AB Forex
fxcl markets
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fxcl markets was established in 2006 and is based in Cayman Islands. AB Forex holds licences including Unregulated, while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. AB Forex serves 10,000+ clients worldwide; fxcl markets has 10,000+. The minimum deposit is $100 at AB Forex and $250 at fxcl markets.
| Feature | AB Forex | fxcl markets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | Financial Services Authority (FSA) number 1637 |
| Founded | 2003 | 2006 |
| Country | STOCKHOLM | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fxcl markets, 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 fxcl markets). AB Forex charges withdrawal fees while fxcl markets does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; fxcl markets does not. AB Forex charges deposit fees; fxcl markets does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fxcl markets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fxcl markets supports social and copy trading features, which AB Forex does not offer. fxcl markets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fxcl markets |
|---|---|---|
| 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 fxcl markets compare. fxcl markets runs regular live webinars; AB Forex does not. fxcl markets has a video library; AB Forex does not. fxcl markets publishes daily market commentary; AB Forex does not. fxcl markets integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | AB Forex | fxcl markets |
|---|---|---|
| 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. fxcl markets uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fxcl markets |
|---|---|---|
| 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. fxcl markets offers live chat; AB Forex does not, making fxcl markets easier to reach in real time. fxcl markets offers phone support; AB Forex does not. fxcl markets offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fxcl markets supports 8, giving fxcl markets broader global reach. fxcl markets scores higher overall on customer support in our assessment.
| Feature | AB Forex | fxcl markets |
|---|---|---|
| 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 |