AB Forex
fxglobe
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fxglobe was established in 2012 and is based in Malta. AB Forex holds licences including Unregulated, while fxglobe is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fxglobe has 10,000+. The minimum deposit is $100 at AB Forex and $250 at fxglobe.
| Feature | AB Forex | fxglobe |
|---|---|---|
| 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-F243 |
| Founded | 2003 | 2012 |
| Country | STOCKHOLM | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fxglobe, 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 fxglobe). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; fxglobe does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fxglobe |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fxglobe edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fxglobe |
|---|---|---|
| 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 fxglobe compare. fxglobe runs regular live webinars; AB Forex does not. fxglobe has a video library; AB Forex does not. fxglobe publishes daily market commentary; AB Forex does not. fxglobe integrates third-party research tools (Trading Central); AB Forex does not. fxglobe maintains an archive of past webinars for on-demand viewing. fxglobe scores higher overall in education and research.
| Feature | AB Forex | fxglobe |
|---|---|---|
| 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. fxglobe uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fxglobe scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fxglobe |
|---|---|---|
| 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. fxglobe offers live chat; AB Forex does not, making fxglobe easier to reach in real time. fxglobe offers phone support; AB Forex does not. fxglobe offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fxglobe supports 8, giving fxglobe broader global reach. fxglobe scores higher overall on customer support in our assessment.
| Feature | AB Forex | fxglobe |
|---|---|---|
| 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 |