AB Forex
CMC Markets
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while CMC Markets was established in 1989 and is based in UK. AB Forex holds licences including Unregulated, while CMC Markets is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $100 at AB Forex and $200 at CMC Markets.
| Feature | AB Forex | CMC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2003 | 1989 |
| Country | STOCKHOLM | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and CMC Markets, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $200 at CMC Markets). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | AB Forex | CMC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
CMC Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | CMC Markets |
|---|---|---|
| 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) | Web Trader, Binary, 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 CMC Markets compare. CMC Markets runs regular live webinars; AB Forex does not. CMC Markets has a video library; AB Forex does not. CMC Markets publishes daily market commentary; AB Forex does not. CMC Markets integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. CMC Markets maintains an archive of past webinars for on-demand viewing. CMC Markets scores higher overall in education and research.
| Feature | AB Forex | CMC Markets |
|---|---|---|
| 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. CMC Markets uniquely supports bank transfer and credit/debit card among the two brokers. CMC Markets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | CMC Markets |
|---|---|---|
| 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. CMC Markets offers live chat; AB Forex does not, making CMC Markets easier to reach in real time. CMC Markets offers phone support; AB Forex does not. CMC Markets offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and CMC Markets supports 8, giving CMC Markets broader global reach. CMC Markets scores higher overall on customer support in our assessment.
| Feature | AB Forex | CMC Markets |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian |