AB Forex
ThinkMarkets
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while ThinkMarkets was established in 2010 and is based in Australia & United Kingdom. AB Forex holds licences including Unregulated, while ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250 among others. AB Forex serves 10,000+ clients worldwide; ThinkMarkets has 475,000+. The minimum deposit is $100 at AB Forex and $0 at ThinkMarkets.
| Feature | AB Forex | ThinkMarkets |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles |
| Founded | 2003 | 2010 |
| Country | STOCKHOLM | Australia & United Kingdom |
| Clients | 10,000+ | 475,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and ThinkMarkets, directly affecting your bottom line as a trader. ThinkMarkets has a lower barrier to entry with a minimum deposit of $0 (vs $100 at AB Forex). AB Forex charges withdrawal fees while ThinkMarkets 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; ThinkMarkets does not. Overall, ThinkMarkets scores higher on fees in our assessment.
| Feature | AB Forex | ThinkMarkets |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
ThinkMarkets supports social and copy trading features, which AB Forex does not offer. ThinkMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | ThinkMarkets |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | No |
| Windows App | No | No |
| iOS App | No | No |
| Android App | No | No |
| Trading Platforms | DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | MT4, MT5 and ThinkTrader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and ThinkMarkets compare. ThinkMarkets runs regular live webinars; AB Forex does not. ThinkMarkets has a video library; AB Forex does not. ThinkMarkets publishes daily market commentary; AB Forex does not. ThinkMarkets integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. ThinkMarkets maintains an archive of past webinars for on-demand viewing. ThinkMarkets scores higher overall in education and research.
| Feature | AB Forex | ThinkMarkets |
|---|---|---|
| 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. ThinkMarkets uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | ThinkMarkets |
|---|---|---|
| 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. ThinkMarkets offers live chat; AB Forex does not, making ThinkMarkets easier to reach in real time. ThinkMarkets offers phone support; AB Forex does not. ThinkMarkets offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and ThinkMarkets supports 13, giving ThinkMarkets broader global reach. ThinkMarkets scores higher overall on customer support in our assessment.
| Feature | AB Forex | ThinkMarkets |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese |