AB Forex
Forex Financial Services
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Forex Financial Services was established in 2008 and is based in Australia. AB Forex holds licences including Unregulated, while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. AB Forex serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $100 at AB Forex and $2500 at Forex Financial Services.
| Feature | AB Forex | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | Unregulated | Australian Securities and investment Commission (ASIC) |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Forex Financial Services, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Forex Financial Services). AB Forex charges withdrawal fees while Forex Financial Services does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Forex Financial Services does not. AB Forex charges deposit fees; Forex Financial Services does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Forex Financial Services supports social and copy trading features, which AB Forex does not offer. Forex Financial Services edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Forex Financial Services |
|---|---|---|
| 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Forex Financial Services compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | Forex Financial Services |
|---|---|---|
| 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. Forex Financial Services uniquely supports bank transfer and credit/debit card among the two brokers. Forex Financial Services scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Forex Financial Services |
|---|---|---|
| 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. Forex Financial Services offers live chat; AB Forex does not, making Forex Financial Services easier to reach in real time. Forex Financial Services offers phone support; AB Forex does not. Forex Financial Services offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Forex Financial Services scores higher overall on customer support in our assessment.
| Feature | AB Forex | Forex Financial Services |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |