AB Forex
XGLOBAL Markets
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while XGLOBAL Markets was established in 2008 and is based in Cyprus. AB Forex holds licences including Unregulated, while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $100 at AB Forex and $500 at XGLOBAL Markets.
| Feature | AB Forex | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2008 |
| Country | STOCKHOLM | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and XGLOBAL Markets, 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 XGLOBAL Markets). Both brokers charge withdrawal fees. AB Forex applies inactivity fees on dormant accounts; XGLOBAL Markets does not. AB Forex charges deposit fees; XGLOBAL Markets does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
XGLOBAL Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | XGLOBAL Markets |
|---|---|---|
| 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,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and XGLOBAL Markets compare. XGLOBAL Markets has a video library; AB Forex does not. XGLOBAL Markets integrates third-party research tools (Autochartist); AB Forex does not. XGLOBAL Markets scores higher overall in education and research.
| Feature | AB Forex | XGLOBAL Markets |
|---|---|---|
| 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. XGLOBAL Markets uniquely supports bank transfer and credit/debit card among the two brokers. XGLOBAL Markets scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | XGLOBAL Markets |
|---|---|---|
| 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. XGLOBAL Markets offers live chat; AB Forex does not, making XGLOBAL Markets easier to reach in real time. XGLOBAL Markets offers phone support; AB Forex does not. XGLOBAL Markets offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. XGLOBAL Markets scores higher overall on customer support in our assessment.
| Feature | AB Forex | XGLOBAL Markets |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, and Chinese |