AB Forex
Teletrade
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Teletrade was established in 2008 and is based in Cyprus. AB Forex holds licences including Unregulated, while Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; Teletrade has 50,000+. Both brokers share the same minimum deposit of $100.
| Feature | AB Forex | Teletrade |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 50,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Teletrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. AB Forex charges withdrawal fees while Teletrade does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Teletrade does not. AB Forex charges deposit fees; Teletrade does not. Overall, Teletrade scores higher on fees in our assessment.
| Feature | AB Forex | Teletrade |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Teletrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Teletrade |
|---|---|---|
| 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, Web Trader, Tablet & Mobile apps (Ios & Android) |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Teletrade compare. Teletrade runs regular live webinars; AB Forex does not. Teletrade has a video library; AB Forex does not. Teletrade publishes daily market commentary; AB Forex does not. Teletrade integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. Teletrade maintains an archive of past webinars for on-demand viewing. Teletrade scores higher overall in education and research.
| Feature | AB Forex | Teletrade |
|---|---|---|
| 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. Teletrade uniquely supports Skrill and Neteller among the two brokers. Teletrade scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Teletrade |
|---|---|---|
| Bank Transfer | No | No |
| Credit Card | No | No |
| PayPal | No | No |
| 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. Teletrade offers live chat; AB Forex does not, making Teletrade easier to reach in real time. Teletrade offers phone support; AB Forex does not. Teletrade offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and Teletrade supports 15, giving Teletrade broader global reach. Teletrade scores higher overall on customer support in our assessment.
| Feature | AB Forex | Teletrade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |