AB Forex
phillip capital limited
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while phillip capital limited was established in 2016 and is based in Bulgaria. AB Forex holds licences including Unregulated, while phillip capital limited is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $100 at AB Forex and $250 at phillip capital limited.
| Feature | AB Forex | phillip capital limited |
|---|---|---|
| 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-F295 |
| Founded | 2003 | 2016 |
| Country | STOCKHOLM | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and phillip capital limited, 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 phillip capital limited). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; phillip capital limited does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | phillip capital limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
phillip capital limited edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | phillip capital limited |
|---|---|---|
| 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 phillip capital limited compare. phillip capital limited has a video library; AB Forex does not. phillip capital limited integrates third-party research tools (Autochartist); AB Forex does not. phillip capital limited scores higher overall in education and research.
| Feature | AB Forex | phillip capital limited |
|---|---|---|
| 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. phillip capital limited uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. phillip capital limited scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | phillip capital limited |
|---|---|---|
| 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. phillip capital limited offers live chat; AB Forex does not, making phillip capital limited easier to reach in real time. phillip capital limited offers phone support; AB Forex does not. phillip capital limited offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. phillip capital limited scores higher overall on customer support in our assessment.
| Feature | AB Forex | phillip capital limited |
|---|---|---|
| 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 |