ABT500 (abt500vip.io) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at ABT500 (abt500vip.io) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about ten months of dealing with this, I have had enough.
Pros: Helpful community forum|Regular updates|Fast support response
Cons: Website design could be more modern|Wait times can be long during peak hours
I want to warn everyone about ABT500 (abt500vip.io). They have been flagged by Australian Securities and Investments Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
The mobile app from ABT500 (abt500vip.io) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Market news feed|Easy to use platform
Cons: No crypto staking
The reporting at ABT500 (abt500vip.io) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Automated trading options|Multiple order types|Fast execution|Smooth onboarding
Cons: None so far
I was about to invest with ABT500 (abt500vip.io) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
Customer support at ABT500 (abt500vip.io) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Customizable dashboard|Wide product range|Excellent charting|Multi-device support
Cons: Limited social trading features
My card was charged twice by ABT500 (abt500vip.io) on the same day. I had to dispute it with my bank. ABT500 (abt500vip.io) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Good mobile app|Copy trading available|Easy to use platform
Cons: Charting tools need more indicators
ABT500 (abt500vip.io) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Great customer service|Instant funding|Fast support response|Social trading features
Cons: Inactivity fee applies after 12 months|Help articles are sometimes vague
I have been trying to close my account with ABT500 (abt500vip.io) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Excellent charting|Stable platform
Cons: No fractional shares|Currency conversion fee exists
I had high hopes for ABT500 (abt500vip.io) after a friend recommended them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Customizable dashboard|Clear documentation
Cons: Limited ETF selection|Would like more payment methods