Abshire-Smith Journal

Journal status: live
Abshire-Smith joined in | not yet
Abshire-Smith Profile
Year
2011
Country
UK
Branches
1
Regulation
FCA UK
Investor protection
Fund protection
UK Financial Services Compensation Scheme (FSCS)
Publicly traded
no
Restricted countries
Not serving
х Iran, US
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
Tier-1 Banks, Non-banks, ECNs, other
LPs names
...

Abshire-Smith Accounts
STP
DMA
Minimum Deposit
1 $
1 $
Leverage
400 : 1
400 : 1
Minimum Lot
0.01 lots
...
EURUSD spread
...
...
Commission
...
...
Volume
...
...
Margin Call
...
...
Stop Out
...
...
Execution
Instant
Market
Spread
fixed
floating
Scalping
yes
yes
Update broker

Is Abshire-Smith safe?

  • Investor protection: UK Financial Services Compensation Scheme (FSCS)
  • Regulation: FCA UK
  • Registration: ...
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: ...
  • Negative Balance Protection: no

Is Abshire-Smith trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • Abshire-Smith website: semi-detailed, updated ★★★
  • Abshire-Smith popularity (by visitor count): low visits ★★

How Abshire-Smith works

DMA with multiple liquidity providers.

http://www.abshire-smith.com/products/fx-trading/

ABS may execute trades through a variety of Banks, Prime Brokers, Hedge Funds, Market Makers or other clearing houses.

Please note that ABS does not trade outside of a regulated market or Multilateral Trading Facility (MTF) or deal in any OTC transaction in the EEA.

ABS does not trade as principal.

http://www.abshire-smith.com/best-execution/

Counterparties

Abshire-Smith Global Ltd is authorised and regulated by the Financial Conduct Authority as a matched principle. We rigorously vet all of our counterparties, to clear 100% of our trades through UK FCA regulated counterparties. Operating an agency only business model means that Abshire-Smith is unable to hold proprietary positions, or take exposure to the markets.

We 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. (This means that we operate an STP/ECN/DMA trading model and do not run a “B Book” or make a market, to remove the conflict of interest between ourselves and our clients.

http://www.abshire-smith.com/why-abshire/about-us/

http://www.abshire-smith.com/client-agreement/

http://www.abshire-smith.com/vertexfx10/faqs/

FAQ: Are you a market maker? No, Abshire-Smith is not a market maker.

Abshire-Smith Global Ltd is authorised and regulated by the Financial Conduct Authority as a matched principle. Operating an agency only business model means that Abshire-Smith is unable to hold proprietary positions, or take exposure to the markets.

This means that we operate an STP trading model and do not run a “B Book” or make a market, to remove the conflict of interest between ourselves and our clients. We rigorously vet all of our counterparties, to clear 100% of our trades through UK FCA regulated counterparties.

How does Abshire-Smith make money?

Abshire-Smith is remunerated from executing trades by marking-up (widening) the spread received from liquidity providers, compensation for order flow and where applicable charging commissions.

Abshire-Smith is an appointed liquidity provider (by the developers Hybrid Solutions) for the award winning VertexFX 10 platform.

http://www.abshire-smith.com/platforms/vertex-bridge/

Add new comment

Image CAPTCHA
Enter the characters shown in the image.