AB Forex
PaxForex
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. AB Forex holds licences including Unregulated, while PaxForex is regulated by Financial Services Authority (FSA) among others. AB Forex serves 10,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $100 at AB Forex and $10 at PaxForex.
| Feature | AB Forex | PaxForex |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Regulation | Unregulated | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 |
| Founded | 2003 | 2011 |
| Country | STOCKHOLM | Saint Vincent and the Grenadines |
| Clients | 10,000+ | 350+ |
Fees
Fees are a critical factor when choosing between AB Forex and PaxForex, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $100 at AB Forex). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; PaxForex does not. AB Forex charges deposit fees; PaxForex does not. Overall, PaxForex scores higher on fees in our assessment.
| Feature | AB Forex | PaxForex |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
PaxForex supports social and copy trading features, which AB Forex does not offer. PaxForex edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | PaxForex |
|---|---|---|
| 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) | Web, iPad, mac, Desktop, iPhone iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and PaxForex compare. PaxForex runs regular live webinars; AB Forex does not. PaxForex has a video library; AB Forex does not. PaxForex publishes daily market commentary; AB Forex does not. PaxForex integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. PaxForex maintains an archive of past webinars for on-demand viewing. PaxForex scores higher overall in education and research.
| Feature | AB Forex | PaxForex |
|---|---|---|
| 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. PaxForex uniquely supports bank transfer and credit/debit card and Skrill and Neteller among the two brokers. PaxForex scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | PaxForex |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| 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. PaxForex offers live chat; AB Forex does not, making PaxForex easier to reach in real time. PaxForex offers phone support; AB Forex does not. PaxForex offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. PaxForex scores higher overall on customer support in our assessment.
| Feature | AB Forex | PaxForex |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |