AB Forex
instaforex
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while instaforex was established in 2017 and is based in Russia. AB Forex holds licences including Unregulated, while instaforex is regulated by BVI FSC among others. AB Forex serves 10,000+ clients worldwide; instaforex has 12,000,000+. The minimum deposit is $100 at AB Forex and $250 at instaforex.
| Feature | AB Forex | instaforex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | BVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321 |
| Founded | 2003 | 2017 |
| Country | STOCKHOLM | Russia |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and instaforex, 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 instaforex). AB Forex charges withdrawal fees while instaforex 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; instaforex does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | instaforex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
instaforex supports social and copy trading features, which AB Forex does not offer. instaforex edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | instaforex |
|---|---|---|
| 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 instaforex compare. instaforex runs regular live webinars; AB Forex does not. instaforex has a video library; AB Forex does not. instaforex publishes daily market commentary; AB Forex does not. instaforex integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. instaforex maintains an archive of past webinars for on-demand viewing. instaforex scores higher overall in education and research.
| Feature | AB Forex | instaforex |
|---|---|---|
| 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. instaforex uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. instaforex scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | instaforex |
|---|---|---|
| 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. instaforex offers live chat; AB Forex does not, making instaforex easier to reach in real time. instaforex offers phone support; AB Forex does not. instaforex offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and instaforex supports 8, giving instaforex broader global reach. instaforex scores higher overall on customer support in our assessment.
| Feature | AB Forex | instaforex |
|---|---|---|
| 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 |