AB Forex
fx choice
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fx choice was established in 2016 and is based in Australia. AB Forex holds licences including Unregulated, while fx choice is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fx choice has 10,000+. The minimum deposit is $100 at AB Forex and $250 at fx choice.
| Feature | AB Forex | fx choice |
|---|---|---|
| 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-F235 |
| Founded | 2003 | 2016 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fx choice, 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 choice). AB Forex charges withdrawal fees while fx choice 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 choice does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fx choice |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fx choice supports social and copy trading features, which AB Forex does not offer. fx choice edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fx choice |
|---|---|---|
| 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 choice compare. fx choice runs regular live webinars; AB Forex does not. fx choice has a video library; AB Forex does not. fx choice publishes daily market commentary; AB Forex does not. fx choice integrates third-party research tools (Trading Central); AB Forex does not. fx choice maintains an archive of past webinars for on-demand viewing. fx choice scores higher overall in education and research.
| Feature | AB Forex | fx choice |
|---|---|---|
| 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 choice uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx choice scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fx choice |
|---|---|---|
| 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 choice offers live chat; AB Forex does not, making fx choice easier to reach in real time. fx choice offers phone support; AB Forex does not. fx choice offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fx choice supports 8, giving fx choice broader global reach. fx choice scores higher overall on customer support in our assessment.
| Feature | AB Forex | fx choice |
|---|---|---|
| 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 |