AB Forex
Ellevest
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Ellevest was established in 2008 and is based in USA. Both brokers are regulated by Unregulated, among other authorities. AB Forex serves 10,000+ clients worldwide; Ellevest has 10,000+. The minimum deposit is $100 at AB Forex and $1 at Ellevest.
| Feature | AB Forex | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | Unregulated |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Ellevest, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $100 at AB Forex). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; Ellevest does not. Overall, Ellevest scores higher on fees in our assessment.
| Feature | AB Forex | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ellevest edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Ellevest |
|---|---|---|
| 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) | Windows, Android, Mac OS, iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Ellevest compare. Ellevest has a video library; AB Forex does not. Ellevest integrates third-party research tools (Autochartist); AB Forex does not. Ellevest scores higher overall in education and research.
| Feature | AB Forex | Ellevest |
|---|---|---|
| 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. Ellevest uniquely supports bank transfer and credit/debit card among the two brokers. Ellevest scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Ellevest |
|---|---|---|
| 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. Ellevest offers live chat; AB Forex does not, making Ellevest easier to reach in real time. Ellevest offers phone support; AB Forex does not. Ellevest offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Ellevest scores higher overall on customer support in our assessment.
| Feature | AB Forex | Ellevest |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |