AB Forex
fx private
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fx private was established in 2020 and is based in USA. AB Forex holds licences including Unregulated, while fx private is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fx private has 12,000,000+. The minimum deposit is $100 at AB Forex and $250 at fx private.
| Feature | AB Forex | fx private |
|---|---|---|
| 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-F239 |
| Founded | 2003 | 2020 |
| Country | STOCKHOLM | USA |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fx private, 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 private). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; fx private does not. AB Forex charges deposit fees; fx private does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fx private |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fx private edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fx private |
|---|---|---|
| MT4 | No | No |
| 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 private compare. fx private has a video library; AB Forex does not. fx private integrates third-party research tools (Autochartist); AB Forex does not. fx private scores higher overall in education and research.
| Feature | AB Forex | fx private |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx private uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx private scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fx private |
|---|---|---|
| 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 private offers live chat; AB Forex does not, making fx private easier to reach in real time. fx private offers phone support; AB Forex does not. fx private offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fx private supports 8, giving fx private broader global reach. fx private scores higher overall on customer support in our assessment.
| Feature | AB Forex | fx private |
|---|---|---|
| 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 |