AB Forex
Saxo Markets
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 Saxo Markets was established in 2012 and is based in Denmark. AB Forex holds licences including Unregulated, while Saxo Markets is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $100 at AB Forex and $6500 at Saxo Markets.
| Feature | AB Forex | Saxo Markets |
|---|---|---|
| Min. Deposit | $100 | $6500 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2003 | 2012 |
| Country | STOCKHOLM | Denmark |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Saxo Markets, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $6500 at Saxo Markets). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; Saxo Markets does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | Saxo Markets |
|---|---|---|
| Min. Deposit | $100 | $6500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Saxo Markets supports social and copy trading features, which AB Forex does not offer. Saxo Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Saxo Markets |
|---|---|---|
| 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) | Mac, 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 Saxo Markets compare. Saxo Markets has a video library; AB Forex does not. Saxo Markets integrates third-party research tools (Autochartist); AB Forex does not. Saxo Markets scores higher overall in education and research.
| Feature | AB Forex | Saxo Markets |
|---|---|---|
| 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. Saxo Markets uniquely supports bank transfer and credit/debit card among the two brokers. Saxo Markets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Saxo Markets |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Saxo Markets offers live chat; AB Forex does not, making Saxo Markets easier to reach in real time. Saxo Markets offers phone support; AB Forex does not. Saxo Markets offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Saxo Markets scores higher overall on customer support in our assessment.
| Feature | AB Forex | Saxo Markets |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |