Reported as a scam / unregulated
Why ABTrade is on the register
ABTrade’s website does not display any regulatory information, and crucially, it fails to disclose the legal entity name behind the operation. While the site lists an address in Saint Vincent, the absence of a registered company name makes it impossible to verify whether it is even registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. Moreover, it should be noted that even if registered, such registration would typically fall under the International Business Companies (IBC) framework, which does not equate to a license to conduct regulated forex trading activities. The SVG FSA does not regulate or license forex brokers. In reality, ABTrade seems to operate without any legitimate regulatory supervision. Given these serious red flags, ABTrade appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.