WikiFX

Sagot

From my perspective as an independent trader, there are several significant risks surrounding ABX that make me very cautious. The foremost issue is the absence of any valid regulatory oversight. While ABX claims some association with ASIC regulation, the actual status according to available data is unregulated, with even a “suspicious regulatory license” annotation. This lack of credible investor protection is, in my experience, a serious red flag because it means there’s no external authority to mediate disputes or safeguard client funds. In the forex and precious metals space, regulation is essential for transparency and ensuring that operational standards are met. Additionally, ABX’s business scope is flagged as suspicious, and the platform has been assessed as carrying “high potential risk.” For me, this signals that both due diligence and risk tolerance need to be heightened well above normal retail trading levels. From a trading standpoint, the limited product range—focusing exclusively on physical gold, silver, and platinum—could restrict diversification and expose traders to market-specific volatility. There are also notable high entry barriers, especially with products like silver, where the minimum trade size is 25,000 ounces, something that can be prohibitive for many individual investors. Based on these considerations, I personally would exercise significant caution when considering ABX. The combination of an unregulated status, questionable licensing, limited market offerings, and high entry requirements increases the risk profile well beyond what I am comfortable with for my own capital.