AB Forex
Amscot Stockbroking
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Amscot Stockbroking was established in 1853 and is based in Austrailia. AB Forex holds licences including Unregulated, while Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia) among others. AB Forex serves 10,000+ clients worldwide; Amscot Stockbroking has 10,000+. The minimum deposit is $100 at AB Forex and $500 at Amscot Stockbroking.
| Feature | AB Forex | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Unregulated | Ministry of Economic Affairs and Communications (Estonia) |
| Founded | 2003 | 1853 |
| Country | STOCKHOLM | Austrailia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Amscot Stockbroking, 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 Amscot Stockbroking). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; Amscot Stockbroking does not. AB Forex charges deposit fees; Amscot Stockbroking does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Amscot Stockbroking edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Amscot Stockbroking |
|---|---|---|
| MT4 | No | No |
| 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) | IRESSTrader,IRESSInvestor,netIRESS,XPLAN |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Amscot Stockbroking compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | Amscot Stockbroking |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Amscot Stockbroking uniquely supports bank transfer and credit/debit card among the two brokers. Amscot Stockbroking scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Amscot Stockbroking |
|---|---|---|
| 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. Amscot Stockbroking offers live chat; AB Forex does not, making Amscot Stockbroking easier to reach in real time. Amscot Stockbroking offers phone support; AB Forex does not. Amscot Stockbroking offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Amscot Stockbroking scores higher overall on customer support in our assessment.
| Feature | AB Forex | Amscot Stockbroking |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |