AB Forex
afx group
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while afx group was established in 2013 and is based in Geneva. AB Forex holds licences including Unregulated, while afx group is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; afx group has 14,000,000+. The minimum deposit is $100 at AB Forex and $250 at afx group.
| Feature | AB Forex | afx group |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220 |
| Founded | 2003 | 2013 |
| Country | STOCKHOLM | Geneva |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and afx group, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at afx group). AB Forex charges withdrawal fees while afx group does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; afx group does not. AB Forex charges deposit fees; afx group does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | afx group |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
afx group edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | afx group |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | No | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and afx group compare. afx group runs regular live webinars; AB Forex does not. afx group has a video library; AB Forex does not. afx group publishes daily market commentary; AB Forex does not. afx group integrates third-party research tools (Trading Central); AB Forex does not. afx group maintains an archive of past webinars for on-demand viewing. afx group scores higher overall in education and research.
| Feature | AB Forex | afx group |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. afx group uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. afx group scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | afx group |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. afx group offers live chat; AB Forex does not, making afx group easier to reach in real time. afx group offers phone support; AB Forex does not. afx group offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and afx group supports 8, giving afx group broader global reach. afx group scores higher overall on customer support in our assessment.
| Feature | AB Forex | afx group |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |