AB Forex
synergy fx
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while synergy fx was established in 2013 and is based in Cayman Islands. AB Forex holds licences including Unregulated, while synergy fx is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; synergy fx has 10,000+. The minimum deposit is $100 at AB Forex and $250 at synergy fx.
| Feature | AB Forex | synergy fx |
|---|---|---|
| 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-F316 |
| Founded | 2003 | 2013 |
| Country | STOCKHOLM | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and synergy fx, 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 synergy fx). AB Forex charges withdrawal fees while synergy fx does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; synergy fx does not. AB Forex charges deposit fees; synergy fx does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | synergy fx |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
synergy fx supports social and copy trading features, which AB Forex does not offer. synergy fx edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | synergy fx |
|---|---|---|
| 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 synergy fx compare. synergy fx runs regular live webinars; AB Forex does not. synergy fx has a video library; AB Forex does not. synergy fx publishes daily market commentary; AB Forex does not. synergy fx integrates third-party research tools (Trading Central); AB Forex does not. synergy fx maintains an archive of past webinars for on-demand viewing. synergy fx scores higher overall in education and research.
| Feature | AB Forex | synergy fx |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. synergy fx uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. synergy fx scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | synergy fx |
|---|---|---|
| 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. synergy fx offers live chat; AB Forex does not, making synergy fx easier to reach in real time. synergy fx offers phone support; AB Forex does not. synergy fx offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and synergy fx supports 8, giving synergy fx broader global reach. synergy fx scores higher overall on customer support in our assessment.
| Feature | AB Forex | synergy fx |
|---|---|---|
| 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 |