ANSWER Dear Investor,
ABBInvest is not a reliable trading platform due to a lack of valid regulation.
The broker claims to be based in Azerbaijan, offering CFD and forex trading services, and asserts that it holds a qualification certificate issued by the Central Bank of Azerbaijan (CBAR). However, upon searching the CBAR system, we found no records of any entity related to this broker. Furthermore, we must remind you that the CBAR does not issue licenses to retail forex brokers. Therefore, no localized retail brokers are licensed by the CBAR. Brokers conducting such activities in Azerbaijan are required to hold licenses from internationally recognized regulatory authorities.
Evidently, ABBInvest essentially lacks any substantive regulatory oversight and is considered a high-risk platform. We strongly advise you to avoid engaging in any transactions with this broker to prevent potential financial losses.
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