AB Forex
fx next
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fx next was established in 2018 and is based in Dubai. AB Forex holds licences including Unregulated, while fx next is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fx next has 10,000+. The minimum deposit is $100 at AB Forex and $250 at fx next.
| Feature | AB Forex | fx next |
|---|---|---|
| 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-F237 |
| Founded | 2003 | 2018 |
| Country | STOCKHOLM | Dubai |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fx next, 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 next). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; fx next does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fx next |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
fx next edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fx next |
|---|---|---|
| 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 next compare. fx next runs regular live webinars; AB Forex does not. fx next has a video library; AB Forex does not. fx next publishes daily market commentary; AB Forex does not. fx next integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. fx next maintains an archive of past webinars for on-demand viewing. fx next scores higher overall in education and research.
| Feature | AB Forex | fx next |
|---|---|---|
| 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. fx next uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx next scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fx next |
|---|---|---|
| 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 next offers live chat; AB Forex does not, making fx next easier to reach in real time. fx next offers phone support; AB Forex does not. fx next offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fx next supports 8, giving fx next broader global reach. fx next scores higher overall on customer support in our assessment.
| Feature | AB Forex | fx next |
|---|---|---|
| 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 |