AB Forex
Boston Merchant Financial
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Boston Merchant Financial was established in 1988 and is based in Dubai. AB Forex holds licences including Unregulated, while Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC) among others. AB Forex serves 10,000+ clients worldwide; Boston Merchant Financial has 10,000+. The minimum deposit is $100 at AB Forex and $50 at Boston Merchant Financial.
| Feature | AB Forex | Boston Merchant Financial |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC) |
| Founded | 2003 | 1988 |
| Country | STOCKHOLM | Dubai |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Boston Merchant Financial, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $50 at Boston Merchant Financial). AB Forex charges withdrawal fees while Boston Merchant Financial does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Boston Merchant Financial does not. AB Forex charges deposit fees; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | AB Forex | Boston Merchant Financial |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Boston Merchant Financial supports social and copy trading features, which AB Forex does not offer. Boston Merchant Financial edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Boston Merchant Financial |
|---|---|---|
| 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) | MT4, 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 Boston Merchant Financial compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | Boston Merchant Financial |
|---|---|---|
| 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. Boston Merchant Financial uniquely supports bank transfer and credit/debit card among the two brokers. Boston Merchant Financial scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Boston Merchant Financial |
|---|---|---|
| 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. Boston Merchant Financial offers live chat; AB Forex does not, making Boston Merchant Financial easier to reach in real time. Boston Merchant Financial offers phone support; AB Forex does not. Boston Merchant Financial offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Boston Merchant Financial scores higher overall on customer support in our assessment.
| Feature | AB Forex | Boston Merchant Financial |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |