AB Forex
orbex
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while orbex was established in 2012 and is based in Cyprus. AB Forex holds licences including Unregulated, while orbex is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; orbex has 10,000+. The minimum deposit is $100 at AB Forex and $250 at orbex.
| Feature | AB Forex | orbex |
|---|---|---|
| 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-F291 |
| Founded | 2003 | 2012 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and orbex, 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 orbex). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; orbex does not. AB Forex charges deposit fees; orbex does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | orbex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
orbex edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | orbex |
|---|---|---|
| MT4 | No | No |
| 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 orbex compare. orbex has a video library; AB Forex does not. orbex integrates third-party research tools (Autochartist); AB Forex does not. orbex scores higher overall in education and research.
| Feature | AB Forex | orbex |
|---|---|---|
| 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. orbex uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. orbex scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | orbex |
|---|---|---|
| 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. orbex offers live chat; AB Forex does not, making orbex easier to reach in real time. orbex offers phone support; AB Forex does not. orbex offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and orbex supports 8, giving orbex broader global reach. orbex scores higher overall on customer support in our assessment.
| Feature | AB Forex | orbex |
|---|---|---|
| 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 |