AB Forex
fx central clearing
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fx central clearing was established in 2015 and is based in Portugal. AB Forex holds licences including Unregulated, while fx central clearing is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fx central clearing has 30,000+. The minimum deposit is $100 at AB Forex and $250 at fx central clearing.
| Feature | AB Forex | fx central clearing |
|---|---|---|
| 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-F234 |
| Founded | 2003 | 2015 |
| Country | STOCKHOLM | Portugal |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fx central clearing, 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 fx central clearing). AB Forex charges withdrawal fees while fx central clearing 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; fx central clearing does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fx central clearing |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fx central clearing edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fx central clearing |
|---|---|---|
| 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 fx central clearing compare. fx central clearing runs regular live webinars; AB Forex does not. fx central clearing has a video library; AB Forex does not. fx central clearing publishes daily market commentary; AB Forex does not. fx central clearing integrates third-party research tools (Trading Central); AB Forex does not. fx central clearing maintains an archive of past webinars for on-demand viewing. fx central clearing scores higher overall in education and research.
| Feature | AB Forex | fx central clearing |
|---|---|---|
| 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. fx central clearing uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx central clearing scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fx central clearing |
|---|---|---|
| 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. fx central clearing offers live chat; AB Forex does not, making fx central clearing easier to reach in real time. fx central clearing offers phone support; AB Forex does not. fx central clearing offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fx central clearing supports 8, giving fx central clearing broader global reach. fx central clearing scores higher overall on customer support in our assessment.
| Feature | AB Forex | fx central clearing |
|---|---|---|
| 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 |