AB Forex
gcm forex
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while gcm forex was established in 2017 and is based in USA. AB Forex holds licences including Unregulated, while gcm forex is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; gcm forex has 142,500+. The minimum deposit is $100 at AB Forex and $250 at gcm forex.
| Feature | AB Forex | gcm forex |
|---|---|---|
| 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-F248 |
| Founded | 2003 | 2017 |
| Country | STOCKHOLM | USA |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between AB Forex and gcm forex, 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 gcm forex). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; gcm forex does not. AB Forex charges deposit fees; gcm forex does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | gcm forex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
gcm forex supports social and copy trading features, which AB Forex does not offer. gcm forex edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | gcm forex |
|---|---|---|
| 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 gcm forex compare. gcm forex has a video library; AB Forex does not. gcm forex integrates third-party research tools (Autochartist); AB Forex does not. gcm forex scores higher overall in education and research.
| Feature | AB Forex | gcm forex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. gcm forex uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. gcm forex scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | gcm forex |
|---|---|---|
| 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. gcm forex offers live chat; AB Forex does not, making gcm forex easier to reach in real time. gcm forex offers phone support; AB Forex does not. gcm forex offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and gcm forex supports 8, giving gcm forex broader global reach. gcm forex scores higher overall on customer support in our assessment.
| Feature | AB Forex | gcm forex |
|---|---|---|
| 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 |