AB Forex
selftrade
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while selftrade was established in 2013 and is based in Australia. AB Forex holds licences including Unregulated, while selftrade is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; selftrade has 14,000,000+. The minimum deposit is $100 at AB Forex and $250 at selftrade.
| Feature | AB Forex | selftrade |
|---|---|---|
| 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-F304 |
| Founded | 2003 | 2013 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and selftrade, 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 selftrade). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; selftrade does not. AB Forex charges deposit fees; selftrade does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | selftrade |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
selftrade supports social and copy trading features, which AB Forex does not offer. selftrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | selftrade |
|---|---|---|
| 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 selftrade compare. selftrade has a video library; AB Forex does not. selftrade integrates third-party research tools (Autochartist); AB Forex does not. selftrade scores higher overall in education and research.
| Feature | AB Forex | selftrade |
|---|---|---|
| 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. selftrade uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. selftrade scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | selftrade |
|---|---|---|
| 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. selftrade offers live chat; AB Forex does not, making selftrade easier to reach in real time. selftrade offers phone support; AB Forex does not. selftrade offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and selftrade supports 8, giving selftrade broader global reach. selftrade scores higher overall on customer support in our assessment.
| Feature | AB Forex | selftrade |
|---|---|---|
| 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 |