AB Forex
FXNet
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while FXNet was established in 2012 and is based in Cyprus. AB Forex holds licences including Unregulated, while FXNet is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; FXNet has 10,000+. The minimum deposit is $100 at AB Forex and $50 at FXNet.
| Feature | AB Forex | FXNet |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2012 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and FXNet, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $50 at FXNet). AB Forex charges withdrawal fees while FXNet does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; FXNet does not. AB Forex charges deposit fees; FXNet does not. Overall, FXNet scores higher on fees in our assessment.
| Feature | AB Forex | FXNet |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
FXNet supports social and copy trading features, which AB Forex does not offer. FXNet edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | FXNet |
|---|---|---|
| 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, Web Trader, 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 FXNet compare. FXNet runs regular live webinars; AB Forex does not. FXNet has a video library; AB Forex does not. FXNet publishes daily market commentary; AB Forex does not. FXNet integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. FXNet maintains an archive of past webinars for on-demand viewing. FXNet scores higher overall in education and research.
| Feature | AB Forex | FXNet |
|---|---|---|
| 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. FXNet uniquely supports bank transfer and credit/debit card among the two brokers. FXNet scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | FXNet |
|---|---|---|
| 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. FXNet offers live chat; AB Forex does not, making FXNet easier to reach in real time. FXNet offers phone support; AB Forex does not. FXNet offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. FXNet scores higher overall on customer support in our assessment.
| Feature | AB Forex | FXNet |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |