AB Forex
fx open
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fx open was established in 2019 and is based in Puerto Rico. AB Forex holds licences including Unregulated, while fx open is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fx open has 60,000+. The minimum deposit is $100 at AB Forex and $250 at fx open.
| Feature | AB Forex | fx open |
|---|---|---|
| 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-F238 |
| Founded | 2003 | 2019 |
| Country | STOCKHOLM | Puerto Rico |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fx open, 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 open). AB Forex charges withdrawal fees while fx open does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; fx open does not. AB Forex charges deposit fees; fx open does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fx open |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fx open edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fx open |
|---|---|---|
| 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 open compare. fx open runs regular live webinars; AB Forex does not. fx open has a video library; AB Forex does not. fx open publishes daily market commentary; AB Forex does not. fx open integrates third-party research tools (Trading Central); AB Forex does not. fx open maintains an archive of past webinars for on-demand viewing. fx open scores higher overall in education and research.
| Feature | AB Forex | fx open |
|---|---|---|
| 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 open uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx open scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fx open |
|---|---|---|
| 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 open offers live chat; AB Forex does not, making fx open easier to reach in real time. fx open offers phone support; AB Forex does not. fx open offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fx open supports 8, giving fx open broader global reach. fx open scores higher overall on customer support in our assessment.
| Feature | AB Forex | fx open |
|---|---|---|
| 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 |