better your chances of reclaiming your money and holding these fraudsters accountable.
Scam brokers like abmtrades.com continue to target unsuspecting investors. Stay informed, avoid unregulated platforms, and report scams to protect yourself and others from financial fraud.
