AB Forex
lightspeed
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while lightspeed was established in 2014 and is based in USA. AB Forex holds licences including Unregulated, while lightspeed is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; lightspeed has 142,500+. The minimum deposit is $100 at AB Forex and $250 at lightspeed.
| Feature | AB Forex | lightspeed |
|---|---|---|
| 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-F269 |
| Founded | 2003 | 2014 |
| Country | STOCKHOLM | USA |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between AB Forex and lightspeed, 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 lightspeed). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; lightspeed does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | lightspeed |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
lightspeed supports social and copy trading features, which AB Forex does not offer. lightspeed edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | lightspeed |
|---|---|---|
| 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 lightspeed compare. lightspeed runs regular live webinars; AB Forex does not. lightspeed has a video library; AB Forex does not. lightspeed publishes daily market commentary; AB Forex does not. lightspeed integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. lightspeed maintains an archive of past webinars for on-demand viewing. lightspeed scores higher overall in education and research.
| Feature | AB Forex | lightspeed |
|---|---|---|
| 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. lightspeed uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. lightspeed scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | lightspeed |
|---|---|---|
| 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. lightspeed offers live chat; AB Forex does not, making lightspeed easier to reach in real time. lightspeed offers phone support; AB Forex does not. lightspeed offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and lightspeed supports 8, giving lightspeed broader global reach. lightspeed scores higher overall on customer support in our assessment.
| Feature | AB Forex | lightspeed |
|---|---|---|
| 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 |