AB Forex
Interactive Brokers
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Interactive Brokers was established in 1977 and is based in United States. AB Forex holds licences including Unregulated, while Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX among others. AB Forex serves 10,000+ clients worldwide; Interactive Brokers has 1,000,000+. The minimum deposit is $100 at AB Forex and $1 at Interactive Brokers.
| Feature | AB Forex | Interactive Brokers |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917). |
| Founded | 2003 | 1977 |
| Country | STOCKHOLM | United States |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Interactive Brokers, directly affecting your bottom line as a trader. Interactive Brokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at AB Forex). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; Interactive Brokers does not. AB Forex charges deposit fees; Interactive Brokers does not. Overall, Interactive Brokers scores higher on fees in our assessment.
| Feature | AB Forex | Interactive Brokers |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Interactive Brokers supports social and copy trading features, which AB Forex does not offer. Interactive Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Interactive Brokers |
|---|---|---|
| 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) | Web Trader, NinjaTrader, 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 Interactive Brokers compare. Interactive Brokers runs regular live webinars; AB Forex does not. Interactive Brokers has a video library; AB Forex does not. Interactive Brokers publishes daily market commentary; AB Forex does not. Interactive Brokers integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. Interactive Brokers maintains an archive of past webinars for on-demand viewing. Interactive Brokers scores higher overall in education and research.
| Feature | AB Forex | Interactive Brokers |
|---|---|---|
| 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. Interactive Brokers uniquely supports bank transfer and credit/debit card among the two brokers. Interactive Brokers scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Interactive Brokers |
|---|---|---|
| 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. Interactive Brokers offers live chat; AB Forex does not, making Interactive Brokers easier to reach in real time. Interactive Brokers offers phone support; AB Forex does not. Interactive Brokers offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Interactive Brokers scores higher overall on customer support in our assessment.
| Feature | AB Forex | Interactive Brokers |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |