AB Forex
ifc markets
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while ifc markets was established in 2016 and is based in Cyprus. AB Forex holds licences including Unregulated, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $100 at AB Forex and $250 at ifc markets.
| Feature | AB Forex | ifc markets |
|---|---|---|
| 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-F259 |
| Founded | 2003 | 2016 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and ifc markets, 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 ifc markets). AB Forex charges withdrawal fees while ifc markets does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; ifc markets does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | ifc markets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
ifc markets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | ifc markets |
|---|---|---|
| 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 ifc markets compare. ifc markets has a video library; AB Forex does not. ifc markets integrates third-party research tools (Autochartist); AB Forex does not. ifc markets scores higher overall in education and research.
| Feature | AB Forex | ifc markets |
|---|---|---|
| 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. ifc markets uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | ifc markets |
|---|---|---|
| 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. ifc markets offers live chat; AB Forex does not, making ifc markets easier to reach in real time. ifc markets offers phone support; AB Forex does not. ifc markets offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and ifc markets supports 8, giving ifc markets broader global reach. ifc markets scores higher overall on customer support in our assessment.
| Feature | AB Forex | ifc markets |
|---|---|---|
| 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 |