AB Forex
Alfa Forex
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Alfa Forex was established in 2011 and is based in Cyprus. AB Forex holds licences including Unregulated, while Alfa Forex is regulated by Securities and Exchange Commission (SEC) among others. AB Forex serves 10,000+ clients worldwide; Alfa Forex has 10,000+. The minimum deposit is $100 at AB Forex and $0 at Alfa Forex.
| Feature | AB Forex | Alfa Forex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2003 | 2011 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Alfa Forex, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $100 at AB Forex). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; Alfa Forex does not. Overall, Alfa Forex scores higher on fees in our assessment.
| Feature | AB Forex | Alfa Forex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Alfa Forex supports social and copy trading features, which AB Forex does not offer. Alfa Forex edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Alfa Forex |
|---|---|---|
| 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Alfa Forex compare. Alfa Forex has a video library; AB Forex does not. Alfa Forex integrates third-party research tools (Autochartist); AB Forex does not. Alfa Forex scores higher overall in education and research.
| Feature | AB Forex | Alfa Forex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alfa Forex uniquely supports bank transfer and credit/debit card among the two brokers. Alfa Forex scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Alfa Forex |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Alfa Forex offers live chat; AB Forex does not, making Alfa Forex easier to reach in real time. Alfa Forex offers phone support; AB Forex does not. Alfa Forex offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Alfa Forex scores higher overall on customer support in our assessment.
| Feature | AB Forex | Alfa Forex |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |