AB Forex
Ascot Securities
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Ascot Securities was established in 1996 and is based in Estonia. AB Forex holds licences including Unregulated, while Ascot Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; Ascot Securities has 10,000+. The minimum deposit is $100 at AB Forex and $25 at Ascot Securities.
| Feature | AB Forex | Ascot Securities |
|---|---|---|
| Min. Deposit | $100 | $25 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 1996 |
| Country | STOCKHOLM | Estonia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Ascot Securities, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $25 at Ascot Securities). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; Ascot Securities does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | AB Forex | Ascot Securities |
|---|---|---|
| Min. Deposit | $100 | $25 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ascot Securities supports social and copy trading features, which AB Forex does not offer. Ascot Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Ascot Securities |
|---|---|---|
| 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) | Desktop,Android,iPhone/iPad,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Ascot Securities compare. Ascot Securities has a video library; AB Forex does not. Ascot Securities integrates third-party research tools (Autochartist); AB Forex does not. Ascot Securities scores higher overall in education and research.
| Feature | AB Forex | Ascot Securities |
|---|---|---|
| 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. Ascot Securities uniquely supports bank transfer and credit/debit card among the two brokers. Ascot Securities scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Ascot Securities |
|---|---|---|
| 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. Ascot Securities offers live chat; AB Forex does not, making Ascot Securities easier to reach in real time. Ascot Securities offers phone support; AB Forex does not. Ascot Securities offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Ascot Securities scores higher overall on customer support in our assessment.
| Feature | AB Forex | Ascot Securities |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |