AB Forex
forextime
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while forextime was established in 2011 and is based in Lebanon. AB Forex holds licences including Unregulated, while forextime is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; forextime has 200,000+. The minimum deposit is $100 at AB Forex and $250 at forextime.
| Feature | AB Forex | forextime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230 |
| Founded | 2003 | 2011 |
| Country | STOCKHOLM | Lebanon |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and forextime, 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 forextime). AB Forex charges withdrawal fees while forextime does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; forextime does not. AB Forex charges deposit fees; forextime does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | forextime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
forextime edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | forextime |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, cTrader, 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 forextime compare. forextime runs regular live webinars; AB Forex does not. forextime has a video library; AB Forex does not. forextime publishes daily market commentary; AB Forex does not. forextime integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. forextime maintains an archive of past webinars for on-demand viewing. forextime scores higher overall in education and research.
| Feature | AB Forex | forextime |
|---|---|---|
| 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. forextime uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | forextime |
|---|---|---|
| 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. forextime offers live chat; AB Forex does not, making forextime easier to reach in real time. forextime offers phone support; AB Forex does not. forextime offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and forextime supports 8, giving forextime broader global reach. forextime scores higher overall on customer support in our assessment.
| Feature | AB Forex | forextime |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |