B

AB Forex

0.3/10

Degiro

7.4/10
3/10RegulationWinner9/10
2/10FeesWinner10/10
0/10PlatformsWinner9/10
0/10Education & ResearchWinner4/10
0/10Deposits & WithdrawalsWinner4/10
0/10SupportWinner10/10

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Overview

AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Degiro was established in 1934 and is based in Netherlands. AB Forex holds licences including Unregulated, while Degiro is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; Degiro has 600,000+. The minimum deposit is $100 at AB Forex and $0 at Degiro.

Degiro wins this category
FeatureAB ForexDegiro
Min. Deposit$100$0
RegulationUnregulatedFinancial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)
Founded20031934
CountrySTOCKHOLMNetherlands
Clients10,000+600,000+

Fees

Fees are a critical factor when choosing between AB Forex and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at AB Forex). AB Forex charges withdrawal fees while Degiro does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Degiro does not. AB Forex charges deposit fees; Degiro does not. Overall, Degiro scores higher on fees in our assessment.

Degiro wins this category
FeatureAB ForexDegiro
Min. Deposit$100$0
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Degiro edges ahead on platform breadth and functionality in our scoring.

Degiro wins this category
FeatureAB ForexDegiro
MT4NoYes
MT5NoYes
cTraderNoYes
Windows AppNoYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsDealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web)MetaTrader 4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Degiro compare. Degiro has a video library; AB Forex does not. Degiro integrates third-party research tools (Autochartist); AB Forex does not. Degiro scores higher overall in education and research.

Degiro wins this category
FeatureAB ForexDegiro
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Degiro uniquely supports bank transfer and credit/debit card among the two brokers. Degiro scores higher on deposit and withdrawal flexibility.

Degiro wins this category
FeatureAB ForexDegiro
Bank TransferNoYes
Credit CardNoYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Degiro offers live chat; AB Forex does not, making Degiro easier to reach in real time. Degiro offers phone support; AB Forex does not. Degiro offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Degiro scores higher overall on customer support in our assessment.

Degiro wins this category
FeatureAB ForexDegiro
Live ChatNoYes
Phone SupportNoYes
Email SupportNoYes
LanguagesEnglish, and ChineseEnglish, and Chinese