AB Forex
VTB 24 Bank
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while VTB 24 Bank was established in 2008 and is based in Russia. Both brokers are regulated by Unregulated, among other authorities. AB Forex serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | AB Forex | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Unregulated | Unregulated |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and VTB 24 Bank, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. AB Forex charges withdrawal fees while VTB 24 Bank does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; VTB 24 Bank does not. AB Forex charges deposit fees; VTB 24 Bank does not. Overall, VTB 24 Bank scores higher on fees in our assessment.
| Feature | AB Forex | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
VTB 24 Bank supports social and copy trading features, which AB Forex does not offer. VTB 24 Bank edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | VTB 24 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) | Desktop, Tablet & Mobile apps,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and VTB 24 Bank compare. VTB 24 Bank runs regular live webinars; AB Forex does not. VTB 24 Bank has a video library; AB Forex does not. VTB 24 Bank publishes daily market commentary; AB Forex does not. VTB 24 Bank integrates third-party research tools (Trading Central); AB Forex does not. VTB 24 Bank maintains an archive of past webinars for on-demand viewing. VTB 24 Bank scores higher overall in education and research.
| Feature | AB Forex | VTB 24 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. VTB 24 Bank uniquely supports bank transfer and credit/debit card among the two brokers. VTB 24 Bank scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | VTB 24 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. VTB 24 Bank offers live chat; AB Forex does not, making VTB 24 Bank easier to reach in real time. VTB 24 Bank offers phone support; AB Forex does not. VTB 24 Bank offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. VTB 24 Bank scores higher overall on customer support in our assessment.
| Feature | AB Forex | VTB 24 Bank |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |