AB Forex
Zerodha
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Zerodha was established in 2010 and is based in India. AB Forex holds licences including Unregulated, while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. AB Forex serves 10,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $100 at AB Forex and $0 at Zerodha.
| Feature | AB Forex | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2003 | 2010 |
| Country | STOCKHOLM | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $100 at AB Forex). AB Forex charges withdrawal fees while Zerodha does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Zerodha does not. AB Forex charges deposit fees; Zerodha does not. Overall, Zerodha scores higher on fees in our assessment.
| Feature | AB Forex | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Zerodha edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | Zerodha |
|---|---|---|
| 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) | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Zerodha compare. Zerodha runs regular live webinars; AB Forex does not. Zerodha has a video library; AB Forex does not. Zerodha publishes daily market commentary; AB Forex does not. Zerodha integrates third-party research tools (Trading Central); AB Forex does not. Zerodha maintains an archive of past webinars for on-demand viewing. Zerodha scores higher overall in education and research.
| Feature | AB Forex | Zerodha |
|---|---|---|
| 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. Zerodha uniquely supports bank transfer among the two brokers. Zerodha scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | Zerodha |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | No |
| 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. Zerodha offers live chat; AB Forex does not, making Zerodha easier to reach in real time. Zerodha offers phone support; AB Forex does not. Zerodha offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Zerodha scores higher overall on customer support in our assessment.
| Feature | AB Forex | Zerodha |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |