AB Forex
AvaTrade
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while AvaTrade was established in 2006 and is based in The British Virgin Islands. AB Forex holds licences including Unregulated, while AvaTrade is regulated by Central Bank of Ireland among others. AB Forex serves 10,000+ clients worldwide; AvaTrade has 200,000+. The minimum deposit is $100 at AB Forex and $250 at AvaTrade.
| Feature | AB Forex | AvaTrade |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) |
| Founded | 2003 | 2006 |
| Country | STOCKHOLM | The British Virgin Islands |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and AvaTrade, 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 AvaTrade). AB Forex charges withdrawal fees while AvaTrade does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; AvaTrade does not. AB Forex charges deposit fees; AvaTrade does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | AvaTrade |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
AvaTrade supports social and copy trading features, which AB Forex does not offer. AvaTrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | AvaTrade |
|---|---|---|
| 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, Mac, Mirror Trader, ZuluTrade, Web Trader, 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 AvaTrade compare. AvaTrade has a video library; AB Forex does not. AvaTrade integrates third-party research tools (Autochartist); AB Forex does not. AvaTrade scores higher overall in education and research.
| Feature | AB Forex | AvaTrade |
|---|---|---|
| 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. AvaTrade uniquely supports bank transfer and credit/debit card and PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | AvaTrade |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. AvaTrade offers live chat; AB Forex does not, making AvaTrade easier to reach in real time. AvaTrade offers phone support; AB Forex does not. AvaTrade offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and AvaTrade supports 6, giving AvaTrade broader global reach. AvaTrade scores higher overall on customer support in our assessment.
| Feature | AB Forex | AvaTrade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Italian, German, French, Greek, and Hebrew |