AB Forex
VPE Bank
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while VPE Bank was established in 2008 and is based in Germany. AB Forex holds licences including Unregulated, while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. AB Forex serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $100 at AB Forex and $5000 at VPE Bank.
| Feature | AB Forex | VPE Bank |
|---|---|---|
| Min. Deposit | $100 | $5000 |
| Regulation | Unregulated | The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Germany |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and VPE Bank, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at VPE Bank). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. AB Forex charges deposit fees; VPE Bank does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | VPE Bank |
|---|---|---|
| Min. Deposit | $100 | $5000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
VPE Bank supports social and copy trading features, which AB Forex does not offer. VPE Bank edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | VPE Bank |
|---|---|---|
| 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and VPE Bank compare. VPE Bank runs regular live webinars; AB Forex does not. VPE Bank has a video library; AB Forex does not. VPE Bank publishes daily market commentary; AB Forex does not. VPE Bank integrates third-party research tools (Trading Central); AB Forex does not. VPE Bank maintains an archive of past webinars for on-demand viewing. VPE Bank scores higher overall in education and research.
| Feature | AB Forex | VPE Bank |
|---|---|---|
| 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. VPE Bank uniquely supports bank transfer and credit/debit card among the two brokers. VPE Bank scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | VPE Bank |
|---|---|---|
| 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. VPE Bank offers live chat; AB Forex does not, making VPE Bank easier to reach in real time. VPE Bank offers phone support; AB Forex does not. VPE Bank offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. VPE Bank scores higher overall on customer support in our assessment.
| Feature | AB Forex | VPE Bank |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |