AB Forex
USAA
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while USAA was established in 2008 and is based in United States. AB Forex holds licences including Unregulated, while USAA is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; USAA has 10,000+. The minimum deposit is $100 at AB Forex and $25 at USAA.
| Feature | AB Forex | USAA |
|---|---|---|
| Min. Deposit | $100 | $25 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA) |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and USAA, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $25 at USAA). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; USAA does not. AB Forex charges deposit fees; USAA does not. Overall, USAA scores higher on fees in our assessment.
| Feature | AB Forex | USAA |
|---|---|---|
| Min. Deposit | $100 | $25 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
USAA supports social and copy trading features, which AB Forex does not offer. USAA edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | USAA |
|---|---|---|
| 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 ,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and USAA compare. USAA runs regular live webinars; AB Forex does not. USAA has a video library; AB Forex does not. USAA publishes daily market commentary; AB Forex does not. USAA integrates third-party research tools (Trading Central); AB Forex does not. USAA maintains an archive of past webinars for on-demand viewing. USAA scores higher overall in education and research.
| Feature | AB Forex | USAA |
|---|---|---|
| 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. USAA uniquely supports bank transfer and credit/debit card among the two brokers. USAA scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | USAA |
|---|---|---|
| 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. USAA offers live chat; AB Forex does not, making USAA easier to reach in real time. USAA offers phone support; AB Forex does not. USAA offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. USAA scores higher overall on customer support in our assessment.
| Feature | AB Forex | USAA |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |