AB Forex
eToro
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while eToro was established in 2007 and is based in Cyprus, UK. AB Forex holds licences including Unregulated, while eToro is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; eToro has 20,000,000+. The minimum deposit is $100 at AB Forex and $50 at eToro.
AB Forex
eToro
| Feature | AB Forex | eToro |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2007 |
| Country | STOCKHOLM | Cyprus, UK |
| Clients | 10,000+ | 20,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and eToro, 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 eToro). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; eToro does not. Overall, eToro scores higher on fees in our assessment.
| Feature | AB Forex | eToro |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
eToro supports social and copy trading features, which AB Forex does not offer. eToro edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | eToro |
|---|---|---|
| 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, 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 eToro compare. eToro runs regular live webinars; AB Forex does not. eToro has a video library; AB Forex does not. eToro publishes daily market commentary; AB Forex does not. eToro integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. eToro maintains an archive of past webinars for on-demand viewing. eToro scores higher overall in education and research.
| Feature | AB Forex | eToro |
|---|---|---|
| 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. eToro uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. eToro scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | eToro |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. eToro offers live chat; AB Forex does not, making eToro easier to reach in real time. eToro offers phone support; AB Forex does not. eToro offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and eToro supports 5, giving eToro broader global reach. eToro scores higher overall on customer support in our assessment.
| Feature | AB Forex | eToro |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, German, Spanish, French, and Italian |