Who is Ablesys?
Ablesys is a forex broker that has been in business since 2004. They are based in the United States and are regulated by the National Futures Association (NFA). Ablesys offers a variety of trading platforms, including the popular MetaTrader 4 platform. They offer a wide range of currency pairs, as well as CFDs on commodities, indices, and cryptocurrencies.
What is forex trading?
When it comes to forex trading, there is no one-size-fits-all answer. There are a variety of ways to trade forex, and each has its own benefits and risks. The best way to trade forex depends on your individual circumstances and goals.
However, there are some basics that all forex traders should know. Forex trading is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer, and are traded in pairs. For example, the EUR/USD pair means you are buying Euros and selling US dollars.
When you trade in the forex market, you are essentially betting on the movement of one currency against another. If you think the Euro will rise against the US dollar, you would buy the EUR/USD pair. If the Euro falls against the dollar, you would sell the pair.
The price of a currency pair is always quoted in terms of one currency against another. The first currency in a pair is called the base currency, while the second is called the quote currency. In the EUR/USD pair, for example, the Euro is the base currency and the US dollar is the quote currency. The price quotes always look like this: EUR/USD = 1.1750
This means that for every Euro you buy, you will pay 1.1750 US dollars. Conversely, for every US dollar you sell, you will receive 1.1750 Euros.
How does Ablesys work?
Ablesys is a web-based forex broker that offers online currency trading services. It is one of the few brokers that allow you to trade with leverage, and it also provides a demo account so that you can practice your trading strategies before putting real money at risk.
The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Ablesys has been in business since 2006 and offers customer support 24 hours a day, 5 days a week.
Is Ablesys a legit or scam forex broker?
When researching a forex broker, it is important to know if the broker is legitimate and if they are operating legally. There are many scam artists in the forex industry, so it is important to do your due diligence before investing any money with a broker.
Ablesys is a forex broker that has been in business since 1997. The company is based in Europe and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Ablesys offers online trading platforms for both retail and institutional investors. The company provides access to the major currency pairs, as well as some of the more exotic pairs. Ablesys also offers CFD trading on a variety of assets including commodities, indices, and equities.
The minimum deposit to open an account with Ablesys is $500. The maximum leverage that the broker offers is 1:200. Spreads start at 3 pips for the major currency pairs. Ablesys does charge commissions on trades, but these rates are very competitive when compared to other brokers.
Overall, we believe that Ablesys is a legitimate and safe forex broker for both beginner and experienced traders alike. The company is regulated by CySEC and has been in business for over 20 years. The spreads are competitive and the commissions are reasonable. If you are looking for a reliable forex broker, then we believe that Ablesys would be a good choice.
Conclusion
Ablesys.com is a Forex broker that offers online trading in a variety of currencies. While the company appears to be legitimate, there have been some complaints about its customer service and account management fees. Overall, Ablesys seems like a decent broker, but it’s important to do your own research before investing any money.