AB Forex
Blitzbrokers
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Blitzbrokers was established in 1982 and is based in Hong Kong. AB Forex holds licences including Unregulated, while Blitzbrokers is regulated by Securities and Futures Commission (SFC) among others. AB Forex serves 10,000+ clients worldwide; Blitzbrokers has 10,000+. The minimum deposit is $100 at AB Forex and $1 at Blitzbrokers.
| Feature | AB Forex | Blitzbrokers |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | Securities and Futures Commission (SFC) |
| Founded | 2003 | 1982 |
| Country | STOCKHOLM | Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Blitzbrokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at AB Forex). AB Forex charges withdrawal fees while Blitzbrokers does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Blitzbrokers does not. AB Forex charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | AB Forex | Blitzbrokers |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Blitzbrokers supports social and copy trading features, which AB Forex does not offer. Blitzbrokers edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Blitzbrokers |
|---|---|---|
| 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) | Desktop,WEB,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Blitzbrokers compare. Blitzbrokers has a video library; AB Forex does not. Blitzbrokers integrates third-party research tools (Autochartist); AB Forex does not. Blitzbrokers scores higher overall in education and research.
| Feature | AB Forex | Blitzbrokers |
|---|---|---|
| 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. Blitzbrokers uniquely supports bank transfer and credit/debit card among the two brokers. Blitzbrokers scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Blitzbrokers |
|---|---|---|
| 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. Blitzbrokers offers live chat; AB Forex does not, making Blitzbrokers easier to reach in real time. Blitzbrokers offers phone support; AB Forex does not. Blitzbrokers offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Blitzbrokers scores higher overall on customer support in our assessment.
| Feature | AB Forex | Blitzbrokers |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |