AB Forex
fxgrow
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while fxgrow was established in 2014 and is based in USA. AB Forex holds licences including Unregulated, while fxgrow is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; fxgrow has 3,500,000+. The minimum deposit is $100 at AB Forex and $250 at fxgrow.
| Feature | AB Forex | fxgrow |
|---|---|---|
| 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-F245 |
| Founded | 2003 | 2014 |
| Country | STOCKHOLM | USA |
| Clients | 10,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and fxgrow, 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 fxgrow). AB Forex charges withdrawal fees while fxgrow does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; fxgrow does not. AB Forex charges deposit fees; fxgrow does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | fxgrow |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fxgrow supports social and copy trading features, which AB Forex does not offer. fxgrow edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | fxgrow |
|---|---|---|
| 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 fxgrow compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | fxgrow |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxgrow uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. fxgrow scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | fxgrow |
|---|---|---|
| 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. fxgrow offers live chat; AB Forex does not, making fxgrow easier to reach in real time. fxgrow offers phone support; AB Forex does not. fxgrow offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and fxgrow supports 8, giving fxgrow broader global reach. fxgrow scores higher overall on customer support in our assessment.
| Feature | AB Forex | fxgrow |
|---|---|---|
| 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 |