Forex Brokers

ABUSA

1.3 (15 reviews)
🇳🇿 New Zealand
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1.3
15 reviews
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About ABUSA

ABUSA has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Manipulative and dishonest

Z
Zoe G.
7 months ago

I requested my data from ABUSA under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Regular updates|Good analytical tools

Cons: Search feature is basic

Multi-account management missing

K
Kevin O.
8 months ago

The spread at ABUSA is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.

Pros: Helpful community forum|Intuitive for beginners|Full transparency

Cons: No integrated tax optimization

Complete waste of time

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Laura B.
10 months ago

I found ABUSA from a review site like this one and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Tax reports included|Two-factor authentication|Fast support response|Transparent fees

Cons: Minimum deposit could be lower|None so far

Scam alert - They took my money

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Nathan S.
10 months ago

I want to warn everyone about ABUSA. They have been flagged by Financial Markets Authority 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.

Pros: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Beware of hidden costs

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Caleb T.
12 months ago

The mobile app from ABUSA 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: Detailed reporting|Educational resources|Quick verification|Multi-device support

Cons: Some tools only available on higher tiers|Nothing significant