AB Forex
mbcfx
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while mbcfx was established in 2021 and is based in Puerto Rico. AB Forex holds licences including Unregulated, while mbcfx is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; mbcfx has 30,000+. The minimum deposit is $100 at AB Forex and $250 at mbcfx.
| Feature | AB Forex | mbcfx |
|---|---|---|
| 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-F276 |
| Founded | 2003 | 2021 |
| Country | STOCKHOLM | Puerto Rico |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and mbcfx, 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 mbcfx). AB Forex charges withdrawal fees while mbcfx does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; mbcfx does not. AB Forex charges deposit fees; mbcfx does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | mbcfx |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
mbcfx supports social and copy trading features, which AB Forex does not offer. mbcfx edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | mbcfx |
|---|---|---|
| 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 mbcfx compare. mbcfx has a video library; AB Forex does not. mbcfx integrates third-party research tools (Autochartist); AB Forex does not. mbcfx scores higher overall in education and research.
| Feature | AB Forex | mbcfx |
|---|---|---|
| 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. mbcfx uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. mbcfx scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | mbcfx |
|---|---|---|
| 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. mbcfx offers live chat; AB Forex does not, making mbcfx easier to reach in real time. mbcfx offers phone support; AB Forex does not. mbcfx offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and mbcfx supports 8, giving mbcfx broader global reach. mbcfx scores higher overall on customer support in our assessment.
| Feature | AB Forex | mbcfx |
|---|---|---|
| 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 |