AB Forex
AxiTrader
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while AxiTrader was established in 2007 and is based in Australia. AB Forex holds licences including Unregulated, while AxiTrader is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; AxiTrader has 10,000+. The minimum deposit is $100 at AB Forex and $0 at AxiTrader.
| Feature | AB Forex | AxiTrader |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Founded | 2003 | 2007 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and AxiTrader, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $100 at AB Forex). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; AxiTrader does not. AB Forex charges deposit fees; AxiTrader does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AB Forex | AxiTrader |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
AxiTrader supports social and copy trading features, which AB Forex does not offer. AxiTrader edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | AxiTrader |
|---|---|---|
| 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, 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 AxiTrader compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | AxiTrader |
|---|---|---|
| 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. AxiTrader uniquely supports bank transfer and credit/debit card and Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | AxiTrader |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| 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. AxiTrader offers live chat; AB Forex does not, making AxiTrader easier to reach in real time. AxiTrader offers phone support; AB Forex does not. AxiTrader offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and AxiTrader supports 8, giving AxiTrader broader global reach. AxiTrader scores higher overall on customer support in our assessment.
| Feature | AB Forex | AxiTrader |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic |