AB Forex
IronFX
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while IronFX was established in 2010 and is based in Cyprus. AB Forex holds licences including Unregulated, while IronFX is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; IronFX has 10,000+. The minimum deposit is $100 at AB Forex and $500 at IronFX.
| Feature | AB Forex | IronFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2003 | 2010 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and IronFX, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $500 at IronFX). AB Forex charges withdrawal fees while IronFX does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; IronFX does not. AB Forex charges deposit fees; IronFX does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | IronFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
IronFX supports social and copy trading features, which AB Forex does not offer. IronFX edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | IronFX |
|---|---|---|
| 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, Mirror Trader, Web Trader, 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 IronFX compare. IronFX has a video library; AB Forex does not. IronFX integrates third-party research tools (Autochartist); AB Forex does not. IronFX scores higher overall in education and research.
| Feature | AB Forex | IronFX |
|---|---|---|
| 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. IronFX uniquely supports bank transfer and credit/debit card among the two brokers. IronFX scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | IronFX |
|---|---|---|
| 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. IronFX offers live chat; AB Forex does not, making IronFX easier to reach in real time. IronFX offers phone support; AB Forex does not. IronFX offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. IronFX scores higher overall on customer support in our assessment.
| Feature | AB Forex | IronFX |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |