AB Forex
Alvexo
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Alvexo was established in 2014 and is based in Cyprus. AB Forex holds licences including Unregulated, while Alvexo is regulated by Australian Securities and Investment Commission (ASIC) among others. AB Forex serves 10,000+ clients worldwide; Alvexo has 10,000+. The minimum deposit is $100 at AB Forex and $500 at Alvexo.
| Feature | AB Forex | Alvexo |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities, Financial Services Authority of Seychelles with License Number SD030 |
| Founded | 2003 | 2014 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Alvexo, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Alvexo). AB Forex charges withdrawal fees while Alvexo does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Alvexo does not. AB Forex charges deposit fees; Alvexo does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | Alvexo |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Alvexo edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Alvexo |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | No |
| 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, cTrader, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Alvexo compare. Alvexo runs regular live webinars; AB Forex does not. Alvexo has a video library; AB Forex does not. Alvexo publishes daily market commentary; AB Forex does not. Alvexo integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. Alvexo maintains an archive of past webinars for on-demand viewing. Alvexo scores higher overall in education and research.
| Feature | AB Forex | Alvexo |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alvexo uniquely supports bank transfer and credit/debit card and PayPal and Skrill among the two brokers. Alvexo scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Alvexo |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Alvexo offers live chat; AB Forex does not, making Alvexo easier to reach in real time. Alvexo offers phone support; AB Forex does not. Alvexo offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Alvexo scores higher overall on customer support in our assessment.
| Feature | AB Forex | Alvexo |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |