AB Forex
Finmax
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Finmax was established in 2008 and is based in Bulgaria. AB Forex holds licences including Unregulated, while Finmax is regulated by Financial Services Authority (FSA) among others. AB Forex serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $100 at AB Forex and $0 at Finmax.
| Feature | AB Forex | Finmax |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | Financial Services Authority (FSA) |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Finmax, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100 at AB Forex). AB Forex charges withdrawal fees while Finmax does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; Finmax does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | AB Forex | Finmax |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Finmax edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Finmax |
|---|---|---|
| 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) | MT4,MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Finmax compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | Finmax |
|---|---|---|
| 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. Finmax uniquely supports bank transfer and credit/debit card among the two brokers. Finmax scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Finmax |
|---|---|---|
| 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. Finmax offers live chat; AB Forex does not, making Finmax easier to reach in real time. Finmax offers phone support; AB Forex does not. Finmax offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Finmax scores higher overall on customer support in our assessment.
| Feature | AB Forex | Finmax |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |