AB Forex
Binary Mate
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Binary Mate was established in 2013 and is based in Malaysia. AB Forex holds licences including Unregulated, while Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; Binary Mate has 10,000+. The minimum deposit is $100 at AB Forex and $1000 at Binary Mate.
| Feature | AB Forex | Binary Mate |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2013 |
| Country | STOCKHOLM | Malaysia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Binary Mate, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Binary Mate). AB Forex charges withdrawal fees while Binary Mate does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Binary Mate does not. AB Forex charges deposit fees; Binary Mate does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | Binary Mate |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Binary Mate supports social and copy trading features, which AB Forex does not offer. Binary Mate edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Binary Mate |
|---|---|---|
| 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) | Android ,iPhone,Mac,iPade |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Binary Mate compare. Binary Mate runs regular live webinars; AB Forex does not. Binary Mate has a video library; AB Forex does not. Binary Mate publishes daily market commentary; AB Forex does not. Binary Mate integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. Binary Mate maintains an archive of past webinars for on-demand viewing. Binary Mate scores higher overall in education and research.
| Feature | AB Forex | Binary Mate |
|---|---|---|
| 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. Binary Mate uniquely supports bank transfer and credit/debit card among the two brokers. Binary Mate scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Binary Mate |
|---|---|---|
| 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. Binary Mate offers live chat; AB Forex does not, making Binary Mate easier to reach in real time. Binary Mate offers phone support; AB Forex does not. Binary Mate offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Binary Mate scores higher overall on customer support in our assessment.
| Feature | AB Forex | Binary Mate |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |