AB Forex
IG
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while IG was established in 1974 and is based in UK. AB Forex holds licences including Unregulated, while IG is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; IG has 178,500+. The minimum deposit is $100 at AB Forex and $200 at IG.
| Feature | AB Forex | IG |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2003 | 1974 |
| Country | STOCKHOLM | UK |
| Clients | 10,000+ | 178,500+ |
Fees
Fees are a critical factor when choosing between AB Forex and IG, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IG). AB Forex charges withdrawal fees while IG does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; IG does not. AB Forex charges deposit fees; IG does not. Overall, IG scores higher on fees in our assessment.
| Feature | AB Forex | IG |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
IG supports social and copy trading features, which AB Forex does not offer. IG edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | IG |
|---|---|---|
| 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, Mac, Web Trader, L2 Dealer, 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 IG compare. IG runs regular live webinars; AB Forex does not. IG has a video library; AB Forex does not. IG publishes daily market commentary; AB Forex does not. IG integrates third-party research tools (Trading Central); AB Forex does not. IG maintains an archive of past webinars for on-demand viewing. IG scores higher overall in education and research.
| Feature | AB Forex | IG |
|---|---|---|
| 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. IG uniquely supports bank transfer and credit/debit card and PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | IG |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| 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. IG offers live chat; AB Forex does not, making IG easier to reach in real time. IG offers phone support; AB Forex does not. IG offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and IG supports 5, giving IG broader global reach. IG scores higher overall on customer support in our assessment.
| Feature | AB Forex | IG |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, French, German, Spanish, and Portuguese |