AB Forex
UFX
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while UFX was established in 2007 and is based in Republic of Vanuatu. AB Forex holds licences including Unregulated, while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $100 at AB Forex and $500 at UFX.
| Feature | AB Forex | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2007 |
| Country | STOCKHOLM | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and UFX, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $500 at UFX). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; UFX does not. AB Forex charges deposit fees; UFX does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
UFX supports social and copy trading features, which AB Forex does not offer. UFX edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | UFX |
|---|---|---|
| MT4 | No | No |
| 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, 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 UFX compare. UFX has a video library; AB Forex does not. UFX integrates third-party research tools (Autochartist); AB Forex does not. UFX scores higher overall in education and research.
| Feature | AB Forex | UFX |
|---|---|---|
| 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. UFX uniquely supports bank transfer and credit/debit card among the two brokers. UFX scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | UFX |
|---|---|---|
| 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. UFX offers live chat; AB Forex does not, making UFX easier to reach in real time. UFX offers phone support; AB Forex does not. UFX offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. UFX scores higher overall on customer support in our assessment.
| Feature | AB Forex | UFX |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |