AB Forex
multibank exchange group
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while multibank exchange group was established in 2015 and is based in Cyprus. AB Forex holds licences including Unregulated, while multibank exchange group is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; multibank exchange group has 10,000+. The minimum deposit is $100 at AB Forex and $250 at multibank exchange group.
| Feature | AB Forex | multibank exchange group |
|---|---|---|
| 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-F282 |
| Founded | 2003 | 2015 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and multibank exchange group, 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 multibank exchange group). AB Forex charges withdrawal fees while multibank exchange group does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; multibank exchange group does not. AB Forex charges deposit fees; multibank exchange group does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | multibank exchange group |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
multibank exchange group supports social and copy trading features, which AB Forex does not offer. multibank exchange group edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | multibank exchange group |
|---|---|---|
| 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 multibank exchange group compare. multibank exchange group has a video library; AB Forex does not. multibank exchange group integrates third-party research tools (Autochartist); AB Forex does not. multibank exchange group scores higher overall in education and research.
| Feature | AB Forex | multibank exchange group |
|---|---|---|
| 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. multibank exchange group uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. multibank exchange group scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | multibank exchange group |
|---|---|---|
| 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. multibank exchange group offers live chat; AB Forex does not, making multibank exchange group easier to reach in real time. multibank exchange group offers phone support; AB Forex does not. multibank exchange group offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and multibank exchange group supports 8, giving multibank exchange group broader global reach. multibank exchange group scores higher overall on customer support in our assessment.
| Feature | AB Forex | multibank exchange group |
|---|---|---|
| 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 |