AB Forex
Xtrade
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Xtrade was established in 2003 and is based in Australia. AB Forex holds licences including Unregulated, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $100 at AB Forex and $1 at Xtrade.
| Feature | AB Forex | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2003 |
| Country | STOCKHOLM | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $100 at AB Forex). AB Forex charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Xtrade does not. AB Forex charges deposit fees; Xtrade does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | AB Forex | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Xtrade |
|---|---|---|
| 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) | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Xtrade compare. The two brokers are evenly matched on educational content.
| Feature | AB Forex | Xtrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones.
| Feature | AB Forex | Xtrade |
|---|---|---|
| Bank Transfer | No | Not available |
| Credit Card | No | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Xtrade offers live chat; AB Forex does not, making Xtrade easier to reach in real time. Xtrade offers phone support; AB Forex does not. Xtrade offers email support; no email support was found for AB Forex. AB Forex offers multilingual support. Xtrade scores higher overall on customer support in our assessment.
| Feature | AB Forex | Xtrade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | Not available |