AB Forex
Plus500
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Plus500 was established in 2008 and is based in Israel. AB Forex holds licences including Unregulated, while Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909) among others. AB Forex serves 10,000+ clients worldwide; Plus500 has 1,000,000+. Both brokers share the same minimum deposit of $100.
| Feature | AB Forex | Plus500 |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Unregulated | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Israel |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Plus500, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. AB Forex charges withdrawal fees while Plus500 does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; Plus500 does not. Overall, Plus500 scores higher on fees in our assessment.
| Feature | AB Forex | Plus500 |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Plus500 supports social and copy trading features, which AB Forex does not offer. Plus500 edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Plus500 |
|---|---|---|
| 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 Trader, 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 Plus500 compare. Plus500 runs regular live webinars; AB Forex does not. Plus500 has a video library; AB Forex does not. Plus500 publishes daily market commentary; AB Forex does not. Plus500 integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. Plus500 maintains an archive of past webinars for on-demand viewing. Plus500 scores higher overall in education and research.
| Feature | AB Forex | Plus500 |
|---|---|---|
| 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. Plus500 uniquely supports bank transfer and credit/debit card and PayPal and Skrill among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Plus500 |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Plus500 offers live chat; AB Forex does not, making Plus500 easier to reach in real time. Plus500 offers phone support; AB Forex does not. Plus500 offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and Plus500 supports 15, giving Plus500 broader global reach. Plus500 scores higher overall on customer support in our assessment.
| Feature | AB Forex | Plus500 |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |