AB Forex
FP Markets
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while FP Markets was established in 2005 and is based in Australia. AB Forex holds licences including Unregulated, while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. AB Forex serves 10,000+ clients worldwide; FP Markets has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | AB Forex | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2005 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and FP Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. AB Forex charges withdrawal fees while FP Markets does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; FP Markets does not. AB Forex charges deposit fees; FP Markets does not. Overall, FP Markets scores higher on fees in our assessment.
| Feature | AB Forex | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
FP Markets supports social and copy trading features, which AB Forex does not offer. FP Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | FP Markets |
|---|---|---|
| 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, IRESS, Mac, 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 FP Markets compare. FP Markets runs regular live webinars; AB Forex does not. FP Markets has a video library; AB Forex does not. FP Markets publishes daily market commentary; AB Forex does not. FP Markets integrates third-party research tools (Trading Central); AB Forex does not. FP Markets maintains an archive of past webinars for on-demand viewing. FP Markets scores higher overall in education and research.
| Feature | AB Forex | FP Markets |
|---|---|---|
| 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. FP Markets uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | FP Markets |
|---|---|---|
| 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. FP Markets offers live chat; AB Forex does not, making FP Markets easier to reach in real time. FP Markets offers phone support; AB Forex does not. FP Markets offers email support; no email support was found for AB Forex. AB Forex offers multilingual support. FP Markets scores higher overall on customer support in our assessment.
| Feature | AB Forex | FP Markets |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | Not available |