AB Forex
ForexTB
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while ForexTB was established in 2015 and is based in Cyprus. AB Forex holds licences including Unregulated, while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $100 at AB Forex and $250 at ForexTB.
| Feature | AB Forex | ForexTB |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Founded | 2003 | 2015 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and ForexTB, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at ForexTB). AB Forex charges withdrawal fees while ForexTB does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; ForexTB does not. AB Forex charges deposit fees; ForexTB does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | ForexTB |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | ForexTB |
|---|---|---|
| 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, 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 ForexTB compare. ForexTB runs regular live webinars; AB Forex does not. ForexTB has a video library; AB Forex does not. ForexTB publishes daily market commentary; AB Forex does not. ForexTB integrates third-party research tools (Trading Central); AB Forex does not. ForexTB maintains an archive of past webinars for on-demand viewing. ForexTB scores higher overall in education and research.
| Feature | AB Forex | ForexTB |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ForexTB uniquely supports bank transfer and credit/debit card among the two brokers. ForexTB scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | ForexTB |
|---|---|---|
| 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. ForexTB offers live chat; AB Forex does not, making ForexTB easier to reach in real time. ForexTB offers phone support; AB Forex does not. ForexTB offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. ForexTB scores higher overall on customer support in our assessment.
| Feature | AB Forex | ForexTB |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |