AB Forex
FXCM
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while FXCM was established in 1999 and is based in United States. AB Forex holds licences including Unregulated, while FXCM is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; FXCM has 10,000+. The minimum deposit is $100 at AB Forex and $1 at FXCM.
| Feature | AB Forex | FXCM |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2003 | 1999 |
| Country | STOCKHOLM | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and FXCM, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $100 at AB Forex). AB Forex charges withdrawal fees while FXCM does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; FXCM does not. AB Forex charges deposit fees; FXCM does not. Overall, FXCM scores higher on fees in our assessment.
| Feature | AB Forex | FXCM |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
FXCM edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | FXCM |
|---|---|---|
| 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, Mirror Trader, Web Trader, NinjaTrader, 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 FXCM compare. FXCM runs regular live webinars; AB Forex does not. FXCM has a video library; AB Forex does not. FXCM publishes daily market commentary; AB Forex does not. FXCM integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. FXCM maintains an archive of past webinars for on-demand viewing. FXCM scores higher overall in education and research.
| Feature | AB Forex | FXCM |
|---|---|---|
| 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. FXCM uniquely supports bank transfer and credit/debit card among the two brokers. FXCM scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | FXCM |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. FXCM offers live chat; AB Forex does not, making FXCM easier to reach in real time. FXCM offers phone support; AB Forex does not. FXCM offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. FXCM scores higher overall on customer support in our assessment.
| Feature | AB Forex | FXCM |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |