Abshire-Smith is a London based brokerage firm that offers a vast amount of products across a number of platforms and connections, including foreign exchange (FX), contracts-for-difference (CFD), precious metals, soft commodities as well as Futures, Equities and Securities. The Broker act as an intermediary between our clients through our 3 trading platforms, FIX/API connections and platform bridges, to liquidity providers, aggregators and major exchanges.
Whenever the client is a retail, the professional or institutional client the Absjhire Smith tailor the suitable trading offering. The financial institutions’ assistance provided with many different aspects of their business inclusive of regulation and the development of their core infrastructure.
For the provided support the broker ensures their clients’ needs are satisfied properly while the constant availability of the customer service team brings confidence to the traders. Moreover, the regular market analysis and updates about the current situations allows to make smarter decisions and to perform a quality better trading.
Licenses, Regulations & Security of funds:
Abshire-Smith Global Ltd is authorized and regulated by the Financial Conduct Authority, in accordance with regulatory requirements set by, the company is obliged to provide clients with information about the taken steps to obtain the best possible result where it is an execution of the client orders, compliance with the applicable regulation or the money processing.
This means that Abshire Smith meets the highest standards and regulations required by the Financial Conduct Authority. The regulator monitors are operations on an ongoing basis, to ensure that adhere to the statutory regulatory requirements that they have stipulated. All client funds are held within client segregated accounts and are protected by the FSCS (Financial Services Compensation Scheme). Segregation of client funds ensures that in the unlikelihood of Abshire-Smith default or insolvency, these funds would be separate by creditors and not used to meet obligations.
Trading Platforms & Tools:
Abshire Smith provides 3 leading proprietary trading platforms with secure dedicated servers and a choice of web, mobile, or downloadable platforms to access the trading. The execution type may vary according to the chosen account since they are attached to the trading platform as well as they do depend also on the trader’s size.
– VertexFX 10 allows trading FX (35+ currency pairs) and CFDs on the trading platform, with fast and efficient trade execution. VertexFX 10 as a web-based platform or desktop download delivers powerful access to speculate, invest, monitor and analyze the market information. The platform is the complete trading suite, and Abshire Smith works closely with the developers to ensure it is optimized well, for institutional users the broker also provides the VertexFX 10 Bridge.
– MetaTrader4 (MT4) is offered by Abshire Smith has access to FX (40+ currency pairs) and CFDs (Indices, Commodities, Metals and Energies). MT4 is available as a desktop download and also a mobile application (iPhone, iPad and Android) to help clients trade on the go. As an industry, leading software the advanced charting tools and features are perfectly suited to various traders demands and trading strategies preferences.
– Straticator platform offers clients the ability to trade on exchange equities along with a DMA / ECN / STP / NDD FX model. The multi-asset platform has been developed from a user perspective, with essential tools and key functionality, while available as a web-based platform and a mobile application (iPhone, iPad and Android).
Account Types and Trading Costs:
Opening a trading account with Abshire Smith enables to access the global financial markets, while a fully completed application with the required supporting documentation will usually be opened within 1 hour during business hours. The trading accounts are offered for each of the 3 trading platforms available at Abshire Smith and designed to suit different needs. In addition, the novice traders or those who would like to practice the company-trading environment are able to use the technology via Demo account. Abshire Smith offers Shariah compliant trading accounts and features Islamic Account with no swaps, however, any abuse of the facility is strictly prohibited.
The trading costs are delivered by the choice of the offered either fixed spread or the NDD connectivity to the liquidity providers with raw spread offering and the commission charge per traded lot. Abshire Smith is able to provide NDD execution for Forex FX, CFDs and equities, the connectivity to on-exchange futures and equities trading is possible for VIP or institutional clients, while is either through an API or FIX connection.
Funding trading account is available through one of the three options, take Abshire-Smith’s bank account details and deposit at the local bank, make an online credit/debit transfer or fund an account through an eWallet payment gateway. The range of the payment providers for clearing deposits and withdrawals to a client’s trading account includes Bank Deposits, Credit/ Debit Cards while payment processed by Skrill, as well by e-wallets CashU and Neteller.
On withdrawals, the client can use the same payment options while Abshire Smith may also charge to ensure they at least cover their costs of making the payment (across all providers).
The Abshire Smith review presents a company with a strict regulatory environment, vast of trading opportunities along with the advanced choice between the trading platforms and accounts attached to them. The broker delivers opportunity to the clients of different portfolio and type to join in, while the are options to choose from. Operating an agency only business model means that Abshire Smith is unable to hold proprietary positions, or take exposure to the markets thus the client can trade with an open state of mind.